Business, 18.12.2019 01:31, gabmilex1

Ann wrote a $500 check to art as a deposit on art's 240z car. the memo section of the check read: "deposit on 1978 240z car of art mole. sale price $4500." art initialed the memo section. when ann returned the next day with the remaining $4000, art said, "sorry, i sold the car for $4,000 cash yesterday and sent your check back." the cheapest 240z ann can find is $5200. what are ann's rights? discuss in detail the following:
a. was a contract formed?
b. are there statute of frauds problems?
c. could ann collect damages? if so, what form and/or amount would they be?

Answers: 2

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Ann wrote a $500 check to art as a deposit on art's 240z car. the memo section of the check read: "...