Manuela's grandfather promised to loan her $3000 to help her to finish year 12.She promised to repay him six months after she commenced paid work.Although Manuella has been working for two years she has never attempted to repay her grandfather.If he sues Manuela,which statement indicates the most likely legal result? Ignore the issue of legal intention.
A) Manuela's grandfather would not succeed because a moral obligation does not provide good consideration.
B) Manuela's grandfather would not succeed because Manuela's consideration is past consideration.
C) Manuela's grandfather would succeed and Manuela would have to repay the money because the consideration is not vague.
D) Manuela's grandfather would succeed because Manuela's consideration is future consideration.
Correct Answer:
Verified
Q3: Which of the following statements is not
Q4: The rule in Foakes v Beer states
Q5: The legal effect of promissory estoppel is:
A)a
Q6: You signed a one- year contract to
Q7: Which of the following statements is/are accurate
Q9: Part payment of a debt may provide
Q10: The case of Roscorla v Thomas involved
Q11: Bill sold a lawnmower to Brodie for
Q12: Executory consideration is also known as:
A)present consideration.
B)future
Q13: Which of the following cases supports the
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