Chapter 10 Essay

Submitted By Wahid-Maqsood
Words: 948
Pages: 4
Open Document
Student name:
Ihtishaam Ali
Date submitted:
3/8/15
Chapter:
10

Chapter Review Questions
Questions are at the end of each chapter under the “For Review” heading

1. intention to make offer, definiteness of terms, communication of offer
Expression of opinion, joke, statement of future intent

2.
When it is so agreed by the parties, when offeree commences performance to his determent before offer is revoked

3.
Voluntary act by offeree (words and/or conduct) shows assent timeliness communication of acceptance

4.
Click-on contracts earn for you to click on subject, shrink-wraps don't
A failure to be able to prove assent to the contact leaves in unenforceable

5.
A federal statute whose primary purpose is to remove barriers to E-commerce by making electronic signature as valid as actual
Makes E-signature valid if parties agree, provides for e-notary, security measure and protocols for determining when transmissions sent and/or received

Case Problem Write-up and Analysis
Questions are at the end of the chapter under the “Business Scenarios and Case Problems” heading

Case Problem number/page:
10-1 page 279

Case Name—List the names of the plaintiff and defendant.
Ball vs Sullivan

Facts—Describe the relevant facts of the case in order of their importance.
Sullivan demanded $60,000 for the land
Ball accepted and agreed to pay $60,000

Issue—What is the legal issue or problem presented that needs resolution? What is the dispute between the parties?
Will this be considered a contract

Rule of law—What legal principals or rules of law should be applied to the facts to decide the legal issue presented? Write and describe the rule of law you identified and cite the textbook page number.
Requirements of an offer – page 258
The party that receives the offer is known as the offeree. If the offeree accepts the offer, the two parties are considered to be in agreement.

Analysis—Describe how the law applies to the facts of the case. Give both sides.

In favor of plaintiff—
The offer was accepted and hence a contract exists

In favor of defendant—
Sullivan never replied back to confirm if he had accepted the offer

Conclusion—What legal conclusion do you draw? How does the rule of law you cited support this conclusion?
Sullivan didn’t confirm that he got the letter and Ball doesn’t have any statement from Sullivan that he will not sell the land to someone else

Case Problem Write-up and Analysis
Questions are at the end of the chapter under the “Business Scenarios and Case Problems” heading

Case Problem number/page:
10-4

Case Name—List the names of the plaintiff and defendant.
Bequator corp vs Tracfone wireless

Facts—Describe the relevant facts of the case in order of their importance.
TracFone does not allow their cell phones to use another service
Bequator buys 18,616 of the cell phones and disables the software so they can be used for any network provider

Issue—What is the legal issue or problem presented that needs resolution? What is the dispute between the parties?
Was there a breach of contract

Rule of law—What legal principals or rules of law should be applied to the facts to decide the legal issue presented? Write and describe the rule of law you identified and cite the textbook page number.
Shrink-Wrap agreements page 270
Shrink wrap contracts are license agreements or other terms and conditions of a (putatively) contractual nature which can be read and accepted by the consumer only after the consumer opens the product

Analysis—Describe how the law applies to the facts of the case. Give
Show More

Related Documents: Chapter 10 Essay

Chapter 10 Essay

Chapter 10 Leadership of Culture, Ethics, and Diversity The Power of Culture – An organization determines the way that it responds to changes in its external and internal environment. Organizational performance is enhanced when strategy, structure, and capabilities are aligned to culture. Experts and scholars on organizational culture have long maintained that culture serves two important functions in organizations: (1) it creates internal unity, and (2) it helps the organization adapt to the external…

Words 433 - Pages 2

Chapter 10 Essay

Chapter 10 Joints Arthrology is the science concerned with joints. Joints are classified according to their relative freedom of movement. A diarthrosis is freely movable. An amphiarthrosis is slightly movable. A synarthrosis is immovable. Joints are also classified according to how the adjacent bones are joined. In fibrous joints, collagen fibers cross the gap between two bone matrices and join them. In cartilaginous joints, the two bones are held together by cartilage. In synovial joints, the…

Words 1280 - Pages 6

Chapter 10 Essay

Shalisa Partee Chapter 10 1. The specific needs that my agency addresses is the need for quality public education. The agency also addresses the need for community and family connectedness. 2. Within the geographic area served by my community there are twenty two percent of the population that is seventeen years of age or below. 3. The average for Baltimore city is twenty one percent. 4. There is no specific subpopulation that is most likely to experience to experience or need this service. All…

Words 551 - Pages 3

Essay Chapter 10

Berkeley City College Music 15A Jazz, Blues and Popular Music in America Jazz Styles Chapter 10: Cool Jazz 1. The Style of Cool a. A style that developed in the late 1940’s and into the 1950’s was cool jazz. Cool jazz in contrast to bebop is generally softer in timbre, less angular in melody, less busy, avoids roughness or “brassiness,” relies more heavily on sophisticated chord arrangements, and often uses softer toned instruments like the flugelhorn, French horn and tuba. b. Cool was the most significant…

Words 849 - Pages 4

Chapter 10 Essay

Chapter 10 1. Why have teams become so popular? a. As organizations have restructured themselves to compete more effectively and efficiently, they have turned to teams as a better way to use employee talents b. Teams are more flexible and responsive to changing events c. Teams facilitate employee participation in operating decisions d. Teams are an effective means for management to democratize organizations and increase employee motivation 2. Differences between groups and teams a. Group: two or…

Words 452 - Pages 2

Chapter 10 Essay

Terms | Definitions | legitimacy | A characterization of elections by political scientists meaning that they are almost universally accepted as a fair and free method of selecting political leaders. When it is high, as in the United States, even the losers accept the results peacefully. | referendum | A state-level method of direct legislation that gives voters a chance to approve or disapprove proposed legislation or a proposed constitutional amendment. | initiative petition | A process permitted…

Words 369 - Pages 2

chapter 10 Essay

Entrepreneurship: Successfully Launching New Ventures, 4e (Barringer/Ireland) Chapter 10 Getting Financing or Funding 1) inDinero, the company profiled in the opening feature for Chapter 10, is described by its cofounders as "the fastest way for small businesses to manage their finances." Which of the following is not true about inDinero's founding story? A) In 2009, inDineor's founders applied to TechStars, which is a Boulder, CO-based seed-stage fund/incubator, and were turned down. B) The…

Words 5792 - Pages 24

Essay on Chapter 10

Chapter 10: The Judiciary Roots of the Federal Judiciary The detailed notes James Madison took at the Constitutional Convention in Philadelphia make it clear that the Framers devoted little time to writing Article III, which created the judicial branch of government. The Framers believed that a federal judiciary posed little threat of tyranny. One scholar has even suggested that, for at least some delegates to the Constitutional Convention, “provision for a national judiciary was a matter of theoretical…

Words 6280 - Pages 26

Chapter 10 Solutions Essay

10 Sinusoidal Steady State Power Calculations Assessment Problems AP 10.1 [a] V = 100/ − 45◦ V, I = 20/15◦ A Therefore 1 P = (100)(20) cos[−45 − (15)] = 500 W, 2 Q = 1000 sin −60◦ = −866.03 VAR, [b] V = 100/ − 45◦ , B→A I = 20/165◦ P = 1000 cos(−210◦ ) = −866.03 W, B→A Q = 1000 sin(−210◦ ) = 500 VAR, [c] V = 100/ − 45◦ , A→B I = 20/ − 105◦ P = 1000 cos(60◦ ) = 500 W, A→B Q = 1000 sin(60◦ ) = 866.03 VAR, [d] V = 100/0◦ , A→B A→B I = 20/120◦ P = 1000 cos(−120◦ ) = −500 W, B→A Q = 1000…

Words 8209 - Pages 33

Chapter 10 Solutions Essay

Solutions to Chapter 10 REVIEW CH. 9 CASH FLOW EQUATIONS ON P. 309 - 310 5. Revenue = Price  quantity = $2  6 million = $12 million Expense = Variable cost + fixed cost = $1  6 million + $2 million = $8 million Depreciation = $5 million/5 years = $1 million per year CF = (1  T)  (Revenue – expenses) + T  depreciation = .60  ($12 million – $8 million) + .4  $1 million = $2.8 million a. NPV = –$5 million + $2.8 million  annuity factor(5…

Words 533 - Pages 3