(Business Law )
Which of these promises would be enforceable as supported by valid consideration?
1) Your promise not to break any state or federal laws before you are 30.
2) My promise to give you an A on the final in consideration of your past hard work.
3) Your rich aunt’s promise to change her will and leave you a fortune.
4) Your promise to pay money in exchange for a promise to provide goods.
d) Your promise to pay money in exchange for a promise to provide goods.
Because an valid consideration is something you are not legally obligated.
Please give Positive rating if you satisfied.
(Business Law ) Which of these promises would be enforceable as supported by valid consideration? 1)...
Business Law Questions I need help on, not sure if the
first few are correct or not.
It is more of a Business Law Questions
These questions are either true or false.
NAME True TRUE OR FALSE (2 Points Each) . In order to be legally valid, a contract must be in writing 2. A valid contract is one that meets all of the requirements of a enforceable contract. 3. An implied contract is formed by conduct nel 7 ....
principles of business law
Question 1 (a) John is married to Maria. Sarah promises to pay John R50 000 if he divorces Maria and marries her. John agrees and Sarah pays him the money. John later refuses to divorce his wife and also refuses to return the money. Advise Sarah. Briefly discuss the circumstances under which a newspaper advertisement may constitute a valid offer. (b) (c) Name five requirements for a valid contract. (d) When are damages awarded for breach...
1. Which of the following requires a written contract to be enforceable? a)Jonah rents a luxury yacht for a month at a cost of $10,000. b)Philmont agrees to paint your house for $500 c) Stanton's pit bull has just had a litter, and he agrees to sell you a puppy for $500 when the pups are weaned from their mother d) Lindsay borrows $5,000 from Roberto to buy a car 2. Sharon has contracted with Craig to buy Craig's car....
business law 1090
Promissory Note 1, Sam Smith, do promise to pay Adele Alberts the sum of $2,000 within ten (10) days of the sale of my vintage 1957 Chevy. Signed, S.S. Sam Smith owed Adele Alberts some money. He wrote out the above promissory note. Discuss the elements of negotiability and whether each one has been met. Then declare whether the note is negotiable. *For all the discussion forums you must be citing to your textbook. You must have...
Religious freedom is a valid defense for a Michigan business owner who fired a trans woman after she asked to dress in accordance with her gender identity, a federal judge ruled Thursday. The Equal Employment Opportunity Commission, which enforces federal anti-discrimination laws, had sued the business, R.G. & G.R. Harris Funeral Homes after it fired its funeral director, Amiee Stephens, a transgender woman who was undergoing transition. Stephens, who had worked at the funeral home for six years and was...
Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...
1. On January 1, 2018, the Metro Opera House and an opera singer made an oral contract in which Metro will pay the singer $25,000 and the singer will perform on New Year’s Day, 2020. 1. Does Statute of Frauds apply to this agreement? 2. Do the parties have a contract? Why or why not? 2. Andy and Biz Company enter into an oral contract under which Andy agrees to clean the company’s office for two years. 1. Does Statute...
Phil agrees to work for Vacation Resorts, Inc., as a chef. In determining whether a contract has been formed, an element of prime importance is the parties' intent. Phil's rate of pay. the duration of the work. Vacation Resorts's facilities. Question 2 Mary promises to pay her assistant Ned $10,000 in consideration of the services he provided over the years. Mary never pays Ned. Mary is liable for payment of the $10,000. liable only if Ned still works for Mary....
These are business Law questions.
QUESTION 12 Following a year of record revenue generation, Produce Packaging Company promised that it would give a $1,000 bonus to each employee who was on the payroll at any time during the last year. With respect to this promise, it is likely a. Enforceable, because the bonus is warranted. b. Unenforceable, because the employees have not given consideration in return. OC. Unenforceable, because Produce could have paid more. od. Enforceable, because the employees' hard...
34. In general, contract rights may be assgned. Which of the following types of contract rights may not be assined? a. personal service contracts assignments of future rights c. contracts for the sale of goods d. A and C only e. A and B only b. 35. Smith tells Jones that he is forming a partnership to invest in a diamond mining operation in South Africa and invites Jones to invest in this lucrative business venture. Jones signs the partnership...