Donna is an accountant and decides to do her friend mike a favor by filing his taxes for free. mike is very and tells donna "i will pay you $500 for being so kind and generous! " mike fails to keep his promise and does not pay donna the $500. donna then brings an action to have the promise enforced. will the court hold that a contract exists? a) yes, what mike did to donna was unjust and therefore the contract is enforceable. b) no, past consideration is no consideration at all. c) yes, due to the preexisting duty rule. d) no, it is an illusory promise and is no consideration at all.

John novosel was employed by nationwide insurance company for fifteen years. novosel had been a model employee and, at the time of discharge, was a district claims manager and a candidate for the position of division claims manager. during novosel's fifteenth year of employment, nationwide circulated a memorandum requesting the participation of all employees in an effort to lobby the pennsylvania state legislature for the passage of a certain bill before the body. novosel, who had privately indicated his disagreement with nationwide's political views, refused to lend his support to the lobby, and his employment with nationwide was terminated. novosel brought two separate claims against nationwide, arguing, first, that his discharge for refusing to lobby the state legislature on behalf of nationwide constituted the tort of wrongful discharge in that it was arbitrary, malicious, and contrary to public policy. novosel also contended that nationwide breached an implied contract guaranteeing continued employment so long as his job performance was satisfactory. what decision as to each claim?

Which completes the equation? o + a + consideration (+ = k legal capacity legal capability legal injunction legal corporation

Bathlinks corporation has a debt to assets ratio of 73%. this tells the user of bathlinks’s financial statements that a. bathlinks is getting a 27% return on its assets. b. there is a risk that bathlinks cannot pay its debts as they come due. c. 73% of the assets are financed by the stockholders. d. based on this measure, the user should not invest in bathlinks.