Explain timmy says he doesn like getting swindled, Operation Management

Assignment Help:

Timmy Thompson, who finished his second year at a local community college last May, sees an advertisement to rent an apartment at Ocean Apartments for $1,500 a month. Timmy walks into the lobby of Ocean Apartments to rent an apartment, but he is told by Lily Lightfoot, the President of Ocean Apartments, Inc., that there was a mistake on the ad and rent is actually $2,000 a month. Timmy says he doesn like getting swindled and shouldn get the apartment as he signs the 1 year lease. Lily then signs the lease on behalf of Oceans Apartments, Inc., the entity that owns the apartments.

1. Based on the facts above, have the parties entered into a binding contract? Please explain your answer, making sure that you discuss each element of a contract and identifying how each was or was not met


Related Discussions:- Explain timmy says he doesn like getting swindled

Performance dimensions common in service than manufacturing, 1. Name some p...

1. Name some performance dimensions more common in service than manufacturing operations.  Answer: These are the dimensions listed. Services tend to be more intangible and tailo

Explain when acquiring an innovative technology externally, Your company, a...

Your company, a large online high school, is planning to implement a new innovative social networking technology for their students. The technology would allow students to get to k

Food is an integral part of understanding different cultures, Food is an in...

Food is an integral part of understanding different countries, cultures, and lifestyles. In fact, your company is interested in importing Australian wine to the United States. Howe

Explain what steps can the uaw take, The United Auto Workers union enters i...

The United Auto Workers union enters into contract negotiations with the Ford Motor Company in Michigan. What are the three main subject areas the UAW can negotiate with Ford? Prov

What are current examples of unethical business decisions, What are recent ...

What are recent examples of unethical business decisions that have had a large impact on society?

Explain managers and supervisors need to have knowledge, Why do all manager...

Why do all managers and supervisors need to have knowledge and skills related to Human Resource management?

Performance measurement in organisations, Performance Measurement 1. A...

Performance Measurement 1. An effective performance measurement framework rarely is derived from one single approach.  2. Each of the methods outlined comes with its own un

Describe an issue involving mortgage foreclosures, Discusses an issue invol...

Discusses an issue involving mortgage foreclosures in your state and write a summary

How motivate the successful salesperson, 1. The chapter mentions the theory...

1. The chapter mentions the theory of transaction cost analysis (TCA). What role does TCA play in the decision to use a company sales force rather than independent manufacturers' a

Explain gather information outside a case analysis, When should you gather ...

When should you gather information outside a case analysis by going to the library or using the Internet and, what should you look for?

Write Your Message!

Captcha
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