Question: please answer the following two questions regarding consideration. 1. Alice promises to give her neighbor a blueberry bush; the neighbor says, Thank you! Subsequently, Alice

please answer the following two questions regarding consideration.

1. Alice promises to give her neighbor a blueberry bush; the neighbor says, Thank you! Subsequently, Alice changes her mind. Is she bound by her promise?

2. Identify the exchange of consideration in this example: A to B,I will pay you $800 if you paint my garage. B to A,Okay, Ill paint your garage for $800. What consideration is A offering and what consideration is B offering?

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 Accounting Questions!

Your company wants to produce a baby stroller with a snap-fit cap as in the attached picture to retain the wheels. The desired material is ABS with a flex modulus of 2280 MPa. The cap is 60 mm in...

Alice promises to give her neighbor a blueberry bush; the neighbor says, "Thank you!" Subsequently, Alice changes her mind. Is she legally bound by her promise? a . Yes, there is an offer, with...

11.1 What are the two types of duress? 11.2 Distinguish between fraudulent misrepresentation and nonfraudulent misrepresentation, between fraud in the execution and fraud in the inducement, and...

Chapter 10 from Business Law and the Legal Environment was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested...

7 Writing in the Workplace If writing must be a precise form of communication, it should be treated like a precision instrument. It should be sharpened, and it should not be used carelessly. Theodore...

Please help me to answer the following file ............................................................................................... INVESTMENT AND PORTFOLIO MANAGEMENT COURSE ASSESSMENT 1...

Please help me to answer the attached files ................................... INVESTMENT AND PORTFOLIO MANAGEMENT COURSE ASSESSMENT 1 Submission deadline without penalties is 12 October 2017....

Unit1 1) The court's decision in Brown v. Board of Education had what effect on the decision made in Plessy v. Ferguson? a. It showed that precedent can be overruled and is not binding in every...

Administrative Law 5 A dministrative law governs and defines the powers of government agencies. A number of political and technological factors have led to an explosion in the growth of government...

Read Chapters 1,2,4,7 and Write a 800 - 1000 word Reflection Paper Grading : ?Thoughtfulness?Reactions,personal experiences,criticisms, etc. ?Application to your futureprofessional(and personal)life...

Rev.Confirming Pages C H A P T E R 7 Planning, Composing, and Revising Chapter Outline The Ways Good Writers Write Activities in the Composing Process Using Your Time Effectively Brainstorming,...

Consider the alternative of increasing the value delivered by existing rental personnel. The text suggests possibly renting more kinds of equipment or selling items of use to guests who are renting...

The 1996 GSS asked, How many days in the past seven days have you felt happy? (This was the most recent year this question was posed.) a. Using the GSS variable HAPFEEL, verify that the sample had a...

Asset management ratios: a . include the quick ratio, times interest earned, and return on equity. b . are used to measure how well the company uses its assets to generate sales. c . are used to...

Find the radius of gyration of a plate covering the region bounded by x=3, x=5, y=0, and y=4 with respect to the y-axis.

You have several items to compare differences in quantities. What type of graph would you prepare? Why? (Objective 4)

What are three ways that visual aids complement your business reports? (Objective 1)

Construct a graph that shows Student Housing at Be Smart University for 2007. This graph is for an oral presentation and will not need a figure number but will need a title. Follow traditional style...