This topic contains a solution. Click here to go to the answer

Author Question: Bilateral contracts exist when both parties make a ________. Fill in the blank(s) with correct ... (Read 157 times)

123654777

  • Hero Member
  • *****
  • Posts: 585
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?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

iman

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

promise

Answer to Question 2

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




123654777

  • Member
  • Posts: 585
Reply 2 on: Aug 3, 2018
YES! Correct, THANKS for helping me on my review


ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

For a complete list of videos, visit our video library