Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Humanities Legal Studies
New Topic  
pepperflake pepperflake
wrote...
Go to Answer
Posts: 639
Rep: 3 0
7 years ago
Celine offered Jenna $50 for a six carat diamond necklace. Jenna immediately agreed to sell it to Celine. However, after Jenna went home and looked at it again, she decided that the necklace was worth a lot more than $50. She told Celine she could not sell her the necklace for such a low price. In this scenario, did the parties have an enforceable contract?
A) yes, because all the elements of a valid contract are present
B) no, because the value of the consideration for the necklace is inadequate
C) no, because of the preexisting duty rule
D) no, because of the past consideration rule
Textbook 
The Legal Environment of Business

The Legal Environment of Business


Edition: 7th
Authors:
Read 200 times
1 Reply
Replies
Answer verified by a subject expert
eshreemeshreem
wrote...
#1
Top Poster
Posts: 642
Rep: 15 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1
Love is the only force capable of transforming an enemy into a friend.

Martin Luther King, Jr.

Related Topics

pepperflake Author
wrote...

7 years ago
Thanks for your help!!
decibul
wrote...

Yesterday
Smart ... Thanks!
sudenzia
wrote...

2 hours ago
This helped my grade so much Perfect
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1311 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 4430
  
 779
  
 250
Your Opinion
Which country would you like to visit for its food?
Votes: 204
Previous poll results: Where do you get your textbooks?