The issues arise in Andrew’s case are related to concepts of offer and acceptance and promissory estoppel. If a strict adherence to the rules on offer and acceptance is adopted, it is necessary to determine when the contract was formed. First, as a general rule, a advertisement amounts to invitation to treat( case in Partridge v Crittenden). This is because, in business sense, if advertisements were offers, then the sellers might find themselves unable to supply all those who accept the offer( the ‘limited stocks’ argument). A website is the electronic version of advertisement and it constitutes invitation to treat. An invitation to treat, in this case, the advertisement of the accommodation cost of £300 according to the motel’s website, would only be considered as motel’s willingness to receive offers, in other words, the offer will come from the customer. Since the motel emailed back to Andrew and stated that they were prepared to provide the accommodation for £200 as part of a special promotion. This email indicates that the position of offering has changed, it is no longer the case that the consumer who gives offer to the website provider. There is sufficient evidence from the email created by motel to amounts to an offer as it satisfies two conditions in Article 31 CESL: a)it is intended to result in a contract if the other party accepts it. in other words, if Andre agrees to pay £200, then there will be a definite contractual bound as the motel promised to be. b)it
b. What medium would you use to reach each of these parties and what would your relative resource allocation be to each?
This paper provides a case study analysis and case solution to an organizational behavior and leadership Harvard Business School case study by Michel Anteby and Erin McFee concerning the Transportation Security Administration (TSA) at Boston’s Logan Airport (Anteby & McFee, 2009). The case focuses on supervisor and managerial responses to a Transportation Security Officer’s (TSO) role in enabling a security breach at the airport. The time setting for the case study is a Monday morning in 2009, the day after the security breach. The principal decision maker is Mina O’Reilly, one of about 100 Supervisor Transportation Security
2) For year 1 the new system depreciated by 20 percent. Multiply that by the net initial investment and you get the total amount depreciated after 1 year, equal to $60,588. With a 36 percent tax rate you get the depreciated tax savings of $21,812.
“No one need think that the world can be ruled without blood. The civil sword shall and must be red and bloody,” (Andrew Jackson). In this quote, you can see that Jackson was a very violent person. This was quite the case in the time of his presidency, and even before it. From a young age, Jackson developed a temper, and never quite outgrew it. In his teens, he joined a local militia. Jackson decided to work in the law department in North Carolina after the war. He took the reputation of the fiercest fellow in the town. He continued law in Tennessee and soon earned enough money to finally keep him on his feet. Jackson established himself as a gentleman planter. He became known in the Battle of New Orleans and his popularity only grew from there.
3.) . Should the February 1, 2012, agreement and the May 1, 2012, agreement be accounted for separately or as a single arrangement?
Towards the end of the 1930s, the United States government was preparing itself to progress from one despondency to another. Because the Great Depression was nearing its final months and the threat of becoming involved in the European war continuously intensified, it was decided that substantial amounts of energy, along with an ascending budget, was to be focused on developing military boats that could haul soldiers from ships to open beaches. In New Orleans, Andrew Jackson Higgins was known for manufacturing Eureka Boats, or shallow-watercrafts that assisted in the exploration of oil and gas throughout the Louisiana bayous. After many failed attempts Higgins was able to adapt his design
The career of Dick Spencer presented in the assigned case offers several opportunities for the business student to examine principles of management using a realistic example of the modern business environment. This paper undertakes to perform an analysis of Mr. Spencer’s career in order to identify and explore those factors that contributed to his early career success as a sales person as well as those factors that contributed to significant challenges experienced by Mr. Spencer as he transitioned into the operations side of his company’s business and began to progress in his career up through the ranks of middle management. The paper concludes by offering recommendations that could have helped Mr.
The offer and acceptance model is flawed- only an agreement is necessary. In order to fully comprehend this statement, we must first establish what constitutes and offer and what constitutes acceptance. “An offer is a statement by one party of willingness to enter into a contract on stated terms, provided that these terms are, in turn, accepted by the party to whom the offer is addressed”. Acceptance is “…an unqualified expression of ascent to the terms proposed by the offeror”. The “Offer and acceptance model” is based on the court’s adopt the “mirror image” rule of contractual formation. Applying the definitions stated above, we can take this to mean that there must be a clear and unequivocal offer which must be matched by an equally
a. What other companies could learn from Under Armours process of innovation, is to always push ideas and creativity pass its
In reaching a decision on whether or not to purchase and retrofit the new site(s), Maass and
• Continue to follow the family branding line extension strategy in order to introduce new products such as skin care, soaps, mouthwashes, lotions, and antacids in order to gain increased market exposure and economies of scale. Recent launches of products such as chewing gum with baking soda are testing this strategy.
1. Incremental cash flows are ultimately the relevant cash flows to be used in project analysis. It is the difference between the cash flows the firm will have if it implements the project, and the cash flows the firm will have if it rejects the project. Although they are a cash expense, interest expenses are not included in project cash flows. We discount a projects cash flows by using its weighted average cost of capital (WACC), which already includes the cost of debt. Therefore, we do not include interest expenses in cash flows because it would essentially be counting them twice.
Contracts are used in many different forms and for just as many different situations within our everyday lives. Some contracts are more involved than others and for some; contracts are an essential of their success. As we continue, we will take a look at different types of contracts with the main focus on enforceable contracts. With so many elements that are incorporated into any contract, the six essential elements of enforceable contracts will be the main focus of this writing. Having a clearer understanding of the essentials of life will help prepare us for life’s curves that may come our way.
Introduction: In this assignment I will go over a few legal terms in relation to contract law. I will also talk about a few precedents that help explain the law.
In relation to the situation, the following data is also pertinent: “Employment discrimination is prohibited against "qualified individuals with disabilities." This includes applicants for employment and employees. An individual is considered to have a "disability" if he or she has a physical or mental impairment that substantially limits one or more major life activities, has a record of such an impairment, or is regarded as having such an impairment. Persons discriminated against because they have a known association or relationship with an individual with a disability also are protected.