Question

In: Finance

James and Curtis are two friends having a drink at a local bar while they watch...

James and Curtis are two friends having a drink at a local bar while they watch hockey. James says to Curtis, "I'll bet you a million bucks the Vancouver Canucks win the Stanley Cup this year." Curtis says, "You're on buddy!" As will always be the case, the Vancouver Canucks do not win the Stanley Cup. Curtis claims that James owes him a million dollars. Does he have a case?

canadian bussiness law subject

Solutions

Expert Solution

Sports betting in Canada is still not considered legal and is not an enforceable contract since only verbal communication was present. Hence Curtis case on James will not be successful if he files a case as per law.

jeff jeffy answered 2 years ago
Next > < Previous

Related Solutions

A bar can have only six barstools. Customers interested in having a drink at this bar...
A bar can have only six barstools. Customers interested in having a drink at this bar arrive at a rate of 6 per hour following a Poisson distribution. It is expected that a customer stays 30 minutes, exponentially distributed. There are only 3 spaces available for customers to wait for a barstool to become available. Customers who want to come in and find there is no room to wait, go to the restaurant next door. Determine: a. Probability that there...
Two friends are having a race. The course that they are racing is 500 m long....
Two friends are having a race. The course that they are racing is 500 m long. Jurgen travels the first half (250 m) of the race at a constant speed of 4 m/s, then instantly increases his speed to 6 m/s and completes the second half of the race at this speed. Sven travels at 5 m/s for 475 m, then accelerates at a rate of 2 m/s2 , until he crosses the finish line. Who wins the race? What...
Julie paid a day care center to watch her two-year-old son while she worked as a...
Julie paid a day care center to watch her two-year-old son while she worked as a computer programmer for a local start-up company. What amount of child and dependent care credit can Julie claim in each of the following alternative scenarios? Use Exhibit 8-9 b. Julie paid $5,550 to the day care center and her AGI is $50,000 (all salary). c. Julie paid $4,550 to the day care center and her AGI is $25,000 (all salary). d. Julie paid $2,220...
Julie paid a day care center to watch her two-year-old son while she worked as a...
Julie paid a day care center to watch her two-year-old son while she worked as a computer programmer for a local start-up company. What amount of child and dependent care credit can Julie claim in each of the following alternative scenarios? Exhibit 8-9 a. Julie paid $2,400 to the day care center and her AGI is $50,000 (all salary). b. Julie paid $6,000 to the day care center and her AGI is $50,000 (all salary). c. Julie paid $5,000 to...
Why management and stockholders having differences while running an organization? ( write at least two paper...
Why management and stockholders having differences while running an organization? ( write at least two paper )
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT