If a party promises not to sue another party, and it is later discovered that the first

Question:

If a party promises not to sue another party, and it is later discovered that the first party never really had the right to sue, the original promise not to sue is invalid in every state, and the consideration must be returned. True/False

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Business Law With UCC Applications

ISBN: 9780073524955

13th Edition

Authors: Gordon Brown, Paul Sukys

See More Books

Question Posted: Jan 25, 2024 05:00 AM

See More Questions

New World Inc. plans to fully acquire Old World Inc. New World's current share price is $54, it has 8 million shares outstanding, and it has outstanding debt of $72 million. Old World's current share...
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
Over the last eight months, Jules has lost fifty pounds. He is about ten pounds shy of his 200 lbs. goal weight, which is considered normal for his height. He has been told that the last ten pounds...
The reconciling item in a bank reconciliation that will result in an adjusting entry by the depositor is: (a) outstanding checks. (b) deposit in transit. (c) a bank error. (d) bank service charges.
Which do you think has the greater entropy, 1 kg of solid iron or 1 kg of liquid iron? Why?
Find the components of the vector C(vector) in parts (a) through (d) of Problem 56. Data From Problem 56 A vector A(vector) has a magnitude of 15 (in some unspecified units) and makes an angle of 25...
Outline the general strategy used in metagenomics.
The Lubricant is an expensive oil newsletter to which many oil giants subscribe, including Ken Brown (see Problem 3-17 for details). In the last issue, the letter described how the demand for oil...
A company is planning to purchase and store two items, gadgets and widgets. Each gadget costs $2.00 and occupies 2 square meters of floor space; each widget costs $3.00 and occu pies 1 square meter...
Even though charities depend on the solicitation of contributions, the courts have refused to enforce charitable pledges. True/False
Today contractual parties never find it beneficial to enter barter agreements. True/False
Perform the indicated operations. The first number is approximate, and the second number is exact. 3.142(65)
Planning Real Estate Office CSR Event Customer complaints are up 25% in the last 12-month period Data collected from surveys, tickets tracked through Customer Support (email, letter, and phone...
For Final Research Paper, you will create a comprehensive study defining your personal choice of the personality theory you identified in the Week Three assignment. In a six- to eight-page paper,...
Using the policies and procedures for Gold Catering: Explain the different procedures involved in recording bad debts and doubtful debts: Why is there a difference between bad debt and doubtful debt?...
What is firmware? How are computer viruses different from worms? Explain briefly
Describe the fundamental principles of electricity generation. Explain the relationship between electrical current and magnetism. Finally, provide examples where these apply to the operation of an...
Kansas Company uses a job costing accounting system for its production costs. The company uses a predetermined overhead rate based on direct labor-hours to apply overhead to individual jobs. The...
Air pollution generated by a steel mill is an example of a) a positive production externality. b) a negative production externality. c) a public good. d) the free-rider problem. State and local taxes...
Mike bought a solar electric pump to heat his pool at a cost of $2,500 in 2022. What is Mikes credit?
If a taxpayer does not have enough tax liability to use all the available adoption credit, the unused portion may be carried forward for how many years? a. Two b. Three c. Five d. There is no...
John and Joan pay $16,500 of qualified adoption expenses in 2022 to finalize the adoption of a qualified child. Their AGI is $199,000 for 2022. What is their adoption credit for 2022? a. $0 b....
1. (35 pts) Air flows in a duct, and a valve is quickly closed. A normal shock is observed to propagate back through the duct at a speed of 300 m/s. After the air has been brought to rest, its...
Q1) Find the Moment a) About point A b) About point B c) About point C F1 (N) F2 (N) F3 (N) 200 100 300 a b C (m) (m) (m) 1 2 4 F1 30 am bm C. F2 B 60 cm F3
Tech Supplies Company, Incorporated, is a leading retailer specializing in consumer electronics. A condensed income statement and balance sheet for the fiscal year ended February 1, 2020, are shown...

If a party promises not to sue another party, and it is later discovered that the first

Question:

Step by Step Answer:

Business Law With UCC Applications

Students also viewed these Social Science questions