Discuss whether either of the following contracts will be unenforceable on the ground that voluntary consent is
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(a) Simmons finds a stone in his pasture that he believes to be quartz. Jenson, who also believes that the stone is quartz, contracts to purchase it for $10. Just before delivery, the stone is discovered to be a diamond worth $1,000.
(b) Jacoby’s barn is burned to the ground. He accuses Goldman’s son of arson and threatens to have the prosecutor bring a criminal action unless Goldman agrees to pay him $5,000.Goldman agrees to pay.
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Business Law Text and Cases
ISBN: 978-0324655223
11th Edition
Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F
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