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Ch 11 Video Assignment Video link https://abcnews.go.com/GMA/video/claires-boutique-extortion-plot-founders-allegedly-targeted-maids-18813017 Answer the questions below 1) Suppose that the allegations described in the video are true. If the parties

Ch 11 Video Assignment

Video link https://abcnews.go.com/GMA/video/claires-boutique-extortion-plot-founders-allegedly-targeted-maids-18813017

Answer the questions below

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1) Suppose that the allegations described in the video are true. If the parties agreed that Brown would return the Schaefers' private correspondence to the Schaefers in return for a $3 million payment to Brown, would such an agreement be legally enforceable? no, because Brown made an illegal demand on the Schaefers yes, because a unilateral contract would exist between the parties yes, because a bilateral contract would exist between the parties no, because forbearance cannot constitute consideration no, because a promise cannot constitute consideration 2) The offer by the daughter of the maid in the video is based on her unlawful conduct of extortion. Contracts based on illegal consideration are voidable at the election of the promisor bilateral unilateral void voidable at the election of the promisee 3) In the Video, there is no lawful which would run between the parties to form a binding contract. According to the textbook, must be given before a contract can exist. an act for bearance consideration money a promise 4) According to the textbook, consideration consists of two elements: . In the video, neither element is present in the negotiation between the Schaefers and Brown. executory promise and executory act executed promise and executed act unilateral promise and bilateral promise legal value and bargained-for exchange Illusory value and unilateral exchange 5) According to the text and video, is a threat made to overcome a person's free will. extortion negligent infliction of emotional distress intentional infliction of emotional distress false imprisonment embezzlement

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