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Question
Flossy promises to pay her cousin Garth, who is dangerously obese, $10,000 if Garth loses 100 pounds within the next two years. Garth agrees, perÂforms his part of the barÂgain, and asks for the money. Flossy refuses to pay, sayÂing that she forgot about the deal, but that even if she did make such a pledge, there was no valid consideration for it. Garth files a suit against Flossy. In whose favor is the court likely to rule, and why?Answer
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Related questions
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b. a right of first refusal.
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An S corporation is treated the same as a regular corporation for tax purposes
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c. dissolves immediately on Iggy's signing of the second contract.
d. does not dissolve.
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d. "heft," "substance," or "weight" in the terms of the contract.
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If there is a statute that prohibits a certain action, a contract to do it is unenforceable.
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On May 1, Brand Name Industries, Inc. (BNI), sent Carol a letter, via overnight delivery, offering to employ her to audit BNI's financial stateÂments for the current year for $1,000. In the letter, BNI stated that Carol had ten days to accept. On May 5, Carol sent BNI a fax that stated, "The price for the audit seems too low. Would you consider paying $1,200?" BNI received the fax. The next day, Dan offered to conduct the audit for $800. On learning of Dan's offer, Carol immediately e-mailed BNI, agreeÂing to do the work for $1,000. BNI received this e-mail on May 7. Explain why BNI and Carol do, or do not, have a contract.
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c. Magic Math, National Distribution, Office Stuff, and Peg.
d. Office Stuff and Peg only.
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b. made a counteroffer without rejecting the offer.
c. rejected the offer and made a counteroffer.
d. rejected the offer without making a counteroffer.
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d. vague or uncertain.
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