Advertisements usually do not amount to offers. Is this fair? Should businesses have legal obligations to sell

Question:

Advertisements usually do not amount to offers. Is this fair? Should businesses have legal obligations to sell items at an advertised price?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Business Law and the Legal Environment

ISBN: 978-1133587491

5th edition

Authors: Jeffrey F. Beatty, Susan S. Samuelson

See More Books

Question Posted: Feb 12, 2020 07:32 AM

See More Questions

Advertisements for a particular brand of soap include the phrase, "Love the skin you're in." Print ads usually show a close-up of a young woman's clean face, and the copy is usually written as if she...
1. Why do advertisers continue to post ads on Facebook, even though the click-through response rate is so low? 2. How does Web advertising affect consumer behavior? Does it help build customer...
1. What were the major factors used by the board in determining secondary meaning? 2. Why does Hersheys have to show a secondary meaning to obtain trademark protection? 3. Has the board interpreted...
The following balance sheets were prepared for Pam Corporation and Slest Company on January 1, 20X2, just before they entered into a business combination: Pam acquired all of Slest Companys assets...
A pharmaceutical company producing vitamin capsules desires a proportion of calcium content between 40 and 55 ppm. A random sample of 20 capsules chosen from the output yields sample mean calcium...
Use the following spreadsheet to work Problems. The spreadsheet provides data on the U.S. economy: Column A is the year, column B is the inflation rate, column C is the interest rate, column D is the...
Describe the six categories of early warning signs of potential fraud.
Ford 10-K a. What are the key cash and liquid asset accounts for Ford? What types of marketable securities does Ford possess? b. What are the critical accounting policies for these accounts? c. What...
3. A 200 kg roller coaster starts from rest at the top of the first hill at a height of 20 m above the ground. The second hill is 15 m above the ground. a. A physics student in line for the ride...
As mentioned above: Hoexter (2015: 213) beautifully likens the development of administrative law in South Africa to sleeping beauty waking up after decades. Provide a critique of the above statement.
Return to the opening scenario. Fran, Ricky, Carla, and Dave each made an agreement with John. None is valid under contract law. For the sake of fairness, should any of them be legally enforceable?...
Most auctions are held with reserve. If you place the highest bid at such an auction, and if your bid is below the reserve, then you do not get the item. Is this fair? Should the law award you the...
Review the Association of Certified Fraud Examiners (ACFE) report titled Report to the Nations on Occupational Fraud and Abuse. www.acfe.com/rttn/docs/2014-report-to-nations.pdf Click here to access...
Review the case study below and answer the following questions: Case Study: A gym teacher's wallet was stolen at a local High school located in Bronx, NY by a 14-year-old male student. Another...
how do I record a check drawn for $ 8 8 0 that has been in correctly charged by the bank as $ 8 0 on a journal entry?
determine the final tax owed cruz has a calculated federal tax of $ 6 5 8 0 , has no children, but has a nonrefundable energy tax credit of $ 1 3 7 0.
As one might guess, collaboration efforts have to be carefully developed and documented - for everyone's protection. That type of governance is covered in this short video: Innovation Strategy:...
The Project Economy Has Arrived" and in several paragraphs, clearly identify the manner in which your organization manages projects, specifically detailing the degree to which a project-driven...
On December 31, 2016, Acker Ltd. reported the following statement of financial position. The accumulated other comprehensive income was related only to the company's non-traded equity investments....
True & False The basis of an asset must be reduced by the depreciation allowable, 2. Adjusted gross income (AGI) is the basis for a number of phase-outs of deductions. 3. A change to adjusted gross...
Does SOX protect a whistleblower employed overseas by a subsidiary of an American company? Boston Scientific (BSC) was an American company that manufactured medical equipment. The company had its...
Arnold Mandel exported certain high-technology electronic equipment. Later, he was in court arguing that the equipment he shipped should not have been on the Department of Commerces Commodity Control...
Continental Illinois National Bank issued an irrevocable letter of credit on behalf of Bills Coal Co. for $805,000, with the Allied Fidelity Insurance Co. as beneficiary. Bills Coal Co. then went...
1) An office building contains 27 floors and has 37 offices on each floor. How many offices are there in the building? (2 points) 2) How many different three-letter initials with none of the letters...
The following data (in thousands of dollars) have been taken from the accounting records of Rexman Corporation for the just completed year. Raw materials inventory, beginning $160 Raw materials...
Robinson Products Company has two service departments (S1 and S2) and two production departments (P1 and P2). The distribution of each service department's efforts (in percentages) to the other...

Advertisements usually do not amount to offers. Is this fair? Should businesses have legal obligations to sell

Question:

Step by Step Answer:

It is fair Not only does advertising fall short of the quality of an offer but brochures and catalog...View the full answer

Business Law and the Legal Environment

Students also viewed these Business questions