What Was the Result in Meyer V

question 29

Multiple Choice

What was the result in Meyer v. Christie, the case in the text involving whether an agreement to enter into a joint venture existed?

• A) That the evidence showed only an anticipatory agreement to form a joint venture in the future, not the actual formation of a joint venture.
• B) That no joint venture existed because there was evidence contrary to the intent to form a joint venture.
• C) That any alleged joint venture agreement was unenforceable under the statute of frauds because it was premised upon an unenforceable oral agreement to purchase and transfer land.
• D) That while a joint venture existed, no damages were found.
• E) That a joint venture existed with no prohibition against damages.

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Definitions:

Equality

The state or condition of being equal, especially in status, rights, and opportunities.

Efficiency

The optimal allocation of resources in a manner that maximizes output or outcomes.

Equality

The state of being equal, especially in status, rights, or opportunities.

Society's Resources

The assets, both physical and intangible, available to a society or community for the purpose of production, development, and support.