A Signs a Contract to Buy B's Ranch for $900,000

question 158

True/False

A signs a contract to buy B's ranch for $900,000 then learns that the true market value is $500,000. There is not adequate consideration, so the contract will not be enforced.

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Definitions:

Functional Group

Particular collections of atoms in molecules that dictate the specific chemical reactions those molecules undergo.

Lipitor

A prescription medication, also known by its generic name atorvastatin, used to lower cholesterol and triglyceride levels in the blood.

Structure

The arrangement or organization of something, especially relating to physical form or construction.

Hydroxyl Group

A functional group consisting of an oxygen atom bonded to a hydrogen atom (-OH) and found in alcohols and phenols.