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A1 tells Barb that he will buy her textbooks from the previous semester for $75.

ID: 461612 • Letter: A

Question

A1 tells Barb that he will buy her textbooks from the previous semester for $75. Barb agrees. A1 and Barb have an unilateral contract a bilateral contract an implied -in-law contract no contract Ned Contractors, Inc. begins construction of a mall for Van Development Corporation and after six months demands an extra $100, 000. Van agrees to pay. Imagine that Ned offered no reason for the extra $100, 000, but said only that it would stop working if Van did not agree to pay. The agreement is enforceable because the parties executed an accord and satisfaction enforceable because of the unforeseen difficulties unenforceable due to the preexisting duty rule unenforceable because the contract is for an amount greater than $5,000

Explanation / Answer

1.

b. bi lateral contract. because both of them agrees to do something.

2.

a. enforceable because the parties executed an accord and satisfaction.

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