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Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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  • Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
  • Answer completely.
  • You will get up vote for sure.
Brency hires Jaden to represent her in court, and signs an agreement to
pay Jaden a $5000 retainer on April 23, 2023. Later Brency learns that
Jaden is not a licensed attorney and never attended law school. In this
case a court will not enforce the contract between Jaden and Brency
for $5000 of lawyer services. The contract violates a statute requiring a
lawyer to be licensed. However, if Jaden is a licensed attorney, but he
failed to pay his annual dues on time to the state where he is licensed
to practice law, and this is why his license lapsed, a court may still
enforce the $5000 retainer contract between Brancy and Jaden. This is
because the lapse in the license because Jaden's failure to timely pay
attorney dues is considered a revenue raising type of regulation.
O True
O False
Transcribed Image Text:Brency hires Jaden to represent her in court, and signs an agreement to pay Jaden a $5000 retainer on April 23, 2023. Later Brency learns that Jaden is not a licensed attorney and never attended law school. In this case a court will not enforce the contract between Jaden and Brency for $5000 of lawyer services. The contract violates a statute requiring a lawyer to be licensed. However, if Jaden is a licensed attorney, but he failed to pay his annual dues on time to the state where he is licensed to practice law, and this is why his license lapsed, a court may still enforce the $5000 retainer contract between Brancy and Jaden. This is because the lapse in the license because Jaden's failure to timely pay attorney dues is considered a revenue raising type of regulation. O True O False
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