Asked by Veronika Khvan on Jul 04, 2024
Verified
Hugh recently purchased a motorcycle for $3,000 but has had extensive problems starting the motor. In disgust at not being able to start the motor, Hugh shouts to his friends, "Any of you want to buy this thing for $20?" A contract will be formed if a friend gives Hugh a twenty-dollar bill.
Extensive Problems
Extensive problems refer to a wide range or significant number of issues that are often complex and require considerable effort to resolve.
Disgust
A strong feeling of aversion or repulsion, often in response to something perceived as unpleasant or offensive.
- Explore the intricacies of offer, acceptance, and agreement across several contract frameworks.
Verified Answer
KB
Kassi BrightJul 07, 2024
Final Answer :
False
Explanation :
Hugh's statement is likely to be considered a mere expression of frustration or a joke rather than a serious offer that could form the basis of a contract. For a contract to be valid, there must be a clear offer, acceptance, and consideration, all of which must be made with the intention to create a legal obligation.
Learning Objectives
- Explore the intricacies of offer, acceptance, and agreement across several contract frameworks.
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