Explain the specific elements of a contract

Assignment Help Business Management

Reference no: EM1360543

Rosalie, a wealthy widow, invited an acquaintance, Jonathan, to her home for dinner. Jonathan accepted the offer and, eager to please her, spent lavishly in preparing for the evening. His purchases included a new blazer, new shoes, and expensive floral arrangement, and champagne. At the appointed time, Jonathan arrived at Rosalie's house only to find that she had left for the evening. Jonathan wants to sue Rosalie to recover some of these expenses. Can he? Why or why not? Discuss the specific elements of a contract and discuss concepts such as the elements of consideration, definiteness of offer, and promissory estoppel.

Reference no: EM1360543

Questions Cloud

Explain a project consists of multiple phases : Explain A project consists of multiple phases and Which of the following is a valid statement and applies to each phase of the project?

What are the magnitude and direction of the net force : A circuit contains six 240 ohm lamps with 60 W bulbs and a 10 ohm heater connected in parallel. the voltage across the circuit is 120 V. If the circuit has a fuse rated at 12 A, would it melt if everything is on.

Managing projects in different locations : What are the differences and similarities among managing an international project, an offshore project, and a domestic project?

Elucidate how the solow growth model differs from models : Elucidate how the solow growth model differs from models of endogenous growth with respect to the sources of technological progress and returns to capital.

Explain the specific elements of a contract : Explain the specific elements of a contract and discuss concepts such as the elements of consideration and definiteness of offer, and promissory estoppel.

Discuss external reporting purposes : The Smith Company disclosed $1.2 million as extraordinary loss on its internal income statement this year. The footnotes to financial statements disclose following occurrences this year:

Discussion on public policy analysis : What is the value of sharing these potential alternatives with legislators when determining departmental budgets for an upcoming year?

Illustrate what is mandy optimal consumption : The interest rate is 25% (0.25), and there is no inflation. Illustrate what is Mandy's optimal consumption in period 1.

Explain the situation and how you dealt with him or her : Explain the situation and how you dealt with him or her and Using the advice given by the author of the article, what can you do the next time you encounter a person of this type?

User Account

All Pages