Question: State yes or no, as to whether a Contract would exist in each scenario. Each question is worth 2 points each for a possible total
State yes or no, as to whether a Contract would exist in each scenario. Each question is worth 2 points each for a possible total of 20 points.
6. A drug dealer holds an individual at gunpoint and makes him sign over his property to him. Is there a valid contract? _________
7. John Doe and Jane Doe are getting married. John Doe states that he will not marry Jane Doe unless she agrees to sellallof her property and move to Oklahoma with him, Jane Doe verbally agrees to do this and the parties get married. Is there a valid contract? ___________
8. John Doe who does not have a lot of business sense invents a product that is worth millions. SleezySal who is a shady businessman knowing that John Doe does not make very wise business decisions, offers to purchase the exclusive ownership rights to John Does invention for $10,000.00 dollars, John Doe agrees. Is there a valid contract? ____________
9. A drug dealer enters into an agreement with an individual for the sale of drugs and other illegal contraband. Is there a valid contract? __________
10. A Landlord and Tenant enter into a written lease agreement. The Landlord sells his building and assigns his rights under the lease agreement to the new owner. Is there a valid contract? _________
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