Read the Following and Indicate Which Agreement Would Be a Binding

question 1

Multiple Choice

Read the following and indicate which agreement would be a binding contract.Assume that all other requirements for a binding contract have been met.

• A)Mary promised to give Planned Parenthood a donation of $1.
• B)John,late for work,found that his car battery was dead.He flagged down a passing truck and told the driver "he would be in his debt forever" if he would agree to do him the favour of jump-starting the car.The driver of the truck agreed.
• C)Mr.Kooner sold a farm valued at $190 000 to his nephew for only $50 000.
• D)Peter agreed to pay Ace Computers Ltd.$50 above the contract price if the company would have his new computer ready on the date specified in the original contract.
• E)Len agreed to sell and Karen agreed to buy four of Len's records for "some money."

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Definitions:

Cultural Diffusion

The dissemination of material and symbolic culture (tools and technology, beliefs and behavior) from one group to another.

Beliefs And Practices

The principles or convictions that are accepted by individuals or groups as true, alongside the actions that reflect these convictions.

Cultural Group

A collection of individuals who share common cultural characteristics, such as language, traditions, customs, values, and beliefs.

Gross National Happiness

A measure of a country's collective happiness and well-being, considering economic, cultural, and environmental health rather than solely focusing on gross domestic product.