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24 December, 15:56

1. Sufficiency of the Writing Westbank Real Estate, Inc. owns 10 acres of forested land. Westbank wants the land cleared in order to build houses. Westbank emails a signed electronic memorandum to a representative of Hardell Lumber Co. offering to sell the mature trees and rich topsoil to Hardell for lumber and agricultural purposes. The electronic memorandum includes the parties' typed names, the consideration, the price, and a description of the property, lumber, and soil. Hardell replies via email to Westbank that it accepts Westbank's terms, electronically signs the memorandum, and will start removing the trees and soil next month. Before Hardell can begin clearing the land, Westbank changes its mind, wants to keep the land forested, and prevents Hardell from accessing the property claiming no contract has been formed. The Statute of Frauds requires certain types of contracts to be in writing. All of these contracts must be in writing except

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  1. 24 December, 18:13
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    A promise to work for an employer honestly for the rest of life

    Explanation:

    When the representative of Hardell Co received a separate email from WestBank Real estate, that person should have informed his security or sustainability department and had whistled the blow. Instead he kept the mail privately and infact replied to WestBank. This is totally a case of conflict of interest and falls in stature of fraud that the employer hasn't remained loyal to the company for which he is currently working with
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