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erica [24]
4 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]4 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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In dangerous professions like law enforcement and construction women are
Art [367]

It would be C because women are thought to be physically weaker and not as useful as men. Women can be useful but in certain professions its a lot harder for them. Also men tend to be more willing to work when they get injured or such.

6 0
3 years ago
Paxson began 2014 with an inventory T-account debit balance of $22,000. In 2014, its inventory purchases amounted to $42,000, an
sveta [45]

Answer:

$46,000

Explanation:

Note: The balance sheet is shown in the attachment. Kindly find it below:

The computation of the cost of goods sold expense is shown below:

Cost of goods sold = Opening inventory + Purchase - ending inventory

where,

Opening inventory = $22,000

Purchase = $42,000

And, the ending inventory is $18,000

So, the cost of goods sold is

= $22,000 + $42,000 - $18,000

= $46,000

Basically we applied the above formula to find out the  cost of goods sold expense in 2014

7 0
4 years ago
The Phantom Corporation started 6,700 units during February. Phantom started the month with 890 units in process (40% complete)
bagirrra123 [75]

Answer:

7,000 units

Explanation:

The units which were transferred to the Finished goods inventory during the month of February is computed as:

Units transferred to Finished goods inventory = Started units during February + Started the month with units in process - Ended the month with units in process

where

Started units during February is 6,700

Started the month with units in process is 890

Ended the month with units in process is 590

Putting the values above:

Units transferred to Finished goods inventory = 6,700 + 890 - 590

Units transferred to Finished goods inventory = 7,590 - 590

Units transferred to Finished goods inventory = 7,000

4 0
4 years ago
Select all of the examples of employee benefits.
swat32
Definitely 3 and I believe number 1 as well. I know for sure that 2, 4 nor 5 are not examples of employee benefits.
8 0
3 years ago
Andrew industries purchased 161,000 of raw materials on account in the month of March
olasank [31]
What’s the question?
4 0
3 years ago
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