Which of the following is true regarding Beverly's claim that she subjectively believed the book was an appropriate edition and that an enforceable contract,therefore,existed?
A) She is correct because contract law is based upon a subjective theory of contracts.
B) She is correct because her genuinely held belief establishes that she did not commit fraud.
C) She is correct because agreements for the sale of goods are based on a subjective theory.
D) She is incorrect because her subjective belief would not be the basis for a determination of whether the contract would be enforced in this case and also because fraud is not necessary in order to find a breach of contract.
E) She is correct but only if Rick subjectively believed the same as she did.

Question

Quizplus · Accepted Answer

Contract law is based on an objective theory of contracts, which means we base the existence of a contract on the parties' outward manifestations of intent and we base its interpretation on how a reasonable person would interpret it.

Which of the Following Is True Regarding Beverly's Claim That