Fact Pattern 10-1 (Questions 4-5 apply)
Dave's Hobby Town and Estelle's Yarn Shoppe are adjacent stores with adjoining parking lots.Dave offers Estelle a discount on purchases from Dave's store if Estelle will not tow the cars of Dave's customers who park in Estelle's lot.
-Refer to Fact Pattern 10-1.Dave's discount is legally sufficient consid?eration
A) because it is a promise of something of value.
B) only if Dave adds a cash rebate.
C) only if Estelle uses it.
D) under no circumstances.
Correct Answer:
Verified
Q2: Rescission is the substitution of one party
Q5: A covenant not to sue does not
Q9: The doctrine of promissory estoppel does not
Q11: Rescission is the remaking of a contract
Q12: An illusory promise is unenforceable.
Q18: A promise to pay for an act
Q29: Unforeseen difficulties that justify a demand for
Q33: A release is an agreement in which
Q37: An accord and satisfaction is a common
Q38: Fact Pattern 10-1 (Questions 4-5 apply)
Dave's Hobby
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