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Question: Jefferson and Goldberg enter a contract for


Jefferson and Goldberg enter a contract for the sale of five acres of land at $10,000 per acre.
Later, Goldberg, the buyer, asks if Jefferson will agree to modify the contract to $9,000 per acre.
(a) Jefferson agrees. Is Jefferson’s promise binding on him?
(b) Would your answer be different if five used cars were being sold instead of five acres of land?


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> How does the ESA apply to private businesses? Explain.

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> Explain the function of the EPA.

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> Jane Thomas applies for automobile financing at Kenwood Cars Inc., a used-car dealership. The dealership obtains a credit report on her. On the basis of this report, the dealership denies her credit. The manager informs her that she will have to get her

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