Generally, an advertisement is merely an invitation to make…

Generally, an advertisement is merely an invitation to make an offer although there are exceptions.     In the Leonard v. PepsiCo, Inc. case, the court found that Pepsi’s advertisement for a Harrier jet was NOT an enforceable contract BECAUSE ____________.    

Jacob has just signed a contract accepting an offer to work…

Jacob has just signed a contract accepting an offer to work for a construction company beginning next month. A clause in the contract requires Jacob to pass the contractor’s exam and obtain his license before he starts work. However, Jacob does not pass the licensure exam as expected.  The employment contract between Jacob and the construction company will be discharged by ____________.

In the case of Lucy v. Zehmer, two farmers handwrote an agre…

In the case of Lucy v. Zehmer, two farmers handwrote an agreement for the sale of a farm on the back of a ticket at the restaurant where they were dining and drinking whiskey. After the fact, Zehmer argued that he was intoxicated, that the agreement was meant as a joke, and that he had no intent to sell the farm. Lucy sued Zehmer to enforce the agreement. The court found ____________.   

If U.S. House Representative Jones agrees to get Valerie app…

If U.S. House Representative Jones agrees to get Valerie appointed to a community organizer position in his district so long as she agrees to vote for him and give him a large donation to his political campaign, that is an example of an agreement that is illegal as against public policy.

While written contracts do not require a particular format,…

While written contracts do not require a particular format, many contracts include sections such as recitals, definitions, and clauses. The initial part of the contract that identifies the name of the agreement, the names of the parties, and the date, is called the ____________.