B) False
Correct Answer
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Correct Answer
verified
A) A liquidated debt is involved, and there is an accord and satisfaction.
B) A liquidated debt is involved, and there is an accord but no satisfaction.
C) A liquidated debt is involved, and there is neither a satisfaction nor an accord.
D) An unliquidated debt is involved, and there is an accord and satisfaction.
E) An unliquidated debt is involved, and there is an accord but not satisfaction.
G) C) and E)
Correct Answer
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Correct Answer
verified
A) The stylist will win because she did additional work in exchange for the extra payment; and, therefore, Sally's promise was supported by valid consideration.
B) The stylist will win because she did additional work in exchange for the extra payment; and, therefore, a valid unilateral contract existed.
C) The stylist will win unless Sally can show that she had previously received both a trim and highlights for $40. If she can prove that she previously received both for $40, then the past expectations rule applies.
D) Sally will win because the stylist had a preexisting duty to have Sally's hair look as good as possible.
E) Sally will win because there was no valid consideration in exchange for the highlighting.
G) None of the above
Correct Answer
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Correct Answer
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A) The bank is likely to prevail because Ted only provided past consideration.
B) The bank is likely to prevail because Ted had a preexisting duty to catch Victor.
C) The bank is likely to prevail because Ted's promise to catch Victor was illusory.
D) Ted is likely to prevail because his promise to catch Victor resulted in a binding bilateral contract.
E) Ted is likely to prevail because an enforceable unilateral contract exists based on his performance.
G) B) and C)
Correct Answer
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Correct Answer
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