Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

An enforceable contract must meet the following requirements Just an agreement Agreement, consideration, capacity, and legality It must be in writing A lawyer must draft

image text in transcribed
image text in transcribed
image text in transcribed
An enforceable contract must meet the following requirements Just an agreement Agreement, consideration, capacity, and legality It must be in writing A lawyer must draft it A business will be liable for product liability if: The product is defective The use was foreseeable The product has not been altered All of the above Jack promises to give Jill 51,000 as a gift. When Jack changes his mind and does pot give Jill the moncy, fill chaims be broke their contract. She will likely? Lose because the contract should have been in writing Wis because they had as agreement Lose bechuse the contract lacks considention Win because Jack made fill a promise be failed to keep

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Auditing Philosophy And Technique

Authors: John William Cook

1st Edition

039520660X, 978-0395206607

More Books

Students also viewed these Accounting questions

Question

How does DSL (digital subscriber line) work?

Answered: 1 week ago