Ned, a farmer, sells onions every year to Grenaldi's Restaurant. This year, Ned agrees to supply 1000 bushels of onions over a three-month period for a set price. One month after the contract term begins, Ned experiences a serious problem and his crop is reduced. He asks Grenaldi's to accept 900 bushels instead of the agreed-upon 1000 for the same price. Grenaldi's agrees in writing. Is this
modification enforceable?
What will be an ideal response?
Yes, because a contract between merchants can be modified under the UCC without additional consideration.
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Which of the following is true of consideration?
A. It does not need to be exchanged. B. It distinguishes a contract from a gift. C. It is not required for a valid contract to be formed. D. All of these choices are correct.
In preparing for a deposition a client should be told?
A. ?to be truthful. B. ?how to answer. C. ?to constantly look at his or her own attorney for signals. D. ?to memorize answers.
Define Medical power of attorney.
What will be an ideal response?
Discharge can occur because of impossibility of performance.
Answer the following statement true (T) or false (F)