You signed a one- year contract to work on a special accounting team for a major retailer.Most of the team are young and inexperienced.Three months after the contract began your team leader resigned.The retailer was worried that you and your colleagues would become lazy and inefficient while a new leader was being found.It offered each of you a bonus payment of $50 per week to be punctual and hard working until the new leader started work.You all agreed.It took one month to find a new leader.The retailer is refusing to pay you the promised $200.Under common law,what legal rights,if any,do you have?
A) None - because the promise was not put into writing.
B) None - because you did not provide valuable consideration.You were only doing what you had already contracted to do.
C) You are entitled to damages because you provided valuable consideration.It does not matter if the consideration did not have a clear market value.
D) You are entitled to rescind the contract and claim damages because the retailers acted illegally by implying you were not hard working or punctual employees.
Correct Answer:
Verified
Q1: Consideration can be:
A)present or past but not
Q2: In which of the following contracts is
Q3: Which of the following statements is not
Q4: The rule in Foakes v Beer states
Q5: The legal effect of promissory estoppel is:
A)a
Q7: Which of the following statements is/are accurate
Q8: Manuela's grandfather promised to loan her $3000
Q9: Part payment of a debt may provide
Q10: The case of Roscorla v Thomas involved
Q11: Bill sold a lawnmower to Brodie for
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