Glen Enters into a Contract Giving Woody the Right of First

question 43

Multiple Choice

Glen enters into a contract giving Woody the right of first refusal on a tract of land owned by Glen . Glen subsequently offers the land to Leif without first offering it to Woody . An appropriate remedy for Woody to seek would be:

• A) an injunction.
• B) liquidated damages.
• C) reformation.
• D) punitive damages.

Understand the role and application of promissory estoppel in contract law.

Recognize the application and exceptions to the doctrine of consideration, including past consideration and moral obligation.

Analyze contract modifications and the requirement of additional consideration for enforceability.

Identifying enforceable promises without consideration under specific statutory exceptions.

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