Ken promises not to foreclose on a mortgage that he holds on an office complex that Christopher owns. In reliance on this promise, Christopher expends $200,000 to remodel the complex. Which of the following is correct with regard to Ken's promise?
A) Ken's promise not to foreclose is unsupported by consideration.
B) Ken's promise is noncontractual.
C) Ken's promise will be enforced against him based upon the doctrine of promissory estoppel.
D) All of these.
D
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In a manufacturing firm, employees use time cards and job tickets. Which of the following statements is not correct?
a. Job tickets are prepared by employees for each job worked on, so an employee may have more that one job ticket on a given day. b. An individual employee will have only one time card. c. The time reported on job tickets should reconcile with the time reported on time cards. d. Paychecks should be prepared from the job tickets.
Which of the following countries has the lowest union density rate?
A. United Kingdom B. United States C. Canada D. Sweden
For any task completed in standard time or less, earnings are pegged at 120 percent of the time saved under the
A. Merrick plan. B. Gantt plan. C. Rowan plan. D. Taylor plan.
Commerce Clause. In 1957, Rhodes and several other Georgia landowners entered into a sixty-five-year timber purchase contract with Inland-Rome, Inc Thereafter, Inland-Rome cut timber from the landowners' land and then removed it for processing in
certain Georgia facilities, after which it was shipped as lumber products to points throughout the country. In 1986, the landowners claimed that Inland-Rome had breached the contract, and they filed suit. Inland-Rome moved to compel arbitration because the parties had agreed, in their contract, to arbitrate any disputes arising thereunder. Georgia law enforces arbitration clauses only if they are contained in construction contracts. Arbitration clauses are enforceable under the Federal Arbitration Act only if the contracts in which they appear affect interstate commerce. Inland-Rome contended that because lumber products from the cut timber were shipped throughout the nation, the contract related to interstate commerce, and therefore the Federal Arbitration Act should apply. Will the court agree? Discuss.