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Smith and Roberson's Business Law 16th Edition by Richard Mann,Barry Roberts
Edition 16ISBN: 978-1285428253Smith and Roberson's Business Law 16th Edition by Richard Mann,Barry Roberts
Edition 16ISBN: 978-1285428253 Exercise 18
Discuss and explain whether there is valid consideration for each of the following promises:
a. A and B entered into a contract for the purchase and sale of goods. A subsequently promised to pay a higher price for the goods when B refused to deliver at the contract price?
b. A promised in writing to pay a debt, which was due from B to C, on C's agreement to extend the time of payment for one year.?
c. A orally promised to pay $150 to her son, B, solely in consideration of past services rendered to A by B, for which there had been no agreement or request to pay.?
a. A and B entered into a contract for the purchase and sale of goods. A subsequently promised to pay a higher price for the goods when B refused to deliver at the contract price?
b. A promised in writing to pay a debt, which was due from B to C, on C's agreement to extend the time of payment for one year.?
c. A orally promised to pay $150 to her son, B, solely in consideration of past services rendered to A by B, for which there had been no agreement or request to pay.?
Explanation
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In part (a) , Mrs. A and Mrs. B contract...
Smith and Roberson's Business Law 16th Edition by Richard Mann,Barry Roberts
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