Acme Equipment offers to sell a dough-cutting machine to Big Bagels Inc. The offer states: “This offer expires Friday noon.†Acme is based in Boca Raton, Florida. Big Bagels is based in Los Angeles, California. On Friday, at 10:00 am Eastern time (Florida time), the sales manager for Acme calls the president of Biscuits and says, “Well, I guess you don’t want it. Contract is terminated.†What are the elements of a valid offer? Was this a valid offer, and why? Should this contract be terminated, and why?,Acme Equipment offers to sell a dough-cutting machine to Big Bagels Inc,1) Acme Equipment offers to sell a dough-cutting machine to Big Bagels Inc. The offer states: “This offer expires Friday noon.†Acme is based in Boca Raton, Florida. ,Big Bagels, is based in Los Angeles, California. On Friday, at 10:00 am Eastern time (Florida time), the sales manager for Acme calls the president of Biscuits and says, “Well, I guess you don’t want it. Contract is terminated.â€,Firstly, What are the elements of a valid offer?,Secondly, Was this a valid offer, and why?,Thirdly, Should this contract be terminated, and why?,2) Yellow Heating Inc. offers to ship furnaces to Zippy Inc. for $4,500 cash. Zippy’s CEO e-mails back, “Great, I accept, as long as we can make that payable in three weeks, not tomorrow.â€,Firstly, What are the elements of a valid acceptance?,Secondly, Was this a valid acceptance and why?,3) On Monday morning, Andy and Brian enter an oral, unwritten contract for the sale of five acres of land in Delray Beach, Florida, at “$10,000 per acre.â€,On Tuesday morning, Andy demands that Brian pay him “$11,000 per acre†for the land. Brian refuses. Andy sues.,Firstly, Who should win, and why?,Further, In your answer, explain written/oral and implied/express contracts.,4) Abby is a brilliant 16-year-old high school student who has invented “The Spritzer,†a device to keep vegetables fresh in the refrigerator. Abby goes to TGI Thursday’s restaurant, where she meets up with Brianna, the 23-year-old sister of Abby’s best friend. They sit down for a bite to eat. Brianna has four vodka-and-tonics, Abby has a Coca-Cola. Brianna and Abby write a contract on a sheet of paper, and sign it, stating that Brianna promises to pay Abby $100,000 for all rights in The Spritzer.,Firstly, Is this a valid contract?,Secondly, what are the reasons why this might not be a valid contract?,Lastly, you shall be grade d on your complete and proper explanations, research and language usage, all as note d below.,The report must be no more than 1,000 words .,A report that does not follow this form will be deducted per the grading rubric. Finally, this project is 15% of your overall grade.,Attachments,Click Here To Download,
Our writers have already helped 2,000+ students conquer their homework goals. Let them help you.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more