Otto approaches Edie and says,"If you pick up my new suit for me at the mall tomorrow,I'll pay you $20." Edie replies,"I don't know if I'll have time to get it,but I'll see if I get a chance." As a result of this conversation,which of the following is true?

Question

Quizplus · Accepted Answer

A contract will be formed only if Edie picks up the suit. This is because Edie did not promise to pick up the suit or obligate herself to do so. Therefore, there was no consideration from Edie at the time of the agreement. If Edie decides not to pick up the suit, there will be no contract and Otto cannot enforce payment of the $20.

Otto Approaches Edie and Says,"If You Pick Up My New