Discuss Whether the Agreements Reached in Each of the Following

question 1

Essay

Discuss whether the agreements reached in each of the following situations is enforceable.
a.Mark is the owner of A-1 Construction.He agrees to construct an addition to a client's home for a total contract price of $45,000.When the addition is completed,the homeowner complains about the quality of the workmanship and refuses to pay the full contract price.Mark talks to the homeowner and Mark agrees to accept a payment of $43,000 rather than the $45,000 in the original contract.
b.Mark is the owner of A-1 Construction.He agrees to construct an addition to a client's home for a total contract price of $45,000.When the addition is completed,the homeowner says he is short of money and can only pay Mark $43,000 even though he is satisfied with the work.Mark agrees to accept the payment.

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Definitions:

Sugar Receptors

Cellular structures that detect the presence of sugar molecules, primarily involved in taste perception.

Ventromedial Hypothalamus

A part of the hypothalamus that plays a role in satiety, or feeling full after eating, and regulating part of the body's energy balance.

Leptin

A hormone produced by fat cells that helps to regulate energy balance by inhibiting hunger.

Cholecystokinin

A hormone released by the small intestine that stimulates the digestion of fat and protein, and also acts as a satiety signal to the brain.