Jack walks into a bar.He is a little tipsy.The waitress pours him a pint of beer and he pays with all the money he has on him.He makes this statement to the waitress: "Sorry I can't tip you today,but you know what,I have this lottery ticket,and if I win,I'll split it with you." The waitress says,"No problem,Jack." Jack later makes a copy of the ticket for the waitress.The next day Jack receives a call from Stephanie,the waitress,who tells him that she checked the numbers and that he has won $1 million.Stephanie asks,"Our deal is on right?" Jack says,"What deal?" She says,"You promised to split the winning ticket with me." He says,"Really?" Which of the following is TRUE?
A) Jack will have to split the proceeds with Stephanie on a quantum meruit basis.
B) Stephanie can sue Jack for breach of contract if she does not get her share of the ticket.
C) Jack promised to split the winning ticket with Stephanie and she accepted,so a valid contract was created.
D) No contract arose because there was no intention on the part of Jack to enter into legal relations with Stephanie.
E) A contract did not arise because Jack's statement was not an offer.
Correct Answer:
Verified
Q2: A gratuitous promise differs from a contract
Q3: The principle of injurious reliance is
A)the loss
Q4: When Sav was a teenager,he was involved
Q5: The contractual requirement of consideration provides that
A)the
Q6: A,at the request of B,enters into a
Q8: James does some work for Jim.Jim refuses
Q9: The reasonable bystander test is
A)a test that
Q10: A promise by a creditor to accept
Q11: Jack and Jill are friends.Jack agrees to
Q12: The concept of estoppel is where
A)the court
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents