Question

In: Operations Management

Read and analyze the scenario below. Using Microsoft Word, answer the questions posed. You must use...

Read and analyze the scenario below. Using Microsoft Word, answer the questions posed. You must use the law you learned to support your answers. Your assignment should be a minimum of 1 full page and follow these guidelines: 12-point Times font One inch margins Double-spaced Correct spelling, grammar and sentence structure.

The Great Minneapolis Surplus Store published the following advertisement in a Minneapolis newspaper: Saturday 9 a.m. 2 Brand New Pastel Mink 3-Skin Scarfs selling for $89.50 now selling for $1.00 each. 1 Black Lapin Stole worth $139.50 will sell for $1.00. First Come First Served. Leftkowitz, the first customer admitted to the store on Saturday, tried to buy the Lapin stole. The store refused to sell it to Lefkowitz, stating that the offer was for women only. Leftkowitz sued.

Was the offer definite enough to allow Leftkowitz to tender a valid acceptance? Explain your answer using the law you learned. (i.e. If there was a valid offer, explain why the offer meets the elements of an offer. If there was no valid offer, explain why the advertisement does not meet the elements of an offer. If there was a valid acceptance, explain why the acceptance meets the elements of an acceptance, if there was no valid acceptance, explain why Leftkowitz's actions did not meet the elements of an acceptance.)

Solutions

Expert Solution

In this scenario there has been a misleading advertisement. The law related to advertisement states that “When the consumer see or hear an advertisement, whether it is on the Internet, Radio or television or anywhere else, Federal law says that – Law has to be truthful, not misleading and when appropriate, backed by scientific evidence.

State and Federal law are in place to protect the consumers from false or misleading advertisement due to which consumers will go through pain \ loss. These law makes deceptive claims illegal. No business is supposed to make misleading advertisement. If done, the consumer can sue against the person or business in the court of law. Even in this scenario the similar situation has occurred and suing the company by Leftkowitz is correct.

The offer was definite enough for Leftkowitz to tender a valid acceptance. Since the advertisement talks only about first come and first serve. Never was it mentioned that the offer is valid only for Women and neither it was mentioned in the advertisement. This made Leftkowitz to approach the vendor asking for the product which was going to be sold for just $1.00. The advertisement clearly states that whoever comes first will be served and there was no discrimination of the gender in the advertisement. Hence the advertisement was misleading and Leftkowitz has all the rights to sue against the company.

Also the acceptance meets the elements of acceptance. The offer stated that ‘2 Brand New Pastel Mink 3-Skin Scarfs selling for $89.50 now selling for $1.00 each. 1 Black Lapin Stole worth $139.50 will sell for $1.00. First Come First Served. Leftkowitz, the first customer admitted to the store on Saturday’. So, there has been an element of acceptance by the consumer. If the consumer sue the company and if it is accepted by the court of law, The US Department of Justice (DOJ) which is led by Attorney General is the federal executive department will be involved in the case and there are possible chances of the seller getting punished on this case.

If the case is accepted by the court of law and it is proven that it was a misleading advertisement, there are chances that seller might lose the licensing of the shop or the seller will have to compensate the consumer for what he ask or the seller might get imprisonment for a specified period of time. Upon review of the case it can be stated that ‘ Advertisement has been misleading and consumer has all the rights to sue the seller”


Related Solutions

Read the Scenario below and answer the questions that follow. You are working on a project...
Read the Scenario below and answer the questions that follow. You are working on a project to implement an online benefits management portal to enable employees to have a “one stop” location to view their health and dental benefits, get answers to benefits-related questions, and enable for changes to be made to health benefit coverage. Requirements were gathered over a two-week time period at the start of the project and all stakeholders participated in requirements gathering sessions. The project is...
Read the Case Study below and answer the questions that follow Microsoft Xbox 360 When Microsoft...
Read the Case Study below and answer the questions that follow Microsoft Xbox 360 When Microsoft rushed its video game console, Xbox, to market in November 2005 it had a one-year advantage over Sony and Nintendo. By 2007 they had sold over 11.6 million units at prices between $279 and $479 … depending on the configuration. Unresolved issues plagued the project from the beginning. When Journalists and reviewers were invited to try the game in 2005, before it became available...
For this assignment, you will read the scenario and then use the provided Excel and Word...
For this assignment, you will read the scenario and then use the provided Excel and Word document templates to complete your assignment before uploading them to the assignment submission area. Scenario Larry and Beth are both married, working adults. They both plan for retirement and consider the $6,000 annual contribution a must. First, consider Beth's savings. She began working at age 20 and began making an annual contribution to her IRA of $6,000 each year until age 32 (12 contributions)....
Please answer in microsoft word For the pharmaceutical industry analyze the industry’s(pharmaceutical industry) choice and use...
Please answer in microsoft word For the pharmaceutical industry analyze the industry’s(pharmaceutical industry) choice and use of resources;
Create a project charter using Microsoft Word that will be based on the following scenario: Scenario:...
Create a project charter using Microsoft Word that will be based on the following scenario: Scenario: You have just been placed on an IT project management team to develop a Master Patient Index (MPI) system. This 300-bed facility is currently using a paper- based system and is slowly making the transition to electronic systems. The system they want to purchase and manage is an electronic MPI system for the Admissions department. They want this system to be able to be...
Read the assignment and answer the questions. You must also upload your Excel file, Word document...
Read the assignment and answer the questions. You must also upload your Excel file, Word document or pdf showing your work. Bodacious Building Co. is considering four different acquisition methods for obtaining pickup trucks. If the contractor’s MARR is 6%, which alternative do you recommend? The alternatives are: Immediate cash purchase of the trucks for $22,500 each, and after five years sell each truck for an estimated $4,900. Lease the trucks for five years for $4,000 per year paid at...
Read the scenario below and answer the questions that follow in your role as a member...
Read the scenario below and answer the questions that follow in your role as a member of the senior management team at Oakwood. You are reviewing budgets and actual results for the month of April for the various business activities and today, you are focusing on Golf Cart Rentals. In the recent past, there has been some tension between the management of Golf Cart Rentals and Golf Course Operations, so some information about Golf Course Operations is included below. About...
Using this scenario, answer the questions below. READ CAREFULLY. Dr. Collins Research Council (CRC) is interested...
Using this scenario, answer the questions below. READ CAREFULLY. Dr. Collins Research Council (CRC) is interested in knowing whether anti-racist activists with greater experience (X) in the racial justice movement have a higher level of critical consciousness (Y) about systemic racism. To conduct his study, CRC obtains a list of all active anti-racist activists from the Showing Up for Racial Justice (SURJ) network (a collection of anti-racist organizations). Fortunately for CRC, the list also contains other demographic information such as...
Using this scenario, answer the questions below. READ CAREFULLY. Dr. Collins Research Council (CRC) is interested...
Using this scenario, answer the questions below. READ CAREFULLY. Dr. Collins Research Council (CRC) is interested in knowing whether anti-racist activists with greater experience (X) in the racial justice movement have a higher level of critical consciousness (Y) about systemic racism. To conduct his study, CRC obtains a list of all active anti-racist activists from the Showing Up for Racial Justice (SURJ) network (a collection of anti-racist organizations). Fortunately for CRC, the list also contains other demographic information such as...
Please answer in microsoft word Poland-analyze Poland market system
Please answer in microsoft word Poland-analyze Poland market system
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT