Uncle Tupelo

2) Provide a short answer to the facts below. Your answer will be as the Judge and determine if you would require Uncle Tupelo to make payment. Your answer should analyze the situation under basic contract principles and fully explain the legal reasoning supporting your conclusion. Facts: Tweedy is an aspiring restaurateur. He wants to start his own French restaurant, but he lacks the needed start up money. Tweedy’s wealthy Uncle Tupelo wants to help Tweedy out, and he makes the following promise. “I think you’ve got what it takes. I am going to give you $10,000 to get this project off the ground.” Tweedy is ecstatic. He quits his job, buys $8,000 worth of kitchen equipment, $4,000 worth of furniture, and enters a lease for space. However, shortly thereafter, Uncle Tupelo later becomes mired in a messy divorce and he refuses to pay Tweedy.

Custom Papers

We will write a custom paper for you

Free title page

Free reference page

Free formatting

Unlimited revisons