Is carol bound by her promise to pay the loan

Assignment Help Management Theories

Reference no: EM131377809

Anthony lends money to Frank, who dies without having repaid the loan.

Frank's widow, Carol, promises Anthony to repay the loan. Upon Carol's refusal to pay the loan, Anthony brings suit against Carol for payment. Is Carol bound by her promise to pay the loan?

Reference no: EM131377809

Questions Cloud

Determine the length and diameter of torsion bar : Make a graph showing gravity torque, spring torque, and net torque all plotted against the door-open angle.

Calculate the maximum shear stress : The length of the torsion bar portion is 50 in., and the diameter is 0.312 in. Also, calculate the maximum shear stress.

Create a database schema that supports the companys business : This assignment consists of two (2) sections: a design document and a revised Gantt chart or project plan. You must submit both sections as separate files for the completion of this assignment. Label each file name according to the section of the ..

Explain whether the defendant is obligated to pay : The maximum under the June oral agreement, plus extras and sales tax, totaled $61,040. Explain whether the defendant is obligated to pay only the lower maximum fixed by the October 17 agreement.

Is carol bound by her promise to pay the loan : Frank's widow, Carol, promises Anthony to repay the loan. Upon Carol's refusal to pay the loan, Anthony brings suit against Carol for payment. Is Carol bound by her promise to pay the loan?

Is nancys new promise binding : Thereafter, Nancy refuses to pay. Sharon brings suit to collect on this new promise. Is Nancy's new promise binding? Explain.

What should be the best strategic plan : What should be the best strategic plan for the company for the next two years? Why and what are the resources needed to manage the new initiatives?

What is the purpose of the tool : What is the purpose of the tool?What features does the tool have?What industries benefit most from this type of tool?What similar tools are available from competing BI solution provides?

Is barbara bound by her acceptance of the offer : Barbara cashed the check, collected on the note, and one month later sued Alan for $3,000. Is Barbara bound by her acceptance of the offer?

User Account

All Pages