Question 1
"One of the basic precepts in contract law is that any bargain struck must be fair to be enforceable." Explain the accuracy of this statement.
Question 2
Joe, a university student, parked his car near Harry's garage and went to attend classes. Harry had noticed that there was glass on the street when he came to work that morning and was not surprised when he saw that several of the students' cars parked in that location subsequently had flat tires. He went around to each of those cars when he had time during the day, fixed the tires, and put a bill on each vehicle charging $15 for the service. Joe had returned to his car during the day and had noticed the flat tire, and when he returned again that evening he was grateful that it had been fixed. He went over to the garage to thank Harry and told him that he would be happy to pay the $15, but he couldn't do it until next week. In fact, he failed to pay the money, and Harry sued him for breach of contract. Explain the likely outcome.
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