Did the parties have an enforceable contract

Assignment Help Business Law and Ethics
Reference no: EM131659083

Question: Oral Contracts. Robert Pinto, doing business as Pinto Associates, hired Richard MacDonald as an independent contractor in March 1992. The parties orally agreed on the terms of employment, including payment to MacDonald of a share of the company's income, but they did not put anything in writing. In March 1995, MacDonald quit. Pinto then told MacDonald that he was entitled to $9,602.17-25 percent of the difference between the accounts receivable and the accounts payable as of MacDonald's last day. MacDonald disagreed and demanded more than $83,500-25 percent of the revenue from all invoices, less the cost of materials and outside processing, for each of the years that he worked for Pinto. Pinto refused. MacDonald filed a suit in a Connecticut state court against Pinto, alleging breach of contract. In Pinto's response and at the trial, he testified that the parties had an oral contract under which MacDonald was entitled to 25 percent of the difference between accounts receivable and payable as of the date of MacDonald's termination. Did the parties have an enforceable contract? How should the court rule, and why? [MacDonald v. Pinto, 62 Conn.App. 317, 771 A.2d 156 (2001)]

Reference no: EM131659083

Questions Cloud

Define types of information that you gained from examining : Contrast the types of information that you gained from examining the two different research approaches in the articles that you selected
Were the plaintiffs justified in relying on the statements : When El-Jay closed soon after they started their new jobs, Meade and the others filed a suit in a federal district court against Cedarapids, alleging, in part.
How has jones asset base changed over time : MFE 6110 - How has Jones asset base changed over time? Will this allow the company to meet consumer demand for their product? Why or why not
How non-verbal differs from verbal communication : Describe a scenario in which a person's nonverbal language says something quite different from the same person's verbal language.
Did the parties have an enforceable contract : In Pinto's response and at the trial, he testified that the parties had an oral contract under which MacDonald was entitled to 25 percent of the difference.
Explain the courts reasoning in deciding the case : The Bretons are sought to cancel the Agreement of Sale of a leasehold interest and for damages.
What is causing the mans disease : A sputum culture grew mycelia and arthroconidia. What organism is most likely the cause of the symptoms? What is causing the man's disease
On what basis might the court refuse to consider evidence : Canopy responded that it could show that the parties had an oral agreement on this point. On what basis might the court refuse to consider this evidence?
Write analysis paper about the highlights of theorys impact : Write an analysis paper about the highlights of theory's impact on public relations - a deeper explanation of the application and/or importance of the theory.

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