Multiple Choice
Henry,who is already 25,promised in writing to give his buddy Jake $250 as a gift when he celebrated his 25th birthday.Jake thanked Henry and kept the written promise in his wallet.But when the date arrived,Henry decided not to make the payment.Jake was understandably disappointed and plans to sue Henry for breach of contract in order to require him to make good on his promise.But Jake's lawsuit is unlikely to be successful because of which of the following?
A) Jake didn't offer any consideration to Henry.
B) Jake was a minor at the time of the agreement.
C) Henry lacks the legal capacity to enter into a contract.
D) There was no mutual assent.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: What type of authority is based on
Q12: The sale of a good is a
Q13: Which of the following is true about
Q14: Tim Tuttle acts as a principal for
Q18: Back in 1998,Barb Ballister agreed to sell
Q24: When goods are shipped from the seller
Q26: Precedents are laws based on rulings by
Q36: A key duty of the agent in
Q44: The time period in which a lawsuit
Q52: What is suggested by a comparison of