SOS!!! 18. I am not sure whether Purdue University really does this or not, so w
ID: 468780 • Letter: S
Question
SOS!!!
18. I am not sure whether Purdue University really does this or not, so we will say that the university does let people in the community, students, faculty, and staff, meaning individuals on and off campus, the opportunity to put advertisements for ten cents per word in the classified section of the student newspaper, The Exponent. Imagine that Tom Risk, a retired West Lafayette resident, provides the university with an advertisement to go in the classified section of the student newspaper. The ad was to go in the February 12, 2015, newspaper for two $60.00 concert tickets. Risk had purchased the tickets for $60.00 each. The concert is Valentine's Day, February 14. Risk has advertised in the Purdue student newspaper 30 times before and has always sold his tickets. This time, his advertisement is misplaced by a Purdue employee and doesn't get in the newspaper. Risk doesn't sell the tickets and is out $120. Risk contends that when he handed the advertisement to the Purdue employee, the employee promised it would be in the February 12, newspaper. Under contract law, what would Risk need to prove in Small Claims Court in order to receive a judgment against the student newspaper a. From the facts, there is no legal contract, so Risk will not prevail. b. The student newspaper breached the contract, so Risk will prevail. c. This is not a legal contract because it was not in writing. d. This is not a legal contract because there was missing consideration. e, a and cExplanation / Answer
d. This not a legal contract because there was missing consideration.
Consideration should be adequate and bargained for by th receiving party to make a valid contract.
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