​ Vita asks Walter, a cobbler and shoe salesperson, to repair a pair of work boots. There is no discussion of a price, and Vita and Walter do not sign any documents. After the repair, Walter hands Vita a bill. With respect to Vita’s obligation to pay the bill, this is

Nonny agrees to buy a unique collection of Olympics memorabilia for $7,000 from Piper and sends $1,500 as a down payment. When Nonny sends Piper the rest of the price, she refuses to ship the collection. Given the unique nature of the item, Nonny should seek

All promises are legally enforceable.

Ordinarily, the remedy for a seller’s breach of a contract for a sale of real estate is specific performance. ​

Nogales Ceramics pays Omar $15,000 to propose an online marketing campaign. Two days later, Omar tells Nogales that he has accepted a job in Silicon Valley and cannot plan the campaign. As compensatory damages, Nogales can recover ​

Sid tells Andy he will give him his Rolex watch if Andy promises to do Sid’s chores for a month. Andy promises to do the chores. Sid and Andy have formed a

Bilbo signs a lease agreement for an apartment with Cato, who owns and manages the Deer Creek Apartments complex. These parties have formed

Garth owns two all-terrain vehicles (ATVs), worth $1,000 and $500, respectively. Helen agrees to buy “Garth’s ATV” for $750. Garth believes, in good faith, that he is selling the $500 ATV. Helen believes, in good faith, that she is buying the $1,000 ATV. In this situation

A provision in a contract specifying a certain amount to be paid in the event of a default or breach of contract is known as. ​

An executed contract is one that has been fully performed.​