Question

Bradley collects historic memorabilia and one of his prized possessions is the pistol used by Aaron Burr in his duel with Alexander Hamilton. After reading an article in a magazine Bradley discovers that Sam owns the matching pistol, used by Hamilton in the duel. Bradley contacts Sam and offers him $500,000 for the pistol. Sam e-mails Bradley that he accepts his offer but the transaction must be for cash and face to face. Bradley responds that he'll be at Sam's home at noon the next day with the money. When he arrives, Sam informs him that he's received an offer of $600,000 for the pistol and Bradley must pay that amount or he'll sell to the other buyer. Bradley wants the weapon to complete the set. If he sues Sam, what course of action will best provide him the results he desires?

a. Sue for breach of contract and seek a legal remedy.
b. Sue for an injunction.
c. Bring a suit in equity and seek monetary damages.
d. Sue for breach of contract and seek a decree of specific performance.

Answer 1

The correct answer is a. Sue for breach of contract and seek legal remedy.

Step-by-step explanation:

First of all, a contract can also be verbal and it gives the same rights and obligations to both sides as if it was written, so when Sam accepted Bradley's offer of $500.000 he contracted many obligations that he clearly later breached, therefore what Bradley should do is sue for breach of contract (because of what i stated above) and seek for legal remedy.