An Ad in a Newspaper Reads: "AVAILABLE TODAY ONLY

question 112

Multiple Choice

An ad in a newspaper reads: "AVAILABLE TODAY ONLY.FRIENDLY'S APPLIANCES.CLEARANCE SALE FOR ALL FLOOR ITEMS.75% OFF RETAIL PRICES." Joan Ludwig arrived at Friendly's about one hour after it opened and there were no appliances left.​
-​Which of the following is true?

• A)Friendly's has breached a contract and owes damages to Joan.
• B)There is no breach of contract.
• C)Joan has no rights of recovery because the contract was required to be in writing.
• D)There was no contract, but Joan can recover on the basis of quasi contract.
• E)none of the above

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Definitions:

Communications Budget

The allocation of funds dedicated to all forms of communication by an organization, including advertising, public relations, social media, and more, designed to promote the organization's products or services.

Competitive-Parity Method

A budgeting technique in marketing where a company matches its advertising spending to that of its competitors to prevent loss of market share.

Percentage-of-Sales Method

A budgeting technique where advertising and promotions budget is set based on a fixed percentage of past or forecasted sales.

Task-Based Method

A methodology focused on completing specific tasks as a means of learning, organizing work, or achieving objectives, often used in educational contexts and project management.