Multiple Choice
Mr. Buyer, the plaintiff in the action, was attempting to enforce a contract in which the defendant, Mr. Seller agreed to sell to buyer his property, Blackacre, for $100,000. Which of the following, by itself, would be sufficient to allow Mr. Seller to get out of the contract?
A) At the time of the contract, unknown to Mr. Buyer, Mr. Seller did not understand the quality and nature of this act because of mental incapacity.
B) Although there was a letter from Mr. Seller referring to its essential terms , the contract itself was not in writing.
C) The $100,000 was not enough, not fair.
D) The parties clearly stated that they did not want the agreement to be legally binding.
E) Although both parties agreed to this, there had not actually been any money paid on the contract, not even a deposit or a down payment.
Correct Answer:

Verified
Correct Answer:
Verified
Q44: "Contracts must be in writing to be
Q46: A provision in a contract for the
Q48: In his last year of high school,
Q49: Which of the following contracts is void?<br>A)
Q50: Given the provisions of the Statute of
Q52: Negotiations between Dave and Mary resulted in
Q55: Discuss,providing examples,situations in which an agreement would
Q86: When at war, what happens to contracts
Q110: Explain what is meant by "necessary."
Q123: Sam agreed to sell his house to