1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ivolga24 [154]
3 years ago
7

Mary promises to give her car to her friend. the friend sells his current car for a fairly low price because he is expecting to

get a nearly new car from his rich and generous friend, fred. mary changes her mind and decides to keep the car. if the friend sues mary, the court most likely will: require mary to give her friend the car because his sale of his car was consideration require mary to pay damages to the friend for any loss he incurred in connection with mary not keeping her promise not require mary to do anything because this was a gift promise require mary to give her friend the car because mary made an illusory promise
Business
1 answer:
elixir [45]3 years ago
4 0
<span>If the friend sues Mary, the court most likely will not require Mary to do anything because this was a gift promise. In order for a gift promise to be enforceable by the law, it should be a contract. And in order for it to be a contract, there should be a consideration received by Mary but in this case, no consideration was received by Mary therefore, the promise is unenforceable.</span>
You might be interested in
Bravo inc owns 20,000 of the 40,000 outstanding shares of bello, inc. common stock. During 2021, Bello earns 1,200,000 and pays
stealth61 [152]

Answer:

the  ending balance of the investment account is $870,000

Explanation:

The computation of the ending balance of the investment account is shown below:

= Beginning balane + [(earns - dividend) × (owns shares ÷total shares)]

= $750,000 + [($1,200,000 - $960,000) × (20,000 ÷ 40,000)]

= $750,000 + $120,000

= $870,000

Hence, the  ending balance of the investment account is $870,000

4 0
3 years ago
Joseph runs a popular cafeteria chain. He currently has three branches in the city. He plans to enter a franchise contract with
vekshin1

Answer:

B. business format franchise

Explanation:

Under the business format model, the franchisee adopts the entire business operating systems of the franchisor. It means that the franchisee uses the franchisor's trademark, plans, and procedures. Goods and services offered by the franchisee will be identical and will bear the same prices as those of the franchisor.

Joseph plans to operate a business format model of a franchise. The franchisee will have to meet Joseph's standards of operations. For that to happen, Joseph must provide the following.

  1. Initial training
  2. Standardize build-out plans
  3. Operations manuals
  4. Continuous support
  5. Point-of-sale system education
  6. Key functionalities

Joseph has a responsibility to ensure the franchisee adhere to the standards agreement. It means he will have a supervisory role in management for the franchisee.

In return, Joseph will be earning commissions from each franchisee based on the income of each of them.

3 0
3 years ago
Thomas Joslin was judged at fault in an automobile accident. Three others were awarded damages of $156,000, $75,000, and $69,000
Mrrafil [7]
$69.000 because it’s an less amount
6 0
3 years ago
Need help fast!!!!!!!! :(
Margaret [11]

Answer: Compound interest pays interest on the principal and the interest earned in each period.

Explanation:edge 2020

6 0
3 years ago
A code of conduct ________. select one:
natta225 [31]
A code of conduct gives employees guidance on how to handle themselves in challenging ethical situations
8 0
3 years ago
Other questions:
  • What economic measurement would most likely rise before falling when transitioning state owned businesses to privately owned bus
    6·2 answers
  • 15-year bonds 2 years ago at a coupon rate of 7.3 percent. The bonds make semiannual payments. If these bonds currently sell for
    10·1 answer
  • A country has a total civilian population (over age 16) of 300 million. Of this population, 225 million are employed, 25 million
    6·1 answer
  • Why does an excise tax on gasoline exist? Check all that apply.
    7·1 answer
  • Which metric is based on the relationship between the revenue produced by a specific customer, the expenses incurred in acquirin
    5·1 answer
  • MANAGING YOUR FINANCES IS A DAILY OR WEEKLY ACTIVITY FOR FINANCIAL WELLBEING, xplain 2 PROFESSIONAL DEVELOPMENT ACTIVITIES YOU C
    7·1 answer
  • Based on what you learned in The Power of the Informal Economy video, what is the informal economy and how many people in the wo
    8·1 answer
  • Professional social media sites can also help employers find you. When you create an account, you describe your work history in
    8·2 answers
  • I attached a pic of my question, pls help.
    8·2 answers
  • How is the advancement of technology blurring the lines between humans and non- humans?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!