Scenario Analysis: Enforceability of Certain Contracts

Question

Harry and Sally are friends who live in the same house. They have and understanding that if either of them buys a winning lottery ticket they will share the money. One day Sally buys a ticket which wins $100,000 in prize money. Sally insists that since she bought the ticket, she doesn’t have to share the money.

1. What is the legal issue in this case scenario?
2. On which case is this scenario based?
3. What is the presumption of the law?
4. Explain how this presumption can be rebutted
5. What must be proven for the money to be shared and who bears the onus of proving this?
6. What is the likely outcome of this case scenario?

Summary

The question belongs to Law and it is about two friends Harry and Sally who live the same house and come to an understanding to share money, if at all any one of them buys and ticket and wins. Sally buys a lottery ticket and wins the amount, but she doesn’t want to share the money. The solution gives case studies and tests whether or not legality of an enforceable contract in this case exists.

Total Word Count 777