Fritz hoffman and fritz frey contacted the sun valley com- pany (company) about purchasing a 1.64-acre piece of property known as the ruud mountain property, located in sun valley, idaho, from company. mr. con- ger, a representative of company, was authorized to sell the property, subject to the approval of the executive committee of company. conger reached an agreement on the telephone with hoffman and frey, whereby they would purchase the property for $90,000, payable at 30 percent down, with the balance to be payable quar- terly at an annual interest rate of 9.25 percent. the next day, hoffman sent conger a letter confirming the conversation. the executive committee of company approved the sale. sun valley realty prepared the deed of trust, note, seller’s closing statement, and other loan docu- ments. however, before the documents were executed by either side, sun valley company sold all its assets, including the ruud mountain property, to another pur- chaser. when the new owner refused to sell the ruud mountain lot to hoffman and frey, they brought this action for specific performance of the oral contract. who wins? hoffman v. sun valley company, 102 idaho 187, 628 p.2d 218, 1981 ida. lexis 320 (supreme court of idaho)

Alandowner and his neighbor purchased adjoining undeveloped lots. after both built homes on their respective lots, the landowner suggested to the neighbor that a common driveway be built where the two lots joined. the neighbor agreed. the landowner and the neighbor split the cost of constructing the driveway and entered into a written agreement to equally share the costs of its upkeep and maintenance. the agreement was recorded in the county recorder's office. two years later, the neighbor built a new driveway located entirely on his lot. the common driveway, which the landowner continued to use but which the neighbor no longer used, began to deteriorate. the landowner asked the neighbor for money to maintain the common driveway, but the neighbor refused to contribute. three years later, the neighbor conveyed his lot to a friend. the friend entered into possession and used only the driveway built by the neighbor. by this time, the common driveway had deteriorated badly and contained numerous potholes. the landowner asked the friend to pay half of what it would take to repair the common driveway. the friend refused. the landowner repaired the driveway and sued the friend for 50% of the cost of repairs. will the landowner prevail?

Amap from a trade development commission or chamber of commerce can be more useful than google maps for identifying

Evaluate a real situation between two economic actors; it could be any scenario: two competing businesses, two countries in negotiations, two kids trading baseball cards, you and another person involved in an exchange or anything else. use game theory to analyze the situation and the outcome (or potential outcome). be sure to explain the incentives, benefits and risks each face.