Answer Happy

Question 26 2 pts Bill pledged $20,000 to his favorite charity for the purpose of acquiring a new bus. The charity then contracted with a dealer to purchase the bus, but Bill fell on hard times and refused to meet his commitment: this is a binding requirements contract if, in fact, a new bus was required by the charity. this is an example of an illusory promise, thus Bill's commitment could not be enforced. this is an example of past consideration, thus Bill's commitment could not be enforced. the doctrine of promissory estopped could be applied to these facts. Question 27 2 pts Sleazy, a used car dealer, persuaded Slick to purchase a 1970 Eldorado by telling him that "this baby's going to be a collector's item." This is an example of: O puffing. O unilateral mistake. undue influence. оо O fraud.