Which of the Following Situations Illustrates a Contractually Enforceable Promise

question 16

Multiple Choice

Which of the following situations illustrates a contractually enforceable promise?

• A) Suneeta owed $25 000 to Bryce as a result of committing a tort against him. Because she did not want to pay the full amount, she persuaded Bryce to accept a document upon which she had placed her seal and the following words: "I, Suneeta, hereby promise to pay $10 000 in full satisfaction of the $25 000 debt that I owe to you as a tortfeasor."
• B) Suneeta promised to pay $5000 to a firefighter who responded to a routine call to extinguish a fire at her house.
• C) Suneeta had a contract with a construction company to build a deck in her backyard. Halfway through the project, the cost of materials suddenly increased. Although the original agreement did not require her to do so, Suneeta agreed to pay an additional $2000 to the construction company to off- set the additional expenses that it would encounter in the remainder of the project.
• D) Suneeta promised to pay $500 to her father for a birthday present that she had received from her parents two weeks earlier.
• E) Suneeta borrowed money from a bank. Under the terms of that agreement, she was required to pay the bank $10 000 cash on June 1st. On May 28th, she explained to the bank that she would not be able to pay the full amount on schedule. On the same day, she also persuaded the bank to accept a cheque for $7500 in satisfaction of the full debt.

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Definitions:

Job Enrichment

Making a job more motivating and satisfying by adding variety and responsibility

New Learning

The process of acquiring knowledge or skills in an area previously unfamiliar to the learner.

Shares Power

Refers to a leadership or management style where authority and decision-making responsibilities are distributed among team members.

Empowerment

Process by which a manager shares power with team members, thereby enhancing their feelings of self-efficacy.