Multiple Choice
Which of the following was the result on appeal in the Case Opener involving the alleged breach of an oral contract based on the plaintiff lawyer loaning a corporate client funds and the client later reneging on a promise,made in gratitude,to give the lawyer 3 percent of the company's stock?
A) That the promise to transfer the stock flowed from the loan transaction and was enforceable by the plaintiff.
B) That the promise was unenforceable because lawyers may not loan clients money.
C) That the promise was enforceable only if the total the plaintiff received in funds did not violate state usury laws involving maximum interest rates.
D) That the promise was not enforceable because it was a gift.
E) That the promise was enforceable as a gift.
Correct Answer:

Verified
Correct Answer:
Verified
Q23: Which of the following is true regarding
Q24: Tina,an experienced pool contractor,and Bruce agree on
Q25: Sam promises his uncle,Bob,that he will lose
Q27: Christen graduates from college,receives a job offer
Q28: In your opinion,should the law require that
Q29: Partial payment of a debt may or
Q30: In return for his oral promise to
Q31: Sam offers Betty his bicycle for $75.Which
Q63: Which of the following was the judge's
Q77: In a unilateral contract, the consideration for