Business, 10.04.2020 20:23 braines2003

Desmond has been a fan of Crispin’s paintings for years and is thrilled when the artist promises togive him painting lessons. The two agree that Crispin will provide Desmond with five weekly lessonsfor $1,000 each, payable once the lessons are complete. After Crispin teaches Desmond two lessons, he sadly dies of a heart attack. Crispin’s estate sues Desmond for the $5,000 payment for the artlessons. What result?

a. Crispin’s estate will be able to recover the full contract price of $5,000.
b. Crispin’s estate will be able to recover $2,000 under the doctrine of promissory estoppel.
c. Crispin’s estate will be able to recover $2,000 in restitution.
d. Crispin’s estate will get nothing because the contract is discharged by his death.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 01:00

Cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely: cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely:

Answers: 3

Answer

Business, 22.06.2019 06:00

Why might a business based on a fad be a good idea? question 2 options: fads bring in the most customers. some fads are longer lasting than expected. fads have made some business owners incredibly wealthy. fads can take a business in a new direction.

Answers: 2

Answer

Business, 22.06.2019 10:20

The different concepts in the architecture operating model are aligned with how the business chooses to integrate and standardize with an enterprise solution. in the the technology solution shares data across the enterprise.

Answers: 3

Answer

Business, 22.06.2019 14:30

What’s the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%? $4,750 $5,000 $5,250 $5,513 $5,788what is the present value of the following cash flow stream at a rate of 8.0%, rounded to the nearest dollar? cash flows: today (t = 0) it is $750, after one year (t = 1) it is $2,450, at t = 2 it is $3,175, and at t=3 it is $4,400. draw a time line. $7,917 $8,333 $8,772 $9,233 $9,695

Answers: 2

Answer

You know the right answer?

Desmond has been a fan of Crispin’s paintings for years and is thrilled when the artist promises tog...

Questions