Mike's Bikes and Scooters buys its bicycles from the great bike designer Julie Bike Designs. Julie buys bicycle seats from Seats Are Us. Julie missed a payment to Seats Are Us. Mike orally offers to pay Seats Are Us if Julie misses another payment in exchange for Seats are Us agreeing to sell bike seats to Julie. Seats Are Us agrees, and then Julie misses another payment. Group of answer choices a) Seats Are US has a claim against Mike because secondary obligations do not have to be written. b) Seats Are Us has a claim against Mike because the "main purpose" of Mike's agreement was to benefit Mike. c) Seats Are Us does not have a claim against Mike because of economic duress. d) Seats Are Us does not have a claim against Mike because of the 1 year rule.
Ans. B. b) Seats Are Us has a claim against Mike because the "main purpose" of Mike's agreement was to benefit Mike. - This is because with respect to the , main purpose rule , the contract need not to be written and it is for the benefit of Mike , hence Seats Are Us has a claim against Mike.
Best of Luck. Keep Chegging.
Mike's Bikes and Scooters buys its bicycles from the great bike designer Julie Bike Designs. Julie...