If Sam agrees to sell to Thomas all of the tomatoes he wants at $25 a bushel, there is no contract because of a lack of consideration.

Name: If Sam agrees to sell to Thomas all of the tomatoes he wants at $25 a bushel, there is no contract because of a lack of consideration.
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Question

Quizplus · Accepted Answer

Consideration requires a mutual exchange of value. If the quantity is not specified, Sam's promise is illusory, as Thomas could demand any amount, making the agreement unenforceable.

If Sam Agrees to Sell to Thomas All of the Tomatoes