Which One of the Following Is Enforceable

question 18

Multiple Choice

Which one of the following is enforceable?

• A)An ad in the paper promises to pay $5 for the return of a lost ring,but the person who finds and returns the ring never saw the offer in the newspaper.
• B)Mr.Baker was so sick of an old chair that,when Mr.Venson offered him $10 for it,he agreed (i.e.,promised to sell it to him),although the market value of the chair was $80.
• C)Ms.Jones promised to pay an additional $1 to Mr.Wood if he finished the existing contract on time,according to the terms of the contract.
• D)Mr.Ho promised to give his needy friend,Mr.Jahn,$1.
• E)Ms.Goode promised to send $10 to Mr.Paul,who kindly came and warned her when he saw a tow truck approach her car.

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Definitions:

Break-even Point

The level of sales at which total revenues equal total costs, resulting in no net profit or loss.

Break-even

The moment total expenditure equals total earnings, resulting in neither a financial gain nor a loss.

Monthly Unit Sales

The total number of individual items or products sold by a business during a month.

Break Even

The moment when the sum of all expenses equals the sum of all revenues, eliminating any profit or loss.