Andrew Has a Contract to Buy 100 Tables from Bartholomew

question 8

True/False

Andrew has a contract to buy 100 tables from Bartholomew at a price of $50 a table.Five days before Bartholomew is to deliver the tables, he tells Andrew that he is sorry, but $50 won't cover his costs; he will need at least $75 a table.Andrew agrees, because he needs the tables for his special sale.The modified contract is enforceable without new consideration, so long as Bartholomew is acting in good faith.

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Definitions:

Maslow

A psychologist best known for proposing Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.

Fully Functioning Individual

A person who lives in harmony with their deepest feelings and impulses, exhibiting openness to experience and a willingness to live authentically.

Rogers' Characteristics

Attributes or qualities identified by psychologist Carl Rogers that contribute to a person's self-concept and personal growth, such as openness and empathy.

Actualizing Tendency

A concept in humanistic psychology referring to an innate drive within all organisms to grow, improve, and realize their fullest potential.