QuickHelper

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Category > Management Posted 06 Oct 2017 My Price 5.00

Nat signed a two-year contract to play soccer for the Scores,

Nat signed a two-year contract to play soccer for the Scores, for $100,000 per game. During the second year of his contract, and just before a big game, Nat demanded that the team owner pay him an additional $5000 per game on his contract, starting with the current game. The owner reluctantly agreed to the new contract terms because Nat was the team’s leading scorer. At the end of the season, Nat demanded the additional $5000 per game; the owner refused to pay. What best describes the new contract between Nat and the owner?

 

A. It is unenforceable because the owner agreed to Nat’s contract terms under economic duress.

B. It is unenforceable because both parties did not give new legal consideration for the new contract.

C. It is enforceable because both parties gave legal consideration for the new contract.

D. It is enforceable because under the UCC rules, all contract modifications are valid if the parties consent.

 

Is A the correct answer? If not, please explain. 

Answers

(10)
Status NEW Posted 06 Oct 2017 12:10 PM My Price 5.00

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