Multiple Choice
Because he was in love with her,Noriel promised to sell his car to Marina for $500 and Marina agreed to pay $500 for the car.At the time of that agreement,Marina stressed that the deal was purely commercial and made it clear that she did not share Noriel's hopes for an intimate relationship.Before the sale was performed,Noriel fell in love with another woman,Valerie.He therefore now refuses to transfer the car to Marina.The actual market value of the car is $7500.Which of the following statements is TRUE?
A) Marina cannot enforce Noriel's promise because her promise did not provide adequate consideration.
B) Marina cannot enforce Noriel's promise to transfer the car because that promise was only supported by past consideration-it was based on the fact that Noriel was previously in love with Marina.
C) Marina cannot enforce Noriel's promise because love and affection are not good consideration.
D) Marina can enforce Noriel's promise to transfer the car,but only if she pays the actual market value of the car.
E) Noriel and Marina exchanged consideration even though he has not transferred the car to her and she has not paid the money to him as they exchanged mutual promises.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Paradise Publishing Inc entered into a contract
Q3: Stacy hires Youssef to build her home.Youssef
Q4: Luke threatened to sue Leia for $50
Q5: Which of the following statements is TRUE?<br>A)Consideration
Q6: The doctrine of promissory estoppel operates only
Q7: As a result of her participation in
Q8: "Depending upon the circumstances,a promise to pay
Q9: Past consideration does not satisfy the requirement
Q11: Alpha Manufacturing enters into a carriage contract
Q14: Identify the circumstances in which an employee