Maryanne makes the following offer to her niece Amber: "I promist to pay you $15000 if you graduate from college with an overall grade point average of 3.5 and join ten campus organizations. Amber enrolls at CalU, joins ten campus organizations and completes her first two years of course work with an overall grade point averafe of 3.6. Prior to starting her junior year, Maryanne informs Amber that she is revoking her offer. Which of the following is true? (i think its either a or c... any suggestions?)
a. since this was an offer to enter into a unilateral contract, the offeror may withdraw the offer anytime prior to complete performance.
b. " a bilateral contract, the offeror may withdraw the offer " "
c. maryanne will be liable for 7500 since amber made it half way through the program.
d. none of the above.
2007-09-21 05:44:21 · 2 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
a is wrong. An offer of a unilateral contract is irrevocable once the offeree begins performance.
b is wrong. Not only is this not a bilateral contract, the statement isn't even true.
c is wrong. Maryanne can get out of her promise by paying Amber $7500 only if Amber agrees to it (called an "accord").
d is the only reasonable answer.
2007-09-21 06:42:03 · answer #1 · answered by Mr Placid 7 · 0⤊ 0⤋
D -- none of the above.
It's a unilateral contract -- which can only be accepted by completion. And normally, a contract can be withdrawn any time prior to acceptance.
However, as an exception, the law creates an option to accept (by completing performance) once a person has substantially started performing. Amber started performing -- and the law will allow her to finish, or to say she won't finish -- but Maryanne cannot withdraw the offer until then.
2007-09-21 08:30:37 · answer #2 · answered by coragryph 7 · 0⤊ 0⤋