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Peter Was a Coal Merchant

question 23

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Peter was a coal merchant.In March 1962,he contracted to sell the business to his nephew John in consideration (1) that for the rest of Peter's life John should pay him $20.00 a week and (2) that if Peter's wife survived him,John should pay her an annual annuity of $15.00 a week.John took over the business and paid Peter the agreed sum until Peter died in November 1963.He then paid Peter's widow $15.00 for one week and refused to pay any more.The widow in both her personal capacity and as administratrix of Peter's estate brought an action against John in which she claimed all arrears under the annuity not paid her and asked for specific performance of the contract regarding the annuity.In this case


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Single Individual

Referring to one person, emphasizing the focus on an individual basis rather than a group or collective.

Sociocultural Approach

A psychological perspective that examines how societal and cultural influences affect behavior and mental processes.

Achievement Motivation

The inner drive or pressure to accomplish set goals, pursue excellence, and overcome obstacles.

Correlational Research

Research that examines the relationships between variables, whose purpose is to examine whether and how two variables change together.

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