Indeed this is consideration but it is not a clear confirmation that they are

Indeed this is consideration but it is not a clear

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agreed between them. Indeed this is consideration but it is not a clear confirmation that they are going to purchase the vehicle. The money was not binding and it was made in order for them to thoroughly think things over before they intended to buy the car but not to prevent the salesman from selling it to any other interested buyer. Jim and Laura did not fail on any agreement because an agreement was not made to purchase the vehicle, just to hold the money until the next because they wanted to make sure they were makingthe right decision with the blue 4-door sedan.There was no breach of contract in this matter because no papers or documents were signed to bind them to purchasing the vehicle. Stan is wrong in changing what he said the previous day and saying that the money was for a down payment when in reality it was not. This is causing Jim and Laura to be upset. They were promised something but return and are told otherwise. It would be hard for Jim and Laura to present a case in court because there are no papers or documents making what they say true. If they were to pursue a legal case against Stan and the dealership, they are in a losing battle. A judge will look at the case as a mockery and surely go with Stan and the dealership and provide them with punitive damages, forcing Jim and Laura to pay all the court costs and fees. References:Elements of a Contract. (2016). TheFreeDictionary.com. Retrieved 11 November 2016, from
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