You offer to take your friend to Kansas City for a weekend celebration for her b
ID: 3468500 • Letter: Y
Question
You offer to take your friend to Kansas City for a weekend celebration for her birthday. She accepts and tells you she will be ready on Friday at 5:00 pm. On Thursday, you realize that you didn't get the weekend off from work and so you cannot take her to Kansas City. Are you legally obligated to take your friend to Kansas City? Why or why not?
Yes, you are legally obligated because you have a legal, binding contract.
B. No, you are not legally obligated because of Pre-existing Duty.
No, you are not legally obligated because of Illusory Promise.
No, you are not legally obligated because of Past Consideration.
No, you are not legally obligated because she didn't offer any consideration for your agreement.
QUESTION 2
Malia tells Juan that the car she is offering to sell to him is in good shape and reliable. Juan purchases the car and three days later the engine blows up. Juan ...
A. Cannot void the contract based on misrepresentation because Malia's statements were opinion
B. Can void the contract because the car was clearly not in good condition nor reliable
C. Can void the contract because Malia engaged in negligent misrepresentation
D. Can void the contract because Malia engaged in fraudulent misrepresentation
Cannot void the contract because more than 24 hours have passed since the contract was completed
QUESTION 3
Even though he lacks legal capacity, a minor may be legally obligated on a contract for
Necessities, such as food, medicine, shelter, or clothing
Any obligation that can be completed in less than 10 days
Any purchase under $500 in value
College tuition
Modes of transportation such as a bicycle, motorcycle, or car
QUESTION 4
You work a part-time job as a lifeguard and you are paid $20 per hour. One day a child is struggling in the deep end of the pool and his mother says to you, "If you save my son, I will pay you $100 cash right now! Please hurry!" You say to her, "I accept your offer. It is a deal." You jump in and save her son and return to ask her for the money. She doesn't legally owe you the money on the legal basis of ...
Past consideration
Pre-existing duty
Illusory promise
Insufficient consideration
Actually, she does legally owe you the money
QUESTION 5
As a favor, you help your friend study for her statistics exam. After she makes an A on the exam, she tells you, "I am so grateful, I will pay you $50 for your help when I get my paycheck next week!" When she gets her paycheck, you ask her about the money. She tells you that she has some unexpected expenses and that she doesn't legally owe you the $50 anyway, so she isn't going to pay you. Is she right? If so, on what legal basis?
A. Yes, she is right. The legal basis is Illusory Promise.
B. No, she is not right. Your act of helping her to study is valid consideration.
No, she is not right. The legal basis is because you have a valid, enforceable contract.
Yes, she is right. The legal basis is Past Consideration.
E. Yes, she is right. The legal basis is that the agreement wasn't placed in writing.
A.Yes, you are legally obligated because you have a legal, binding contract.
B. No, you are not legally obligated because of Pre-existing Duty.
C.No, you are not legally obligated because of Illusory Promise.
D.No, you are not legally obligated because of Past Consideration.
E.No, you are not legally obligated because she didn't offer any consideration for your agreement.
Explanation / Answer
Ans : E) No , you are not legally obligated , because she didn't offer any consideration for your agreement.
A valid legal contract majorly contains four elements : offer , acceptance , intention and consideration.
Since here no consideration was involved in the form of money , and neither any attempt was made to make the contract legal by writing it down , she is not legally obligated to take her friend to the Kansas city.
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