Quarter million dollar challenge

Assignment Help Business Economics
Reference no: EM131083427

Nutritional Sciences LLC sponsor the “Quarter Million Dollar Challenge,” a contest requiring contestants to use the company’s nutritional products and training plants to lose weight and get in shape during A 13-week period. A panel of judges would select a number of winners based on their success in the program. Contest rules stipulated that “all winners must agree to the regulation outlined specially for winners before claiming championship or money.” Next to this statement was an asterisk. The noted linked the asterisk reserved the right of nutritional Sciences to cancel the contest or alter its terms at any time. Donna Engler learned that she was chosen female runner-up in her age group, and she expected to receive the advertised prized of$1,500 cash and $500 worth of products. When she went to sing the agreement to claim her prize, she found that the company had changed the prize to $250, so she refuses to sign and sued for breach of contract. The trial court initially dismissed her case, and she appealed. How do you think the court of appeals decided the case and why?

Reference no: EM131083427

Most affect human welfare or happiness

Name the factors not counted in GDP that, in your view, most affect human welfare or happiness. How do you imagine that modifying to account for these factors would raise or l

Some states have had laws restricting the sale of most goods

"Some states have had laws restricting the sale of most goods on Sunday. Consumers, by and large, oppose such laws because they find Sunday afternoon a convenient time to shop

Textbooks change the equilibrium price-quantity in market

Assume that the demand for textbooks is perfectly elastic. How would a decrease in the supply of textbooks change the equilibrium price and quantity in the market? Assume that

Per-worker production and capital depreciates

Assume that a country's per-worker production is y = k1/2, where y is output per worker and k is capital per worker. Assume also that 10 percent of capital depreciates per yea

Find the nash equilibrium of the second stage

Assume that the market demand in an industry is: P(Q) = 1 – Q, and that the cost functions of the firms are Ci(qi) = 0.5 qi + F, for all the firms i = 1, 2,…n, where m

Utility rises as more of an item is consumed

Suppose that you observe that the total utility rises as more of an item is consumed. What can you say for certain about marginal utility? Can you say for sure that it is risi

Widgets are supplied by a competitive constant-cost industry

Widgets are supplied by a competitive constant-cost industry. On Monday, the industry is in both short-run and long-run equilibrium. On Tuesday, the demand for widgets increas

What types of externality does smoking in a classroom convey

Consider smoking in a classroom, where students have the right to clean air. What types of externality does smoking in a classroom convey? Explain. How could this externality


Write a Review

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd