BLAW Ch 12 MC
Terms in this set (30)
Original
Aunt Ellie promises her 21-year-old nephew, Robbie, that she will pay him $100 if he quits smoking
for a month. If Robbie does, is there a binding contract?
Yes, because Robbie gave up a legal right
3 multiple choice options
Janet promises Eli $4,000 for one of his original paintings on the condition that she receive $1 million
from her mother's will.
Janet's promise is legally sufficient unless Janet knew at the time she made the promise that she
could not inherit the $1 million
3 multiple choice options
Stan purchased 400 pairs of gloves from Isaac at a contract price of $800. Fifty of the gloves were
defective, and a dispute arose as to the amount due and owing under the contract. Stan refuses to
pay the $800, and Isaac is threatening to sue. Which of the following is correct with regard to this
transaction?
If Isaac agrees to accept $600 to settle the dispute and Stan agrees to pay that amount, the
substitute agreement is enforceable
%
3 multiple choice options
Which of the following would most likely be enforceable?
A substitute agreement to settle an undisputed debt
3 multiple choice options
Marilyn contracted with Bravo Builders to build an addition to her house for $15,000. After digging the
foundation, Bravo decides that it will take more work and more concrete than it had originally thought
and that it will need to charge an additional $5,000 for the job. Assuming Marilyn agrees, which of the
following is correct?
This is a modification of a preexisting contract, which under common law must be supported by
additional consideration on the part of Bravo Builders
3 multiple choice options
Carlos ordered an aluminum storm door for $249.99. Before it was delivered, the same store from
which he ordered the door ran an ad in the paper for the same storm door at $179.99. Carlos calls the
store and demands the advertised price. They say okay
Carlos must pay $179.99
3 multiple choice options
Mary agrees to sew Georgia's prom dress for $50 plus costs. Georgia decides that she wants ruffles
around the neck and calls Mary who says it will now cost $60. When Mary finishes the dress (with
ruffles), Georgia must pay
$60, since the modified agreement is supported by additional consideration
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