Asked by Juliana Quintero on Apr 26, 2024
Verified
Cindy, a real estate agent, sells her friend Doug's house without charging a commission. In return, Doug promises to give Cindy $1,000. This promise is not an enforceable contract because
A) the house has already been sold-the consideration is past.
B) selling the house was the agent's preexisting duty.
C) selling the house was a foreseen difficulty.
D) the promise of a payment of $1,000 is illusory.
Preexisting Duty
An obligation that a party is already legally bound to perform, which cannot serve as consideration for a new contract.
Foreseen Difficulty
An anticipated challenge or problem that can be predicted based on current knowledge or trends.
- Learn about the concept of consideration and the criteria needed for a contract to be enforceable.
Verified Answer
CR
Cameron RobinsonApr 29, 2024
Final Answer :
A
Explanation :
The promise is not enforceable because the consideration (selling the house) is past. For a contract to be valid, the consideration must be present or future, not something that has already been completed.
Learning Objectives
- Learn about the concept of consideration and the criteria needed for a contract to be enforceable.