User Account

All Pages

Can adam enforce the original agreement to pay a month

Assignment Help Macroeconomics
Reference no: EM132879054

Question 1: In August 2019, Adam Sanders wanted to lease an apartment in Paramus, New Jersey for 2 years, while he attended legal studies classes at BCC. He found a great place near the school and made a verbal agreement with the landlord to pay $950 per month for 24 months beginning September 1, 2019. In January 2020, the landlord told Adam that he was increasing the rent to $1500 a month. Can Adam enforce the original agreement to pay $950 a month? Why or why not.

Reference no: EM132879054

Questions Cloud

Differences in bottom-up and top-down estimating approaches : What are the differences between bottom-up and top-down estimating approaches? In what situation would you prefer one to the other?
Was john smith offer enforceable : Gary Jones was employee of ABC Corporation for 25 years. Two years later, Gary retires but does not receive the bonus. Was John Smith's offer enforceable? Why?
Has a binding contract been formed and why : Elizabeth, $ 25,000 if she promises not to use any illegal drugs while she is attending college. Has a binding contract been formed? Why?
Great potential in the commercial market : Although this product is being targeted at the home consumer, the sales department thinks there is great potential in the commercial market,
Can adam enforce the original agreement to pay a month : Adam Sanders wanted to lease an apartment in Paramus, Can Adam enforce the original agreement to pay $950 a month? Why or why not.
Service type businesses and product type businesses : What supply chain management refers to and how it might differ between service type businesses and product type businesses,
How do administrative agencies impact businesses : How do administrative agencies impact businesses? Which U.S. Constitutional law effect businesses the most? Analyze 2 differences between civil and criminal law
List the things the consulting team needs to address : List the things the consulting team needs to address so they will operate effectively. What process or technique would you suggest be used to address issues
Mitigating risk factors : The vendor that you hired is not performing. Identify the risk response that is the most appropriate for this risk (avoid, transfer, mitigate, or accept),

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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