Which of the following agreements is not supported by consideration?
A) Barney's wife, Tina, tells him that she wants a divorce. In order to prevent her from winning a substantial award in the separation, he agrees with Fred, his business partner, to sell his part of the business to him for £1.
B) Betty contracts with Albert to dig a swimming pool in her back yard for £12,000. After Albert has only excavated two feet, he discovers the ground is solid granite and the whole project will cost four times as much as planned. Albert proposes using the excavated site to build a fishpond for £2,000, which Betty agrees to.
C) Jane is selling her car. Howard offers to pay £3,000 in cash to Jane and to make payment within a week, which Jane agrees to. However, Howard then receives an unexpected bill for roof repairs and so cannot afford to pay for the car immediately. He offers to pay £2,000 'take it or leave it', with payment by instalments over 3 months. Jane accepts.
And says that he will only be able to pay in 2 months
D) All of the above.
Correct Answer:
Verified
Q4: Yazoo Construction Co Ltd agrees with Zelda
Q5: Fred owes Amy £100 but has failed
Q6: Which of the following agreements is supported
Q7: Which of the following agreements is not
Q8: Which of the following agreements is supported
Q10: Consider the following two statements:
I.An unfair bargain
Q11: Allcast Co agrees to lease shop premises
Q12: Margaret is planning to open a pet
Q13: German Shipping has chartered a ship to
Q14: In which of the following cases is
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