Contracts
-Car Fixer Guys signed a one-year agreement to provide oil change services to Taxi Cab Guys for $20 per oil change. Two months into the term of the agreement, Car Fixer Guys realized that the price was too low and raised it to $32 per car. Under common law, is the price change enforceable?
A) Only if Car Fixer Guys provides additional consideration and Taxi Cab Guys agrees to the change.
B) Yes, because an agreement to provide $20 oil changes is unconscionable.
C) No. Once executed a contract cannot be modified.
D) Yes, because there was no meeting of the minds prior to the modification.
E) Only if Car Fixer Guys agrees to guarantee to purchase 20 oil changes per month.
Correct Answer:
Verified
Q27: Contracts
-McManus Enterprises entered into a 2-year employment
Q28: Contracts
-Which of the following is NOT a
Q29: Contracts
-Charlotte made a deal with Cindy to
Q30: Contracts
-Under what circumstances can third parties sue
Q31: Contracts
-Which of the following demonstrates the doctrine
Q33: Contracts
-Pamela owes Patricia $1200 for a motorcycle
Q34: Contracts
-Under common law, what would a court
Q35: Contracts
-What is a course of dealing?
A)A compilation
Q36: Contracts
-In interpreting the terms of an agreement
Q37: Contracts
-Jill's father, Joe, bought her a brand
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