Maria has just sat down and is ready to take her last final exam before graduating. Just before the tests are distributed, she discovers that all three pens that she brought are out of ink. She turns to Mike, a classmate, and asks to borrow a pen. Recognizing her predicament, he says, "No, I won't lend you a pen, but I'll sell you this Bic ballpoint pen for $100." Recognizing that she has no alternative, she gives him the money. A Bic pen is worth about 10 cents. Afterward she demands a return of her cash and offers to return the pen. Mike laughs and says, "No, a deal's a deal." How would the courts look at this "deal"?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q69: Your school is negotiating with another school
Q70: Tina's dog has run away.She places reward
Q70: Dick has made a statement that the
Q72: You arrive at your final exam for
Q73: Which of the following is not required
Q75: Which of the following statements may be
Q76: Wilma has a valid driver's license but
Q77: When a store places an advertisement in
Q78: What is the mailbox rule, and how
Q79: In which of the following situations will
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