Fred Lawrey, owner of Play Once More Sports, a sporting good…

Fred Lawrey, owner of Play Once More Sports, a sporting goods resale shop, has given his employees a verbal promise of a year-end bonus if profits exceed 10%. Fred’s comment constitutes a legally binding arrangement that an employee could use to force Fred to comply with his promise.

Dr. I. L. Pullem, Dr. Ben Shur, and Dr. Jana Whitebite, are…

Dr. I. L. Pullem, Dr. Ben Shur, and Dr. Jana Whitebite, are dentists. They have two full-time and one part-time office staff as the only employees in a professional corporation. The doctors want to maximize tax-favored benefits for themselves and lessen benefits for their employees. They should consider a