In: Accounting
if i offer to sell you my car for $6000 and you say that you will buy it so long as your spouse likes it, this is an example of
a. a bilateral contract
b. an illusory contract
c a unilateral contract
d. the minor image rule.
2. wrongful discharge casea
a. are limited to claims that are based on discrimination
b. are usually based on employer breaching a contract for employment.
c. may be brought where an employer fires an employee for refusing to do an illegal act
d. may only be brought by employees whose status is that of an at will employee
3. while a plaintiff alleging negligence against a company may prove the company had a duty, the company breached its duty, and that the plaintiff suffered legally recongnizable injuries, the plaintiff would still have to prove which of the following?
a. the company committed the breach on purpose
b. the company was strictly liable for its breach
c. the company had no defenses to its breach
d. the company was the cause of the injuries
1. The Correct Option Answer is "B" - an illusory contract
an illusory contract is a contract between two parties in which the consideration for the contract is illusionary. In such contracts, one party gives as consideration a promise that is so insubstantial that it would not result in or impose any obligations. Such promise would make the contract unenforceable
As Per this contract, there is a promise
2. The Correct option answer is "C" - may be brought where an employer fires an employee for refusing to do an illegal act
If the employee is fired only for refusing to do something illegal requested by his employer, the employee can sue the employer for wrongful discharge.
3. The correct option answer is "D" - the company was the cause of the injuries
In order for a plaintiff to win a lawsuit for negligence, they must prove all of the "elements." For instance, one of the elements is "damages," meaning the plaintiff must have suffered damages (injuries, loss, etc.) in order for the defendant to be held liable. So, even if you can prove that the defendant was negligent, you may not be successful in your negligence claim lawsuit if that negligence caused you no harm.