136k views
5 votes
Willis and Leslie orally agree to the sale of a parcel of land for $50,000: one-half payable now as a down payment; one-half payable in 30 days at the time of closing when the title will be transferred. The buyer, Willis, is to have possession immediately. Willis pays Leslie $25,000, takes possession of the land, and starts building a house. At the time of closing, the house is nearly completed. However, Leslie refuses to transfer the title, claiming the oral contract is not enforceable. This contract is:

1 Answer

5 votes

Answer:

c. enforceable, because Willis has partially performed the oral contract and made improvements on the land.

Step-by-step explanation:

Note: This question is not complete as it does not include the options. The complete question is therefore presented before answering the question as follows:

Willis and Leslie orally agree to the sale of a parcel of land for $50,000: one-half payable now as a down payment; one-half payable in 30 days at the time of closing when the title will be transferred. The buyer, Willis, is to have possession immediately. Willis pays Leslie $25,000, takes possession of the land, and starts building a house. At the time of closing, Willis has made a substantial beginning on the house. However, Leslie refuses to transfer the title, claiming the oral contract is not enforceable. This contract is:

a. enforceable, because the statute of frauds does not apply to this interest in land.

b. unenforceable, because there is no writing signed by Leslie.

c. enforceable, because Willis has partially performed the oral contract and made improvements on the land.

d. unenforceable, because the parol evidence rule applies.

The explanation to the answer is therefore given as follows:

An enforceable contract can be described as an oral or written agreement relating to employment, sales, or tenancy between two or more parties that can be imposed in a court of law.

If there is a permission by the law to enforce a contract, the obligation of the assenting parties to the contract is the execution of the agreement.

From the question, the contract is enforceable based on two facts: first, the contract is an oral agreement to the sale of a pacel of land between Wills and Leslie; and second, the oral contract has been executed to some extent by Will since he has made improvements on the land.

Therefore, the correct answer is option c. enforceable, because Willis has partially performed the oral contract and made improvements on the land.

User Tisch
by
8.1k points