User Account

All Pages

Ground that the debt has been discharged

Assignment Help Business Management
Reference no: EM131995319

1) Thelma owes Louise $100,000 which was due on April 1st. On April 15th, Thelma offers to pay Louise $75,000 if Louise will agree to accept the $75,000 in full satisfaction of the debt. Louise agrees and Thelma pays $75,000. Louise then sues Thelma for the remaining $25,000. Thelma defends on the ground that the debt has been discharged.

2) Thelma owes Louise $100,000 due on April 1st. Thelma offers to pay Louise $75,000 on March 1st if Louise agrees to accept the $75,000 as full payment of the debt. Louise agrees. Thelma pays Louise the money on March 1st. Louise accepts the $75,000 and sues Thelma for the remaining $25,000. In this case,

Reference no: EM131995319

Questions Cloud

Fewer management responsibilities : Analyze the claim Pam may have, including remedies that she could seek.
Contract in the name of partnership to lease new premises : Ingrid entered into a contract in the name of the partnership to lease new premises. The rent was $200,000 per year for a five year term.
What type of company would best suit purposes : Should the group decide to operate as a company what type of company would best suit their purposes, and why?
Identify one of ethical vigilance communicated : Then discuss in depth why this concept is or is not a good guideline in making ethical decisions. Please elaborate why it is or isn't.
Ground that the debt has been discharged : Louise then sues Thelma for the remaining $25,000. Thelma defends on the ground that the debt has been discharged.
What common law of contracts can i incorporate : In the below scenario, is Todd entitled to the two amounts he's claiming for James? What common law of contracts can I incorporate?
Leading object exception apply : Rafferty asserts the defense of the Statute of Frauds. Should it apply or should the main purpose/leading object exception apply? Sort of confusing.
What is consideration : What is consideration? Does consideration need to be equal to market value before it is considered to be vaild?
Explain how the selected rule supports analysis : Your rules must be specific and you should clearly explain how the selected rule supports your analysis.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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