Why are contracts made with individuals who are required to be licensed, but are not, usually unenforceable?

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Essentials of Business Law

ISBN: 978-1259917134

10th edition

Authors: Anthony Liuzzo

See More Books

Question Posted: Apr 16, 2019 12:46 PM

See More Questions

There are many equity or fairness based arguments for government engagement in anti-poverty programs and for general government redistribution programs. But is there an efficiency case to be made...
You, CA, are the audit senior of Ball Construction Corporation (BC), a small public company. It is September 19, 2013, and the year-end audit fieldwork has just been completed. The audit partner,...
Refer to the Professional Judgment in Context feature at the beginning of the chapter. Additional details on PFG and Wasendorf are presented below. On July 14, 2012, Russell Wasendorf, Sr. attempted...
The 2017 financial statements for the Thor and Gunnar companies are summarized below. These two companies are in the same business and in the same province but in different cities. One-half of Thor?s...
Explain why the alveoli normally do not fill with fluid.
What happens to angles at z 0 under a mapping w = f(z) if f'(z 0 ) = 0, f"(z 0 ) = 0, f"'(z 0 ) 0?
Describe the characteristics of a market orientation.
Presented below are two independent situations related to future taxable and deductible amounts resulting from temporary differences existing at December 31, 2008. 1. Pirates Co. has developed the...
This Questions pt of complete The Out Cor t s produces parts for the automobilindustry. The company has many feed costs of 650.000 and contribution of 75% Come Gordon's m y bre i n dollars the...
Zirconium has an HCP crystal structure and a density of 6.51 g/cm 3 . (a) What is the volume of its unit cell in cubic meters? (b) If the c/a ratio is 1.593, compute the values of c and a.
Is an illegal agreement enforceable? Why or why not?
Legislation intended to protect the natural environment can have unexpected consequences and may serve as a disincentive to business. Explain.
What are CASE tools used for?
Convex Productions produces full-length motion pictures for distribution worldwide. Convex has just purchased the rights to a movie script entitled Native Sun, which it intends to develop as its next...
You are visiting the Engineering Office of Denton Hospital, as part of a consulting project. You notice some charts on one wall which look familiar to you: One of the employees notices you reading...
Richmond Clinic has obtained the following estimates for its costs of debt and equity at different capital structures: What is the firms optimal capital structure? (Hint: Calculate its corporate cost...
Suppose a sample yields estimates $\widehat{\theta}_{1}=5, \widehat{\theta}_{2}=3$, se $\left[\widehat{\theta}_{1} ight]=2$, and se $\left[\widehat{\theta}_{2} ight]=1$ and the correlation...
Helium expands in a nozzle from $0.8 \mathrm{MPa}, 500 \mathrm{~K}$, and negligible velocity to $0.1 \mathrm{MPa}$. Calculate the throat and exit areas for a mass flow rate of \(0.34 \mathrm{~kg}...
A Fortune 500 company is tracking revenues versus cash flow for recent years, and the data is shown in the table below. Consider cash flow to be the dependent variable. Assume the correlation is...
Eleni Cabinet Company sold 2,200 cabinets during 2011 at $160 per cabinet. Its beginning inventory on January 1 was 130 cabinets at $56. Purchases made during the year were as follows: February . 225...
Answer the following questions and discuss them in class. Identify several common torts and explain how each might be committed in a business environment
Complete the following activities. Share your findings with the class. Using the Internet and search engines, find information about the Securities and Exchange Commissions program to reward...
Answer the following questions, which require you to think critically about the legal principles that you learned in this chapter. Analyze and critique some current activities of government relating...
Lakeland Inc. manufactured 2,500 units during the month of March. They incurred direct materials cost of $58,000 and overhead costs of $40,000. If their per-unit prime cost was $32.00 per unit, how...
Present Value Computations Using the present value tables, solve the following. ( Click here to access the PV and FV tables to use with this problem. ) Round your answers to two decimal places....
A company provided the following data: Sales $887,000 Variable costs $546,800 Fixed costs $310,000 Expected production and sales in units 36,000 What is the break-even point in sales dollars? Please...

Why are contracts made with individuals who are required to be licensed, but are not, usually unenforceable?

Question:

Step by Step Answer:

Agreements made with unlicensed indivi...View the full answer

Essentials of Business Law

Students also viewed these Business questions