Discuss about the first texas savings association

Assignment Help Business Law and Ethics
Reference no: EM131657403

Question: First Texas Savings Association promoted a "$5,000 Scoreboard Challenge" contest. Contestants who completed an entry form and deposited it with First Texas were eligible for a random drawing. The winner was to receive an $80 savings account with First Texas, plus four tickets to a Dallas Mavericks home basketball game chosen by First Texas. If the Mavericks held their opponent in the chosen game to 89 or fewer points, the winner was to receive an additional $5,000 money market certificate. In October 1982, Jergins deposited a completed entry form with First Texas. On November 1, 1982, First tried to amend the contest rules by posting notice at its branches that the Mavericks would have to hold their opponent to 85 or fewer points before the contest winner would receive the $5,000. In late December, Jergins was notified that she had won the $80 savings account and tickets to the January 22, 1983, game against the Utah Jazz. The notice contained the revised contest terms. The Mavericks held the Jazz to 88 points. Was Jergins entitled to the $5,000?

Reference no: EM131657403

Questions Cloud

Terms and conditions of the credit card agreement : In December 1999, Wilson applied for a Citibank credit card and signed an acceptance certificate in which she agreed to be bound by the terms and conditions.
The difference between a corporation and a conglomerate : Describe the difference between a corporation and a conglomerate.Consider the ethics of media conglomerates in the United States.
What is the current yield on the bonds : The bonds make semiannual payments and currently sell for 108 percent of par. What is the current yield on the bonds? The YTM? The effective annual yield?
Draw the shear force diagram for the beam : Calculate the expected value of poisons ratio for the material - Determine the position and magnitude of the maximum bending moment
Discuss about the first texas savings association : First Texas Savings Association promoted a "$5,000 Scoreboard Challenge" contest. Contestants who completed an entry form and deposited it with First Texas.
Provide four annual equal amount withdraws : 8500 is deposited into an account paying 8% annually, to provide four annual equal amount withdraws beginning in one year.
What are the most important things for case managers : Based on what you learned about this culture, what are the most important things for case managers to know about this culture?
Account after the second withdraw : Continuing from the previous question, how much money would be left in the account after the second withdraw?
Is drinking alcohol harmful to an unborn baby : Is drinking alcohol harmful to an unborn baby? Briefly introduce and outline your ethical issue. Why is it an ethical issue?

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

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