Question : Fundamentals of Business Law Today- Chapter 9 : 10395

Fundamentals of Business Law Today- Chapter 9

A. At the end of the chapter in Business Scenarios and Case Problems, read, reflect on, answer, and submit a response to Question 9-4 (Shrink-Wrap Agreements) on page 180.

B. Which of the following statements if made by one person to another is an offer and which are not? Be sure to state reasons for your response. Statement #1 – “I am thinking about selling my laptop computer and if I do, I probably would want at least $250 dollars for this lovely piece of equipment.” Statement #2 – “I am selling my laptop computer and the asking price is $250 dollars.” Statement #3 – “ Are you interested in buying my computer and if so, how much would you give me?”

C. Read Case 9-2 “Basis Technology Corp. v. Amazon, Inc.” on page 167 in the text and summarize what the issue was and how the court ruled on it. Indicate whether you agree or disagree with the ruling.