Multiple Choice
Jack,who recently retired,wants to invest in a new upstart local company,The Turmoil Corp.As part of the deal for investing in The Turmoil Corp.,the company has agreed to give Jack "...some sort of maintenance or security job for as long as he feels able." This agreement would best be placed
A) in the charter.
B) under seal,since it lacks consideration.
C) in writing,since it falls under the Statute of Frauds.
D) in the by-laws,since it will need changing.
E) in a separate side agreement,so as to avoid clutter and confusion.
Correct Answer:

Verified
Correct Answer:
Verified
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