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stiv31 [10]
4 years ago
12

Ben hired Lewis to drive his car in a race. Tuan, a friend of Lewis, promised to pay Lewis $3,000 if he won the race. Lewis won

the race, but Tuan refused to pay the $3,000. Tuan contended that no legally binding contract had been formed because he had received no consideration from Lewis for his promise to pay the $3,000. Lewis sued Tuan for breach of contract, arguing that winning the race was the consideration given in exchange for Tuan’s promise to pay the $3,000. What rule of law discussed in this chapter supports Tuan’s claim? Explain.
Business
1 answer:
qaws [65]4 years ago
8 0

Answer:

Consideration contract.

Explanation:

Consideration is basically the fact that Lewis never offered something in consideration to Tuan for his offer to pay the $3,000, this means that both parties need to have a benefit from the agreement and both should have a detriment, if only one party has a benefit that is considered a gift, and the law can´t force someone to gift something. This is why Tuan claim is correct and he isn´t forced to pay the $3,000 to Lewis.

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B. Products featured in a producer’s ad campaign.
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Intellectual ___________ is intangible creative work that is embodied in physical form and includes copyrights, trademarks, and
Reika [66]

Answer:

The correct answer is property.

Explanation:

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The intangible nature of these properties makes it difficult to manage as compared to physical property.

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4 years ago
________ databases are the most commonly used electronic databases.
irina [24]

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3 years ago
You manage an equity fund with an expected risk premium of 13% and a standard deviation of 44%. The rate on Treasury bills is 6.
Nady [450]

Answer and Explanation:

The computation of the expected return and the standard deviation is given below:

the expected return is

= $90,000 × 13% + $60,000 × 6.6%

= $15,660.00

And,

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= $90,000 × 13% × 44% + $60,000 × 6.6%

= $5,148 + $3,960

= $9,108.00

In this way it should be calculated

8 0
3 years ago
I feel no shame in saying that I believe in the idea of "blood for blood." In my opinion, death penalty should be made mandatory
bezimeni [28]

D. ad populum

when he says, "I'm not alone in this opinion. ... 74% of Americans agree with me.", he's implying his opinion is right just because it's popular. that's what an ad hominem argument is.

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