View the step-by-step solution to: . Silas a wealthy man, gave his friend Abraham a valuable

. Silas a wealthy man, gave his friend Abraham a valuable stamp collection. Later, as a result of poor investments, Silas was on the verge of bankruptcy. Abraham, in an effort to help his friend, offered to pay Silas $5,000 for the stamp collection and Silas accepted the offer. If Abraham fails to pay, will Silas be able to enforce the agreement? Explain.

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