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Business, 11.03.2020 01:55 yay47

Helping Hands, Inc., wants to repair its aging roof and hot water heater but lacks the funds to do so. Members of the charity publicize a call for donations to fund the necessary repairs. James is a long-time supporter and pledges $30,000 to the charity for this purpose. James pledges because he believes in the mission of the organization. Relying on James’s pledge, the charity enters into construction and hiring contracts to begin work. When six months later Irene, the CEO of the charity, asks James for the donation, James declines to provide it. In this case, Helping Hands:

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