Suppose that Jack, Sophia, and Hal enter into a contract to close on the business without the non-competition agreement. Jack states that he would probably sign the non-competition agreement if they included an extra $100,000. A month later, Hal and Sophia bring Jack $100,000. What is the result?
a. Jack cannot change his mind, since he stated that he would probably accept $100,000 additional for the non-competition agreement.
b. If Jack does not accept the $100,000, he may not sell the frozen food, but only for a reasonable amount of time.
c. If Jack does not accept the $100,000, there is a valid contract for the sale of the business, without a non-competition clause.
d. If Jack does not accept the $100,000, there is no valid contract for the sale of the business or for the non-competition agreement.
Answers: 3
Other questions on the subject: Business
Business, 21.06.2019 15:30, dezmondpowell
Marvin wrote a check of $58.25 for the water bill and $450 for rent. he also made a deposit of $124.16. how much is his new balance after writing the checks and making the deposit?
Answers: 3
Business, 21.06.2019 19:30, ThunderThighsM8
What preforms the best over the long term? a) bonds b) mutual funds c) stocks d) certificate of deposit
Answers: 2
Business, 22.06.2019 17:50, ratpizza
Abc factory produces 24,000 units. the cost sheet gives the following information: direct materials rs. 1,20,000direct labour rs. 84,000variable overheads rs. 48,000semi variable overheads rs. 28,000fixed overheads rs. 80,000total cost rs. 3,60,000presently the product is sold at rs. 20 per unit. the management proposes to increase the production by 3,000 units for sales in the foreign market . it is estimated that semi variable overheads will increase by rs. 1,000. but the product will be sold at rs. 14 per unit in the foreign market. however, no additional capital expenditure will be incurredq-1. what is present profit of the company ? q-2. what is proposed profit of the company in new market? q-3.what is suggestion for new makret proposal whether proposal accept or not
Answers: 1
Business, 22.06.2019 19:50, wsdafvbhjkl
On july 7, you purchased 500 shares of wagoneer, inc. stock for $21 a share. on august 1, you sold 200 shares of this stock for $28 a share. you sold an additional 100 shares on august 17 at a price of $25 a share. the company declared a $0.95 per share dividend on august 4 to holders of record as of wednesday, august 15. this dividend is payable on september 1. how much dividend income will you receive on september 1 as a result of your ownership of wagoneer stock
Answers: 1
You know the right answer?
Suppose that Jack, Sophia, and Hal enter into a contract to close on the business without the non-co...
Questions in other subjects:
English, 02.12.2021 22:20
Computers and Technology, 02.12.2021 22:20
Mathematics, 02.12.2021 22:20
