Mr Buyer, the Plaintiff in the Action, Was Attempting to Enforce

question 47

Multiple Choice

Mr. Buyer, the plaintiff in the action, was attempting to enforce a contract in which the defendant, Mr. Seller agreed to sell to buyer his property, Blackacre, for $100,000. Which of the following, by itself, would be sufficient to allow Mr. Seller to get out of the contract?

• A) At the time of the contract, unknown to Mr. Buyer, Mr. Seller did not understand the quality and nature of this act because of mental incapacity.
• B) Although there was a letter from Mr. Seller referring to its essential terms , the contract itself was not in writing.
• C) The $100,000 was not enough, not fair.
• D) The parties clearly stated that they did not want the agreement to be legally binding.
• E) Although both parties agreed to this, there had not actually been any money paid on the contract, not even a deposit or a down payment.

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Definitions:

Team

A collection of people who regularly interact to pursue common goals.

Team Members

Individuals who work together in a coordinated effort to achieve specific group objectives.

Norms

Established standards or patterns of behavior that are accepted within a group or society.

Behaviour

Refers to the actions or reactions of an object or organism, usually in relation to the environment or surrounding.