Amy Klein was seriously injured when her motorcycle was struck by a vehicle driven by Christopher Bowling.Amy Clne wrote to Statewide Claims Services, the administrator for Bowling's insurer asking for "all the insurance money that Mr.Bowling had under his insurance policy". In exchange, Klein agreed to sign a limited release that could not contain any language saying that she would have to pay Mr.Bowling's by or his insurance company any of their incurred costs". Statewide sent a check and a demand that Klein "place money in an escrow account in regards to any and all Leon's pending." Did Statewide and Klein have an enforceable agreement?
Amy Klein was seriously injured when her motorcycle was struck by a vehicle driven by Christopher Bowling.Amy Clne wrote to Statewide Claims Services, the administrator for Bowling's insurer asking for "all the insurance money that Mr.Bowling had under his insurance policy". In exchange, Klein agreed to sign a limited release that could not contain any language saying that she would have to pay Mr.Bowling's by or his insurance company any of their incurred costs". Statewide sent a check and a demand that Klein "place money in an escrow account in regards to any and all Leon's pending." Did Statewide and Klein have an enforceable agreement?
An enforceable agreement is an agreement that is enforceable in a court of law.
For an agreement to be enforceable by law,
There must be an offer made by a party.
Acceptance must be done by another party.
Consideration must be there in the Contract.
Competent parties should be part of the Contract.
Free consent should be there while acceptance of the Contract.
Parties should have the intention to enter into the Contract.
It must not be ambiguous and should not be void
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
