In the case of Adams v. Lindsell it established the postal rule which stated‚ acceptance is effective on posting‚ this means in some situations where a letter of acceptance was by post‚ the acceptance will be effective at the time and place of posting even if the offeror has no knowledge of this. The issue in the case of Susan and Manesh is whether the postal rule applies. In the case of Quenerduaine v. Cole it stated where an offer was made by telegram and acceptance by post‚ it was not seen as
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Slayton’s Furniture Store Fakta DOVETAIL BEDROOM SET ITEM NOMINAL Selling price (each) $1‚000 Unit cost (each)* $600 Average annual sales 80 sets Ordering cost** $40 per order Annual carrying cost*** 30% Safety stock 2 sets Wright per set 1000 lb Lead time (average) 4 weeks *Excludes freight cost **This cost includes receiving ($20 per order) and paperwork ($20 per order) ***This cost includes the cost of capital (15%)‚ insurance (3%)
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CONTENTS Page no. 1. Table of Cases . PROPOSAL 2. .Definition of proposal. .
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Acceptance is Freedom Freedom is a word that we use so often‚ but what does it truly mean? Everyone has a different definition of what freedom is. Some believe that freedom is saying whatever you want without consequences or doing what you want without consequences‚ while others believe that freedom is about equality. However‚ author Ambrose Flack presents a new and refreshing viewpoint. In his short story‚ The Strangers That Came to Town‚ Ambrose Flack is showing that true freedom is about
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Intrigued by the subject I went to Nepal to the Himalaya range to see the Everest. Body I. the Everest has many stories behind it. A. The first people to conquer the summit 1. In 1953 the first two people reached the summit‚ the New Zealander Edmund Hillary and Tenzing Norgay from Nepal. B. Mount Everest is considered to be a death zone. 1. It is very hard for climbers to survive in a death zone. The temperature Can get to very low levels
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Company Valuation AAPL:US – BUY Price: $266.70 June 28‚ 2010 Price Target: $336.34 NAMES Apple Inc Industry: Computers & Mobile Devices • Exchange: NASDAQ GS Apple continues to create economic value through innovative product designs and strategic partnerships with component parts suppliers and device manufacturers. The company is enjoying strong revenue growth and high profit margins‚ leading to a market capitalization of 242.68 billion‚ making it the highest
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Robin Hood‚ by J. Walker McSpadden Part 1 out of 4 FullBooks.com homepage Index of Robin Hood‚ by J. Walker McSpadden Next part (2) This etext was prepared by Joseph S. Miller‚ Pensacola‚ FL and Embry-Riddle Aeronautical University Library‚ Prescott‚ AZ. Robin Hood by J. Walker McSpadden CHAPTER I How Robin Hood Became an Outlaw CHAPTER II How Robin Hood Met Little John CHAPTER III How Robin Hood Turned Butcher‚ and Entered the Sheriff’s Service CHAPTER
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answering machine recorded Bill’s message stating that he wished to withdraw his acceptance. On Monday Alice opened Bill’s letter‚ which arrived that morning‚ and then played back the message on the machine. Advise Alice.’ Introduction Begin by exploring what topic the question is talking about so in this case the question is talking about how Bill has revoked his acceptance. Define the term revoke his acceptance. Main Body Argument for the point that there is a contract that has been bound:
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professionals) typically make furniture purchase decisions. In this case‚ it mentions 4 stages which include need recognition‚ search process‚ pre-purchase evaluation‚ and purchase. Need recognition occurs when consumers really need more furniture commonly. Actually‚ many situations will cause their needs. For instance‚ replacing their furniture‚ having more money‚ get ting married and so on. After they decide to buy new furniture‚ if the need of new furniture is not very urgent‚ they intend
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Nike Inc. Case 1. What is the WACC and why is it important to estimate a firm’s cost of capital? WACC is weighted average cost of capital‚ which is the expected rate of return on average from all the company’s existing debts and securities. It takes into account all different types of financing in the company’s capital structure. The reason it is important to estimate WACC is because it measures what it costs the firm to take on a project based on its current Debt and Equity mix. When the
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