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1. ABC Inc. sponsors the "Pioneer Trial Ultramarathon," with an advertised first price of $10,000. The rules require the competitors to run 100 miles from the floor of Blackwater Canyon to the top of the Pinnacle Mountain. The rules also provide that ABC reserves the right to change the terms of the race at any time. Andy enters the race and is declared the winner. ABC offers him a price of $1,000 instead of $10,000. Did ABC and Andy have a contract? Explain.
2. Andy, a sports marketing expert, met with Ben, the owner of the San Francisco Crazy Baseball team, many times to discuss the Andy Benson Crazy Company (ABC). Andy was paid as a consultant. Later, he filed a suit, seeking an ownership share in ABC. There was no written contract for the share, but he claimed that the matter had been discussed. Does Andy have a valid claim for payment? Discuss.
Virgil entered into a contract to sell Joe the OZ nightclub. The sale was conditioned on the successful transfer of the liquor license. Joe managed the club while the transfer
Dewey, an employee of american stair glide, had a novel idea for a safety device for elevator chairs manufactured by american. Dewey on his own time made a drawing and model o
In the post-feast portion of this fragmentary text, Eumolpus (Mr. Good Singer) replaces Ascyltus as Encolpius' rival for Giton's affections. Like Petronius, Eumolpus is a writ
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Suppose the revenue for a firm is $8,000,000. Its cost of goods sold is $300,000, and its average inventory value for the year is $100,000. a) What is the firm’s inventory tur
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