QUESTION
Viktor says he agreed to house-sit for the Deeners for three months for $300 per month, for $900 total. The Deeners say the agreement was for $300 total.
If this case went to arbitration, under which condition of contract law would the case most likely be handled?
A) Capacity: Viktor would need to prove he was not of sound mind to enter into the agreement.
B) Proper form: Viktor would need to produce a written contract because the amount he contends is owed him is over $500.
C) Legality: Viktor would need to prove that a housesitting arrangement was an illegal arrangement.
D) Acceptance: Viktor would need to produce a written contract to prove that any arrangement had been agreed to in the first place.
E) Consideration: Viktor would need to prove that both housesitting and money were items of value that could be exchanged.
ANSWER
Answer: B
Explanation: B) Viktor and the Deeners agree that a housesitting arrangement was in place. The only complaint is Viktor’s contention that he was not paid the agreed-upon amount. To prove his case, Viktor would have to produce a written contract between him and the Deeners because transactions worth over $500 have to be in writing to be legally binding.
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