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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.

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3 years ago
A company having difficulty with timely delivery of parts to its manufacturing plants should implement a supply chain ________ s
Ksju [112]

Answer:

The answer is D, Execution System.

Explanation:

Supply chain Execution system is a system that ensures the delivery of materials or orders to the concerned departments. So in this example, when a company is having difficulty with timely delivery of parts to its manufacturing plants, the company should implement the Supply Chain Execution System in order to ensure the timely delivery of the material to the manufacturing plant of the company.

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3 years ago
Calculate the EBIT for a firm with $4 million total revenues, $3.5 million cost of goods sold, $500,000 depreciation expense, an
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Answer:

$0

Explanation:

Given that,

Total revenues = $4,000,000

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8 0
3 years ago
Warranty service, processing of complaints, and costs of litigation are examples of Multiple Choice appraisal costs. internal fa
zhannawk [14.2K]

Examples of internal failure costs include warranty service and complaint handling. As a result, choice b is accurate.

<h3>What do you mean by internal failure cost?</h3>

Internal failure costs are expenses related to flaws discovered prior to the client receiving the good or service. External failure costs are expenses related to flaws discovered after the client has purchased the good or service.

Internal failure costs are quality expenses related to product flaws found before a product leaves the facility.

Hence, warranty services all are examples of the internal failure cost.

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Answer:

The account that includes transactions like imports and exports, income earned by Americans abroad, and net transfers to other countries.

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A current account can be defined as an account that record the different transactions a country carries out with another country. A current account comprises of net primary income, earnings from foreign investors that have occurred within a particular period of time.

Almost all countries are involved in trading of goods and services with another country, a current account helps to evaluate the manner in which a particular country traded their different goods with foreign markets.There tends to be a postive balance of a country exports more goods than it imports.

4 0
3 years ago
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