Asked by Maria Mendoza on Jul 24, 2024
Verified
Ashburn had a big ranch in Georgia.One day,Pamela stated,"I'd like to buy your sheep for $50.They're so cute!" to which Ashburn immediately replied,"Sure.That's a deal!" This cannot be enforced as a contract due to lack of:
A) consideration.
B) definiteness.
C) communication to offeree.
D) present intent to contract.
Definiteness
The quality of being clear, precise, and well-defined in terms or conditions.
Consideration
The value, which can be in the form of goods, services, money, or a promise, exchanged between parties in a contract.
Present Intent
The current intention or determination of an individual to perform a particular act or to act in a particular manner.
- Learn the foundational aspects of contract establishment, involving the processes of offer, acceptance, and consideration.
Verified Answer
SB
Sonia BljscJul 28, 2024
Final Answer :
B
Explanation :
The lack of definiteness and specificity indicate a lack of intent in this case,and suggest that the parties may negotiate further on the deal.
Learning Objectives
- Learn the foundational aspects of contract establishment, involving the processes of offer, acceptance, and consideration.