Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

worth 3 points Zack is looking to get a new car. Anna works at a car dealership. Anna offers to let Zack drive away with

image text in transcribed
worth 3 points Zack is looking to get a new car. Anna works at a car dealership. Anna offers to let Zack drive away with the new car for $200 per month. Zack orally agrees. Zack pays $200 and drives away in the car. Zack believes he has bought the car while Anna believes she has leased him the car. Is this a valid contract? Yes, because Anna got $200 and gave Zack a benefit in return (the car) No, because Anna and Zack did not have a common understanding of the terms of the agreement Yes, but only if Zack would have leased the car for the same monthly payment Yes, because the parties agreed on a price and Zack paid it O No, because the contract was not in writing 3 attempts remaining

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

Environmental Law And Policy

Authors: James Salzman, Barton Thompson Jr.

5th Edition

1683287908, 978-1683287902

More Books

Students also viewed these Law questions

Question

5. It is the needs of the individual that are important.

Answered: 1 week ago