User Account

All Pages

Advise sam with respect to the payment of the deposit

Assignment Help Business Law and Ethics
Reference no: EM131821115

Question - Sam, searching for other land to purchase, bumped into a friend who wanted to sell his house. Sam and his friend negotiated by-mail and, after a series of emails, reached a clear unequivocal agreement for a simple contract for the sale of the land. Sam telegraphically transferred a deposit to his friend's bank account. In your opinion;

(a) Is it probable that an enforceable contract for the sale of land has been created?

(b) Advise Sam with respect to the payment of the deposit?

Reference no: EM131821115

Questions Cloud

Difference in the proportion of college graduates : Construct and interpret a 95% confidence interval for the difference in the proportion of college graduates who were unemployed in these two years.
Should the new machine be purchased based on the NPV method : If Berradi purchases the new machine, it will use it for 10 years and then trade it in on another machine. The company computes depreciation on a straight-line.
Determine the total amount of manufacturing overhead : Kennedy Company reports the following costs and expenses. Determine the total amount of manufacturing overhead. Determine the total amount of product costs.
Confidence interval computed in the previous exercise : Is the confidence interval from Part (a) wider or narrower than the confidence interval computed in the previous exercise?
Advise sam with respect to the payment of the deposit : Sam, searching for other land to purchase, bumped into a friend who wanted to sell his house. Advise Sam with respect to the payment of the deposit
List the potential adverse impact of each of these options : How does demand-based aggregate planning differ from capacity-based aggregate planning?briefly describe the two common demand-based options.
Importance of science and mathematics in the school : Public Agenda conducted a survey of 1379 parents and 1342 students in grades 6-12 regarding the importance of science and mathematics
Estimate the difference in the proportion of children : Use the given data to estimate the difference in the proportion of children who get sick with the flu after being vaccinated with an injection.
Discuss industry examples of pricing using target costing : Discuss industry examples of pricing using target costing. Is it possible to lower your cost of goods sold like optimize the quality of the medical product?

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd