Cato and Isabella are friends and they meet for drinks at a bar one night. Cato, while intoxicated, offers to sell Isabella his Porche worth $40,000 for only $20,000. Delivery will be in 2 weeks. Isabella accepts, and they write the terms down on a napkin and each initial it.
After 2 weeks, Isabella comes looking for her car and has the $20,000 ready. Cato decides not to sell and says that 1) he was to drunk to understand what he was doing, 2) the amount offered was not a fair bargain, 3) the napking was not a “car title” and therefore was not an enforceable sale.
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Get Help Now!Discuss whether Cato or Isabella will win based on the three arguments raised by Cato. Explain each one in detail.
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