Gandalf offers to pay Frodo to deliver certain documents within thirty minutes. Frodo can accept the offer

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

Question:

Gandalf offers to pay Frodo to deliver certain documents within thirty minutes. Frodo can accept the offer only by completing the task within the deadline. If he does, Gandalf and Frodo’s contract will be

a bilateral contract.

a unilateral contract.

a void contract.

an executive contract.

Related Book For answer-question

The Legal and Regulatory Environment of Business

ISBN: 978-0078023859

17th edition

Authors: Marisa Pagnattaro, Daniel Cahoy, Manning Magid, Lee Reed, Pe

See More Books

Posted Date: Mar 23, 2022 03:36 AM

See More Questions

Offer to Contract Condor Equipment Company offers to sell a dough cutting machine to Snappy Jack Biscuits Inc. The offer states: This offer expires Friday noon. On Thursday morning, the sales manager...
A parcel delivery service will deliver a package only if the length plus girth (distance around) does not exceed 108 inches. (A) Find the dimensions of a rectangular box with square ends that...
Can you accept an offer that was made to someone else? Explain your answer.
Bobby is a baseball player who earns $1 million a year playing for team X. If he werent playing baseball for team X, he would be playing baseball for team Y and earning $800,000 per year. If he...
How would you balance DFDs?
Liability Insurance Company writes a substantial amount of commercial liability insurance. A large construction company requests $100 million of liability insurance to cover its business operations....
What are five common methods for distributing partnership earnings?
The Nielsen ratings (percentage of U.S. households that tuned in) for the Masters golf tournament from 1997 through 2008 follow (Golf Magazine, January 2009): Year Rating 1997 ............ 11.2 1998...
The owner of Oriole Toy Manufacturing Company has recently expanded his business in order to add an additional product line. In addition to toys, the company now sells shirts. The company has a...
Assume today is t=0. A 10-year fixed rate bond with a 5% coupon rate is selling at par (annual coupons). From $200 FV of this bond, we form a floater and an inverse floater by equally splitting its...
A 24.89 g piece of zinc is placed into a beaker containing 350 mL of hydrochloric acid. The next day the remaining zinc is removed, dried, weighed, and found to have a mass of 21.62 g. Determine the...
On 1 Dec 2023, Fruits Pte Ltd's trial balance includes the following items: Account Dr ($) Cr ($) Accounts Receivables 220,000 Allowance For Doubtful Accounts 5,000 (i) In the month of December,...
The Smith family is moving to Little Rock because of a job relocation. They decide to purchase a home near Ms. Smith's office which is in a part of town that was established in the mid-1980's. When...
The Joan Distribution Corporation bought a 3 0 % interest in the Swansong Corporation on January 1 , 2 0 2 4 for $ 5 0 , 0 0 0 . Joan is able to exert significance influence over Erickson. Identified...
An annuity with a cash value of $13,500 earns 5% compounded semi-annually. End-of-period semi-annual payments are deferred for six years, and then continue for eight years. How much is the amount of...
In what stage of the capital budgeting process do managers determine the investment that yields the best and worse returns to the organization?
Required information [The following information applies to the questions displayed below.] Greer Utsey earned $49,200 in 2023 for a company in Kentucky. Greer is single with one dependent under 17...
Arlington Merchants reported the following on its income statement for the fiscal years ending December 31, 2016 and 2015. 2016 2015 Sales $4,857,500 $4,752,900 Cost of goods sold 3,258,950 3,207,000...
You are the sales representative for a manufacturer of insulation. A customer that accounts for approximately one-third of your sales suddenly asks for a discount because of the volume of its...
Why has the aging of the baby boom generation put so much pressure on the financial stability of historically successful companies?
Standing to Sue A group of environmentalists filed a lawsuit challenging commercial fishing in Glacier Bay National Park and sued the secretary of the interior and the National Park Service in order...
What privacy concerns might arise from the use of biometric authentication techniques? What about the embedding of RFID tags in products such as clothing?
Segregation of duties is essential to good internal control. Increasingly, computer systems automatically authorize and record transactions, such as generating pur chase orders whenever the quantity...
Enter the data in Table 8-4 into a spreadsheet and perform the following tasks: Required a. Calculate an example of these batch totals: a hash total a financial total a record count b. For each of...

Gandalf offers to pay Frodo to deliver certain documents within thirty minutes. Frodo can accept the offer

Question:

Expert Answer:

The correct answer is a bilateral contract A bilateral contract is one in whic... View the full answer

The Legal and Regulatory Environment of Business

Students also viewed these human resource management questions