Answer: Laws are a set of rules and regulations enforced by the government or authorities while ethics are morals and principles adapted by society from the environment. Laws are a must to be followed while ethics are values to be considered to be a positive attitude to follow.
Explanation:
Question Completion:
1. Was the contract a bilateral or a unilateral contract?
2. Does Chenard win?
3. Is it ethical for Marcel Motors to refuse to give the automobile to Chenard?
Answer:
Chenard v. Marcel Motors, 387 A.2d 596, 1978 Me. Lexis 911 (Maine 1978)
1. A unilateral contract existed when Marcel Motors made the offer to any golfer who shot a hole-in-one for a new 1974 Dodge Colt.
2. Chenard wins. Marcel Motors is obliged to supply him with the new 1974 Dodge Colt as promised because Chenard completed the stated task by shooting a hole-in-one. Chenard wins, not because of his fee or participation in the golf tournament, he wins because Marcel Motors is obliged to fulfill its promise.
3. It is not ethical for Marcel Motors to refuse to give the automobile to Chenard. It was not forced to make the promise. No excuse, including illegality under gambling, could not exonerate it from its obligation to fulfill its promise.
Explanation:
According to the law, a unilateral contract is a contract agreement in which, for example, Marcel Motors promised to offer a new 1974 Dodge Colt to a golfer after the golfer had shot a hole-in-one. In this unilateral contract, the offeror (Marcel Motors) was the only party with a contractual obligation. Unilateral contracts are primarily one-sided but remain very legal.
All of your emotions can influence your driving
Answer: Total revenue is the total receipts a seller can obtain from selling goods or services to buyers. It can be written as P × Q, which is the price of the goods multiplied by the quantity of the sold goods. Cost received by sellers from buyer by selling number of products is known as TOTAL REVENUE.
Explanation: I hope this helps!
