Walter worked nights as a clerk in a fast-food store. On his last work shift, Walter's boss told him, "I'm really grateful for the year that you have worked here. I am going to give you a bonus of $1,000 in your last paycheck." When Walter got his last paycheck, there was no bonus. If Walter sues, the likely result will be
A) Walter will win, as the promise is enforceable
B) Walter will lose, as he gave no consideration.
C) Walter will lose unless the promise was in writing.
D) Walter will win, as no consideration is required to modify an employment contract.
B
You might also like to view...
A bank with transaction deposits totaling $45 million had reserves equal to $0.98 million. The reserve requirement for this bank is _____ percent. (Hint: use the cutoff amounts as per the reserve requirements for the year 2013)
A. 10 B. 8 C. 3 D. 2
Calculate Sapphire's trend analysis for revenues and cost of goods sold. Use 2015 as the base year, and round to the nearest percent.
Sapphire Corp. reported the following revenues and net income amounts.
Ali started an accounting firm a year ago and has just hired his tenth employee. He decides the business needs a code of ethics. How should he begin the process of creating one?
a. He should have a legal team or lawyer draw up the basic needs of a code of ethics. b. He should write the initial draft and then get his CFO or vice president’s input. c. He should make a template based on another organizations’ code of ethics. d. He should solicit employee input into the initial needs of the code of ethics.
Execution is a postjudgment court order that permits the seizure of the debtor's property that is in the possession of the debtor
Indicate whether the statement is true or false