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QUESTION

Sam, searching for other land to purchase, bumped into a friend who wanted to sell his house.

Sam, searching for other land to purchase, bumped into a friend who wanted to sell his house. Sam and

his friend negotiated by-mail and, after a series of emails, reached a clear unequivocal agreement for a

simple contract for the sale of the land. Sam telegraphically transferred a deposit to his friend's bank

account. In your opinion;

(a) Is it probable that an enforceable contract for the sale of land has been created?

(b) Advise Sam with respect to the payment of the deposit

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