You are the manager of Acme Fireworks, a fireworks retailer who sells fireworks, puts on ground display
Question:
The owner has asked you to do the following:
1. Determine if the contracts with the businesses will be governed by common law or the Uniform Commercial Code (UCC), and explain why.
2. Analyze whether the owner formed a contract with the businesses, and apply the five essential elements of an enforceable contract.
3. Explain the potential personal liability to Acme Fireworks if a spectator is injured by a stray firework from a fireworks display.
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Related Book For
Managerial Economics and Business Strategy
ISBN: 978-0071267441
7th Edition
Authors: Michael R. baye
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