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erica [24]
3 years ago
5

Smithers is retiring after working for Springfield International for 20 years. Upon hearing the news of his retirement, the pres

ident of the company announces at the annual company picnic that Smithers will receive a bonus of $250,000 for his exceptional services over the years when he retires. But upon retiring, Smithers isn't paid the bonus. He decides to sue the company to recover the promised bonus.
Which of the following is true of this case?
a.Smithers will lose because of past consideration
b.Smithers will lose because of unjust enrichment
c.Smithers will win because of misrepresentation
e. Smithers will win because bonuses are legal
Business
1 answer:
Kobotan [32]3 years ago
5 0

Answer:

The answer is: A) Smithers will lose because of past consideration

Explanation:

Past consideration in contract law refers to acts that were done before the contract was made. Since those acts were already performed, they are not affected by the other party´s actions or promise of actions.

Smithers had already worked for the company for 20 years (and received a salary for doing so), so his prior work cannot be part of a new contract with the company.

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A local finance company quotes an interest rate of 17 percent on one-year loans. So, if you borrow $34,000, the interest for the
Serga [27]

Answer:

Company quotes an interest rate 17 percent on one-year loans.

Explanation:

Borrow value=$34000

interest rate of company in one year=17 percent

Total interest in a year =$34000×\frac{17}{100}

total interest=$5780

Total payment in one year=$34000+$5780

Total payment=$39780

You will pay $39780/12 or $3315.00/month according to company statement.

6 0
3 years ago
Question 3 of 20
Nat2105 [25]
I think that the answer would be D
5 0
4 years ago
Acquiring a government job based on political loyalty, without regard to ability, is called
umka2103 [35]
Acquiring a government job based on political loyalty, without regard to ability, is called <span>political patronage.

Hope this helps you! :-)</span>
6 0
3 years ago
Eight-year-old Ella can use scissors to cut small paper dolls out of craft paper, something she could not do at age three. What
Romashka [77]

Answer: Increased myelination of the central nervous system

Explanation: skill in performing tasks, especially with the hands is what is known as dexterity. According to the question Eight-year-old Ella can use scissors to cut small paper dolls out of craft paper, something she could not do at age three was due to her Increased myelination of the central nervous system. Her dexterity has improved, Myelin has enabled her nerve cells to transmit information faster and allows for more complex brain processes

3 0
4 years ago
the value of the marginal product of any input is equal to the marginal product of that input multiplied by the:_____.
charle [14.2K]

The value of the marginal product of any input is equal to the marginal product of that input multiplied by the: <u>market price</u>  of the output.

<h3>How to find the marginal product?</h3>

The marginal product can be defined as the change that occur due to the  addition of an output to  a unit of  input .

The value of marginal product can be calculated by making use of this formula

Value of Marginal Product = Marginal physical product × Average revenue price of the product.

Therefore the statement that complete the statement is market price  of the output.

Learn more about marginal product here:brainly.com/question/14867207

#SPJ1

6 0
1 year ago
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