Wilma Has a Valid Driver's License but Has a Tendency

question 44

Multiple Choice

Wilma has a valid driver's license but has a tendency to get speeding tickets. Fred tells her that he will pay her $1,000 if she does not get a ticket for one year. Wilma drives very cautiously and goes through one year without a ticket. Is Fred obligated to pay?

• A) yes, because Wilma gave up a legal right based on the agreement
• B) no, because $1,000 is not an adequate amount based on Wilma's detriment
• C) no, because Wilma suffered no detriment in this agreement
• D) yes, because a promise is a promise and consideration has nothing to do with this agreement

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Definitions:

Lucrative Business

A highly profitable enterprise, activity, or venture that generates a significant amount of revenue relative to its costs.

Raw Materials

Basic materials that are used in the production of goods, finished products or intermediate materials that are feedstock for future finished products.

Human Sexual Response

A series of physiological and psychological states that describe the human body's reaction to sexual stimulation.

Masters and Johnson

Pioneers in the field of sexology; they conducted extensive research into human sexual response and the diagnosis and treatment of sexual disorders and dysfunctions.