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Contracts (Herein Of Agency) -- 1955 Tennessee Survey, Merton L. Ferson
Contracts (Herein Of Agency) -- 1955 Tennessee Survey, Merton L. Ferson
Vanderbilt Law Review
Offer and Acceptance: Listing Property for Sale With Broker: In Jenkins v. Vaughan' the facts were these: Vaughan had a drug store for sale. He gave Jenkins, a broker, an exclusive listing for 90 days and promised to pay Jenkins a commission if the property were sold within that time "either through you or any other reason." This listing was made October 10, 1951. On December 10, 1951, Vaughan directed an employee of Jenkins to cancel the listing. And on December 28 Vaughan sold the store to a purchaser procured by another broker. Jenkins had not spent any appreciable time …
Conditions In The Law Of Contracts, Merton Ferson
Conditions In The Law Of Contracts, Merton Ferson
Vanderbilt Law Review
Conditions Precedent. Assume that a contract obligation has been created. When must the obligor perform? In some cases the performances become due by the mere passing of time. But in many cases the performances are not due until and unless certain other events have occurred. These other events are called conditions precedent. Until they come to pass the obligor may omit performance with impunity. He has an excuse that will stay the hand of the obligee. The case of Shadforth v. Higgin' will serve to illustrate the immunity of an obligor when a condition precedent has not come to pass. …