Mr.Buyer,the plaintiff in the action,was attempting to enforce a contract in which the defendant,Mr.Seller agreed to sell to buyer his property,Blackacre,for $100 000.Which of the following,by itself,would be sufficient to allow Mr.Seller to get out of the contract?
A) The $100 000 was not enough, not fair.
B) At the time of the contract, unknown to Mr. Buyer, Mr. Seller did not understand the quality and nature of this act because of mental incapacity.
C) Although there was a letter from Mr. Seller referring to its essential terms , the contract itself was not in writing.
D) Although both parties agreed to this, there had not actually been any money paid on the contract, not even a deposit or a down payment.
E) The parties clearly stated that they did not want the agreement to be legally binding.
Correct Answer:
Verified
Q9: Given the provisions of the Statute of
Q38: A woman forged her husband's signature on
Q51: Which one of the following is required
Q51: When there is a(n) _ (a right
Q54: In Transport North American Express Inc.v.New Solutions
Q55: The case of Canadian Imperial Bank of
Q58: In the classic case of Carlill v.
Q58: Which of the following best describes an
Q59: In which of the following situations would
Q60: Zlotnik incorporated a company shortly after graduation.The
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