Joe Jones entered into a written contract with Smith Department Store to buy a television for $350. Ten other stores in the area are selling the identical television for $400. Joe attempted to give Smith Department Store the $350, but it refused to go through with the contract. Joe sued Smith Department Store for breach of contract in a court that hears both equity and common law cases. Joe will be awarded $50.
Step-by-step explanation:
Joe Jones decided to purchase Television. So he went to Smith Department Store. He made contract with him to buy the television at the rate of $350. It is noticed that ten other stores in the same area were selling the same TV for $400.
On the date of delivery, Joe gave $350 for the TV according to the contract. But Smith Department Store refused it. They demanded for $400. So Joe decided to approach the court to sue the store. He filed a case regarding the breach of the contract. His case will be dealt and Joe will be awarded $50.