What should be tcps defense

Assignment Help Business Law and Ethics
Reference no: EM133369247

Assignment:

Emily was a sales representative for TCP when TCP announced the details of a bonus plan. The details provided that any sale representative who achieved 100% year-over-year sales growth and a 42% profit margin would earn 200% of his or her base salary as a bonus. However, TCP retained absolute discretion to modify the plan. Emily met the sales and profit benchmarks and therefore expected a bonus of$85,945 based on her base salary of $42,500. However, TCP could not afford to pay that amount and instead paid Emily $35,000. Emily sued TCP for breach of contract. What should be TCP's defense? Will it prevail?

Reference no: EM133369247

Questions Cloud

What are things investigator would point out to employees : What are the things the investigator would point out to the employees, about how to conduct the conversation?
Explain how does trade affect real wages at home : If openness to trade does not affect relative prices at home, explain how does trade affect real wages at home?
Conduct a bicycle tour business : If Jane, John, and Harriet enter into a partnership agreement in order to conduct a bicycle tour business.
Identify the three possible claims of discrimination : Identify the three possible claims of discrimination and state whether they are or are not violations of Title VII of the Civil Rights Act.
What should be tcps defense : However, TCP could not afford to pay that amount and instead paid Emily $35,000. Emily sued TCP for breach of contract. What should be TCP's defense?
Conflict between a law and an ethic : Should an individual disobey the law, or should an individual obey the law even if he or she thinks it would be unethical to do so?
Why is maintaining current knowledge of legislation : What strategies and sources would you use to maintain your current knowledge of legislation relating to real estate practices?
Discuss the right of peter against rubber rata factory : Discuss the right of Peter against Rubber Rata Factory in the above safety and health at work issues, by referring to the relevant statutory laws of Malaysia.
What are some purposes of tort law : What are some purposes of tort law? What is a tort? How does the concept of reasonableness relate to tort law?

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