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In: Economics

Mickey puts an ad Craiglist stating that he wants to sell his truck for $500. Donald...

Mickey puts an ad Craiglist stating that he wants to sell his truck for $500. Donald goes to Mickey’s home and tells him that he is interested in buying the truck. After looking at it, Donald hands Mickey $500 in cash, which Mickey proceeds to put in his pocket. As Donald is about to leave, Goofy drives up and tells Mickey that he’ll give him $600 for the truck. Mickey hands Donald back his $500 and sells the truck to Goofy. Donald sues Mickey for breach of contract. Explain whether Donald or Mickey is likely to win.

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Rahul Sunny answered 2 years ago
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