Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Marsha promises to give Dawn $100,000 for her birthday as a gift. Dawn, a college student, gives $75,000 to her favorite charity on credit, expecting

Marsha promises to give Dawn $100,000 for her birthday as a gift. Dawn, a college student, gives $75,000 to her favorite charity on credit, expecting to pay the loss down with the birthday money. The birthday rolls around and Marsha gives Dawn $1,000 instead. Marsha explains that she decided $100,000 was one hundred times too much for a birthday present. Dawn sues Marsha for breaking the promise, and wins, How much should Marsha pay in damages?

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

Essentials of Business Law and the Legal Environment

Authors: Richard A. Mann, Barry S. Roberts

9th edition

324303957, 324303955, 978-0324303957

More Books

Students also viewed these Law questions

Question

2. The purpose of the acquisition of the information.

Answered: 1 week ago

Question

1. What is the meaning of the information we are collecting?

Answered: 1 week ago