Multiple Choice
Aria asks Jessica if she can borrow an outfit for an office party and Jessica agrees.When Aria picks an outfit,Jessica refuses to give it to her.Which of the following statements is true of this situation?
A) Jessica has committed a breach of contract.
B) A bargained-for exchange has not occurred, so Jessica does not have to loan the outfit to Aria.
C) Jessica has promised Aria something of value, so she must loan her the outfit.
D) The contract between Aria and Jessica is terminated as Aria makes a counteroffer.
E) Jessica has given a valid consideration, thereby making the agreement between her and Aria a binding contract.
Correct Answer:

Verified
Correct Answer:
Verified
Q72: Tony's Carpets Inc.wants to charge $9.80 a
Q73: Zainab wants to sell her house to
Q74: Cecilia and Ellen meet with an accident
Q75: Brett offers to sell his old but
Q76: Ivan places an oral order for 30
Q78: A minor can disaffirm a contract and
Q79: A(n)_ is one when parties have not
Q80: The mirror image rule is the same
Q81: Which of the following terms refers to
Q82: Miguel offers to sell Nisha 100 laptops