Question: Once a party agrees to do something under a contract, that party cannot change the terms without new consideration and expect the new terms to

Once a party agrees to do something under a contract, that party cannot change the terms without new consideration and expect the new terms to be enforceable. If they do there are a few remedies, those might be: Pay Less Pay More

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Law Questions!

Matching. This section is worth 20 total points. Each correct answer is worth 2 points. Correspond the letters to the best answer. Use each answer once. Valid B. Void C. Voidable D. Executed E....

A legal contract is a legally binding agreement between two or more parties, in which they commit to certain obligations or exchange goods or services. While the specific requirements for a contract...

Chapter 21 Summary Nature of Sales and Leases Definitions Goods movable personal property Sale transfer of title to goods from seller to buyer for a price Lease a transfer of right to possession and...

If you know the strengths of the people around you, then you can also know how to motivate those people. Pick five strengths from the document "Managing Strengths" and for each strength tell exactly...

1. Was VAAF contractually obligated to pay Chad for refraining from smoking? 2. Was there consideration to support its promise to pay $500? 3. Are there other facts you need to know to make that...

4) Parktown Realty Inc developed an upscale condominium complex. On October 1, Miranda Wine signed an offer to purchase one of the units. Part of that document said, "This offer is irrevocable by the...

Briefly discuss the three leading approaches to determining the disposition of a pre-embryo upon divorce, as discussed by the Connecticut Supreme Court in Bilbao v. Goodwin : (1) the contractual...

Please solve the mutiple-choice questions in the word doc. INTRODUCTION: Commercial Paper & Agency Commercial Paper Commercial paper (under the category of negotiable instruments) is a document...

ANALYSIS OF THE MOLVANIAN FARMOUT AGREEMENT Your client, Rockies Oil Co., has asked you to provide advice based on a Farmout Agreement (marked "Appendix A") and the following facts: Rockies Oil and...

On 1 January 2019, Happyland Bhd acquired 80% of Wonderland Bhd equity shares when the retained earnings of Wonderland Bhd stood at RM6 million. The agreed consideration was RM30 million cash and a...

As a former regional manager for Graphix International, Seth McClaren was promoted and transferred to the Philadelphia headquarters several years ago. A close friend, Josh Berry, manages the...

1 Why is it important to look at aggregate flow performance, as measured by average inventory, average flow time, and average throughput?

Assignment Title: Predicting Audit Fees: A Multivariate Analysis Objective: The objective of this assignment is to utilize various analysis techniques to predict audit fees based on various financial...