Saint MBA535 Module 4 Discussion latest 2016 august

Saint MBA535 Module 4 Discussion latest 2016 august

Question # 00369348 Posted By: katetutor Updated on: 08/23/2016 02:37 AM Due on: 08/23/2016
Subject Business Topic Management Tutorials:
Question
Dot Image

Module 4 Discussion

Imagine that you are at a flea market and you are looking through a table full of old books or every type. You discover what you believe to be a first edition of Mark Twains' Huckleberry Finn, although you are not certain. The price on the book is $5.00 and you gladly pay it without question. Neither you nor the seller discuss the book in any way as you purchased the book. Afterwards, you have the book appraised by an expert antique book export, who informs you that the book is worth at least $10,000.00.

In this exchange, you have provided $5.00 in consideration for an item worth circa $10,000.00 when sold in the correct market. Could the flea market bookseller properly seek to have the sale set aside due to inadequate consideration? What is the flea market bookseller knew it was an original, but had no idea of the true worth and thought that $5.00 was a reasonable price? Will the law consider the issue of adequacy of consideration in this instance?
Dot Image
Report this Question as Inappropriate
Tutorials for this Question
  1. katetutor
    Tutorial # 00365076 Posted By: katetutor Posted on: 08/23/2016 02:38 AM
    Puchased By: 7
    Tutorial Preview
    The solution of Saint MBA535 Module 4 Discussion latest 2016 august...
      Get the Solution
    Attachments
    Saint_MBA535_Module_4_Discussion_latest_2016_august.docx (27.84 KB)
    Recent Feedback
    Rated By Feedback Comments Rated On
    Pa...Gann Rating Best resources and unique content 08/19/2018
    X...C Rating Tutors are helpful and kind 12/08/2017
    le...91 Rating Expert tutors 10/14/2017
    su...yk5 Rating Recommend tutorial service to all 08/20/2017
    hl...ham Rating Hassle-free tutorial order placing 06/23/2017
  Get the Solution

Great! We have found the solution of this question!

Related Questions and Answers

Whatsapp Lisa