Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can you please provide an explanation to this question? If I verbally tell my 16 year-old son that I will give him $10,000, if he

can you please provide an explanation to this question?

image text in transcribed
If I verbally tell my 16 year-old son that I will give him $10,000, if he doesn't drink alcohol until he is 20 years-old. Decide on the best answer. a. This is not a legally enforceable contract, because it is $10,000. b. This is not a legally enforceable contract, because it is for more than a year in time. c. This is not a legally enforceable contract, because consideration is missing. d. band c e. All of these

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Equity And Trusts Text Cases And Materials

Authors: Paul S. Davies, Graham Virgo

3rd Edition

0198821832, 978-0198821830

More Books

Students also viewed these Law questions

Question

How is bank regulation linked to the conduct of monetary policy?

Answered: 1 week ago

Question

An improvement in the exchange of information in negotiations.

Answered: 1 week ago

Question

1. Effort is important.

Answered: 1 week ago