Allen is considering making an offer to baker to purchase baker's house. allen and baker had been discussing the matter for several weeks, and finally allen decided to make an offer to baker. he typed up the offer on his office computer, printed it off, and put it on his desk expecting to give it to baker later that day. he then left for lunch. baker's office happened to be in the same building, and while allen was at lunch baker wandered into allen's office, saw the offer, and wrote "i accept, baker" at the bottom of the document. during lunch allen changed his mind and decided not to buy the house after all. baker insists that he already accepted allen's offer, and therefore a contract exists between the two parties. is there a contract in this case?

1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)