Fact Pattern 10-4 (Questions 29-30 Apply)

question 7

Multiple Choice

Fact Pattern 10-4 (Questions 29-30 apply)
Dex and Carmen are in an auto accident.Dex offers Carmen $2,000 if she promises not to pursue her potential legal claim against Dex.Carmen agrees.Later,Carmen discovers that it will cost $1,500 to repair her car and $4,000 to cover the medical expenses for a latent injury.
-Refer to Fact Pattern 10-4.In Carmen's suit against Dex to recover her repair and medical expenses,Carmen will most likely recover

• A)half the amount to pay the costs over what Dex already paid Carmen.
• B)nothing.
• C)the estimated amount to pay those costs and any other liability.
• D)the exact amount to pay those costs and no more.

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Definitions:

Proposed Price

The initial price suggested by a seller or contractor before any negotiations or adjustments.

Contract

An agreement between parties creating mutual obligations enforceable by law.

Financing

The act of providing funds for business activities, making purchases, or investing.

Revoke

To officially cancel or withdraw something, such as a law, right, or offer.