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Contracts Keyed to Marshall
Ragosta v. Wilder Jr.
Citation:
592 A.2d 367 (1991)Facts
In 1987, plaintiffs learned defendant was considering selling the “The Fork Shop,” mailed him a letter offering to purchase the property along with a check for $2,000 and began arrangements to obtain the necessary financing. By letter dated September 28, 1987, defendant returned the $2,000 check explaining that he had two properties “up for sale” and that he would not sign an acceptance to plaintiffs’ offer because that would tie up both these properties until there was a closing. In the letter, he also made the following counter-offer. On October 6th, plaintiffs informed defendant that they would not close the sale on October 8th as discussed previously but that they would come to Vermont on October 10th. On October 8th, defendant called plaintiffs and informed them that he was no longer willing to sell “The Fork Shop.”
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