busn 420 week 3 assignment
- (TCO 4) Nationwide Business Company and One-State Sales, Inc., agree to simultaneously rescind their contract and enter into a new agreement under which their duties are the same. Nationwide later sues One-State to enforce the new agreement. The court
- (TCO 4) Opie enters into a contract with Belle. Later, Opie is adjudged mentally incompetent. Raye, Opie’s daughter, attempts to void Opie’s contract with Belle on the ground of Opie’s incompetency. The contract is
- (TCO 4) Jane offers to sell Kyle three desks for his Lights & Lamps Company administrative office. Kyle sends a rejection first, then changes his mind and sends an acceptance. Whether they have a contract is determined by
- (TCO 4) Peter offers to pay Quik Delivery (QD) $50 if it picks up and delivers to him a package from Rico within 30 minutes. QD can accept the offer only by meeting the deadline. If QD performs as directed, these parties will have
- (TCO 4) Baked Stuff Company agrees to supply Comida Café with all the corn chips that it requires for a year. A sudden blight caused by an organism hitherto unknown in the United States results in a shortage of corn, and the price rises sharply. Baked Stuff asks Comida to pay a higher price for the chips. This request is
- (TCO 4) Sonic Board Corporation files a suit against Custom Fabricators Company, claiming that the consideration for their contract is inadequate. The court will most likely not examine the adequacy of the consideration if
- (TCO 4) Flo tells Gregor that she will buy his textbook from last semester for $65. Gregor agrees. Flo and Gregor have
- (TCO 4) Suki works for Renaldo. At the end of her first year, Renaldo promises to pay her a bonus for her “four quarters of success.” Renaldo’s promise is
- (TCO 4) Shelby offers to make digital copies of Relay Company’s business conference videotapes, CDs, DVDs, and other media for $500. Under the mailbox rule and the Uniform Electronic Transactions Act (UETA), Relay’s acceptance by e-mail will be considered effective when
- (TCO 4) Braxton questions whether there is consideration for his contract with Tawny to exchange his accounting services for her payment of a certain amount. To constitute consideration, there must be
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