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L. B. Foster invited Tie and Track Systems Inc. to submit price quotes on items to be used in a railroad expansion project. Tie and Track responded by email on August 11, 2006, with prices for 9 items of steel ties. The e-mail concluded, "The above prices are delivered/Terms of Payment-to be agreed/ Delivery-to be agreed/We hope you are successful with your bid. If you require any additional information please call." Just 3 of the 9 items listed in Tie and Track's price quote were "accepted" by the project. L. B. Foster demanded that Tie and Track provide the items at the price listed in the quote. Tie and Track refused. L. B. Foster sued for breach of contract. Did the August 11 e-mail constitute an offer, acceptance of which could bind the supplier to a contract? If so, was there a valid acceptance?
Given which the US Bureau of Census uses sampling to check the accuracy of various censuses, a constitutional amendment should be passed replacing the decennial census with a sample
Illustrate what are some of the ethical issues related to global outsourcing? Find out a company that has outsourced part of its workforce globally and examine the ethical issues that they may have had to deal with.
White Wedding Corporation will pay a $3.05 per share dividend next year. Company pledges to increase its dividend by 5.25 percent per year, indefinitely.
Pipelines account for more than 20 percent of the intercity ton-miles but less than 5 percent of the revenue paid by shippers to transportation companies. What factors account for this contrast? Is this situation likely to change? Why or why not?
The monopoly's demand is p(y) = 850-2y. The cost of production is c(y) = 50y. From the MR and MC of these, I got the optimal output of y=200 units and P=$450.
What factors do these rating agencies evaluate when determining a company's financial risk classification? In what range of financial risk classification do we find most companies?
1. Are credit cards or debit cards money? Explain your answer. 2. "When the Fed makes an open market purchase of government securities, the quantity of money will eventually decrease by a fraction of the initial change in the monetary base." Is th..
Mismanagement of diversity regain public trust regarding their value of diversity
Three common financial measurements for Economic Feasibility are: Can anyone define these?
Quality metrics are a key component of an effective quality management plan and are the measurements used in ensuring customers receive acceptable products or deliverables. The diagram below shows potential quality metrics areas to explore. C..
Explain how this leader instilled a culture of sustainability at his company. Explain general management strategies a business leader can use to increase sustainability in your field.
Each year, the Hundleys usually have itemized deductions of $9,500, including a $3,600 pledge payment to their church. Upon the advice of a friend they do the subsequent in early January 2010, they pay their pledge for 2009 during the 2010, Descri..
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