Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Time left 1:08:43 Question 21 Elias agreed to build a wooden barn for his neighbour, Peter, for the price of $60,000. Midway through the project,
Time left 1:08:43 Question 21 Elias agreed to build a wooden barn for his neighbour, Peter, for the price of $60,000. Midway through the project, Elias Not yet discovered that the cost of the beams had increased by $7000. He approached Peter asking if Peter would pay this answered additional fee. Peter replied that he would split the difference and pay only an additional $3500. Elias finished the project and Peter paid him $60,000. Which of the following statements correctly describes Elias's current legal Marked out of 1.00 position? Flag Select one: question O a. Elias cannot successfully sue for the outstanding $3500 because the promise to pay more was not reduced to writing. O b. Elias can successfully sue for the outstanding $3500 since Peter verbally agreed to pay that sum. O c. Elias cannot successfully sue for the outstanding $3500 since no new consideration was offered in exchange for the promise of additional cash. O d. Elias can successfully sue for the outstanding $3500 because he completed his end of the bargain. Question 22 A good legal offer is best demonstrated by: Not yet answered Select one: Marked out of O a. "I'll pay you something in exchange for a chocolate bar." 1.00 O b. "I'll give you $2 for that chocolate bar you are holding." Flag question O c. "I'll pay you $2 for a chocolate bar, the exact one to be determined later." O d. I'll pay you at least $2 for a chocolate bar, and even more if it tastes good
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