User Account

All Pages

Business law and taxation - binding contract

Assignment Help Taxation
Reference no: EM13532563

Ahmed  Mansoor and his family owned an old home in Nizwa  that was in need of painting and some other repairs. Ahmed Mansoor was a junior partner with a law firm and his wife, Sumaiya, worked part-time at the elementary school where their two younger children were also studying. One morning after dropping off the kids at school, Sumaiya noticed painters at their house. She sent her husband a text asking if he had hired painters. When she learned that her husband had not hired the painters, she decided to turn around and go shopping before going back to the school.

Khalifa Ahmed, a sixteen-year-old son, stayed home from school because he didn't feel well. At 6-feet-tall and 220 pounds, Khalifa looked he was in his early twenties. When the foreman rang the doorbell, he answered. The foreman said "We are here to paint your house today, is that ok?" Khalifa replied, "Sure, as long as I don't have to help you." The foreman asked him to sign some paperwork and he complied.

After the younger kids finished school for the day, the mother took them to the park after which met Ahmed Mansoor for an early dinner. When the family arrived home, the painters were just finishing and the foreman asked, "So Mr. and Mrs. Mohammed, how does it look?" Ahmed and his wife were surprised and asked them "Who is Mohammed?" The painters told them that Mohammed lived next door and wanted his house painted. The foreman demanded payment from Ahmed Mansoor reminding him that the gentleman inside the house gave them both verbal and written approval for the painters.

Based on the scenario, write a detailed report by incorporating the following tasks:

A critical discussion on:

  • Was Khalifa Ahmed's signature on the paperwork considered a binding contract? Why or why not?
  • Should Ahmed Mansoor be responsible for the bill? Why or why not?

Ensure that you analyze the case by applying the following elements of a contract.

  • Possible types of contract applicable
  • Essentials of an Offer
  • Acceptance
  • Consideration
  • Capacity of parties
  • Genuineness of Assent
  • Breach of contract

Verified Expert

Reference no: EM13532563

Questions Cloud

Explain 3-methylcyclohexene to a drop of product : Identities of the components in a mixture may be determined by a technique called spiking. Suppose you had run a gas chromatogram on your product and had then deliberately added a drop of a known sample of 3-methylcyclohexene to a drop of your pro..
Detail the mechanics of how a bird breathes : Describe in detail the mechanics of how a bird breathes. In yourdescription, be sure to indicate the differences between avianrespiration and human respiration. To aid you in this process youmust draw and label a diagram of the bird's respiration org..
Overall operation and functioning of our lymphatic system : Describe the overall operation and functioning of our lymphatic system. Be sure to highlight the function of the nodes within this system.
Define how many grams of na 2 s0 4 be added to sulfuric acid : How many grams of Na 2 S0 4 (FM 142.04) should be added to how many grams of sulfuric acid (FM 98.08) to give 1.00 L of buffer with pH 2.80 and a total sulfur (= SO- + HS0 4 + H 2 S0 4 ) con- centration of 0.200 M
Business law and taxation - binding contract : Was Khalifa Ahmeds signature on the paperwork considered a binding contract and should Ahmed Mansoor be responsible for the bill? Why or why not?
Do chytridiomycota-zygomycota and ascomycota : Do Chytridiomycota, Zygomycota, Ascomycota, and Basidiomycota have Instant or delayedkaryogamy?
The closing entries for net income and dividends : Journalize the transactions and the closing entries for net income and dividends.
Define the peregrine falcon has been measured : The peregrine falcon has been measured as traveling up to 350 km/hr in a dive. If this falcon could fly to the Moon at this speed, how many seconds would it take
What is the average force on the shoulder : An automatic weapon can fire 68 bullets per minute at V = 290 m/s. If each bullet has a mass M = 40 g, what is the average force in N on the shoulder

Reviews

Write a Review

Taxation Questions & Answers

  Taxable income

Determine taxable income before considering expense.

  Prepare a tax research memo

Prepare a tax research memo to the file that addresses the issues you feel are most relevant to Mimi's various issures.

  Income by ordinary concepts

Explain what is meant by income by ordinary concepts

  Identify the tax issues

Identify the tax issues that are raised and the relevant sections of the legislation. Identify any cases and other sources of law or information that apply.

  Calculate carolines taxable income

Calculate Carolines taxable income

  Taxation – law and practice

Show the tax issues that are raised and the relevant sections of the legislation.

  Payment to the taxpayer

Brief statement in your own words of the facts of the cases.

  Prepare regular corporation tax return

Prepare the C Regular Corporation Tax Return for the Lawson And Norman Enterprise

  Taxation law

Advise the participants in the ‘barter' system of the income tax implications, if any, of participating in the system.

  A tax on cigarettes is a good way of raising tax revenue

Discuss- A tax on cigarettes is a good way of raising tax revenue for the government

  Prepare the required journal entry

Prepare the required journal entry to record the tax expense

  Calculate barbs taxable income

Calculate Barb's taxable income? What nonrefundable credit is Barb eligible for based on the information you have?

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