Martin has agreed to sell his car to his son for $500.What is the legal effect of this promise?
A) The law presumes promises between family members are non-contractual.
B) The law presumes all promises between family members are gratuitous.
C) The family members' intention to contract must be subjectively tested.
D) The family members must understand the legal consequences of a promise.
Correct Answer:
Verified
Q16: Albert's mother signed a three-month listing agreement
Q17: What common distinguishing characteristic may be attributed
Q18: Arcand Industries has offered to sell a
Q19: What principle of law was established in
Q20: Mariam offered to sell her horse to
Q22: Abletree Equipment Supplies is closing its business
Q23: Which of the following is a requirement
Q24: Consideration must always flow from one party
Q25: What is the meaning of the statement
Q26: What is the legal effect of placing
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents