subject
Business, 06.12.2019 21:31 kaileelmiller71

Sam stevens lives in an apartment building where he has been working on his new invention, a machine that plays the sound of a barking dog to scare off potential intruders. a national chain store that sells safety products wants to sell sam’s product exclusively. although sam and the chain store never signed a contract, sam verbally told a store manager several months ago that he would ship 1,000 units. sam comes home from work one day and finds two letters in his mailbox. one is an eviction notice from his landlord, quinn, telling him he has to be out of the apartment in 30 days because his barking device has been bothering the other tenants. it also states that sam was not allowed to conduct a business from his apartment. sam is angry because he specifically told quinn that he was working on a new invention, and quinn had wished him luck. the second letter is from the chain store, demanding that sam deliver the promised 1,000 units immediately.

a. analyze the elements of this case to determine whether a valid contract exists between sam and the chain store. support your response by identifying the elements of a valid contract in your analysis.

b. assume there is not a valid contract between sam and the chain store. analyze the elements of a quasi-contract and a promissory estoppel to determine whether the chain store would prevail on a claim of either. why or why not? include support for your analysis.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 22:50
The following data pertains to activity and costs for two months: june july activity level in 10,000 12,000 direct materials $16,000 $ ? fixed factory rent 12,000 ? manufacturing overhead 10,000 ? total cost $38,000 $42,900 assuming that these activity levels are within the relevant range, the manufacturing overhead for july was: a) $10,000 b) $11,700 c) $19,000 d) $9,300
Answers: 2
question
Business, 22.06.2019 10:00
In a chapter 7 bankruptcy, a debtor:
Answers: 2
question
Business, 22.06.2019 14:00
The following costs were incurred in may: direct materials $ 44,800 direct labor $ 29,000 manufacturing overhead $ 29,300 selling expenses $ 26,800 administrative expenses $ 37,100 conversion costs during the month totaled:
Answers: 2
question
Business, 22.06.2019 15:30
University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times
Answers: 2
You know the right answer?
Sam stevens lives in an apartment building where he has been working on his new invention, a machine...
Questions
question
Mathematics, 25.01.2021 20:30
Questions on the website: 13722363