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Describe the contract for the sale of land

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Question: Consideration Jefferson and Goldberg enter a contract for the sale of five acres of land at $10, 000 per acre. Later, Goldberg, the buyer, asks if Jefferson will agree to modify the contract to $9, 000 per acre.

(a) Jefferson agrees. Is Jefferson's promise binding on him?

(b) Would your answer be different if five used cars were being sold instead of five acres of land?

Reference no: EM131738894

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