Ask Question
BusinessBusiness
24 February, 15:55

Bryan tells his friend jane, "i don't think it's fair that you don't have a cell phone and the rest of our friends do. in consideration of that unfairness, i will pay you $400 for you to buy a new automobile. this contract is:

+5
Answers (1)
  1. 24 February, 16:19
    0
    This contract is unenforceable, as it is not a bargained for exchange. In order to have a valid contract, you need a bargained for exchange. This means that you need an offer on the part of the offeror (person giving the offer) and an acceptance on the part of the offeree (person whom the offer is directed). Here, you have an offer from Bryan to Jane to give her money to buy a new car based on the logic that she doesn't have a cell phone. However, there is no information given regarding Jane's acceptance.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Bryan tells his friend jane, "i don't think it's fair that you don't have a cell phone and the rest of our friends do. in consideration of ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What kind of warranty is often offered not through the manufacturer but instead through a third party? a. manufacturer's warranty b. extended warranty c. full warranty d. limited warranty
Answers (1)
A fixed hourly rate earned by employees is a?
Answers (1)
Grape-Nuts was one of the first cereals that Post Cereal Company ever marketed. It scores well in brand awareness studies, but recently its sales have been steadily declining.
Answers (1)
Explain why the 4 building blocks of "competitive advantage" can make an organization more successful
Answers (1)
ABC Corporation stock is being sold in a primary offering. The total offering is $10,000,000, of which $7,000,000 is allocated to the syndicate and $3,000,000 is allocated to the selling group. The public offering price is set at $10.00 per share.
Answers (1)
New Questions in Business
During the year, total liabilities increased $105,000 and stockholders' equity decreased $83,000. What is the amount of total assets at the end of the year?
Answers (1)
What is cosideration
Answers (1)
With the federal funds rate near zero and the economy still struggling, the Fed began buying 10-year Treasury notes and certain mortgage-backed securities to keep interest rates low. This policy is known as
Answers (1)
Sugar, Inc. sells $529,300 of goods during the year that have a cost of $428,600. Inventory was $30,083 at the beginning of the year and $34,338 at the end of the year.
Answers (2)
Assume that Jack and Hal and Sophia enter into a contract for the sale of the restaurant. Hal and Sophia, for their own protection, put a clause in the contract that says the sale is contingent upon an independent appraisal indicating that the
Answers (2)
Home » Business » Bryan tells his friend jane, "i don't think it's fair that you don't have a cell phone and the rest of our friends do. in consideration of that unfairness, i will pay you $400 for you to buy a new automobile. this contract is:
Sign Up Forgot Password?