Assume That All Other Requirements for a Valid Contract Are

question 154

Multiple Choice

Assume that all other requirements for a valid contract are present and indicate which of the following would be a binding agreement.

• A)Mr.Ng promises to give $25 to the Canadian Cancer Society and makes that promise under seal.The association accepts but gives him nothing in return.
• B)John,so grateful that Jim returned a lost computer disk on which John had saved a term project,promised to give Jim $50.Jim stated that he deserved $100.
• C)Len offered to sell his $300 snowboard to Chuck for $400.Chuck said no.
• D)Joe offered to pay a florist to put flowers on Marilyn's grave once a week for a whole year for $500.The florist agreed to the terms of the offer but only for 10 weeks.
• E)Nervous that the programmer would not finish the project by the time specified in the contract,the owner of the company promised to give the programmer an extra $400 if he would complete the work according to the contract.The programmer agreed.

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Definitions:

Sensorimotor Stage

The first of the four stages of cognitive development in Piaget's theory, where infants learn about the world through their sensory experiences and manipulating objects.

Jean Piaget

A Swiss psychologist known for his pioneering work in developmental psychology and his theory of cognitive development in children.

Telegraphic Speech

A stage in language acquisition during which a child uses short, simple constructions, often lacking articles and auxiliary verbs.

Word Combinations

The process of forming phrases or sentences by putting words together according to the rules of grammar and syntax.