Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Jim offers his girifriend, Tammy, $500,000 to marry him. Tammy thinks about it and says that she would noc agree to marry him unless he

image text in transcribed
Jim offers his girifriend, Tammy, $500,000 to marry him. Tammy thinks about it and says that she would noc agree to marry him unless he paid her 51,000,000. Iin says he is unable to pay her $1,000,000. Tammy reconsiders and tells Jim that she will accept the $500,000 to marry him. Does a valid contract exist? A. Yes. Tamitry accepted jimis offer to marry. B. No. Tammy rejected lim's offer. c. Yes. Because the contract is unconscionable D. No. Marriage is not valid consideration for a contract Beses Selection

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

Numerical Methods In Finance

Authors: René Carmona, Pierre Del Moral, Peng Hu, Nadia Oudjane

2012th Edition

3642257453, 978-3642257452

More Books

Students also viewed these Finance questions

Question

Describe three other types of visual aids.

Answered: 1 week ago