1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Stolb23 [73]
3 years ago
6

Joshua Gnaizda received an envelope in the mail from Time, Inc. The front of the envelope contained two see-through windows part

ially revealing the envelope contents. One window showed Joshua’s name and address. The other revealed the following statement:
JOSHUA A. GNAIZDA, I’LL FIVE YOU THIS VERSATILE NEW CALCULATOR WATCH FREE JUST FOR OPENING THIS ENVELOPE BEFORE FEBRUARY 15, 1985.
Beneath the offer was a picture of the calculator watch itself. Joshua’s mother opened the envelope and realized she had been deceived by a ploy to get her to open a piece of junk mail. The see-through window had not revealed the full extent of Time’s offer. Printed below the picture of the calculator watch, and not viewable through the see-through window were the following additional words: "AND MAILING THIS CERTIFICATE TODAY!" The certificate itself clearly required that Joshua purchase a subscription to Fortune magazine in order to receive the free calculator watch.
The good news was that Joshua could save up to 66% on the subscription, which might even be tax deductible. Even more important to the bargain hunter, prices may never be this low again. The bad news was that Time obviously had no intention of giving Joshua the versatile new calculator watch just for opening the envelope. Joshua’s parents sued on his behalf for, among other things, damages equal to the value of watch and $15,000,000 in punitive damages.
Is Time’s advertisement an offer to open a contract between them and Joshua? If Time did not make an offer, what did they do?
Business
1 answer:
andreev551 [17]3 years ago
7 0

Answer and Explanation:

There is no contract between Time's and Joshua, because it is not legally binding to each other and it has not been signed by either party. So not a single party is liable for the contract as the contract is unsigned and non-liable

Time has used it as a promotional means only for promoting magazine subscriptions.

Therefore, a case can not be built on letter-based basis.

You might be interested in
Serios is a software development firm in Canada. It creates an application to guide the development of Maglev trains in Mexico C
xxTIMURxx [149]

Answer:

C. Software as a service

Explanation:

(Leinsta can only use SOFTWARE provided by Serios as a SERVICE

6 0
3 years ago
Read 2 more answers
the act of an insurance company publishing misleading information about its policy provisions is called
tester [92]

Answer:

The right response is "False advertising". A further explanation is given below.

Explanation:

  • False advertising refers to just about every documented argument but rather television advertising which always benefits customers an inaccurate view as well as believing of the prospective customer.
  • Regrettably, several other organizations have decided to appreciate the value of having appeared to receive just one substantial discount and perhaps another opportunity to encourage people to purchase, with really no intention of agreeing.
3 0
2 years ago
Your division is considering two investment projects, each of which requires an up-front expenditure of $25 million. You estimat
Veseljchak [2.6K]

The answer is attached in form of text file below giving solution to each of the question parts in detail.

Download docx
7 0
3 years ago
Read 2 more answers
Shue, a partner in the Financial Brokers Partnership, has a 30 percent share in partnership profits and losses. Shue's capital a
mr Goodwill [35]

Answer:

C. $300,000

Explanation:

Shue Capital Account:

contribution                          50,000

partnership income x 30%

withdrawals                       (240,000)

change in capital account (100,000)

50,000 + Shue profits - 240,000 = -100,000

Shue profit = 240,000 - 100,000 - 50,000

Shue profit =   90,000

Partnership profit:

90,000 / 0.30 = 300,000

4 0
3 years ago
The distinction between a normal and an inferior good is
Katarina [22]

Answer:

Normal good are goods whose demand increases when income increases and falls when income falls. They exhibit a positive relationship with income.

Inferior goods are goods whose demand falls when income increases and whose demand rises when income falls.

Explanation:

8 0
3 years ago
Other questions:
  • Northern Company has bonds with an amortized cost of $600,000. At the end of the first reporting period, the bonds had a fair va
    12·1 answer
  • Tattoo Tax Arkansas imposes a 6% tax on tattoos and body piercings to discourage this behavior, meaning that the people of Arkan
    12·1 answer
  • When the price of gas goes up and the demand for tires goes down, this means tires and gas are:?
    6·1 answer
  • How do you know if you are eligible to open and make contributions to a Roth IRA?
    15·1 answer
  • A company had sales of $500,000 in 1996 and sales of $720,000 in 1998. Use the midpoint formula to find the company's sales in 1
    13·1 answer
  • Aaron Company uses the periodic inventory cost flow method. If Aaron's ending inventory is understated due to an accounting erro
    6·1 answer
  • Last year the company had net operating income of $450,000 on sales of $1,500,000. Lost Peak’s average operating assets for the
    15·1 answer
  • Oscar makes purchases of an existing product (X) such that the marginal utility of the last unit he consumes is 10 utils and the
    13·1 answer
  • Donn Luxury Resort has just received a utility expense of $45,000. However, the utility expense for Donn was budgeted as $38,700
    12·1 answer
  • The cash records of Crane Company show the following. For July:
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!