There Is an Existing Contract Calling for Seller to Deliver

question 45

Multiple Choice

There is an existing contract calling for Seller to deliver 1,000 widgets to Buyer.Buyer says to Seller,"I would like to buy 100 additional units at the same price." Seller responds,"We promise to sell you the 100 extra units if we decide not to sell them to other customers." Regarding only the sale of the extra 100 units,which of the following is true?

• A) There is no consideration due to an illusory promise.
• B) There is no consideration due to a preexisting duty.
• C) There is no consideration due to a past consideration.
• D) There is consideration due to promissory estoppel.
• E) There is consideration due to a legal detriment on both sides.

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Definitions:

Unconscious Motivation

A driving force behind behaviors that originates from desires or impulses not within one's conscious awareness.

Birth Cohort

A group of individuals born within a specific time period who experience particular social and historical events at a similar stage in life.

Authoritarianism

A governing or leadership style characterized by absolute or blind obedience to authority, as against individual freedom and related to the expectation of unquestioned obedience.

Neuroticism

A personality trait characterized by sadness, moodiness, and emotional instability.