Philosophy 2080 Study Guide - Quiz Guide: University Of Western Ontario, Voicemail

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Albert and bob have a contract whereby bob has agreed to burn down albert"s house for consideration of ,000, so that albert can claim the insurance proceeds. ,500 and the contract requires albert to pay bob the remaining ,500 after the job is done. However, bob has now backed out of the deal, and albert has sued him for breach of contract. What will the court order: albert to pay bob ,500, bob to pay albert ,500, albert to pay bob ,000, bob to pay albert ,000, the court will not order either party to pay any money. (points: 10) Gwen and hal have both signed a written agreement, in which gwen has agreed to sell a specific machine to hal for a price which is to be negotiated by the parties prior to delivery. Gwen and hal have a history of similar agreements, and they have always been able to agree on price prior to delivery.