Question: Question 3 ( 3 points ) Person A is expecting a delivery of five kilos of cocaine. They agree to sell one kilo to Person
Question points
Person A is expecting a delivery of five kilos of cocaine. They agree to sell one kilo to Person B for $ when it arrives. Person B accepts the terms and both sign the offer, with Person B giving Person A $ as an advance. When Person B comes to pick up his delivery, Person A claims the price has gone up to $ now. Person B claims you have a contract for $ therefore that is the price that should be paid and threatens to sue.
Do they have a valid contract? If not, what element of a valid contract was not met?
Offer
Acceptance
Consideration
Legality
Capacity
All elements were satisfied
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