You think you know BUSINESS LAW? :D?

Dennis Nguyen

New member
1) Dave's Hobby Town and Eva's Yarn Shoppe are adjacent stores with adjoining parking lots. Dave offers Eva a discount on purchases from Dave's store if Eva will not tow the cars of Dave's customers who park in Eva's lot. Eva's forbearance from towing is legally sufficient consideration...
a.because it is a promise of something of value
b.only if Dave's customers park in Eva's lot
c. only if Eva's customers cannot park in her lot because it is full
d.under no circumstances

2)Delta, Inc., agrees to assume a debt of Excel Company to First State Bank. The agreement is not in writing. To be enforceable, the promise must be for the benefit of
a.any party
b. Delta
c. Excel
d. First State

A brief description would be awesome :)
 
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