Contract Questions

Abel quickly agrees pulls out a wad of money peels

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Unformatted text preview: wad of money, peels off a $100 dollar bill, demands and receives $50 in change. That night as Baker mulls over the situation, he gets more and more upset. When, the next day, Baker demands the other $50 from Abel: he is legally entitled to it. he is not legally entitled to it since Baker told Abel that payment of $50 would cancel the entire debt. he is not entitled to it since the parties entered into an accord and satisfaction. he is legally entitled to it since the debt was an unliquidated one. a. b. c. d. 81. a. b. c. d. Able made a public offer of a reward for information leading to the arrest of a thief. Without knowledge of the reward, Baker furnished information to the police that resulted in arrest of the thief. Which is correct? Baker accepted the unilateral offer by performing the required action. Baker could not accept the offer without knowledge of its existence. Baker should collect because Able was benefited by Baker’s action. Baker should collect because all citizens have constructive knowledge of a public offer. 82. a. b. c. d. 83. Able Sofa, In...
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