Contractual Obligations In California

Summary

In California, a valid contract requires an offer, acceptance, and consideration. In the first scenario, Biddlebaums offer of $50 was accepted by Wing, with Wings non-smoking as consideration. The contract was fulfilled as Wing met the terms, making her motive irrelevant. In the second scenario, Ringo and Cogburns contract involved the sale of two horses for $5,000. Cogburn delivered one horse and attempted to deliver the second, which was refused. Cogburn then sold the second horse for $3,000, which is the relevant value in this context. Understanding these elements can help clarify contractual obligations and potential outcomes.

Full Conversation

answer?
In this scenario, Ringo entered into a contract with Cogburn for the delivery of two horses. Here are the key points:
- Offer and Acceptance: An agreement was made for the sale of two horses.
- Consideration: Payment of $*,* for both horses.
- Performance: Cogburn delivered True and attempted to deliver Grit.
Given that Derby refused delivery and Cogburn sold Grit for $*,*, the most relevant answer is likely:
- (A) $*,*, the value of Grit.
Do you have any other legal questions or need further clarification?