Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 20, 2024

can you help me with this? 35. Which one of the following is not sufficient consideration in a contract? O (a) Farmer Cunningham compensates Lawyer

can you help me with this?
35. Which one of the following is not sufficient consideration in a contract? O (a) Farmer Cunningham compensates Lawyer Atticus Finch with a sack of potatoes to pay off his legal debt (To Kill a Mockingbird - novel) O (b) David and Diana Murphy's house is going into foreclosure (bankruptcy). Diana offers love and affection to banker, John Gage, to secure financing on a loan (Indecent Proposal - movie) O (c) Two farmers create an agreement by exchanging a peppercorn for a horse O (d) For the payment of $1000.00, the state of North Carolina, USA grants 300 acres of land to Jamie and Claire Fraser in 1755 (TV Show, Outlander)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered 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

Auditing Cases An Active Learning Approach

Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt

2nd Edition

0130674842, 978-0130674845

Students also viewed these Law questions

Question

★★★★★

An investment of $5000 in Biotech common stock proved to be very profitable. At the end of 3 years the stock was sold for $25,000. What was the rate of return on the investment?

Answered: 1 week ago

Question

★★★★★

In this exercise, you will complete the Restaurant Tip application from Chapter 2s Focus on the Concepts lesson. The applications Planning Chart is shown in Figure 3-34. a. Use either a flowchart or...

Answered: 1 week ago

Question

★★★★★

Indicate ethical issues that can arise in clinical psychology research.

Answered: 1 week ago

Question

★★★★★

Theta Corporation reports the following results for the current year: Gross profits on sales . $220,000 Dividends from less-than-20%-owned domestic corporations .. 100,000 Operating expenses 218,000...

Answered: 1 week ago

Question

★★★★★

5. Gore Range Carpet Cleaning is a family-owned business in Eagle-Vail, Colorado, For its services, the company has always charged a flat fee per hundred square feet of carpet cleaned. The current...

Answered: 1 week ago

Question

★★★★★

The company "Carpinteros Inc." produces oversized library shelves. The budget contains the following information: Estimated production for the period - 12 units. STANDARD COST CARD FOR LIBRARY RACKS...

Answered: 1 week ago

Question

★★★★★

Simply put, it gave the impression that things were three times larger than they actually were. He improved the design of the telescope so that it could zoom in eight times and then thirty. The...

Answered: 1 week ago

Question

★★★★★

Makeup product (e.g. any one item such as eyeshadows, foundation etc. ) Hint: How will you obtain feedback about competitors' similar products? Use survey or other method for collecting customer...

Answered: 1 week ago

Question

★★★★★

During July, the following are given: Standard unit price 12.50 Standard Quantity Allowed for actual production 6,300 units Actual unit purchase price Quantity purchased and used for production...

Answered: 1 week ago

Question

★★★★★

An RFP is used for what type of procurement? Give an advantage and a disadvantage of the RFP process

Answered: 1 week ago

Question

★★★★★

You are the area manager of several starbucks and you make all of the decisions regarding land, building, and equipment. Additionally you are responsible for all of the profits of the starbucks in...

Answered: 1 week ago

Question

★★★★★

Based on past experience, Leickner Company expects to purchase raw materials from a foreign supplier at a cost of 1,000,000 marks on March 15, 2016. To hedge this forecasted transaction, the company...

Answered: 1 week ago

Previous Question Next Question