Knowing that Michele is looking for a house, Fatima negotiated a contract for her to buy a house from Owen. Fatima and Owen have agreed on the price, the deposit, the closing date and all other relevant terms of the deal. Michele, however, has not authorized Fatima to negotiate this transaction her behalf and had no knowledge of what Fatima has done. When Fatima tells her, however, Michele is delighted by the house and all the terms of the contract except for the deposit of $20 000 that Fatima and Owen have agreed to. Is it possible for Michele to accept this contract with Owen, such that it becomes a binding obligation between them, but not accept the deposit requirement to which she did not consent?

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The Answer of Knowing that Michele is looking for a house, Fatima negotiated a contract for her to buy a house from Owen. Fatima and Owen have agreed on the price, the deposit, the closing date and all other relevant terms of the deal. Michele, however, has not authorized Fatima to negotiate this transaction her behalf and had no knowledge of what Fatima has done. When Fatima tells her, however, Michele is delighted by the house and all the terms of the contract except for the deposit of $20 000 that Fatima and Owen have agreed to. Is it possible for Michele to accept this contract with Owen, such that it becomes a binding obligation between them, but not accept the deposit requirement to which she did not consent?

Knowing That Michele Is Looking for a House, Fatima Negotiated