David, a recent college graduate, was on his way home from his new job when he was caught in a snowstorm and taken in by the Cales, an elderly couple who provided for David with Food and shelter. After the snowplows cleared the road, David continued home David's father, Frank, was so appreciative of the Cales' actions that he sent a letter promising to pay them $500 in consideration of their actions. The Cales, in need of the money, accepted the offer. Then David and Frank got into a dispute and Frank refused to pay the $500. The Cales sue Frank on a claim of breach of contract. How will the Court Rule

1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)