« previous next »

Author Question: Under Restatement (Second) of Contracts 89, when can a contract be modified? A) before the ... (Read 24 times)

faduma

  • Hero Member
  • *****
  • Posts: 528
on: Aug 3, 2018
Under Restatement (Second) of Contracts 89, when can a contract be modified?
 
  A) before the contract's effective date
  B) when the contract is fully performed
  C) when unforeseeable changes in circumstances occur
  D) when the parties choose to do so

Question 2

Timothy sends an e-mail to Joe, offering to sell his RV for 25,000. Joe replies that he is willing to consider buying the RV, but he wants the chance to inspect it first. Two days later, Joe inspects the RV and sends Timothy an e-mail agreeing to purchase it for 25,000, and suggests that they meet the following Friday to complete the deal. Timothy replies by e-mail that the date is fine with him. The following day, Joe sends an e-mail stating, By the way, I'd like you to replace the front bumper on the RV, because I noticed it has a pretty bad dent. Is Joe's last e-mail a counteroffer or a modification?
 
  A) a modification, because a contract was formed as soon as Timothy agreed to the delivery date
  B) a counteroffer, because no additional consideration was offered for replacing the bumper
  C) a modification, because no additional consideration was offered for replacing the bumper
  D) a counteroffer, because the deal had not been finalized when the e-mail was sent


juliaf

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Aug 3, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Examples of modified aboveground roots. Examples of modified aboveground roots.
Modified Stems Modified Stems
Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent
Examples of four letter formats: (A) block style, (B) modified block style, (C) modified block style ... Examples of four letter formats: (A) block style, (B) modified block style, (C) modified block style ...
Modified Amino acids with unique properties Modified Amino acids with unique properties
5. Social contract theorists believe that the social contract is/was a historical fact. ... 5. Social contract theorists believe that the social contract is/was a historical fact. ...
Video: Causes of Angina

For a complete list of videos, visit our video library