Hey there, Im revising for my contract law exam and came across this question. Can someone please help me answer it.
Thank you
Miranda is a splendid oboe player who has high aspirations of
studying baroque oboe at the esteemed Royal Scottish Academy
of Music and Drama (RSAMD). Her tutor, Professor
Longbeanpole is extremely proud of her and promises that if she
gets accepted to the RSAMD he will buy her a very rare baroque
oboe made by the world famous oboe makers Howarth & Sons.
These are not only rare but are also extremely expensive at
approximately £10,000 and so this is something that Miranda
could only ever dream of, hence she is all the more determined to
get a place at the RSAMD.
Miranda was never short of confidence and is in no doubt that she
will get into the RSAMD and so, in anticipation of the new
Howarth & Sons oboe, she sells her rather inferior plastic Rico
model to Simeon. She sells it at an unrealistically low price to
Simeon, partly because of the prospect of the new Howarth &
Sons and partly because she fancies Simeon and hopes one day
to play a duet with him at the Royal Concert Hall.
On the night before the results of her audition for the RSAMD,
Miranda went out for a meal with professor Longbeanpole to the
newly opened vegetarian restaurant, Let’s Eat Soya and during
the meal she told the professor how much she was looking
forward to getting her new Howarth & Sons oboe.
The following morning Miranda received an email from professor
Longbeanpole in which he explained that he had joined a
Wrestling team and had actually donated the money he had set
aside for her oboe to the fund for a new wrestling ring and skintight lycra costumes for his fellow wrestlers. He will not therefore
be buying Miranda the Howarth & Sons oboe that he had
promised.
Later that day Miranda received news that she had got a place at
the RSAMD but her delight is overshadowed by the fact that she
has no oboe, having previously sold her Rico model at the
unrealistically low price to Simeon (who is now going out with
Bertha) and so there is no prospect of her getting the Howarth &
Sons due to her having no money and no prospect of hard cash
due to her new student status.
Advise Miranda