Eddie gets his haircut from Lui at Hats Off Barbershop. Prices are listed on a sign Hats Off has posted on the wall. After his hair cut is finished, Eddie tells Lui he is not going to pay for his haircut because there wasn’t anything in writing and thus he has no legal obligation to pay. Is there a contract? If so, how would it be classified in terms of formation, performance, and enforce ability?

Answer rating: 100% (QA)

In the scenario described it is important to consider the elements necessary for the formation of a contract offer acceptance consideration and intent... View the full answer