True/False
Rob Smythe collects antique furniture and has been looking for a specific piece to complete a set. He found the furniture at a yard sale at Rob Bibb's house. Smythe told Bibb that he had been looking for that specific piece for several years. He offered $300, which Bibb thought was a very good price. Bibb agreed to sell. Smythe then gave Bibb a significant down payment to hold the furniture until he could pick it up. However, before Smythe could pick up the furniture from Bibb, another buyer offered him an even better deal. Bibb informed Smythe of his intention to sell to the other buyer and offered to return the down payment. Smythe informed him he really wanted the furniture and would sue if necessary. If he does so, Smythe will most likely ask the courts to remedy the breach of contract by ordering specific performance.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: In the sale of a good, which
Q3: The law with respect to the sale
Q4: Back in 1998, Barb Berenger agreed to
Q5: Consideration: Both parties must provide something of
Q6: When a contract involves the sale of
Q7: There are only three requirements for a
Q8: Which of the following best describes contracts?<br>A)
Q10: What type of authority is based on
Q11: The same wrongful behaviour can result in
Q79: A tort is a private wrong that