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16. Mary Drysdale and her husband, Simon Hershon, lived in Washington...

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16. Mary Drysdale and her husband, Simon Hershon, lived in Washington D.C. They wanted to purchase "Tulip Hill" an 18th century mansion located on 54 acres in Anne Arundel County, Maryland. The property was owned by an estate and managed by Jonathan Cannon. Drysdale and Hershon orally agreed on a purchase price of $1.2 million. Cannon also promised that while the lawyers were drafting the written purchase agreement, he would not seek offers from anyone else. Also, if he received an unsolicited offer, he would give Drysdale and Herhon the opportunity to match it. Drysdale and Hershon then met with their local bank to discuss an application for a mortgage to purchase the property. They also met with the Maryland Historical Commission to discuss proposed improvements they wanted to make to the property. Meanwhile, Cannon sold Tulip Hill to someone else without notifying Drysdale and Hershon. Drysdale and Hershon sued Cannon for breach of contract. Did Drysdale and Hershon have an enforceable contract to purchase Tulip Hill? Discuss. Hershon v. Cannon, 1993 U.S. Dist 689. United States District Court (1993)

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