Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

would 37. Homer interviewed for a job at the power plant, and Mr. Burns orally 38 offered start on the following Monday, and would be

image text in transcribed
would 37. Homer interviewed for a job at the power plant, and Mr. Burns orally 38 offered start on the following Monday, and would be employed for a minimum of two (2 years. Three weeks later Homer was fired, without cause, and replaced by a him a job on the spot. Homer and Mr. Burns orally agreed that he close friend of Waylon Smithers. -lf Homer sues Mr. Burns for Breach of Contract a. Homer will win because he is a valued employee. b. Homer will lose because he is not a valued employee. C. Homer will lose because of the Statute of Frauds. d. Homer will win because of the Statute of Frauds Homer should have insisted that the agreement be in writing because a. all employment contracts must be in writing bthe agreement can not be completed within one year c. it is not supported by adequate consideration. d. Mr. Burns is a notorious liar On her l8th birthday, Meg's father Peter, told her "Now that you're an adult, I want to take you into the family business. Every Monday, you will collect my winnings from unregulated bets on the NFL games, and I will pay you 10% of everything you collect." When Peter went back on his word, and refused to pay Meg, she sued him for breach of contract. What is the likely result? 39 a. b. c. d. Meg will win because of the Statute of Frauds Meg will win because there was adequate consideration Meg will lose because the contract is void Meg will end up "missing" 40When Alex was 18, Phil told her "I promise to give you $5,000.00 if you don't smoke until you are 21 years old". Alex agreed, and they put the agreement in writing. With the support of Haley, Alex managed to stay smoke free. At her 21st birthday party, after a few beers, Alex tried to collect from Phil, who refused to pay. If Alex were to sue Phil, what is the likely result? a. Alex would win because her agreement is supported by adequate b. Alex would lose because her agreement is not supported by adequate c. The case would be dismissed because the agreement is ridiculous consideration. consideration. Phil would be required to give Haley $5,000.00, also. d. GO ON TO NEXT PAGE: ESSAY QUESTIONS 41 &42

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

Total Quality Auditing

Authors: Amanda Jo Erven

1st Edition

1733784306, 978-1733784306

More Books

Students also viewed these Accounting questions

Question

CL I P COL Astro- L(1-cas0) Lsing *A=2 L sin(0/2)

Answered: 1 week ago