ADM 3360 Lecture Notes - Lecture 10: Dow Chemical Company, Real Versus Nominal Value, Condition Subsequent
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One line per fact, don"t bundle your answers into paragraphs, -fact. Evidence required: judgement, answer the question based on the facts and the principles. Supreme court decision example: 90 law firms challenging legislation, required to disclose certain information. Instinct is important, in university you just learn how to take exams: contract offers: Deals with a promise to perform a specific act on determined terms. Promise to execute something, terms must be precise enough that people can commit. Advertising is an invitation to treat, not an offer. Ex: legally you cannot use the word free in an ad but no one complains. Can"t have false advertising, no plastic surgery in ads but you"re aloud photoshop. Asks for 3 for 1 panties, in the uk advertising is restricted as far as scantily clad women are concerned. Class actions on breast implants by dow chemicals. Million people had them leaking, corp filed bankruptcy.