Chu,a Non-Swimmer,fell Off a Boat into the Lake

question 15

Multiple Choice

Chu,a non-swimmer,fell off a boat into the lake."Help!" he cried."$100 to the person who saves me!" Frances then jumped in and held Chu's head above water until the boat's dinghy could reach them.

• A)Chu must pay Frances the reward since,by her action,she accepted his offer and gave consideration for his promise.
• B)Since Frances did not accept his offer,although what she did would have been consideration if there had been a contract,the offer is revocable and he need not pay her $100.
• C)If Frances had been under a legal duty to save Chu,even if there was a contract that he should pay her $100 for the rescue,Chu will not have to pay her.
• D)Chu must pay Frances the reward since,by her action,she accepted his offer and gave consideration for his promise and if Frances had been under a legal duty to save Chu,even if there was a contract that he should pay her $100 for the rescue,Chu will not have to pay her.
• E)All of the responses are correct.

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Definitions:

Promissory Estoppel

A legal principle that prevents a party from withdrawing a promise made to a second party if the latter has reasonably relied on that promise to their detriment.

Equitable Doctrine

Legal principles applied by courts to ensure fairness and justice, often used in cases where traditional laws might not provide a remedy.

Enforceable Agreement

An agreement that is legally binding and can be upheld in a court of law.

Parol Evidence Rule

The parol evidence rule is a legal principle that prevents parties from introducing outside oral or written statements to modify or contradict the terms of a written contract.