Business, 31.03.2020 01:03 parisw8

Joel borrows his brother's boat for the month of June, as he has done for the past few years. In the past, Joel has fixed anything on the boat that he notices needs to be repaired while he is using the boat, and his brother has paid him for any improvements he made, grateful not to have to take the boat in for regular maintenance. This year Joel sees that the boat's steering wheel is broken and puts in a new one. When he returns the boat, Joel's brother says he thinks the new steering wheel is ugly and will not pay for it. Assuming that it cannot be removed without damaging the boat, does Joel's brother need to pay Joel?

a. Yes, if the new steering wheel improves the value of the boat.
b. No, because Joel's brother did not agree to pay for improvements in advance.
c. No, because the steering wheel is a gift.
d. Yes, if the old steering wheel would have damaged the boat.

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Joel borrows his brother's boat for the month of June, as he has done for the past few years. In the...

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