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Author Question: Bilateral contracts exist when both parties make a ________. Fill in the blank(s) with correct ... (Read 165 times)

123654777

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on: Aug 3, 2018
Bilateral contracts exist when both parties make a ________.
 
  Fill in the blank(s) with correct word

Question 2

John agrees to sell Jim his college textbooks for 100. Then John discovers that he could have sold the books to a dealer for 300. Can John get out of the contract?
 
  What will be an ideal response?


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iman

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Reply #1 on: Aug 3, 2018
Answer to Question 1

promise

Answer to Question 2

No, because John considered the consideration adequate when he agreed to sell the textbooks.


123654777

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Reply 2 on: Aug 3, 2018
Thanks for the timely response, appreciate it

Kedrick2014

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Reply 3 on: Yesterday
Excellent

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