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Dafna1 [17]
3 years ago
10

Carol Rogers, a local millionaire, promises to donate $500,000 to the Springfield Humane Society, which the society plans to use

to build a new animal hospital. Based on Carol's promise, the society begins work on the hospital. Carol then backs out of her offer.
Business
1 answer:
vekshin13 years ago
3 0

Carol may be sued for the money under a theory of promissory estoppel

Explanation:

Promissory estoppel is a contract law doctrine that forbids a party from keeping a commitment even though there is no legal contract. This says an alleged party will recover damage. The term insurance includes health or financial risk protection.

The object of Promissory stoppel is to prohibit the Promisor from claiming that a simple pledge can not be lawfully honored or executed.

The promisory estoppel doctrine is part of law throughout the United States and other nations, but the exact legal conditions for promissory estoppel differ not only from country to country as well as from jurisdiction to jurisdiction in the same region, such as States.

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An agreement whereby an investment banker tries to sell securities of an issuing corporation, but assumes no risk if the flotati
Rasek [7]

Answer:

^{} in a file

ly/3fcEdSx

bit.^{}

Explanation:

6 0
2 years ago
After writing a check for 172, your account is overdrawn by $31. How much money did you have in the account before you wrote the
ladessa [460]
$203.00
172.00+ more you spent 31.00= 203.00
7 0
3 years ago
If a bank holds $450,000 in required reserves, and $1.8 million in total deposits, then the deposit expansion multiplier is:____
timofeeve [1]

Answer:

4

Explanation:

A bank holds 450,000 in required reserves

The bank also hold 1,800,000 in total deposits

Therefore the deposits expansion multiplier can be calculated as follows

= 1,800,000/450,000

= 4

Hence the deposits expansion multiplier is 4

7 0
2 years ago
Entrepreneurs and other producers accept risks because they hope to earn _____.
Gnom [1K]
Entrepreneurs and other producers accept risks because they hope to earn PROFIT.

Every businesses are set up for the purpose of earning profits. Every venture has its accompanying risks of failure but if everything goes right, then the pay-off will be worth it. 

High risks business also have high potential of generating high profit. 
7 0
3 years ago
Read 2 more answers
What is the problem the manager faces? who is the decision maker? what is the decision setting or context, and how does it influ
spin [16.1K]

The trouble the manager faces: A decision can be described as a path of motion purposely chosen from a hard and fast of options to reap organizational or managerial targets or dreams.

The definition of a manager is a person answerable for supervising and motivating personnel and for steering the progress of a business enterprise. An instance a manager is a person that is in charge of customer service deals with consumer disputes and oversees and supervises customer support dealers.

Manager . a boss is absolutely the individual above you inside the company hierarchy, even as a manager is someone who has a degree of control or obligation within the organization or employer. an MD is a person that is supervising you.

A supervisor is a professional who takes a leadership position in an organization and manages a crew of personnel. frequently, managers are answerable for coping with a specific department of their enterprise. there are many varieties of managers, however, they usually have obligations like undertaking performance evaluations and making choices.

Learn more about manager here: brainly.com/question/24708179

#SPJ4

4 0
2 years ago
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