Who found defective product manufactured

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Sam decided to attend college. Because of the expense of housing, Sam decided to accept his cousin’s offer to live with him while in school. When he graduated, Sam made a promise to pay his cousin $2,000 for the time he had lived there. Later, due to financial troubles, Sam refused to pay his cousin. Sam’s promise to his cousin: a. is not enforceable because his cousin gave no consideration to support Sam’s promise to pay $2,000. b. is not enforceable because $2,000 is probably not equal to the amount he really should pay his cousin. c. is enforceable because prior consideration is a valid form of consideration. d. is enforceable because of the preexisting obligation rule.

Aunt Millie promised her nephew, Will, $1,000 if he made the college basketball team. Will made the team. Aunt Millie’s promise is: a. unenforceable for lack of consideration. b. enforceable because there was consideration. c. enforceable as a quasi-contract. d. unenforceable as a moral obligation.

Exclon offered a reward for information leading to the arrest and conviction of the persons who vandalized its office complex. Kyle, unaware of the reward, called the police with information on the vandals. The information led to the arrest and conviction of those responsible for the damage. Pursuant to contract law: a. Kyle is ineligible for the reward because he was unaware of the offer. b. Kyle is ineligible for the reward because he was fulfilling his civic obligation. c. Kyle is eligible for the reward because fulfilled the terms of a unilateral offer. d. Kyle is eligible for the reward because of the general offer rule.

Monica Lopez stated during a television interview that she would pay $10,000 to anyone who found a defective product manufactured by her company, Tristar Tires. Joe took a defective Tristar tire to Monica, who said she was only joking about the $10,000. If Joe sues, the likely result will be: a. Joe will lose because Monica stated that she was only joking. b. Joe will lose because this is a reward. c. Joe will win if a reasonable person would have thought Monica intended what she said. d. Joe will win because of promissory estoppel. 10. If you repair my car while I’m out of town, I’ll pay you $200 when I return.” This is an example of: a. an offer for a unilateral contract. b. an offer for a bilateral contract. c. an option. d. an invitation to negotiate.

Reference no: EM132262544

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