subject
Business, 20.12.2019 20:31 katey6934

Jeremy took his mother on a special holiday to mountain air resort. jeremy was a frequent patron of the resort and was well known by its manager. the resort required each of its patrons to make a large deposit to ensure payment of the room rental. jeremy asked the manager to waive the requirement for his mother and told the manager that if his mother for any reason failed to pay the resort for her stay there, he would cover the bill. relying on jeremy’s promise, the manager waive the deposit requirement for jeremy’s mother. after she returned home from her holiday, jeremy’s mother refused to pay the resort bill. the resort manager tried to collect the sum from jeremy, but jeremy also refused to pay, stating that his promise was not enforceable under the statute of frauds. is jeremy correct? explain.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 11:00
Samantha is interested in setting up her own accounting firm and wants to specialize in the area of accounting that has experienced the most significant growth in recent years. which area of accounting should she choose as her specialty? samantha should choose as her specialty.
Answers: 1
question
Business, 22.06.2019 15:00
(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?
Answers: 2
question
Business, 22.06.2019 16:30
Why are there so many types of diversion programs for juveniles
Answers: 2
question
Business, 22.06.2019 23:30
Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?
Answers: 1
You know the right answer?
Jeremy took his mother on a special holiday to mountain air resort. jeremy was a frequent patron of...
Questions