Asked by Ysobelle Eustaquio on Apr 29, 2024
Verified
Rebecca sees a pair of beautiful silver shoes in a store window. She goes in and tells the shopkeeper, "If I am asked to the prom, I will buy those shoes. Please hold them for me." If the shopkeeper signs a note that says, "Will hold for Rebecca silver shoes, style 1028, size 8," will he have to honor that promise?
A) Yes, and there is a condition precedent to the contract of sale.
B) Yes, there is a contract with a condition subsequent.
C) No, there is no contract but simply an illusory promise.
D) No, a contract is formed after Rebecca is asked to the prom.
Condition Precedent
A condition or event that must occur before a contract or a specific provision within a contract becomes effective or enforceable.
Illusory Promise
A statement or promise that is misleading or lacks the necessary intent to be legally enforceable.
- Understand the function of conditions precedent and subsequent in defining the duties of parties within a contract.
Verified Answer
ZK
Zybrea KnightMay 04, 2024
Final Answer :
A
Explanation :
The shopkeeper's promise to hold the shoes for Rebecca is contingent upon a specific event happening (Rebecca being asked to the prom), which makes it a condition precedent to the formation of a contract of sale.
Learning Objectives
- Understand the function of conditions precedent and subsequent in defining the duties of parties within a contract.
Related questions
Which of the Following Is a Contract with a Condition ...
If Grant Promises to Sell His Regular Season Football Tickets ...
The Effect of a Condition Precedent Is That the Contract ...
The Provision That the Seller Will Release Jacob Unless He ...
The Responsibility of Jacob to Make Arrangements to Give the ...