Question

Mr. White contracts with his wife Ms. White to watch their kids, Joe and Jimmy, for $50 for night. What is the status of the contract between Mr. Smith and Ms. White?

A. There is no contract because Ms. White gave inadequate consideration

B. There is a contract as long as Mr. White registers the contract with the Secretary of State

C. There is a contract as long as $50 is a reasonable profit for watching the kids

D. There is a contract as long as a court reviews the terms within 30 days

Answer

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