Business Law HW - 12-1Martin cant legally collect the...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 12-1Martin cant legally collect the additional $100 from Tabor if even Tabor agreed in writing to do so. This agreement is unenforceable because it is not supported by legally sufficient consideration. Martin already had Tabor under a preexisting contract to sell him the cabinets where even if inflation rates have changed gives Martin no right to charge Tabor more even if Tabor agreed too. Since Tabor was already bounded by a contract by Martin mean that the payments that he was told to pay at the beginning will be the total amount of money that he spends on these cabinets. Almost half of the cabinets were already received by Tabor, so Martin cant just break the contract by making Tabor paying more just because inflation has risen. The main point in this question is Preexisting duty, where Martin already gave Tabor a price under contract and thats all Martin can accept from Tabor for the cabinets. No extra money can be excepted even if Tabor does agree and Tabor doesnt have to be held responsible for any additional money because he was promised to pay five installments and that is what he should pay. 12-3The couple cant hold Daniels Dad responsible for the liability in contract for the $500 that he promised to pay them. This elderly couple just did a nice thing by helping take care of Daniel until Daniel was reunited with his father. The Dad was probably too over excited and promised to give this elderly couple $500, but when worse came to worse Daniel and his Dad argued and the Dad refused to pay nothing to the elderly couple. This question is an example of past the Dad refused to pay nothing to the elderly couple....
View Full Document

This note was uploaded on 04/01/2008 for the course BUS 227 taught by Professor Kent during the Spring '08 term at Finger Lakes Community College.

Page1 / 3

Business Law HW - 12-1Martin cant legally collect the...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online