Is lara legally bound by her promise to give dan the bonus

Assignment Help Business Law and Ethics

Reference no: EM133291439

Assignment:

The question/s is relating to Canadian Business Law - Contracts.

Background: Brian works for TNC, an oil and gas company that is primarily concerned with building pipelines, in sales. One day, he secures a major contract with DWH, a company that owns pipelines, worth $50 Million to upgrade a pipeline from a processing facility in Fort McMurray to a refinery in Saskatchewan. Brian emails his boss, Tanya, to tell her the good news. She comes by his office later that day and promises him a $20,000 bonus for, "doing such a good job."

Dan emails his boss, Lara, to tell her the good news. She comes by his office later that day and promises him a $15,000 bonus for, "doing such a good job."

Question: Is Lara legally bound by her promise to give Dan the bonus? Explain why or why not with reference to the principles of contract law.

To note: Is the contract entered with an illiterate person? If so, why is the contract is not binding?

Reference no: EM133291439

Questions Cloud

Explain the legal position of the parties in these situation : Explain the legal position of the parties in these situations and explain what should be done by them.

Describe two types of path-goal behavior dimensions : Describe how you could act as a transformational leader in leading your team member followers under the low level of situational favorableness.

Describe the organization amazons inter : Describe the organization Amazon's inter-, intra-, and extra- organizational identities.

What action can nikita bring to her rights as a shareholder : What action can Nikita bring to exercise her rights as a shareholder? Fully explain your answer by referring to relevant case laws.

Is lara legally bound by her promise to give dan the bonus : Is Lara legally bound by her promise to give Dan the bonus? Explain why or why not with reference to the principles of contract law.

Would you affirm or reject the judgment of the court : The trial court also concluded that the "ensuing loss" exception to those exclusions did not apply. The court granted summary judgment against Lawson & Sons.

What remedy is available to the basultos : "The Basultos were Cuban immigrants who spoke only Spanish. When they pur-chased a new minivan from Potamkin Dodge, the dealer had them sign a blank.

Why is this strategy effective in the short run : Why is this strategy effective in the short run but not in the long run? What are some of the negative repercussions of pursuing this strategy long-term?

Discuss legal accordance with australian consumer laws : For each of the following, please discuss any legal implications in accordance with the Australian Consumer Laws.

User Account

All Pages