Statutes often set forth rules specifying what may be included in contracts and what is prohibited. Which contracts may be contrary to statute and thus illegal?
Sports Bar and Tasty Tacos are adjacent businesses with adjo…
Sports Bar and Tasty Tacos are adjacent businesses with adjoining parking lots. Sports Bar offers Tasty a discount on purchases if the restaurant will not tow the cars of Sports Bar’s patrons who park in the restaurant’s lot. The discount is legally sufficient consideration
Logan advertises a reward for the return of his lost dog. Mi…
Logan advertises a reward for the return of his lost dog. Miguel does not learn of the reward but finds and returns the dog. With respect to Miguel, Logan’s ad is not an offer because it lacks the element of
Rasheed defends against a breach-of-contract suit by Student…
Rasheed defends against a breach-of-contract suit by Student Loan Corporation by claiming that their deal—a student loan—was unfair because the consideration for the contract was inadequate. With respect to Rasheed’s defense, the court will most likely rule in favor of the lender on the ground that
Kara enters into a contract to buy a thoroughbred from Ranch…
Kara enters into a contract to buy a thoroughbred from Rancho Mesa. Kara can disaffirm the contract
Olga decides to sell her ranch, Pine Valley, in a live aucti…
Olga decides to sell her ranch, Pine Valley, in a live auction. When the auctioneer puts the property up for bids, it will be a(n)
Fabien offers to sell his Graphic Signs LLC business to Hann…
Fabien offers to sell his Graphic Signs LLC business to Hanna for $100,000. Hanna replies, “The price is too high. I will buy it for $75,000.” Hanna has
Pablo, a minor, enters into a contract to buy two all-season…
Pablo, a minor, enters into a contract to buy two all-season passes from Chalet Ski Park. The contract will be made enforceable if Pablo
Contracts made by mentally incompetent persons can be
Contracts made by mentally incompetent persons can be
Fritz offers to buy a guitar owned by Holly for twice what s…
Fritz offers to buy a guitar owned by Holly for twice what she paid for it. She accepts and hands the guitar to Fritz. Holly’s delivery of the guitar is