When A offer to buy something at a price verbally from B, and the offer was remain open for three month. After two month B accept A's offer, however, A refused to buy stating that it had been a joke and there is no formal contract.
Is there fraudulent misrepresentation in this case?
I understand that this case is similar to Lucy v. Zehmer (1954 Sup.Ct. VA) 84 S.E.2d 516 where there was no fraud, no misrepresentation, no sharp practice and no dealing between unequal parties
Is there fraudulent misrepresentation in this case?
I understand that this case is similar to Lucy v. Zehmer (1954 Sup.Ct. VA) 84 S.E.2d 516 where there was no fraud, no misrepresentation, no sharp practice and no dealing between unequal parties