Question

In: Economics

An illegal drug manufacturer and an illegal drug dealer enter into an oral contract in which...

An illegal drug manufacturer and an illegal drug dealer enter into an oral contract in which the manufacturer will sell the drugs to the drug dealer for a set price. The manufacturer changes his mind and sells his product to another dealer. Could the dealer enforce the oral contract? Why or why not

Solutions

Expert Solution

No, there is no breach of a contract. Because there is no valid contract happened in this case. There is no contract enforcing in this case as the contract is void ab initio.


There is a common assumption that if one party offered and other party accepted then they entered into a contract. Although there is more essentials to form a valid contract.
A contract without offer, acceptance, consideration, intention to create legal relations, legality and capacity, certainty are considered as a void contract and it has no enforceability.

In this case there was an oral contract with the illegal manufacturer and illegal drug dealer to sell the drug on a fixed price. But the contract is invalid from the beginning because the contract was made for a illegal purpose. Legality was absent in this contract.

An oral contract can be claimed in some cases but not in this case. Here the contract itself was void and a person cannot enforce or claim for a void contract.


PLEASE GIVE AN UP VOTE IF YOU ARE SATISFIED WITH MY ANSWER. LEAVE FEEDBACK IN THE COMMENT BOX. THANK YOU!


Related Solutions

On Monday morning, Andy and Brian enter an oral, unwritten contract for the sale of five...
On Monday morning, Andy and Brian enter an oral, unwritten contract for the sale of five acres of land in Delray Beach, Florida, at “$10,000 per acre.” On Tuesday morning, Andy demands that Brian pay him “$11,000 per acre” for the land. Brian refuses. Andy sues. Who should win, and why? In your answer, explain written/oral and implied/express contracts.
Reddington and Cooper enter into a contract. Pursuant to that contract – which original contract was...
Reddington and Cooper enter into a contract. Pursuant to that contract – which original contract was unwritten and enforceable, Reddington is to make a payment to Cooper of $5,000,000. Subsequently, Cooper informs Reddington that, because of Cooper's increased costs, Reddington will need to pay more. Reddington tells Cooper he will pay more, if Cooper will also provide more. Cooper is pleased with that, and agrees, since there really were no increased costs, just increased profits. Cooper then fully complies with...
Compare the health effects of illegal drug use with those of alcohol and tobacco. Which generates...
Compare the health effects of illegal drug use with those of alcohol and tobacco. Which generates more health problems? Why?
Homelessness and Illegal Substance Use Illegal Drug Use No Use Homeless 957 1248 Not Homeless 2626...
Homelessness and Illegal Substance Use Illegal Drug Use No Use Homeless 957 1248 Not Homeless 2626 97203 For questions 1 and 2, your calculator will produce large numbers. To obtain instructions on how to interpret exponential output from a calculator, view this information sheet: https://nnlm.gov/sites/default/files/nto/files/TOXNET/whatdoesEmeancalculator.pdf (Links to an external site.)Links to an external site. Compute the chi-square. List the numerator (it is 21 digits long!). List the denominator (it is 17 digits long!).
Investigate programs in your area for drug-addicted individuals. This may include prescription drug abuse, illegal drug...
Investigate programs in your area for drug-addicted individuals. This may include prescription drug abuse, illegal drug abuse, and alcoholism. Speak to someone who works with these individuals. Write a short report on who the individuals affected are, what special needs they have due to their addiction, what resources are available. *Research drug addiction, risk factors, programs for drug addicts* -defined drug tolerance -defined drug addiction
Discuss at least three mechanisms for reduced oral availability of a drug.
Discuss at least three mechanisms for reduced oral availability of a drug.
1. An oral contract for the transfer of an interest in land may be enforced if...
1. An oral contract for the transfer of an interest in land may be enforced if the party seeking enforcement has so changed his position in reasonable reliance on the contract that a court can prevent injustice only by enforcing the contract. a. True b. False 2. The 2001 Revisions to Article 1, adopted by all fifty states, have deleted the requirement that contracts for the sale of other personal property for more than $5,000 be in writing. a. True...
Is an oral contract for the transfer of an apartment enforceable? What about if the seller...
Is an oral contract for the transfer of an apartment enforceable? What about if the seller has already received the money and transferred the keys to the buyer? If the contract is in writing does the contract has to be signed by both buyer and seller to be enforceable? What about if the contract was written and signed on a paper napkin during a dinner at a restaurant? Does it make any difference if the buyer was drinking heavily during...
A dealer buys tooling machines from a manufacturer and resells them to its customers. The manufacturer...
A dealer buys tooling machines from a manufacturer and resells them to its customers. The manufacturer sets a list or catalogue price of $6,000 for a machine. The manufacturer offers its dealers a 20 percent trade discount. The manufacturer sells the machine under terms of FOB shipping point. The cost of shipping is $350. The manufacturer offers a sales discount of 2/10, n/30. The sales discount does not apply to shipping costs. What is the net cost of the machine...
make a drug card for estrogen-progestin combination oral contraceptive. Include 3 different facts for drug class,...
make a drug card for estrogen-progestin combination oral contraceptive. Include 3 different facts for drug class, action if more than one,side effect,nursing interventions
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT