Lewis and Reggie enter into an oral agreement.Reggie agrees to sell Lewis $400 worth basketball equipment.Two days later,Lewis calls Reggie and orally requests $1,000 worth of basketball equipment instead of $400.Reggie agrees and attempts to deliver the $1,000 worth of basketball equipment to Lewis.Lewis refuses to accept the equipment and pay,so Reggie sues,who wins and why?
A) Reggie wins because an enforceable contract was created.
B) Reggie wins because the Statute of Frauds was satisfied by the original contract of $400.
C) Reggie wins because the contract became irrevocable when Reggie attempted to deliver the basketball equipment.
D) Lewis wins because Lewis did not provide additional consideration for the modification.
E) Lewis wins because the Statute of Frauds has not been satisfied.
Correct Answer:
Verified
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