Question
Please answer the below multiple choice question. This is for a Business Law course. Prince offered to sell a few records to Neyo the sum
Please answer the below multiple choice question. This is for a Business Law course.
Prince offered to sell a few records to Neyo the sum of $550,000. Neyo was extremely excited because Prince was his idol. He was going to renovate a room in his house to listen to his new Prince records. However, by the time the paperwork was complete, Prince died prior to the transaction. Can this contract be terminated? (4 points)
a. Yes, because Prince died prior to acceptance.
b. No, because the contract was valid at one time.
c. Yes, because there was not an exchange of money yet.
d. No, the next of kin must uphold the contract.
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