Asked by
Rezan Yusuf
on Nov 23, 2024Verified
A met B while shopping, and in the course of conversation, mentioned that he had a motorcycle for sale. B was familiar with A's motorcycle and offered to purchase it for $500. A accepted the offer and A and B walked to A's home to get the motorcycle. When they reached A's house, they were told by A's father that the motorcycle had been stolen earlier in the day and was subsequently found by the police in a badly damaged and burned condition in a local stone quarry. A and B made a valid contract, and A must deliver to B the motorcycle in the condition that it was in before it was stolen.
Valid Contract
An agreement between two parties that is recognized by law and is enforceable by the legal system.
- Familiarize oneself with the concept of inaccuracies in contract law and their repercussions on contract validity.
Verified Answer
TW
Learning Objectives
- Familiarize oneself with the concept of inaccuracies in contract law and their repercussions on contract validity.