Question
Taylor Swift is scheduled to have a concert at FIU. FIU has agreed to pay Taylor Swift $100,000 to perform and she accepted. Steve, a
Taylor Swift is scheduled to have a concert at FIU. FIU has agreed to pay Taylor Swift $100,000 to perform and she accepted. Steve, a graduate student at the Engineering school who has not yet take the Business Law class, is so excited, he offers to pay Taylor Swift an addition $5,000 to perform at FIU. Taylor Swift finishes her concert and asks Steve to pay her. Which of the following statement is most accurate?
(a) Steve has no obligation to pay because Taylor Swift had a pre-existing obligation. (b) Taylor Swift is not entitled to get paid because FIUs payment is sufficient consideration. (c) Steve is obligated to pay because Taylor Swift had no pre-existing obligation to Steve. (d) Students at FIU cannot form a contract with singers until they have taken Business Law class.
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