Which of the Following Was the Result on Appeal in Reisenfeld

question 32

Multiple Choice

Which of the following was the result on appeal in Reisenfeld & Co. v. The Network Group, Inc.; Builders Square, Inc.; Kmart Corp., the case in the text involving whether the plaintiff could recover from BSI in the situation in which BSI contracted with Network Group to lease property, and Network Group contracted with the plaintiff agreeing to pay a certain commission for his work but then defaulted on the contract?

• A) The court ruled that because it was a third-party beneficiary, BSI was required to pay the plaintiff the full amount of the commissions claimed.
• B) The court ruled that because it was a third-party beneficiary, BSI was required to pay the plaintiff the reasonable value of the services rendered, not necessarily the contractual amount promised for commissions.
• C) The court ruled that because a quasi-contract was involved, BSI was required to pay the plaintiff the full amount of the commissions claimed.
• D) The court ruled that because a quasi-contract was involved, BSI was required to pay the plaintiff the reasonable value of the services rendered, not necessarily the contractual amount promised for commissions.
• E) The court ruled that because the plaintiff did not have a contract with BSI, the plaintiff was entitled to no recovery from BSI.

---

Definitions:

Exchange Rate

The value at which one currency can be exchanged for another, affecting international trade and economics.

Tax Rate

The percentage at which an individual or corporation is taxed on their income or profits.

Fiscal Policy

Government actions intended to spark or diminish consumption.

Monetary Policy

Manipulations in the interest rates, the banking rules, and the volume of currency in a country, with a goal to spark or diminish consumption.