In a tender of payment, the:
A. buyer offers to turn the money over to the seller.
B. buyer shows a seller his or her legal tender.
C. seller puts conforming goods at the buyer's disposition.
D. seller provides storage facilities for goods to the buyer.
Jamie authorizes Amy to sell his house, but does not clarify about the compensation
payable to Amy. What amount should be paid to Amy when she sells Jamie's house?
A. Nothing, since agency relationships are assumed to be gratuitous unless an
agreement specifies compensation.
B. An amount to be determined by arbitration.
C. A fair value for the services performed.
D. Ten percent of the sales price.
Monty quit his $150,000 annual salary job with Computer Associates in Monterey,
California, and moved with his family to Fairfield, Connecticut based upon an oral
promise by Software Power to provide reimbursement of all moving expenses and at
least three years employment at an annual salary of $250,000 per year. One month after
moving, and before being reimbursed for moving, Monty's employment with Software
Power is terminated due to a reduction in force caused by lower-than-expected product
sales. Can Monty successfully sue Software Power?
A. No, since the promise was oral.
B. Yes, under promissory estoppel.