QuickHelper

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About QuickHelper

Levels Tought:
Elementary,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Business & Finance,Chemistry,Engineering,Health & Medical Hide all
Teaching Since: May 2017
Last Sign in: 362 Weeks Ago, 4 Days Ago
Questions Answered: 20103
Tutorials Posted: 20155

Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

Experience

  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Management Posted 03 Oct 2017 My Price 10.00

Question 1 - John operates a motorcycle repair shop from his home

Question 1 - John operates a motorcycle repair shop from his home but finds that his business is limited by the small size of his garage. Driving by a neighbor’s property, he notices a for-sale sign on a large, metal-sided garage. John contacts the neighbor and offers to buy the building, hoping that it can be dismantled and moved to his own property. The neighbor accepts John’s payment and makes a generous offer in return: if John will help him dismantle the garage, which will take a substantial amount of time, he will help John reassemble it after it has been transported to john’s property. They agree to have the entire job completed within two weeks. 

 John spends every day for a week working with his neighbor to disassemble the building. In his rush to acquire a larger workspace, he turns down several lucrative repair jobs. Once the disassemble building has been moved to John’s property, however, the neighbor refuses to help John reassemble it as he originally promised.

  1.  Are the basic elements of consideration present in the neighbor’s promise to help John reassemble the garage? Why or why not?
  2.  Suppose that the neighbor starts to help John but then realizes that, because of the layout of John’s property, putting the building back together will take much more work than dismantling it took. Under which principle might the neighbor be allowed to ask for additional compensation?

 

Question 2 - Flossy promises to pay her cousin Garth, who is dangerously obese, $10,000 if Garth loses 100 pounds within the next two years. Garth agrees, per­forms his part of the bar­gain, and asks for the money. Flossy refuses to pay, say­ing that she forgot about the deal, but that even if she did make such a pledge, there was no valid consideration for it. Garth files a suit against Flossy. In whose favor is the court likely to rule, and why?

 

Discussion Questions so a paragraph thoroughly answering the question will suffice. APA style in text and at least 2 references

 

Readings

http://www.saylor.org/site/textbooks/Business%20Law%20and%20the%20Legal%20Environment.pdf ----- Chapters 8-11

Answers

QuickHelper
(10)
Status NEW Posted 03 Oct 2017 06:10 PM My Price 10.00

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