Callaghan v. Reed

Although I concur with the majority opinion in affirming the judgment of the trial court, I am not sime that I understand its reasoning and would like to state my reasons for concluding that the agreement is enforceable.

The agreement starts out clear enough: Charles and Zelma agreed that Charles would purchase from Zelma the real property in question for the sum of $97,230, and the farm machinery for the sum of $5,100, for a total purchase price of $102,330. The purchase price was to be paid by Charles’s conveying to Zelma certain described real property (which he did), for which Zelma…