Pioneer trial ultramarathon with an advertised

Assignment Help Operation Management

Reference no: EM13762174

1. ABC Inc., sponsors the "Pioneer Trial Ultramarathon," with an advertised first price of $10,000. The rules require the competitors to run 100 miles from the floor of Blackwater Canyon to the top of the Pinnacle Mountain. The rules also provide that ABC reserves the right to change the terms of the race at any time. Andy enters the race and is declared the winner. ABC offers him a price of $1,000 instead of $10,000. Did ABC and Andy have a contract? Explain.

2. Andy, a sports marketing expert, met with Ben, the owner of the San Francisco Crazy Baseball team, many times to discuss the Andy Benson Crazy Company (ABC). Andy was paid as a consultant. Later, he filed a suit, seeking an ownership share in ABC. There was no written contract for the share, but he claimed that the matter had been discussed. Does Andy have a valid claim for payment? Discuss.

Reference no: EM13762174

Questions Cloud

Write a paragraph narrating the issue of kantianism : Write a paragraph narrating the issue of Kantianism, Social Contract, Rule Utilitarianism, Act Utilitarianism and Virtual Ethics.

Discuss the timestamp ordering protocol for concurrency : Discuss the timestamp ordering protocol for concurrency control. How does strict timestamp ordering differ from basic timestamp ordering

Calculate the present value of an ordinary annuity : Bill plans to fund his individual retirement account (IRA) with the maximum contribution of $2,000 at the end of each year for the next 20 years. If Bill can earn 12 percent on his contributions, how much will he have at the end of the twentieth year..

Calculate the value per share of the preferred stock : A firm has an issue of preferred stock outstanding that has a stated annual dividend of $4. The required return on the preferred stock has been estimated to be 16 percent. Calculate the value per share of the preferred stock.

Pioneer trial ultramarathon with an advertised : ABC Inc., sponsors the "Pioneer Trial Ultramarathon," with an advertised first price of $10,000. The rules require the competitors to run 100 miles from the floor of Blackwater Canyon to the top of the Pinnacle Mountain. The rules also provide that A..

Reading and laboratory exercises, : As a result of your reading and laboratory exercises, complete the final project below.Instructions: Build a comprehensive Webpage of your choice marketing a product or service.Include the following in your Webpag

Firms prefer to acquire existing assets : "Firms prefer to acquire existing assets rather than undertake greenfield investments while contemplating FDI." Explain the reasons that support this argument.

Identify key performance objectives : The Green Organization has contracted with you to develop a training program for improving performance and effectiveness in their regional offices globally in the Real Estate Group. The Group accounts for over 10% of gross revenues to the organizatio..

A safety manager for a civil contractor building : 1) You are a safety manager for a civil contractor building new sewer lines for the city. Your company must excavate a trench 6' deep and 12' wide and install the concrete sewer pipe. What would be your first step in providing a safe work area? What ..

User Account

All Pages