Business, 07.11.2019 04:31 aalyyy

Suppose that jack, hal, and sophia enter into an agreement in regards to the sale of the restaurant. the contract includes the non-competition agreement. a few months later, jack decides that he will sell the frozen food in violation of non-competition agreement, unless if hal and sophia agree to pay him an extra $100,000. hal and sophia agree, since they do not want to fight. six months later, however, they still have not paid and jack sues. what is the result?
a. hal and sophia would win since agreeing to not do something, in this case sell the food, is not valid consideration.
b. hal and sophia would win, since jack already had a prior existing legal duty to not compete with them.
c. jack would win since agreeing to not do something, in this case sell the food, is not valid consideration.
d. jack would win since hal and sophia agreed to pay the extra $100,000.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 21:00

Sheldon has the following year-end account balances: accounts receivable, $5,000; supplies, $12,000; equipment, $18,000; accounts payable, $17,000; stockholders’ equity, $43,000. the cash account balance was not available at year-end. given the account balances listed, the balance in the cash account should be?

Answers: 2

Answer

Business, 21.06.2019 22:30

Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle

Answers: 2

Answer

Business, 22.06.2019 01:40

At the local level, the main role of ctsos is to encourage students to become urge them to programs and competitive events. 1. a.interns b.trainees c.members 2. a.participate b.train c.win

Answers: 2

Answer

Business, 22.06.2019 20:00

During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? select one: a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above

Answers: 3

Answer

You know the right answer?

Suppose that jack, hal, and sophia enter into an agreement in regards to the sale of the restaurant....

Questions