chap 7 - contract. According to the text, to cancel a...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
In "CASE 7.2 Landmark And Classic Cases, Lucy v. Zehmer " on page 212, answer "What If The Facts Were Different?" According to the book, a contract must have a good faith offer and then a good faith acceptance of that offer, with the terms of consideration known by each party. Logically analyzing, it was a serious business transaction based on an enforceable business contract, and if the facts were different, the court probably would not had cancelled the
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: contract. According to the text, to cancel a contract due to intoxication, the person should be sufficiently intoxicated to lack mental capacity, which was not his case, and that is what Zehmer could argue, that Lucy was not drunk enough to have signed the contract as a mistake, instead, it was a good faith offer....
View Full Document

This note was uploaded on 02/25/2011 for the course BUS 331 taught by Professor Jeane during the Spring '11 term at Mt. Olive.

Ask a homework question - tutors are online