Question
Boris, a Russian mobster, enters into a contract with Universal Pictures to sell his life story for $7,000. Boris was under the impression that his
Boris, a Russian mobster, enters into a contract with Universal Pictures to sell his life story for $7,000. Boris was under the impression that his life story was worthless and figured no one else would offer him any money for it. Several years later, Universal Pictures puts out a movie entitled Boris Brighton Beach. The movie makes $5 million dollar the first week it opens in theaters. Boris sues Universal Pictures. He,
A. Wins, because this was a fair agreement
B. Wins, because paying Boris $7,000 for a movie that made $5M is not sufficient consideration
C. Loses, because this is a valid and enforceable agreement
D. Wins, because being in the mob is illegal
John, a good Samaritan, finds a dog and takes it to the local shelter. Few days later, the owner of the dog locates the dog in the shelter and retrieves it. As John is walking to school the following day he notices a posting that reads REWARD LOST DOG $1000 and is for the dog that John found and brought to the shelter. John calls the number on the posting and demands the reward. John:
A. Is entitled to the reward because he found the dog and took it the shelter
B. Is entitled to the reward because it would be unfair to withhold the reward from John
C. Is not entitled to the reward because he did not know it was being offered when he took the dog to the shelter.
D. None of the above
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