Contracts Keyed to Frierback
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On May 15, the painter started painting the home owner’s house. On June 1, the home owner told the painter, “I retract my offer of May 1.” The painter had painted one-third of the house. Which of the following choices is most accurate?CorrectIncorrect
On March 1, a buyer looked at a seller’s boat. The seller said, “You can have the boat for $20,000. I promise to keep this offer open for thirty days.” On March 15, the seller called the buyer and told her, “the boat was destroyed in a fire.” On March 22, the buyer found out the seller had lied, the boat was actually in good condition, and she told the seller that she wanted to buy the boat. The seller refused. If the buyer brings an action against the seller for breach of contract, the buyer will most likelyCorrectIncorrect
On May 1, the uncle mailed a letter to his nephew that stated “I’m thinking of selling my yacht, which I know you enjoy. I would consider taking $20,000 for it.” On May 3, the nephew mailed a response that said “You know I love that yacht, I will buy it for $20,000 cash.” The uncle received the letter on May 5, and then on May 6 mailed the nephew a note that stated “You have a deal!” On May 7, before the nephew received the May 6 letter, he phoned his uncle and reported that, unfortunately he was no longer allowed on the high seas due to a rather unfortunate incident, so could not buy the yacht
Which of the following is accurate?CorrectIncorrect
A student graduates the top of their class from law school, and is immediately offered a job with a prestigious law firm making $100,000 a year,. The student studies hard for the bar exam and passes. A week before she is to begin at the law firm, which would have been September 1, she receives notice that, due to budget cuts, they will no longer be needing her. The student looks for work, but by this point, most attorney positions are filled. All she can find is work as a paralegal for $50,000 a year, and she chooses to turn that down. The student finally finds work 6 months later, making $90,000 a year The student sues the original law firm for breach of contract.
What is the best defense that the law firm can assert?CorrectIncorrect