Question

Joe sends for a MBA catalog from State University. According to the catalog, the MBA applications are evaluated on the basis of undergraduate grades, GMAT (the appropriate standardized test) scores, and references. Joe has a 3.1 GPA, scores very well on the GMAT, and has excellent references. Based on the criteria listed in the catalog, Joe applies and pays the $100 application fee. His application is rejected. Later he finds out that others with low grades and test scores were accepted based on their family connections with the University. If Joe followed all of the guidelines in the college catalog and paid the required application fee, then according to the court in Steinberg v. Chicago Medical School:
(a)There is a valid contract, but there has been no breach of that contract by the University or by Joe.
(b) There is a valid contract
(c) There is a in valid contract
(d) None of the above

Answer 1

Answer:

(b) There is a valid contract

Explanation:

Following the history of the case, the first instance ruled in favor of the Chicago Medical School, but Steinberg appalled and was favored in this instance.

He was favored because the judge reasoned that there were conditions to validate a contract. How? Based on the fact that a contract offers and considerations. So, the school offered a non-biased evaluation after the paying of a fee, based on the guidelines of a brochure. Thus, the requisites for a valid contract were fulfilled.