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You go out drinking and No, he can't, if you were so intoxicated
playing cards with your that you could not form the mental
buddies. After you have capacity to enter into a contract, and your
consumed a huge amount of buddy knew you were intoxicated.
alcohol, you agree to sell your
motorcycle to your buddy. The
next morning, after you sober
up, your buddy tells you what
you did.
Do you think your buddy can
legally hold you to the deal to
sell him your motorcycle?
,Which of the following is a 2. Eric offers to buy Arun's house for
valid offer? $775,000 with no contingencies because
1. Arun distributes flyers at Eric's lease ends in two months. Arun
work stating he wants to sell wants to think about it and six days later
his house, listing the address has not yet responded.
and the asking price.
2. Eric offers to buy Arun's
house for $775,000 with no
contingencies because Eric's
lease ends in two months.
Arun wants to think about it
and six days later has not yet
responded.
3. Eric offers to buy Arun's
house for $290,000. Arun says,
"No, but I will sell it to you for
$300,000." Eric seems to be
upset, so Arun says he will sell
it for $290,000.
4. Arun tells Eric he will sell
one of his houses for $250,000
by the end of the summer.
Which act or statement is a A detailed advertisement
valid offer?
What type of acceptance Unilateral contracts
requires an affirmative action
for the offeree to accept that
offer?
, Lilly hired Harris Lawn Service 1. Lilly's silence is acceptance because of
to cut her grass one summer, the parties' past dealings.
and paid through automatic 2. Lilly's silence is acceptance because
charges to her credit card. the offeree accepted the benefit offered.
After taking three months off
for winter weather, Harris staff
cut Lilly's grass for four weeks
in a row before charging the
fees on Lilly's credit card. Lilly
protested the charges, stating
she did not hire the company
to cut grass for the second
summer. Harris sues Lilly. What
law applies? Choose 2 answer
choices.
Which situation would be Pam agrees to pay Derek $500 if he does
considered sufficient not sit next to her in class anymore.
consideration for a contract to (Forbearance)
exist?
What are the elements of 1. something of value from each party
consideration? Choose 2 2. an exchange to which the parties agree
answer choices.
Which type of lack of capacity Minor status
is easiest to prove?