Horatio owes Interstate Bank $10,000 for charges made on his…

Horatio owes Interstate Bank $10,000 for charges made on his Interstate Bank credit card.  Interstate Bank contacts Horatio and offers him an agreement whereby if Horatio pays Interstate Bank $5,000 of the $10,000 amount due, Interstate Bank would deem the debt paid in full. Horatio agrees and pays $5,000 to Interstate Bank.  The parties have agreed to an:

Tony is an old man who has lived in the same house for forty…

Tony is an old man who has lived in the same house for forty years. Cornelius, an eighteen-year-old high school senior, and his family have lived next door to Tony since Cornelius was two years old. Tony has watched Cornelius grow up and, over the years, he has developed a special affection for Cornelius. Tony knows that Cornelius has been saving to buy a car and, a week before Cornelius graduates from high school, Tony promises Cornelius that he will give him $10,000 as a graduation present. A few days after graduation, Tony dies and his estate refuses to give Cornelius the $10,000 that Tony promised him. If Cornelius sues Tony’s estate for the money, he will:

The symphony is getting ready to go on a concert tour of the…

The symphony is getting ready to go on a concert tour of the United States and in preparation for the trip, new bows for all of the string instrument players are ordered. David, a member of the symphony who is coordinating the trip contacts the Merry Melody Music Supply Co. and orders fifty new bows made of oak wood and horse hair to be delivered on April 1st. In response to the order, Merry ships David fifty bows made of oak wood and willow reeds. David decides to keep the bows but he sues Merry for breach of contract anyway. David will probably:

Paul hires Ringo to redo the roof of his band’s recording st…

Paul hires Ringo to redo the roof of his band’s recording studio. Paul agrees to pay Ringo $5,000 and Ringo agrees to complete the job in two weeks. True to his word, Ringo completes the job in two weeks. However, he forgets to tell Paul that he has finished. One week later, having not received the $5,000 from Paul, Ringo files suit against Paul for breach of contract. Ringo will win this case:

Sol is an avid classical music fan and he attends the sympho…

Sol is an avid classical music fan and he attends the symphony whenever he can. He also has a large collection of instruments actually used by famous musicians. David has been the symphony’s harp player for many years and he is widely recognized as the best harpist is the world. Sol would like nothing more than to add David’s harp to his collection of instruments. On April 1st, Sol calls David and offers to buy the harp for $10,000. Sol tells David to think about the offer and get back to him if he is interested. On April 16th, Sol buys a cello, previously owned by Yo Yo Ma, for $15,000. On April 27th, David calls Sol to accept Sol’s offer. However, since Sol had spent so much money on the cello, he tells David that he can no longer buy the harp. David sues Sol for breach of contract, arguing that his acceptance of Sol’s offer created a binding agreement between them. David will win this case.

Sampson is getting ready to go on a job interview and decide…

Sampson is getting ready to go on a job interview and decides he should probably have his hair cut. He does not have the time to go to a proper hair dresser so he knocks on his neighbor Delilah’s door and offers her $50 if she will cut his hair. Without saying a word, Delilah leads Sampson to a chair and proceeds to give him a hair cut. After Delilah has finished, Sampson refuses to pay her. Delilah sues Sampson for the $50. At the trial, Sampson argues, and Delilah admits, that Delilah never explicitly agreed to give him the hair cut. Based on this argument, Sampson will win this case:

Connie, a 17 year old who had recently been kicked out of he…

Connie, a 17 year old who had recently been kicked out of her family home, entered into a lease with Daryl to lease a one bedroom apartment for six months. Daryl did not know that Connie was a minor. Two months into the lease, Connie’s family allows Connie to come back home.  Connie breaks the lease with Daryl, who initiates a lawsuit against Connie for the rent due for the second month that Connie did not pay and for the remaining rent due under the lease.  Connie claims that she does not have to pay Daryl because she was a minor at the time she entered into the lease.  Is Connie correct? Why?

Six students were asked to rate how much they like 90s grung…

Six students were asked to rate how much they like 90s grunge music on a scale of 1 (it’s the worst music ever) to 6 (best music hands down).  Then students were then asked to rate how much they enjoyed the movie, Cabin the Woods.  Fill in the information below(no spaces, round to 2 decimal places if need be).   Mx = 3.83        My = 3.83        SSx = 14.83     SSy = 10.83     SSxy = 5.83      r = 0.46       r2 = 0.21   Calculate the slope: Calculate the y-intercept: Complete the regression line: y = x + Predict the Cabin in the Woods rating for a person who gave grunge music a rating of 5.