Discuss whether this contract is binding on the corporation.
April 23, 2020Determine which moral standard of social responsibility the business is observing
April 23, 2020Application: Is This Purpose Legal?nnThe final requirement of a valid contract is that it must be made for a legal purpose. Consider the following situation:n
You and Tommy made a $100 bet on the outcome of the Super Bowl. After your team won, Tommy refused to pay you the $100.
nBased on the information that you have learned in your reading, write a 150-word paper that answers the following questions about the situation described above:n
- n
- n
Could you legally sue Tommy?
- n
Why or why not? Be sure to support your conclusion with facts, definitions, and/or examples.
- n
If you have not already done so, clearly explain what constitutes legal and illegal gambling.
n
n
n
n
