3 ms·
In many/most common law jurisdictions, there is a statute of frauds or similar rule that requires that contracts that purport to transfer interest in land must
by NovemberWhiskey 5y ago
In many/most common law jurisdictions, there is a statute of frauds or similar rule that requires that contracts that purport to transfer interest in land must be written and signed by the parties in order for a contract to be formed.
It's a bad idea to extrapolate from the special case to the general.
- klyrs 5y agoHonestly I've had the same thing happen with a used car on Craigslist. Guy had an emotional attachment and changed his mind when I showed up with the cash. In the absence of legislation, courts look to similar cases. Individuals selling houses & cars is more similar to this case than grocery stores advertising prices for commodities, to me.