Preventing promissors from raising legal defenses

Assignment Help Business Law and Ethics
Reference no: EM131008318

Protects persons who rely on the promises of others by preventing promissors from raising legal defenses to the enforcement of their promises despite the fact that technically, no enforceable contract exists;exact elements: a promise made by a promisor, foreseeable, reasonable and justifiable reliance by the promisee, and resulting legal detriment

Reference no: EM131008318

Questions Cloud

Find the monthly payment : The Smith's family takes out a 30-year mortgage at 4.25% compounded monthly after putting 20% down to buy a home valued at $220,000. Find the monthly payment
Considered to be an offer : Considered to be an offer, the offeror may reject any time before acceptances, the offeree is free to reject or accept
Regression model to predict february charges : a) Build a regression model to predict February charges from January charges. b) How much, on average, will cardholders who charged $2000 in January charge in February?
What is the amount of cash laroe paid to suppliers : What is the amount of cash LaRoe paid to suppliers of merchandise during the reporting period if its cost of goods sold was $25 million?
Preventing promissors from raising legal defenses : Protects persons who rely on the promises of others by preventing promissors from raising legal defenses to the enforcement of their promises despite the fact that technically, no enforceable contract exists;exact elements: a promise made by a promis..
Summarize distribution graphically by constructing histogram : Suppose that no student had an educational debt of $150,000 or more upon completion of his or her residency, so that the last class in the relative frequency distribution would be 100,000 to 150,000. Summarize this distribution graphically by cons..
Jack is a licensed real estate agent : Jack is a licensed real estate agent.  Sally must leave immediately for a new job overseas and enters into a written agreement with Jack for him to sell her townhouse in Subiaco for the best price obtainable within one month.  She tells Jack that she..
Interval for the average fuel efficiency : Create a 95% confidence interval for the average fuel efficiency among cars weighing 2500 pounds, and explain what your interval means.
Sherriane baby products salaries expense : Prepare a summary entry that represents the net effect of salaries expense incurred and paid during the reporting period.

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Calculate the npv for both conveyor belt systems

Hagar Industrial Systems Company (HISC) is trying to decide between two different conveyor belt systems. System A costs $212,000, has a four-year life, and requires $68,000 in pretax annual operating costs.

  How do these shows or events present each component

How do these shows or events present each component? Are the images positive or negative concerning criminal justice professionals? Why? What stages of the criminal justice process are depicted in these programs? Why do you think the focus is on thes..

  Evaluate trends significant to the industry and company.

a competitive analysis. Use the top two competitors plus the company selected from the list above or the list provided by the instructor

  Discuss the domestic violence act

'Discuss the in which the Domestic violence act 1996, as amended, has significantly improved protection against domestic violence

  Discuss how technologies or information systems

Discuss how technologies or information systems have contributed to the problem and how you will propose technology be implemented into the solution

  Description of the visual pictures to be used in commercial

Design a political commercial. You will need to have a transcript of the text and a clear detailed description of the visual pictures to be used in your commercial. Your commercial should take a strong position and discuss the advantages and disad..

  What elements are necessary for a ucc contract

Let's start by discussing what you learned in the Battle of the Forms presentation: what elements are necessary for a UCC contract to be formed

  Portrays a typical state court systemthe highest court in a

portrays a typical state court system.the highest court in a state court system it hears appeals from intermediate

  A business planner and accountant

You are a business planner and accountant. Part of your expertise is in helping prospective business owners evaluate the various manufacturing and supplier options available based on the product they manufacture. You have a long history of wor..

  Free mobile phone for every reader

A newspaper advertises as follows: 'Free mobile phone for every reader. Conditions apply'. The conditions referred to are in smaller print than the rest of the advertisement. It is a condition of the offer that anyone accepting must take out a servic..

  What role does international competition have

What role does international competition have on business ethics

  Describe the basic steps in the policy-making process

Describe the basic steps in the policy-making process. At what stage in the development of correctional policies is it most important to consider the impact of the U.S. Constitution on those policies? Explain

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