Comparative Contract Law: Scotland, New York, and beyond

Question I: Contract Formation
Justin Timberlake advertises his singing services: “First offer of $1,000,000 wins.” Bob calls the phone
number at the bottom of the advertisement to see if it is real and to his surprise finds out it is! So Bob
sends a handwritten, signed letter offering $1,000,000 to the address and puts it in the mail on March 1st.
However Bob’s wife gets very angry when she realizes he just offered $1 million so the next day, Bob
sends another letter revoking his acceptance. Justin Timberlake receives Bob’s acceptance letter on
March 5th and the rejection letter on March 6th.
Is there a contract:
If this is in New York:
If this is in Scotland:
Question II: Mistake and Error
Amit wants to buy Jonathan’s Picasso painting and they agree to a price of $3 million. Amit brings the
painting home and a few weeks later finds out the painting is a fake, both Amit and Jonathan are
Is the contract for the sale void or voidable?
If this is in New York:
If this is in Scotland:
What if Jonathan knew the painting was a fake?
Is the contract for the sale void or voidable?
If this is in New York:
If this is in Scotland:
Question III: Choose ONE of the following:
A. Breach And Remedies
Great Yachts Builders (GYB) is a ship building company and contracts with Osnat to build a custom 7
meter long yacht for $800,000 to be completed on August 30th. On July 25th, Osnat calls GYB to say she
changed her mind and she is not going to pay, she’d rather buy a private jet from someone else. GYB
managed to find another buyer, Amiram, who bought the yacht for $500,000.
Does GYB have a breach of contract claim against Osnat and if so, how much in damages can they receive?
In New York:
In Scotland:
B. Engagement
On September 5th, 2019, B gets down on one knee and proposes to A with an engagement ring (worth
$1000). She accepts and they plan a wedding for June 2020. In November 2019, B’s parents pay a nonreturnable deposit of $1000 to caterers to prepare the dinner for the wedding and $5000 deposit on the
hotel they wanted to get married in the contracts are in the names of B’s parents. The day before the
wedding, A tells B she does not want to marry him after-all.
Did A breach a contract?
Does A have to return the engagement ring or pay B any damages?

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