
Anderson's Business Law and the Legal Environment 22th Edition by David Twomey,Marianne Jennings
Edition 22ISBN: 978-1133587583
Anderson's Business Law and the Legal Environment 22th Edition by David Twomey,Marianne Jennings
Edition 22ISBN: 978-1133587583 Exercise 1
Kay, an art collector, promised Hammer, an art student, that if Hammer could obtain certain rare artifacts within two weeks, Kay would pay for Hammer's postgraduate education. At considerable effort and expense, Hammer obtained the specified artifacts within the two-week period. When Hammer requested payment, Kay refused. Kay claimed that there was no consideration for the promise. Hammer would prevail against Kay based on:
A) Unilateral contract
B) Unjust enrichment
C) Public policy
D) Quasi contract
A) Unilateral contract
B) Unjust enrichment
C) Public policy
D) Quasi contract
Explanation
Unjust enrichment occurs when an individ...
Anderson's Business Law and the Legal Environment 22th Edition by David Twomey,Marianne Jennings
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