Asked by
Seanicia Hudson
on Nov 27, 2024Verified
Lew tells a representative of Music Inc. that he will pay for Nora's trumpet if she does not. Lew does not secure any personal benefit for this promise. This promise is enforceable as a contract
A) any of the choices.
B) only if Nora agrees to it.
C) only if the value of the trumpet is more than $500.
D) only if it is in writing.
Personal Benefit
An advantage or profit gained from a situation or action that directly affects an individual on a personal level.
Trumpet
A brass wind instrument with a flared bell and bright, penetrating tone, often used in classical and jazz music.
Writing
The act, process, or practice of recording thoughts, ideas, or information by inscribing symbols or characters on a surface.
- Recognize the essential role of written accords in enforceable deals as dictated by the Statute of Frauds.
- Attain familiarity with the fundamental rationale behind the "main purpose" rule in guarantee contracts and its impact on the enforcement of such contracts.
Verified Answer
JA
Learning Objectives
- Recognize the essential role of written accords in enforceable deals as dictated by the Statute of Frauds.
- Attain familiarity with the fundamental rationale behind the "main purpose" rule in guarantee contracts and its impact on the enforcement of such contracts.