On March 1st, Jared buys Matthew's car for $10,000 and they agree that Jared will pay Matthew the full amount by June 1st. Jared begins making payments to Matthew, but on May 1st, Jared still owes Matthew $5000. On May 1st, Jared sells Sarah his motorcycle for $5000. Jared and Sarah agree that Sarah will not pay Jared $5000, but Sarah will instead pay Matthew the $5000 Jared still owes him. Matthew agrees to receive the $5000 from Sarah. After making this agreement, Jared changes his mind and tells Sarah to pay him on May 1st and not Matthew. Can Jared do this

Answers

Answer 1

Answer: No, an assignment for consideration is irrevocable

Explanation:

The above scenario explains an assignment. An assignment simply occurs when an individual who is regarded as the assignor, transfers benefits to another person who is the assignee.

With regards to the situation in the question, it is not possible for Jared to change his mind and tells Sarah to pay him on May 1st and not Matthew. This is because this is an assignment for consideration which in this situation is irrevocable. The assignment will be deemed ineffective if the assignor doesn't receive consideration for the agreement.


Related Questions

Economic is consider as science or an art.explan?​

Answers

Answer:

economic is comsider as art

What should be included in your retirement plan?
A the amount of social security you expect to earn
B the amount of money you have in other accounts
C pension amounts from your former employers D all of the above ​

Answers

Answer:

A

Explanation:

because when you have social security then you are able to secure your money or pension

Answer:

A

Explanation:

because when security are around your money will safe

Discuss reasons why communication may break down between co-workers regarding work matters, (4) Discuss how technology can be helpful in maintaining a healthy financial life.

Answers

Answer: 1) Lack of communication plan; this is a situation where the organization doesn't provide adequate training and orientation on how workers should communicate amongst each other.

2) Toxic and Stressful work environment; a toxic and stressful work environment can affect communication in a work environment. For people to communicate very well there have to be a great atmosphere for that and not that filled with hatred or so much work load.

Explanation:

Challenges in work environment is something that's inevitable sometimes, here are the following reasons why communication may break down between co-workers regarding work matters;

1) Lack of communication plan; this is a situation where the organization doesn't provide adequate training and orientation on how workers should communicate amongst each other.

2) Toxic and Stressful work environment; a toxic and stressful work environment can affect communication in a work environment. For people to communicate very well there have to be a great atmosphere for that and not that filled with hatred or so much work load.

3) Partial judgement; this could be defined as a situation where either the management staff has a bias concerning some workers over the others or the workers have some form of bias against themselves which clouds their judgement

Technology can be helpful in maintaining a healthy financial plan by helping you plan your savings and investment. Today we have many firms who came up with plans technology-wise on how individuals can save some amount of their money and get reasonable interest rate. They're other platforms where investments are been born out of through technology. The main purpose is that they help you keep a healthy financial plan both by saving and investments.

Which of the following is NOT something you might have to do for the driving skills test?

Answers

Answer: Practice being stopped by the police

Explanation:

The options include:

A. Perform a three-point turn

B. Park on a grade

C. Practice being stopped by the police

D.Use proper driving posture

A driving skill test helps in assessing whether an individual can operate a vehicle safely. The test is usually made up of the basic control skills test and also the on-road driving test.

Some of the things that are done during a driving skills test include:

• Perform a three-point turn

• Park on a grade

• Use proper driving posture.

It should be noted that during a driving skill test, the individual doesn't practice being stopped by the police.

Answer:being stopped by the police

Explanation:

One disadvantage of using a company’s tuition reimbursement program is that _______. a. You may have to extend your contract with the company b. Your ongoing education costs will rise considerably c. It may decrease your job satisfaction if you become more skilled d. Ongoing education has been proven to decrease worker motivation Please select the best answer from the choices provided A B C D

Answers

Answer:

a.

You may have to extend your contract with the company

Explanation:

.


The reading suggests that if you decide partway through an interview that the candidate is not right for the job, you
should:

Answers

Answer: Remain Pleasant and positive, and let them know when you’ll make a decision

Explanation: just took the test

The figure in the amount column is sometimes referred to as 'cumulative balance'. Why is it referred to in this way?

Answers

Answer:

Explanation:

For each transaction, you add to the previous balance to keep a running total.

Why might it be risky to purchase a preowned vehicle from a
private owner?

Answers

Private owners usually do not pay extra to preform any car checks before selling. Purchasing from a dealer they will preform quality checks on vehicle.

Visit the eBay website and identify three ways a small business can use the website to support its operations.

Answers

Answer:

The eBay website provides a platform for the small business to grow and do business using their sites.

Explanation:

eBay is a multinational e-commerce company situated on California. The company sells goods and items that is registered on its site.

Recently eBay, the e-commerce giant has pledge a 100 million dollar to support and help the small business of America. For this eBay is :

eBay is providing the new businesses in America a free of cost basic eBay store for a period of three months.It is waiving off the fees for selling products for up to 500 sold products on eBay websites.It will provide marketing as well as the merchandising tools, the discounted shipping supplies and the customization features so that the businesses can help build their brands.

Which one of the following statements about private goods is true? (WITH EXPLANATION PLEASE)
A) there is non-rivalry in their consumption
B) there is non-excludability in their consumption
C) it is possible to exclude people from consuming them
D) the free-rider problem makes it difficult for firms to make a profit

Answers

C because some people can not afford to buy private goods which leads them to be excluding them from the products a firm makes

Vermilion Inc., a manufacturer of high-technology medical devices, has its product development centers located in the United States and South Korea. The manufacturing units are located in China and the Philippines to benefit from low-labor costs and access to original equipment manufacturers. This allows the company to competitively price its devices. Also, the various phone models sold by the company are uniform in all the foreign markets it operates in. In this scenario, which of the following strategies does Vermilion most likely pursue?
A) international strategy
B) multidomestic strategy
C) global-standardization strategy
D) transnational strategy

Answers

Answer: Global-standardization strategy

Explanation:

Global-standardization strategy could be defined as using a model to market a product globally. It's the scenario where an organization uses the same marketing strategy of a product across various countries. The advantage of this is that it results in global brand coverage and makes reduction for cost.

Vermilion Inc. has her product produced in various countries but uses the same marketing model or strategy to sell globally, this method is known as Global-standardization strategy

Anna is 88 years old and under the court-appointed guardianship of her daughter. One day Anna receives a telephone call from a health insurance salesman and purchases a $400-a-month Medigap insurance policy. This contract is:

Answers

Answer:

c. This contract is void.

Explanation:

Since in the question it is mentioned that one day Anna received a phone call from the health insurance salesman and she purchase a $400 medigap insurance policy so the contract should be void in the eyes of law as it is not valid in terms of law plus nothing is specified for whom she purchased the policy for $400

Therefore the correct option is c.

this type of business allows an individual to operate under the name and guidelines of a company that is already fully established​

Answers

Answer:

franchises

Explanation:

A franchise is a method of distributing products or services involving a franchisor, who establishes the brand's trademark .

The Midwest is known for corn production. Mosaic, a horizontal consolidation of Cargill and IMC Global, supplies farmers with fertilizer that has helped double their corn yield. Small towns from Topeka to Abilene feature processing plants and storage granaries, where the corn is processed and stored before being transported to food manufacturers.


A. Commodity processors provide products to food manufacturers.

B. Farmers provide crops to commodity processors.

C. Food manufacturers provide products to grocery stores and restaurants.

D. Input suppliers provide seeds and fertilizer to farmers.

Answers

The answer to the question is farmers provide crops to commodity processors

Which aspect can help employees experience job satisfaction and self-esteem? Through good _____ , employees can experience increased job satisfaction levels, better self-esteem, and improved communication skills.

Answers

Answer: Communication skills

Explanation:

Communication is vital in working in any organization. Good communication would help anyone who is employed to easily adapt to the working environment and begin to create impact immediately, while when there is no good communication it would limit how well an individual works in an organization. Good communication would also help him interact and express his skills better, same as opinions and suggestion, which could move the organization to greater heights.

Answer:

Through good attitude,

Explanation:

I'm working on the Personal Qualities and Interpersonal Skills: Mastery Test on edmentum/plato and got a 5/5 with this answer


Match each type of tax with an example of its use.
Capital gains tax=15% charged on profits from selling commodities.
Sales tax= 8% charged on purchases of luxury goods.
Excise tax=20% tax charged on each pack of cigarettes

Those are the answers I just did the test and got it right

Answers

Hey how you doing lollipop you doing hope answer 20%

Answer: That is the correct answer for APΕX                                                Explanation:

would anyone like a 5 star rating? you just have to comment and give me a thanks :)

Answers

Haha that’s sweet, thank you! Not sure what you mean exactly but


What is the decrease in the overall value of an asset called?
ОА.
depreciation
OB.
deceleration
Ос.
amortization
OD
disinvestment


Answers

Answer:

C Amortization

Explanation:

Because I am smart

Answer:

depreciation

Explanation:

Read the following.

A former official with the U.S. Treasury, Peter Fisher, once called the U.S. government “a gigantic insurance company.” This is because more than two-thirds of federal government spending goes toward programs set up to protect people from losses. The government provides a payment program for workers and in return promises to help pay for certain losses during some kinds of emergencies. In the United States, workers pay the federal government a certain percent of taxes, and the money is put into giant funds. The citizens can then turn to these programs for financial help when it is needed.

Source: Pew Research Center’s FACTANK, “What does the federal government spend your tax dollars on? Social insurance programs, mostly,” by Drew DeSilver (4/4/2017)

Explain how the federal government could be characterized as offering forms of “insurance.” Introduce the subject. Make two points. Conclude. Your response should be between 75 and 150 words.

Review the rubric for the grading criteria.

Answers

Answer:

Explanation:

Insurance protects people. Many federal government programs protect people from losses.  So the government can be considered as offering insurance. For example workers pay into a program which will provide payments during emergencies. Another case is federal taxes which fund various financial assistance programs. In conclusion, the federal government provide "insurance" to people.

Answer:

Explanation:

Federal government provides programs that are like insurance. That is because the programs support people in need while charging everyone through taxes. Social security is one such program which is an insurance against retirement and you pay social security tax for it. Another is unemployment benefits from the government. It is insurance against losing your job and is paid through taxes.

Which one of the following is most likely to result in an increase in producer surplus in the market for cow's milk? (WITH EXPLANATION PLEASE)
A) consumers switching from cow's milk to soya milk
B) health care highlighting problems of consuming cow's milk
C) an advert highlighting the benefits of cow's milk
D) an increase in indirect taxes charged on cow's milk

Answers

A because if the firm is switching from cow milk to soya milk, suppler will be threatened and will be motivated to produce in large supply

Role playing exercises using video recording and and playback would be most effective for which type of training?

Answers

Answer: Sales training

Explanation:

Role playing exercise is used to find out how fit a person is to carry out a role for a job or an operation by training them with life experiences and access them by the outcome. Although it is usually linked with the military but it's a welcome development when considering those who would love to enroll for sales development kind of jobs. As videos are replayed with instructions on how the intern on the sales job can motivate or inspire his or her client to buy her product. These videos played would instruct the intern on various pattern and method on approaching sales development.

. There are many different types of role play exercises and these are tailored to specific jobs.

Latoya has a lot of doctor’s visits coming up, and her children all need vaccinations for the upcoming school year. Which type of insurance would be MOST helpful to her in this situation? A. health insurance B. permanent life insurance C. whole life insurance D. term life insurance

Answers

Answer:

Health insurance

Explanation:

The other insurances listed are all insurances paid out when you die.

Health insurance is the type of insurance would be most helpful to her in this situation. Hence, option A is correct.

What is health insurance?

Health insurance is the insurance in which the medical emergency is covered in the insurance, basically this insurance is related to the health expenses that may be occurred in the future like surgical, and dental expenses. Medical and health-related expenses are covered by a type of insurance coverage called health insurance.

Regular care, medical emergencies, and chronic illness management are all partially or fully covered by health insurance. An insured person's medical, surgical, and dental costs, as well as the price of their prescription medications, are covered by health insurance. It might be covered either directly by the healthcare provider or through reimbursements.

Thus, option A is correct.

For more details about Health insurance, click here:

https://brainly.com/question/14876522

#SPJ2

What is the SNAP food program governed by the farm bill
stamps
magnet
O paperwork
card

Answers

Answer:

The Supplemental Nutrition Assistance Program (SNAP) helps families, older adults, and individuals pay for groceries. ... SNAP benefits provide food security, stimulate local economies, and support farmers and the agriculture industry through the purchases of Pennsylvania-grown and processed foods.

Explanation:

Someone who diversifies investments is more likely to

Answers

Answer:

offset their losses with gains.

Explanation:

Answer:

offset their losses with gains.

Explanation:

Teachers, parents, school groups, quality peers and mentors are just a few resources we can lean on in life.
O True
O False

Answers

true
teachers, parents, ect are always there for you whenever you trip on your path in life
True and more people we can look up to

A callable bond:
A. would usually have a lower yield than a similar non-callable bond.
B. is attractive to the buyer because the immediate receipt of principal and premium usually produces a higher return.
C. is more apt to be called when interest rates are high because the interest savings will be greater.
D. generally has a higher credit rating than a similar non-callable bond.
E. is attractive to the issuer because it allows the issuer to prepay outstanding debt if new debt can be issued at lower rates.

Answers

Answer:

cookies

Explanation:

no reason

Most people across the globe have similar access to technology information. Yes or no? Why?

Answers

False. A great example would be North Korea compared to the United States. In the United States we have the Freedom to Speech so we also have the the opportunity for news and social media where you can post pretty much anything. North Korea on the other hand lacks informing their own people and their own people lacks a stable and healthy government. We don’t know a lot about North Korea and they don’t know anything at all about us or the rest of the world.

it takes a baker 30 minutes to decorate 25 cupcakes, how long does it take the baker to decorate one cupcake.?​

Answers

Answer:

72 seconds or 1.2 min for one cupcake

Explanation:

30 min/25 cupcakes = 1.2 min per cupcake

1.2 min times 60 seconds = 72 seconds

The cyclical deficit rises during economic expansions. True or false

Answers

Answer:

false

Explanation:

Historically, the deficit has been highly countercyclical, meaning that it rises during economic slowdowns and falls during expansions. This countercyclicality is driven by both the spending side and revenue side and by both discretionary or “activist” policies and automatic or “passive” policies

Answer:

False

Explanation:

How do you do the buss it challenge

Answers

Answer:

buss it. .

Explanation:

just buss it :)

You install Tiktok, you open it then make an account, then search up
"Buss it challenge"
Select one of the videos and tap on the bottom right corner.
It should look like a disc.
Then tap the red camera shaped button and get yourself ready. Play until the song starts to fade out then quickly pause the video.
Change the location of your cam then Buss it until the end.
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