Define contract to sell a rare painting to laura

Assignment Help Other Subject
Reference no: EM131624803

1) Anthony makes a contract to sell a rare painting to Laura for $100,000. The written contract specifies that if Anthony should fail to perform the contract, he will pay Laura $5,000. as liquidated damages. Anthony fails to deliver the paining and is sued by Laura for $5000. Can she recover this amount? Explain using IRAC

2) In February or March, Corning Glass Works orally agreed to retain Hanan as management consultant from May 1 of that year to April 30 of the next year for a present value fee of $200,000. Was the agreement binding? Is this decision ethical? (Hanan v. Corning Glass Works, 314 N.Y.S.2d 804 )

Reference no: EM131624803

Questions Cloud

Individual securities or mutual funds : Discuss the type of individual securities or mutual funds that you believe are suitable for an aggressive investor whose primary investment goal is capital.
Compute the equivalent units of production : Compute the equivalent units of production for October, assuming that the company uses the weighted-average
What is the project average accounting return : If the plant has projected net income of $1,754,000, $1,820,500, $1,716,3000, and $1,097,400 over these four years.
What is the margin of safety in dollars : what is the margin of safety in dollars hat is the margin safety percentage what is the degree operating leverage
Define contract to sell a rare painting to laura : In February or March, Corning Glass Works orally agreed to retain Hanan as management consultant from May 1 of that year to April 30 of the next year
Based on your risk tolerance : Based on your risk tolerance, provide at least three (3) examples of the types of instruments in which you should invest.
How does poverty influnces the behaviors of an individual : How does poverty influnces the behaviors of an individual, what is the impact on the broader community? One counterargument and ideas for rebuttal.
Discuss the topics of evidence-based practice : Discuss the topics of evidence-based practice and practice-based evidence and their roles in providing practitioners useful information.
Definition and example of these types of cost : Another type of cost is the opportunity costs, what is the definition and example of these types of cost.

Reviews

Write a Review

Other Subject Questions & Answers

  Describe type of quantitative research that was conducted

Describe the type of quantitative research that was conducted: non-experimental, experimental, quasi-experimental; cross-sectional or longitudinal.

  Describe the importance of indicators in public health

Describe the importance of indicators in public health, and the related stakeholders. Explain issues pertinent to the strategic planning process in the monitoring and controlling of health outcomes.

  What current federal public nuisance laws

What current federal public nuisance laws should be converted to private nuisances? why?

  American dream consists of dreams of one generation for next

To a great extent the American Dream consists of the dreams of one generation for the next. But in the period we're dealing with a resistance to this process begins to emerge, as the younger generation begins to receive the dream as a nightmare.

  Brief rendition of the facts

The briefs should be typed and concise (1/2 to ¾ page, single spaced). Briefs for cases assigned consist of a brief rendition of the facts (about 5 sentences), the most relevant legal Issue, the Rule of law applied in the case (a somewhat general ..

  Informative essay about the field of psychology

Psychology Essay: Informative Essay about the field of Psychology. For the essay, you will need to integrate a minimum of 2 sources from any or all of the three article databases. Remember that an informative essay does not include the writer's fee..

  How character socrates defeat cephalus accounts of justice

How does the character Socrates defeat Cephalus' and Polemarchus' accounts of justice? Why does Plato bother to consider these views?

  Describe the data that you have collected

You need to submit a report about this project. The report should include the following components: Describe the data that you have collected

  The heightened competition is taking place among hospitals

one of the trends marking the continuing transformation of the u.s. health care industry is the dramatic increase in

  Functions of each of the four lobes of the cerebral cortex

Discuss the functions of each of the four lobes of the cerebral cortex. Explain the potential effect of damage in each of the four areas.

  Mccloud theory of a path

Assume McCloud’s theory of a path of six steps is true. Reading this as broadly as you are able, what step do you think you have spent most of your time on this semester (in your classes in general)

  Describe initial reaction to finding out top five strengths

Describe your initial reaction to finding out your top five strengths. Explain how your top five strengths relate to your leadership style. Determine how they relate to the key functions you would need to perform as a manager.

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!

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