question archive Montbanks’s son, Charles, was seeking an account executive position with Dobbs, Smith & Fogarty, Inc
Montbanks’s son, Charles, was seeking an account executive position with Dobbs, Smith & Fogarty, Inc
Subject:LawPrice:2.87 Bought7
Montbanks’s son, Charles, was seeking an account executive position with Dobbs, Smith & Fogarty, Inc., a large brokerage firm. Charles was independent and wished no interference by his well-known father. The firm, after several weeks’ deliberation, decided to hire Charles. They made him an offer on April 12, 2010, and Charles accepted. Montbanks, unaware that his son had been hired and concerned that he might not be, mailed a letter to Dobbs on April 13 in which he promised to give the brokerage firm $150,000 in commission business if the firm would hire his son. The letter was received by Dobbs, and the firm wishes to enforce it against Montbanks. May Dobbs enforce the promise? Why?
Purchase A New Answer
Custom new solution created by our subject matter experts
GET A QUOTE
Answer Preview
Answer:
Dobbs cannot enforce the promise.
Reason: Offering of $150,000 in commission business in favour of obtaining accounts executive position constitutes bribe. Providing and accepting bribes is illegal and therefore this promise cannot be enforced
