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QUESTION 1 -
Consider the following situations and indicate whether consideration is present and whether Jack has an enforceable agreement:
a) Jane is going overseas and she offers to give her Lotus Super 7 sports car to Jack. The market value for this type of vehicle in good condition is around $25 000. Jack accepts.
b) Jane offers to sell Jack her Lotus Super 7 sports car for $25 000. The market value for this type of vehicle in good condition is around $25 000. Jack accepts.
c) Jane offers to sell Jack her Lotus Super 7 sports car for $2500. The market value for this type of vehicle in good condition is around $25 000. Jack accepts.
QUESTION 2 -
A shipbuilder had contracted to build a tanker for North Ocean Tankers. The contract was in US dollars and didn't contain any provisions for currency fluctuations. Approximately halfway through construction of the ship, the United States devalued its currency by 10 per cent. As the shipbuilder stood to make a loss on the contract, it demanded that an extra US$3 million be paid or it would stop work. The buyer reluctantly agreed under protest to pay, as he already had a charter for the tanker and it was essential that it be delivered on time. The buyer didn't commence action to recover the excess payment until some nine months after delivery. Will the buyer succeed in recovering the excess?
What is the Fair Sentencing Act of 2010(FSA) and why was the Act necessary? What did it accomplish? Did the new Sentencing Act go too far, or not far enough to correct pass sentencing disparities
primary task response within the discussion board area write 500-750 words that respond to the following questions with
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Tom owned a computer business. Sue was a friend of Tom's and visited him on July 1, 2013; they each consumed 10 beers. Sue offered to sell Tom 10 computers for $50,000. Sue said that Tom nodded his head after she made that offer. Sue also agreed to p..
the discussion board is part of the core of online learning. classroom discussion in an online environment requires
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Read the call-of-the-question carefully, and follow the instructions for each subject. Prepare four briefing papers using the APA format for research papers, and upload them as one document for your response.
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