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
The higher the firm's flotation cost for new common equity, the more likely the firm is to use preferred stock, which has no flotation cost, and reinvested earnings, whose cost is the average return on the assets that are acquired. A. True B. False
Answers (1)
What is the most likely effect of reducing costly regulations on the supply curve for a good?
Answers (1)
Crane Co. incurred research and development costs in 2021 as follows: Materials used in research and development projects $ 945000 Equipment acquired that will have alternate future uses in future research and development projects 2950000
Answers (1)
If the value of land in an area is increasing 4 percent a year, how long will it take for property values to double? (Round your answer to 1 decimal place.)
Answers (1)
Corponeeds is an e-commerce company that sells office supplies. in an attempt to raise long-term funds, the company decides to issue bonds to lenders.
Answers (1)
New Questions in Business
Spencer Co. has a $350 petty cash fund. At the end of the first month the accumulated receipts represent $58 for delivery expenses, $187 for merchandise inventory, and $27 for miscellaneous expenses. The fund has a balance of $78.
Answers (2)
Pita Pal sells fast-food franchises. Pita Pal receives $83,000 from a new franchisee for providing initial training, equipment, and furnishings that together have a stand-alone selling price of $83,000.
Answers (1)
The accounts receivable credit column of the cash receipts journal is A. posted by individual amounts only at the end of the month. B. not posted. C. posted in summary only at the end of the month. D.
Answers (1)
Country A has a population of 1,000, of whom 800 work 8 hours a day to make 128,000 final goods. Country B has a population of 2,000, of whom 1,800 work 6 hours a day to make 270,000 final goods. a.
Answers (1)
Thirty-two new employees from Market Enterprises are attending orientation, receiving information about company policies, and filling out various forms. These employees comprise a group. 1. True2. False
Answers (1)
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?