Contract based on the statute of frauds

Assignment Help Business Law and Ethics
Reference no: EM131109747

Hillary made an oral agreement to sell her car to Rudy for $1,000. The keys and money were exchanged the next day. Soon afterward, Rudy experienced problems with the car and tried to rescind the contract based on the statute of frauds. Will he be successful? Justify your response.

Reference no: EM131109747

Questions Cloud

Comprehensive manner the various logistics decision areas : This case illustrates in a comprehensive manner the various logistics decision areas beginning at the interface between production and distribution, and working forwards and backwards into these two areas.
What do differing state income tax rates or lower taxes : What do differing state income tax rates (some states have none) tell you about the effect of higher or lower taxes on levels of employment/unemployment, why?
Provide a brief description of the project or program : A cost-benefit analysis (CBA) and cost-effective analysis (CEA) provide valuable information for individuals responsible for financial planning. These tools are also helpful in health care organizations. The principles of CBA and CEA can also be a..
What potential impacts of flat world for student performing : What are the potential impacts of a flat world for a student performing a job search? How might this impact your own job search? What can you do to prepare yourself for competing in a flat world?
Contract based on the statute of frauds : Hillary made an oral agreement to sell her car to Rudy for $1,000. The keys and money were exchanged the next day. Soon afterward, Rudy experienced problems with the car and tried to rescind the contract based on the statute of frauds. Will he be ..
For spicial moments to more of a mainstream positioning : How can Heineken move beyond being the premium beer for spicial moments to more of a mainstream positioning that will build volume ?
Important to managing stakeholder expectations : 1. Using the Excel template provided, review the Process Group and Knowledge Area matrix. At each intersection in the matrix, identify key supporting documents discussed in your readings to date.
Discuss in the light of company act and relevant cases : The principle or concept of separate legal entity or personality has played a crucial role inthe development of company law. The application of the principle in Malaysia. Discuss in the light of Company Act 1965 and relevant cases
Examples of abstractions commonly used in business : 1. Abstract reasoning. a. Define abstract reasoning, and explain why it is an important skill for business professionals.

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd