Question

In: Accounting

You are a legal assistant for the attorney of the FUN company. You must conduct research...

You are a legal assistant for the attorney of the FUN company. You must conduct research and find three (3) court opinions (i.e. cases that have been previously decided by the court) that are precedent (i.e. have similar facts and issues of law) to the case below. You must provide the case title and citation of each of the three (3) cases you find.

Three months ago the CEO for FUN Company sent a letter to the Pastor for the Church of Stranger Things pledging a $3,000,000.00 donation to the Church. Upon receipt of this news, the Pastor contacted FUN’s CEO who re-assured the Pastor that the Church would be receiving a check for this amount within the ensuing four to six weeks. The Pastor, who for several years had wanted to expand the Church in order to increase its congregation, immediately hired an architect and paid him $400,000.00 to design the new ambitious project. The Pastor was in love with the architect’s design, so he quickly hired a general contractor for $750,000.00 to start the building process. In addition to the $750,000.00 for the labor, the Pastor paid another 1,100,000.00 for the tools and materials needed for the project. Five weeks after receiving the letter and first speaking to FUN’s CEO on the phone, the bishop called FUN because he was nervous about the fact that he had not received the check and he had already incurred such significant expenses. Note that the only reason the Pastor engaged in this ambitious construction project was because of the extra money he was counting on getting from FUN since the Church’s structure did not need it to continue its regular operations. The CEO at that point told the Pastor that soon after committing to donate the money, FUN’s finances started going terribly wrong and as such at this point, they were not able to make a donation to the church. The Pastor is now demanding that FUN still true to its word and give the church the donation.

Solutions

Expert Solution

Answer:-

Introduction:-

•In the above-alluded case, Bishop of the Church of Narain accepted on the guarantee of gift of $3,000,000.00 by CEO of Fun Company.

•He took further activity based on the guarantee of CEO of Fun Company.

•As Church need to extension, he employed designer and temporary worker for the work. He made installment to him for the work.

•During the extension modified, he again reached the CEO of Fun Company and guaranteed himself that he will get the cause cash check soon later on.

•Pastor made the installment to work for work and made the installment for apparatuses and materials.

•However, this work isn't needed for routine movement of the Church.

•After five weeks, again Pastor requested that the CEO satisfy they're guaranteed of gift since He previously acquired weighty use based on his guarantee.

•But CEO said that the organization isn't in the position that they satisfied their guarantee.

Discoveries of the case:

•In this case, If Pastor can go to Court and take alleviation from that point.

•He has great opportunity to win the body of evidence against the organization.

•Because under conventional agreement law head, a beneficent vow is enforceable in the event that it meets the necessity for a lawfully restricting agreement.

•There must be an understanding between the benefactor and the cause.

•It might be composed or oral. In this way, as a rule, the court by and large courtesy noble cause and upheld the vow to satisfy his guarantee of the gift.

•However, now and again, Court have diverse view that gift ought not be mandatory authoritative on the vow.

•But as a rule, court supported the causes, since they make some move on the guarantee of gift by a contributor.

•This activity can't be switched regardless of whether giver in real not in the situation to satisfy their duties.

Case Conclusion:

In this way, Pastor can take the assistance of court for gift.


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