M 511

subject Type Homework Help
subject Pages 3
subject Words 352
subject Authors David P. Twomey, Marianne M. Jennings

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The term dumping refers to the sale of damaged goods in a foreign market to cut the
losses that would otherwise be caused by the damage.
Under a freehold estate, a person owns property only for a specified number of years.
A person who substantially performs a contract is liable for damages to the other party.
Dave Tompkins was up late one night watching a television campaign for a charitable
organization. The organization was seeking donations in order to construct a new
building that would serve as the organization€s headquarters. One of Tomkins'
favorite performers appeared to promote the campaign, and this prompted Dave to
telephone in a pledge. Tomkins pledged $10,000 to the charity and, feeling good about
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his action, finally went to sleep. The next morning, Tomkins regretted making the
pledge because its enforcement would cause great personal financial hardship. Will the
charity be able to legally enforce the pledge Tomkins made? If so, why might the
charity choose not to enforce a lawful pledge?
Social invitations can be offers.
Contracts may be discharged by the joint action of both contracting parties or, in some
cases, by the action of one party alone.

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