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Question 9 4 pts Brian offers Nina $1000 for her three-year-old laptop computer, which cost $1,500 when Nina purchased it. Ni

Question 12 2 pts Brookdale Investment Company offers to sell a certain mall to Shoppers, Inc., if it accepts before 10AM Mon

Question 14 2 pts Dave asserts that a contract he entered into with Isaac is unenforceable. Which of the following would prov

Question 15 2 pts A court adjudicates Mike mentally incompetent and appoints a guardian. Mike subsequently signs a contract t
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Answer #1

9.

Because Nina has already accepted Brian's offer, a contract has already taken place. There is a genuine consideration from both the parties that is $1,000 for a laptop computer. Therefore, if a dispute arises under the contract, a court will not question the adequacy of consideration.

12.

Since it is clearly specified that the offer must be accepted before 10 AM Monday, A contract will form if Shoppers Inc.'s acceptance is received before 10 AM Monday.

14.

The lack of a party's genuine assent would provide the strongest defence against to the enforcement of such a contract.

15.

Because a court has adjudicated Mike as mentally incompetent, the contract is void as a matter of law.

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