A company, RM sponsored a marathon in which the prize money was $ 10,000. Company RM reserved the right to change or modify the terms and conditions at any time. Person M won the race. Company RM offered person M a prize of $ 1,000 instead of $ 10,000. To find: Existence of a contract between company RM and person M.

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Answer 1

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Chapter 12, Problem 1BS

Summary Introduction

Case summary: A company, RM sponsored a marathon in which the prize money was $10,000. Company RM reserved the right to change or modify the terms and conditions at any time. Person M won the race. Company RM offered person M a prize of $1,000 instead of $10,000.

To find: Existence of a contract between company RM and person M.

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Answer 2

Question

Chapter 12, Problem 1BS

Summary Introduction

Case summary: A company, RM sponsored a marathon in which the prize money was $10,000. Company RM reserved the right to change or modify the terms and conditions at any time. Person M won the race. Company RM offered person M a prize of $1,000 instead of $10,000.

To find: Existence of a contract between company RM and person M.

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Answer 3

Question

Chapter 12, Problem 1BS

Summary Introduction

Case summary: A company, RM sponsored a marathon in which the prize money was $10,000. Company RM reserved the right to change or modify the terms and conditions at any time. Person M won the race. Company RM offered person M a prize of $1,000 instead of $10,000.

To find: Existence of a contract between company RM and person M.

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Question

Chapter 12, Problem 1BS

Summary Introduction

Case summary: A company, RM sponsored a marathon in which the prize money was $10,000. Company RM reserved the right to change or modify the terms and conditions at any time. Person M won the race. Company RM offered person M a prize of $1,000 instead of $10,000.

To find: Existence of a contract between company RM and person M.

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Answer 5

Chapter 12, Problem 1BS

Summary Introduction

Case summary: A company, RM sponsored a marathon in which the prize money was $10,000. Company RM reserved the right to change or modify the terms and conditions at any time. Person M won the race. Company RM offered person M a prize of $1,000 instead of $10,000.

To find: Existence of a contract between company RM and person M.

Answer 6

Chapter 12, Problem 1BS

Summary Introduction

Case summary: A company, RM sponsored a marathon in which the prize money was $10,000. Company RM reserved the right to change or modify the terms and conditions at any time. Person M won the race. Company RM offered person M a prize of $1,000 instead of $10,000.

To find: Existence of a contract between company RM and person M.

Answer 7

Chapter 12, Problem 1BS

Summary Introduction

Case summary: A company, RM sponsored a marathon in which the prize money was $10,000. Company RM reserved the right to change or modify the terms and conditions at any time. Person M won the race. Company RM offered person M a prize of $1,000 instead of $10,000.

To find: Existence of a contract between company RM and person M.

Answer 8

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Ch. 12 - Prob. 1RE Ch. 12 - Prob. 2RE Ch. 12 - Prob. 3RE Ch. 12 - Prob. 1IS Ch. 12 - Prob. 2IS Ch. 12 - Prob. 1BS Ch. 12 - Prob. 2BS Ch. 12 - Prob. 3BCP Ch. 12 - Prob. 4BCP Ch. 12 - Prob. 5BCP

Solution Summary: The author explains the existence of a unilateral contract between company RM and person M.

Chapter 12 Solutions