Ronald, a poor college student, and his millionaire father entered into a written arrangement in January 2019
Question:
Ronald, a poor college student, and his millionaire father entered into a written arrangement in January 2019 where Ronald agreed that he would work as a part time cleaner to keep his father’s shop premises at North Point clean and tidy. In return, his father agreed to pay him a weekly allowance of $1,500. His father had previously used a cleaning contractor to do the work and paid him $3,500. Ronald would spend two-half days a week to clean up his father’s shop. After 4 weeks, Ronald’s father told him that he could not afford to pay $1,500 a week. He said that Ronald should be doing the work for free, as it was the responsibility of the whole family to look after the family business; besides, he said, Ronald was getting free board and lodging; and also he paid for Ronald’s schooling. Advise Ronald.
Compensation
ISBN: 978-0078029493
11th edition
Authors: George Milkovich, Jerry Newman, Barry Gerhart