Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Nov 03, 2024

A agreed to sell his car to B , if B would pay C $ 1 , 0 0 0 . B paid C the

A agreed to sell his car to B

,

if B would pay C $

1, 000 .

B paid

C

the $

1, 000

but A the refused to convey title to the car to

B,

on the theory that he received no consideration for his promise to sell the car. Is A correct?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quantitative Methods For Business

Authors: Donald Waters

5th Edition

273739476, 978-0273739470

More Books

Students also viewed these General Management questions

Question

★★★★★

Use the result in equation (15.17) to determine the value of a perpetual American put option on a non-dividend-paying stock with strike price K if it is exercised when the stock price equals H where...

Answered: 1 week ago

Question

★★★★★

Certain item descriptions and amounts are missing from the monthly schedule of cost of goods manufactured and income statement of Maria Manufacturing Company. Fill in the blanks with the missing...

Answered: 1 week ago

Question

★★★★★

5 (a) A time for managers to clarify standards and expectations (b) A time for workers to clarify job and career needs

Answered: 1 week ago

Question

★★★★★

Jamie is considering leaving her current job, which pays $ 75,000 per year, to start a new company that develops applications for smart phones. Based on market research, she can sell about 50,000...

Answered: 1 week ago

Question

★★★★★

A agreed to sell his car to B , if B would pay C $ 1 , 0 0 0 . B paid C the $ 1 , 0 0 0 but A the refused to convey title to the car to B , on the theory that he received no consideration for his...

Answered: 1 week ago

Question

★★★★★

I need help solving these two problems. Thank you! Turnbull Co. Is considering a project that requires an initial investment of $1,708,000, The firm wili raise the $1,708,000 in capital by issuing...

Answered: 1 week ago

Question

★★★★★

You are an assistant Business Consultant at Simplicity Financial and Business Advisory Group (SFBAG) Pty Ltd.You are assigned to work with new clients Petra Trail & Greg Change Partners (PTGCP)....

Answered: 1 week ago

Question

★★★★★

Scenario You are an assistant Business Consultant at Simplicity Financial and Business Advisory Group (SFBAG) Pty Ltd.You are assigned to work with new clients Petra Trail & Greg Change Partners...

Answered: 1 week ago

Question

★★★★★

Scenario You are an assistant Business Consultant at Simplicity Financial and Business Advisory Group (SFBAG) Pty Ltd.You are assigned to work with new clients Petra Trail & Greg Change Partners...

Answered: 1 week ago

Question

★★★★★

Design different components such as hydraulic cylinder, bolts, joints, brakets, hook, pin for Swivel Lifting Crane with 2 position adjustable boom 90/ kg and 450 kg

Answered: 1 week ago

Question

★★★★★

A. Calculations + Q2.6 NeoZone B C E F Details as shown Income statement Amount net of GST GST Collected Balance sheet Receipts from sales on bank statement Total received (A x 10/11) Bx .1 Domestic...

Answered: 1 week ago

Previous Question Next Question