Question
10.Dean Yim-Yu Wong of S.F.S.U.'s School of Business hires the world's most famous InternationalDance Troupe The End of the Alphabet Dancers,(BUS 320Survivors Di Wang ,
10.Dean Yim-Yu Wong of S.F.S.U.'s School of Business hires the world's most famous InternationalDance Troupe "The End of the Alphabet Dancers,"(BUS 320Survivors DiWang, FionaXie, DavidYee, and DiZhang) choreographed by illustrious B-Law Survivor Jackie "Stanky Leg" Chang, to teach her Business Law faculty the latest Global hip-hop dances."The End of the Alphabet Dancers" quoted Dean Wong a price of $6,000 per faculty member for the dance instruction.After 20 minutes of lessons, the troupe discovered that the faculty has absolutely no rhythm and incredibly, they each have two left feet! To teach this overwhelmingly old and "rhythmatically challenged" group would take substantially more time and cost more money.The troupe say they will continue, but only if Dean Wong pays them $2,000 for each extra left foot. Dean Wong agrees.If Dean Wong's promise to pay an increased amount is enforceable it is because:
a.This is a valid settlement of a liquidated debt.
b. This is a preexisting duty.
c.This is a Uniform Commercial Code modification.
d. This is an unforeseen circumstance.
e.This is a novation.
ANSWER:__________
11.BUS 320 Survivor Hector "The Joker" Franco offers to sell his prized purple and primer grey 1983 primer grey Dodge Comet automobile with 275,778 miles on the odometer to Cen Cheng. Hector says to Cen, "I'll sell you my car for $47.83. It's actually worth a little more than that because I've changed the oil every 200,000 miles and it has 3 gallons of gas in the tank." Cen says, "I'll take it," and they sign a short agreement to that effect. Cen didn't know this, but Hector, still the joker, was kidding when he made the offer. There will be a contract if:
a.$47.83 is the approximate fair value of the car.
b. If a reasonable person (your Dumb Cousin) would have concluded that Hector was serious when
making the offer.
c. Hector failed to disaffirm the contract within a reasonable time after the offer was accepted.
d. The written agreement spells out all provisions of the contract.
e. B and C
ANSWER:__________
21.BUS 320 Survivor Ms. Elaine Taylor owned a farm.Disgusted with all the foul by-products of farming, Elaine and U.C. Santa Clara graduate, Frank Lee Gullible, negotiated for the sale of Elaine's 100-acre Sutter County, California farm.On July 3, 2020, the day after excelling on her second BUS 320 midterm, Elaine orally agreed with Mr. Gullible on a price of $100,000, one-half in cash payable at closing and the remainder 90 days later.Two days later on July 4th, Elaine sells the farm to someone twice as oblivious as Mr. Gullible, my really Dumb Cousin, for $200,000.On July 8th, Mr. Gullible sends Elaine a letter in which all the terms are included and is signed by Mr. Gullible.Elaine never responds.When the closing date arrives, Elaine tells Mr. Gullible that she sold the property to my Dumb Cousin.Frank Lee Gullible sues.A court would likely find that:
a. This contract is enforceable because Frank Lee Gullible had partly performed the contract by
sending the letter to the Seller, Elaine.
b. Elaine is a real slick operator and Mr. Gullible should have taken BUS 320 at SFSU because this
contract is unenforceable, there is no writing signed by Elaine and my really Dumb Cousin now owns a farm.
c. This contract is unenforceable because the mirror image rule applies.
d. The contract is enforceable under theres ipsa loquitordoctrine.
ANSWER:__________
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started