Identify and discuss the relevant legal issues and discuss them fully. Specifica
ID: 2720089 • Letter: I
Question
Identify and discuss the relevant legal issues and discuss them fully. Specifically state what you think the outcome will be and why. In Questions #1 and #2, be sure to include the applicable general rules as well as any exceptions and w hether they apply. In Question #3, you will want to consider each element of the cause of action as well as defenses.
1. Juan Seguín is an ag ing rancher who operates as a sole proprietor in Cameron County. He is looking to retire and wants to sell some of his business machinery. Seguín off ers to sell a piece of machinery to Martín Perfecto de Cos for $ 10,000. Discuss the legal effects of ea ch of the following events on the offer:
(a) Seguín dies prior to Cos’s acceptance, and at the time he accepts, Cos is unaware of Seguín’s death.
(b) The night before Cos accepts, fire destroys the machinery.
(c) Cos pays $100 for a thirty - day option to purchase the m achinery. During this period, Seguín dies. Aware of Seguín’s death but within the thirty - day period, Cos accepts the offer.
(d) Cos pays $100 for a thirty - day option to purchase the machinery. During this period, Cos dies. His estate accepts the offer with in the thirty - day period
Explanation / Answer
Identify and discuss the relevant legal issues and discuss them fully. Specifica