Darla offers to pay Edward $6,000 for Edward's car, provided that Darla receives that much from her uncle's estate, which is currently being probated. She expects to know for sure how much she will receive within a week or so. If Edward agrees:
a. there is an illusory contract, because Darla is not certain she will receive the money.
b. there is no consideration present in this example.
c. the consideration from Darla to Edward is the promise of $6,000 subject to a condition.
d. Two of these but not all three.
c
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Port Orleans Shipping markets different services to the tourism, defense, and trade segments. The firm designs separate offers for each segment based on their needs. This approach is called ________ marketing
A) concentrated B) differentiated C) individual D) mass E) local
Which of the following statements regarding aggregate planning is TRUE?
A) In a pure level strategy, production rates or work force levels are adjusted to match demand requirements over the planning horizon. B) A pure level strategy allows lower inventories when compared to pure chase and hybrid strategies. C) Mixed strategies in aggregate planning may utilize inventory, work force, and production rate changes over the planning horizon. D) Because service firms have no inventory, the chase strategy does not apply. E) A disadvantage of the option of changing inventory levels is that it forces abrupt production changes.