All Option Promises Require 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
14428_retreat_supply_firm_offer · CONTRACTS · Choice AYes, because Lydia received no consideration for her assurance that she would keep the catalog prices unchanged.
Why it's attractive
It treats the ordinary consideration rule as if no merchant firm-offer exception exists.
Why it's wrong
It treats the ordinary consideration rule as if no merchant firm-offer exception exists.
14428_retreat_supply_firm_offer · CONTRACTS · Choice BYes, because Lydia's assurance that the catalog prices would remain firm covered a period longer than three months.
Why it's attractive
It notices the three-month cap but gives the cap the wrong effect.
Why it's wrong
It notices the three-month cap but gives the cap the wrong effect.
14428_retreat_supply_firm_offer · CONTRACTS · Choice CNo, because Lydia's original offer, including the price term, became irrevocable under the doctrine of promissory estoppel.
Why it's attractive
It uses a doctrine that would need reliance facts the stem does not supply.
Why it's wrong
It uses a doctrine that would need reliance facts the stem does not supply.
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