Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Robert inherited lots of antique tools when his father died. Because Robert is not interested in woodworking, he decides to sell several of the tools.
Robert inherited lots of antique tools when his father died. Because Robert is not interested in woodworking, he decides to sell several of the tools. Robert agrees to sell an antique handheld wood planer to Geoffrey for $ After agreeing to the deal, Robert discovers that the planer is a preWWII Norris Jointer Planer worth over $ and refuses to sell the planer to Geoffrey. Can Geoffrey enforce the deal?
No Geoffrey cannot enforce the deal because the amount of consideration is insufficient.
Yes, Geoffrey can enforce the deal but only if Geoffrey was not aware of the true value of the planer.
No Geoffrey cannot enforce the deal because Robert was unaware of the true value of the planer.
Yes, Geoffrey can enforce the deal because the contract contained valid consideration.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started