Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

On Monday, Neil tells Outdoor Landscaping, Inc., that he will pay Outdoor $ 5 0 0 if a variety of tasks are completed by Friday.

On Monday, Neil tells Outdoor Landscaping, Inc., that he will pay Outdoor $500 if a variety of tasks are completed by Friday. On Wednesday, when Outdoor is more than half done with the work, Neil says that he has changed his mind. Under the present-day view, these parties had
a. a quasi contract when Neil said that he would pay for certain work.
b. no contract.
c. an expired contract when Neil said that he had changed his mind.
d. a unilateral contract as soon as Outdoor began to perform.

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

Financial Accounting And Reporting

Authors: Mr Barry Elliott, Jamie Elliott

10th Edition

0273703641, 978-0273703648

More Books

Students also viewed these Accounting questions