MisconceptionObserved in bank
All Contract Changes Need Consideration
This trap appears as a wrong-answer choice in 1 active question. Spotting how it is built is the repair: read each example's “why it's attractive” before the “why it's wrong.”
Subject distribution
- Contracts1
Example wrong choices
14404_ruth_naomi_nativity_cases · CONTRACTS · Choice ARuth's March 16 email operated to rescind unilaterally the original sale-of-display contract.
Why it's attractive
The email says accept, not rescind.
Why it's wrong
The email says accept, not rescind.
14404_ruth_naomi_nativity_cases · CONTRACTS · Choice BNaomi's signed note, received by Ruth on March 12, waived the bargained-for consideration that would otherwise be required.
Why it's attractive
Waiver is the wrong mechanism for the duty.
Why it's wrong
Waiver is the wrong mechanism for the duty.
14404_ruth_naomi_nativity_cases · CONTRACTS · Choice DRuth provided a new bargained-for exchange by agreeing to take the cases.
Why it's attractive
Taking a free addition is assent, not new consideration.
Why it's wrong
Taking a free addition is assent, not new consideration.
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