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Consideration. In March 1997, Leonard Kranzler loaned Lewis Saltzman $100,000. Saltzman signed a written memo that stated, "Loaned to Lewis Saltzman $100,000 to be paid back with interest." Saltzman made fifteen payments on the loan, but these payments did not cover the entire amount. The last payment was made in July 2005. In June 2007-more than ten years after the date of the loan but less than two years after the date of the last payment-Kranzler filed a suit in an Illinois state court against Saltzman, seeking to recover the outstanding principal and interest. Saltzman admitted that he had borrowed the funds and had made payments on the loan, but he claimed that Kranzler's complaint was barred by a tenyear statute of limitations. Does Kranzler need to prove a new promise with new consideration to collect the unpaid debt? Explain.
On two occasions in 1980, Hodge met with Tilley, president and chief operating officer of Evans Financial Corporation, to discuss Hodge's possible employment by Evans.
Part I - Analysis of the External Environment As part of the Strategic Business Plan, you have been asked to:
Prepare a research report of industry characteristics that will affect an organization entering in that industry. Your description must contain the following aspects:
Which of the training methods described in this chapter are incorporated into the corporate service corps? How well suited are these methods to achieving ibm's objectives?
How does human activity impact greenhouse gases found in the atmosphere
Participants in a training program are asked to log in to a website at their convenience, watch a video lecture, and take a quiz. This is an example of which of the following types of training?
A good reputation is crucial in customer service, give three examples of how the organisation (department store) has improved/might improve its reputation
The Permanent Subcommittee on Investigations of the United States Senate held hearings on JPMorgan's $6.2 billion trading debacle. How should blame be allocated for the mishap
What kinds of problems can emerge if a firm doesn't communicate with environmentalists, the news media, and the local community? Do you know of any firms that aren't responsive to your community? What are the consequences?
Propose two (2) ways that you can use a failure in your life or career to improve your vision as a leader. Examine the key traits and characteristics that transformational leaders possess. Predict the impact that a transformational leader's respons..
"Insufficiency of cosideration is immaterial;but an agreement without cosideration is void".Explain
1. Do you think the best strategy for airlines is to offer Wi-Fi service at the lowest price (or free) or the best quality at a higher price? Please explain your reasoning.2. Like its connectivity, pricing for in-flight Wi-Fi varies wildly. Would you..
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