American Electrical Steel Co. v. Scarpace

Because I believe the majority opinion is contrary to basic principles of equity and contract law, I dissent.

The factual basis for this appeal is as follows: Defendant, Olga Scarpace, and her husband, Laurence, owned, as tenants by the entireties, a parcel of land in Taylor, Michigan. In 1969, Olga Scar-pace listed the land for sale with the Earl Keim Realty Company. After some negotiations, she accepted American Electrical Steel Company’s (hereinafter referred to as American) offer to purchase. American gave a $500 deposit to her real estate agent. When Mrs. Scarpace accepted the offer to…