Carol rogers, a local millionaire, promises to donate $500,000 to the springfield humane society, which the society plans to use to build a new animal hospital. based on carol's promise, the society begins work on the hospital. carol then backs out of her offer.

a. carol has violated the terms of a contract
b. nothing can be done. carol's donation was a gift. promised gifts do not have to be delivered
c. carol can be sued for the money under theory of promissory estoppel
d. carol will suffer from a bad conscience, but not form any lawsui

Increases in output and increases in the inflation rate have been linked to

Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?

Which of the following is likely not a benefit of requiring a grand jury to listen to and examine all of the evidence against a person suspected of committing a serious crime and then independently deciding whether or not to hand down an indictment? 1.the grand jury system provides the accused another safeguard against being sent to trial and facing conviction based on flawed evidence. 2.the members of the grand jury are drawn from the community and are empowered to render independent decisions about whether or not the government has collected enough evidence to bring an individual to trial. 3.the grand jury’s decision can provide prosecutors insight into what is necessary to build a sufficient case if a similar crime is presented later. 4.the grand jury is impaneled to rubber-stamp prosecutors’ cases, which makes it possible for more cases to reach trial.