Small Case Procedures of the U

question 795

Multiple Choice

Small case procedures of the U.S. Tax Court requires that the amount in dispute not exceed

• A) $10,000.
• B) $100,000.
• C) $5,000.
• D) $50,000.

Identify and explain the concept of estoppel and its application in legal disputes.

Recognize the significance of past consideration and its impact on contract enforceability.

Evaluate the role of quantum meruit in compensation for services rendered without a formal contract.

Understand the legal implications of accepting partial debt payments and the principle of accord and satisfaction.