Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

People enter into agreements, or make promises for promises every day. You have just reviewed the chapters about entering into contracts and the elements. The

image text in transcribed
image text in transcribed
People enter into agreements, or make promises for promises every day. You have just reviewed the chapters about entering into contracts and the elements. The goal is to create enforceable contracts. You have studied bilateral and unilateral contracts. Sometimes people make promises and the others side performs, then seeks payment. The Court has created theories to allow enforcement, such as promissory estoppel and quasi contract? Is this fair why or why not? (10 points) An example would be for the court to enforce the following promises: Chris promises Doreen $40,000 if she graduates from Eagle College. Doreen enrolls in Eagle, attends full-time for fouryears, and graduates. When Doreen asks Chris for $40,000, Chris says, \"I don't re- member promising you $40,000. But if there was a promise, it's not enforceable, because we didn't bargain for it. And even if there was a promise that would otherwise be enforceable, | revoke it now." Will this promise be enforced? What theory would the Court use to enforce this promise? Explain why you believe this theory would work or would not work?(10 points)

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

Text Cases And Materials On Criminal Law

Authors: Stuart Macdonald

2nd Edition

1292219920, 978-1292219929

More Books

Students also viewed these Law questions

Question

3. Im trying to point out what we need to do to make this happen

Answered: 1 week ago

Question

1. I try to create an image of the message

Answered: 1 week ago