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Leya [2.2K]
2 years ago
14

Gianni hires Dolton to work as his driver with an annual salary of $100,000 for the rest of Dolton's life. After two years, Gian

ni decides to fire Dolton. Dolton claims they have a valid contract, but Gianni says it is barred by the statute of frauds because they never put anything in writing. Who is correct?
(A) Dolton, because the contract can be completed in one year because Dolton could die within a year of the contract's creation.
(B) Dolton because, even though the contract was not completed within one year, public policy does not support lifetime employment contracts that are not in writing.
(C) Gianni, because Dolton did not die during the year after the contract's creation.
(D) Gianni, because the contract cannot be completed in one year.
(E) Gianni, because Gianni did not sign any agreement and he is the party being charged.
Business
2 answers:
Pavel [41]2 years ago
7 0

The answer is "(E) Gianni, because Gianni did not sign any agreement and he is the party being charged."

In the statement above, what Giani did was correct. Unless the contract has been signed by both parties, making it difficult to get the party concerned to pay. It is invalid if one of them decides not to cooperate.

And Dolton will not do an agreement with Giani without the signature of the contract.

<h2>Further Explanation </h2>

The signature has the main function as the identity of the signatory and guarantees the truth of the contents of the signed document. In an agreement or contract, a signature serves to guarantee that the person who signed the agreement or contract has known and agreed to all of its contents. The signature in the agreement is evidence of an agreement on the agreement made by the parties.

What if the signing was not done according to these rules? The result is that the document is deemed unmarked so that it is necessary to do the sealing later, which means that the postal duty is paid by the post office for the document for which the stamp duty has not been paid properly.

Learn More

Agreement brainly.com/question/13958954

Signature law brainly.com/question/13958954

Details

Grade: College

Subject: Business

Keyword: agreement, signature, law

vredina [299]2 years ago
3 0

Answer:

(E) Gianni, because Gianni did not sign any agreement and he is the party being charged

Explanation:

In the above scenario, Giani is correct because unless the contracts are in writing and signed by both the parties, it is hard to go after the paying party. It remains invalid as soon as either party decides to step back.

Therefore, Dolton would have nothing to show against Giani without a written proof of the contract made.

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One year ago, JK Mfg. deposited $12,000 in an investment account for the purpose of buying new equipment four years from today.
DiKsa [7]

Answer:

Cash available after the final deposit 41,463.52

Explanation:

Principal * (1+ r)^{time} = Ammount

12,000 * (1+ .055)^{5} = Ammount

The 12,000 capitalize for 5 years

15,638,52

15,000 * (1+ .055)^{1} = Ammount

Capialize for 1 year

15,825

10,000 this deposit doesn't capitalize is deposit to complete and purchase the equipment

15,638.52 + 15,825 + 10,000 = 41,463.52

5 0
2 years ago
At the beginning of the school year, Craig Kovar decided to prepare a cash budget for the months of September, October, November
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Answer:

The answer is attached for ease of understanding and reference.

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2 years ago
2. What is the number one type of lift truck accident?
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A forklift accident is the most common incident.
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2 years ago
On January 1, Year 1, Pacific Corporation acquired 75% of Sand Corporation's 200,000 outstanding common shares for $2,850,000. O
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Answer:

$112,500

Explanation:

The good will to be reported in the balance sheet of the Pacific Corporation as at December 31 shall be determined using the following mentioned  method:

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Less:Net Assets Acquired of Sand Corporation

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Add:Net Assets portion of the Non controlling interest   $912,500

($3,650,000*25%)

Good will                                                                              $112,500

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2 years ago
(18.20) the coach of a college men's soccer team records the resting heart rates of the 27 team members. you should not trust a
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Answer:

Explanation:

The coach of a college men’s soccer team records the resting heart rates of the 27 team members. You should not trust a confidence interval for the mean resting heart rate of all male students at this college based on these data because;

(a) with only 27 observations, the margin of error will be large.

(b) heart rates may not have a Normal distribution.

(c) the members of the soccer team can’t be considered a random sample of all students.

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