In September, Sharon agrees to work for Cole Productions, Inc., at $500 a week for a year
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In September, Sharon agrees to work for Cole Productions, Inc., at $500 a week for a year beginning January 1. In October, Sharon is offered the same work at $600 a week by Quintero Shows, Ltd. When Sharon tells Cole about the other offer, they tear up their contract and agree that Sharon will be paid $575. Is the new contract binding? Why or why not?
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Yes The original contract was executory The p...View the full answer
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Related Book For 
Business Law Text and Exercises
ISBN: 978-1305509603
8th edition
Authors: Roger LeRoy Miller, William E. Hollowell
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