Author Question: Pastor Tom was employed by the First Church for 40 years. On Pastor Tom's retirement there was no ... (Read 119 times)

tth · **on:** Jun 24, 2018

Pastor Tom was employed by the First Church for 40 years. On Pastor Tom's retirement there was no adequate pension plan. Two months after the retirement, a wealthy parishioner, in consideration for Pastor Tom's 40 years of faithful service and for being such a sweet man, promised to pay him 500 per month for the rest of his life. This promise probably is not enforceable.
Indicate whether the statement is true or false

Question 2

Intellectual property rights are valuable assets that can be licensed to a foreign licensee as a means to penetrate a foreign market rather than establish a wholly owned subsidiary.
Indicate whether the statement is true or false