1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mkey [24]
3 years ago
14

What was the result on appeal in the Case Opener involving the claim that Michael Jordan owed $5 million based on his agreement

to pay the plaintiff's mother on the premise that he was the father, although it was later determined that the child was not his?
Business
1 answer:
Stolb23 [73]3 years ago
6 0

Answer:

Sometimes our justice system can really surprise us. How can a person sue another individual based on arguments that are known to be false? Shouldn't the courts just say no to this kind of lawsuits?

It's plain common sense that the court would dictate that the agreement should be annulled or rescinded based on the mother's fraud attempt or maybe mutual mistake between Michael Jordan and her. Even if they were both convinced that he was the father, after it was proven that he wasn't, the court shouldn't have even wasted its time (and taxpayers money) with this case.

You might be interested in
On June 27, 2021, Cara Van Travel distributed to its common shareholders 510,000 outstanding common shares of its investment in
Phoenix [80]

Answer:

The correct answer is $255,000.

Explanation:

According to the scenario, the given data are as follows:

Total outstanding shares = 510,000

Shares value before = $3.10

Shares value after deal = $3.60

So, we can calculate the amount of gain on disposal by using following formula:

Gain amount on disposal = Total number of shares × Difference in share value

By putting the value, we get

= 510,000 × ( $3.60 - $3.10)

= 510,000 × $0.50

= $255,000

6 0
2 years ago
What is one of the advantages of buying an existing business
Sloan [31]
Here are several advantages to buying an existing business; Immediate cash flow, existing costumers, suppliers, and financial history.
7 0
3 years ago
To persuade my audience that colleges should adhere to stricter standards when investigating and deciding cases of sexual assaul
Elodia [21]

To persuade my audience that colleges should adhere to stricter standards when investigating and deciding cases of sexual assault on campus is a specific purpose statement for a persuasive speech on a question of Value .

Option E

<u>Explanation: </u>

A persuasive speech is a particular speech where the speaker tries to convince the listener to support its views. The presentation is so structured that the viewer will potentially embrace all or part of the views expressed.

Convincing remarks on important issues require other acts but do not call for action. Convincing meaning terms depend on an evaluation of whether something is correct or incorrect, moral or immoral, or greater or worse than anything else.

The following proposals: truth, meaning and strategy require convincing speeches. Valuable ideas rely on persuading a group that there is something "good or bad," "just," or "wishful or unwelcome," or "right or wrong." "This is the correct way of thinking.

4 0
3 years ago
Nancy and Tonya exchanged assets. Nancy gave Tonya her personal residence with an adjusted basis of $280,000 and a fair market v
azamat

Answer:

Realized gain  $110,000

Recognized gain  $110,000

Explanation:

The computation of the Tonya's realized and recognized gain is shown below:

Amount realized by Tonya (fair market value)  $560,000

Less; Amount given by Tonya

Yacht: adjusted basis  ($250000)

Assumption of Nancy's mortgage  ($200000)

Realized gain  $110,000

Recognized gain  $110,000

7 0
2 years ago
Which of the following is one of the reasons that the supply curve for loanable funds is upward sloping? A lower real interest r
Andru [333]

Answer:

A lower real interest rate makes saving less appealing.

Explanation:

The lower the interest rate, the lower the amount saved and the higher the interest rate, the higher the amount of money saved. There is a positive relationship between interest rate and the supply of loanable funds. This is why the supply curve for loanable funds is upward sloping

4 0
2 years ago
Other questions:
  • A man purchased a magazine at the airport for $ 2.79 . The tax on the purchase was $ 0.15 .What is the tax rate at the​ airport?
    9·1 answer
  • The following information pertains to Trenton Glass Works for the year just ended. Budgeted direct-labor cost: 70,000 hours (pra
    12·1 answer
  • Your grandfather wants to establish a scholarship in his father’s name at a local university and has stipulated that you will ad
    13·1 answer
  • The reason the production possibilities curve is bowed outward (concave) is
    7·1 answer
  • Assume Sybase Software is thinking about three different size offerings for issuance of additional shares. Size of Offer Public
    12·1 answer
  • Firm A issued a $1,000,000 bond with a 20-year term at a discount. If the remaining amount of the discount on bonds payable is $
    12·1 answer
  • Ben and Jerry were currently both producing at point A on their production possibilities frontier and then Ben decided he would
    13·1 answer
  • Wilson, Inc., has a current stock price of $43.00. For the past year, the company had net income of $7,100,000, total equity of
    7·1 answer
  • What is the primary means by which supervisors can determine whether or not employees are complying with?
    5·1 answer
  • The law used by cities and counties for street improvements, in which a typical example would be that the local government hires
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!