Statute of Frauds, breach of contract, remedies

Purpose: The purpose of this project is to focus on Statute of Frauds, breach of contract, and remedies. The Statute of Frauds requires certain contracts to be in writing. A breach occurs when one party fails to perform as agreed, and a remedy is the damage available to the injured party. Support your response with appropriate cases, laws and other relevant examples by using at least one scholarly source from the Free Legal Research Sites page in addition to your textbook for the scenario. Your paper should be between 2 and 3 pages long, excluding the title page and references page. Candace Dixon agreed to sell Alana Mendes a house in Alabama for $205,000. The sale was supposed to close by November 30, when the parties were to exchange the deed for the price. The contract included a provision that if Seller is unable to convey good, clear, insurable, and marketable title, Buyer shall have the option to: (1) accept such title as Seller can convey without reduction of the Purchase Price, or (2) cancel this Agreement and receive a return of all Deposits. An examination of the public records revealed that the house did not have a marketable title. Mendes offered Dixon additional time to resolve the problem, and the closing did not occur as scheduled. Dixon decided the deal is over and offered to return the deposit. Mendes refused and, in mid-December, decided to exercise her option to accept the house without marketable title. She notified Dixon, who did not respond. She then filed a lawsuit against Dixon in a state court. Define the Statute of Frauds Is the agreement between Candace and Alana enforceable under the Statute of Frauds? What defects in the contract formation process may have occurred? Discuss whether Dixon breached the contract and decide in whose favor the court should rule. Submission Details: Before getting started, review the rubric for grading details and expectations. Use three or more scholarly sources to support your work. Submit your paper in Microsoft Word, using APA style. Name your document SU_BUS1038_W4_LastName_FirstInitial.doc Submit your document to the Submissions Area by the due date assigned.