1. Universal, Inc., a manufacturer of space suits, entered into a contract with the Taylor family, who owned the Vancouver Penguins, a minor league baseball team. Universal rented space in the center field electronic sign. The terms of the contract gave Universal the right to change the wording of the sign, and the ball club had two days to install the new sign. Initially, the sign indicated that Universal would pay $2,000 to any player who was able to steal two bases in one game. Two weeks after the sign was posted, Tony Anderson managed to steal two bases in one game. At the conclusion of the game, Universal requested that the sign be changed to indicate that $3,000 would be paid to any player who managed to hit a triple. A week later, the original sign was still in place. In the game that took place that day, Ben Miller stole two basis and Doug McKenzie hit a triple. Universal will not pay Anderson, Miller, and McKenzie. What rights do each player have

Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.