Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

It is okay if you simply provide the answer. #1 Lori Loughlin promises to pay Felicity, her daughter, $45,000 if she obtains her degree at

It is okay if you simply provide the answer.

#1 Lori Loughlin promises to pay Felicity, her daughter, $45,000 if she obtains her degree at USC, where Felicity is currently in her third year. Felicity graduates. Lori is

Group of answer choices

required to pay, because Felicity obtained a degree from USC.

not required to pay, because the consideration is not adequate.

not required to pay, because obtaining a degree benefits Felicity.

not required to pay, because Felicity was already at USC.

#2 Michael J. Fox, a minor at the time, signs a contract with the head of Paramount Studios, a non-minor, to star in a movie about time travel.Right before filming is about to commence, Michael J. Fox decides he is no longer interested in the project and wants to star in a TV drama about a Midwestern family, breaching the contract with Paramount Studios.Paramount sues for damages,In response, Michael J. Fox can

Group of answer choices

avoid liability for damages but not disaffirm the contract.

disaffirm the contract but not avoid liability for damages.

disaffirm the contract and avoid liability for damages.

none of these choices.

neither disaffirm the contract nor avoid liability for damages.

required to pay, because Felicity has taken on debt to attend USC.

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

Essential Criminal Law

Authors: Matthew Lippman

3rd Edition

154435598X, 978-1544355986

More Books

Students also viewed these Law questions

Question

How do the effects of stress mimic the effects of illness?

Answered: 1 week ago

Question

What is the purpose of the staffing practice called Two-in-aBox?

Answered: 1 week ago

Question

What would you do?

Answered: 1 week ago