Asked by
Jesikah Wilson
on Dec 16, 2024Verified
In contract cases, the court generally
A) does not look to see if the bargain is fair.
B) attempts to punish the party in breach of the contract by imposing a sentence.
C) will rewrite an agreement for the parties if their existing agreement did not include all the essential terms.
D) will enforce all promises.
E) will require the recipient of a service to pay a reasonable price where it is determined that the agreed-upon price was too low.
Fair Bargain
An agreement between parties that is equitable and just, where each party receives a benefit in exchange for what is given.
Enforce Promises
The legal ability to ensure that agreements or commitments are carried out, often through contract law.
Adequacy Of Consideration
Evaluation of whether the value exchanged in a contract is fair and sufficient, although the law often requires only some value to be exchanged.
- Recognize and comprehend the legal prerequisites for an enforceable agreement.
Verified Answer
RM
Learning Objectives
- Recognize and comprehend the legal prerequisites for an enforceable agreement.