Question
11. A guitarist wanted to purchase the new electric guitar in a music store owned by a retired rock star, but had only half of
11. A guitarist wanted to purchase the new electric guitar in a music store owned by a retired rock star, but had only half of the $1,500 price. The guitarist offered to give the rock star $750 down and to pay the rest before one year had elapsed, but the rock star was unsure that the guitarist would be able to earn money playing gigs as the guitarist claimed. The guitarist called his uncle, and asked the uncle to supply the additional $750. The uncle immediately telephoned the rockstar and said to the rock star, Sell the guitar to the guitarist on his terms, and if he hasnt paid you the additional $750 one year from today, I will pay it to you. The rock star agreed, and on that basis sold the guitar to the guitarist. A year passed, and the rock star never heard from the guitarist nor received the $750 owing on the guitar. The rock star demanded that the uncle pay the $750, but the uncle refused. The rock star then brought an action against the uncle for the money due. If the uncle wins, it will be because: A. The oral promise to pay the rock star if the guitarist defaulted could not be performed less than a year from the date the uncle made the promise. B. The sole purpose of the uncles oral promise to pay the rock star if the guitarist defaulted was to provide pleasure and happiness to the guitarist. C. The oral promise to pay the rock star if the guitarist defaulted was not supported by consideration. D. The time for performance of the guitarists promise to pay was not sufficiently certain.
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