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Statute of Frauds

1. Henry orally promises to sell his house to Beanna for $225,000. On the day after the agreement is entered into, Bernard offers Henry $235,000 for the house, and Henry orally agrees to sell him the house. The next day, Tanya offers to rent the house from Henry for one year at $1,000 per month and Henry orally agrees to the lease. If Beanna, Bernard and Tanya sue Henry to enforce their respective agreements, what will a court decide? Contractual obligations aside, as among the three innocent parties, to whom does Henry owe the greater ethical duty to honor his agreement in your view? Why?

 
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