A mutual exchange of detriment is called: A) contract formation. ...

[Mimi]

A mutual exchange of detriment is called:
 A) contract formation.
 B) illegality.
 C) voiding a contract.
 D) consideration.

Question 2

Gilda Steinforth is a partner in the law firm of Jones, Deloitte & Ernst. A wealthy couple has met with her and asked her to draw up a trust for a portion of their property. They gave Steinforth a check for 10,000 as a retainer fee and a check for 500,000 to begin the trust. Within two days after her meeting with the couple, Gilda and the checks are gone. The couple wishes to recover from Jones, Deloitte & Ernst. Which of the following statements is true?
 A) The couple may not recover since Jones, Deloitte & Ernst is not responsible for the intentional torts of its employees.
 B) The couple may not recover since Steinforth, as a lawyer, was an independent contractor and not a servant of the firm.
 C) The couple may not recover since Steinforth had no express or implied authority to receive the checks.
 D) None of the above

[angrybirds13579]

Answer to Question 1

D

Answer to Question 2

D

[Mimi]

TYSM

[skipfourms123]

Gracias!