Quimbee logo with url
From our private database of 15,100+ case briefs...

Ragosta v. Wilder

Supreme Court of Vermont
592 A.2d 367 (1991)

Facts

Ragosta (plaintiff) mailed Wilder (defendant) a letter offering to purchase “The Fork Shop” and included a check for $2,000. Wilder returned the check and stated that Ragosta could purchase The Fork Shop for $88,000 at any time prior to November 1 provided that Ragosta appeared with Wilder at the bank, so long as he did not sell to another party first. Ragosta received the letter on October 1 and notified Wilder they would prepare to accept the offer, and Wilder informed Ragosta that there were no other interested buyers. On October 6 Ragosta informed Wilder that they could not close the sale on October 8, as discussed previously, but that they would do so on October 10. Though he was aware that Ragosta had obtained financing for the purchase at a cost of $7500, Wilder called Ragosta on October 8 and informed him that he was no longer willing to sell. Ragosta responded that they would be at the bank on October 15, prepared to close. Ragosta appeared but Wilder did not. Ragosta sued for specific performance and the trial court ruled for Ragosta. Wilder appealed.

Rule of Law

Issue

Holding and Reasoning (Peck, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 97,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.

  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.

Here's why 287,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 15,100 briefs, keyed to 204 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Here's why 287,000 law students have relied on our case briefs:

  • Reliable - written by law professors and practitioners not other law students.
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your class - works on your mobile and tablet.
  • 15,100 briefs - keyed to 204 casebooks.
  • Uniform format for every case brief.
  • Written in plain English - not in legalese and not just repeating the court's language.
  • Massive library of related video lessons - and practice questions.
  • Top-notch customer support.