Answers may be continued on back of each page. Assume current Illinois Law applies unless otherwise stated. In our discussion of Contracts, we identified five elements necessary for a valid contract. What if Buyer, while outwardly acting like he intended to enter into a binding contract, actually was playing a joke and in his heart didn't intend to make a contract. On November 15, Elevator mails a written confirmation of the contract to Farmer.
Farmer ignores the signed letter when it is received.
Before delivery, Farmer's beans are destroyed by a tornado. ABC Realty, while taking Prospective Buyer to visit the premises, negligently runs off the road and Prospective Buyer is injured. Assume the agreement and deed are silent on this question.