Tuesday, March 17, 2020
Essay on Options and Firm Offers
Essay on Options and Firm Offers Essay on Options and Firm Offers Essay on Options and Firm Offers           The option C is the enforceable contract that Sally and Louie may have upon signing the paper. This contract is enforceable since it contains the promise of Sally to reserve her Monday mow for Louie until 5 p.m. and Louie promises to handle her $5Issue           The issue is the establishment of the contract between Sally and Louie, where Sally promises to reserve her Monday mow for Louie until 5 pm, when Louie is supposed to take the final decision and enforce the contract by handling Sally $5 and agreeing to the contract’s conditions.Rule           The rule is the restatement, para. 87 option contract, according to which an offer is binding as option contract if it is written and signed by the offeror and is made irrevocable by the statute.Rule explanation           The rule means that the parties h ave signed the contract and the binding of the contract makes it irrevocable that means that if either party refuses from the contract by violating its provisions becomes responsible for the breach of contract.Application           In case of Sally and Louie the application of the rule means that Louie should either agree and accept Sally offer by 5 pm and handle her $5 or, alternatively, he should refuse from the contract and did not accept the offer made by Sally. Sally in her turn should wait until 5 pm and set herself free to choose any other client to contract her Monday mow. She may act in the same way, if Louie refuses to pay her $5, if he accepts her offer.Conclusion           Thus, Sally and Louie have a binding contract, which is enforceable by 5 pm upon options determined in the written form of the contract.
Sunday, March 1, 2020
Interesting Facts About European Green Crab
Interesting Facts About European Green Crab The green crab (Carcinus maenas) is commonly found in tide pools along the East Coast of the United States from Delaware to Nova Scotia, but this species is not native to these areas. This now-abundant species is thought to have been introduced into U.S. waters from Europe. Green Crab Identification Green crabs are a relatively small crab, with a carapace that is up to about 4 inches across. Their coloration varies from green to brown to reddish orange. Classification Kingdom: AnimaliaPhylum: ArthropodaSubphylum: CrustaceanClass: MalacostracaOrder: DecapodaFamily: PortunidaeGenus: CarcinusSpecies: maenas Where Are Green Crabs Found? Green crabs are widespread in the eastern U.S., but they arent supposed to be here. The green crabs native range is along the Atlantic coast of Europe and northern Africa. However, in the 1800s, the species was transported to Cape Cod, Massachusetts and is now found in the eastern U.S. from the Gulf of St. Lawrence to Delaware. In 1989, green crabs were discovered in San Francisco Bay, and now they inhabit the West Coast up to British Columbia. Green crabs have also been recorded in Australia, Sri Lanka, South Africa and Hawaii. It is thought that they were transported in the ballast water of ships, or in seaweed that was used to pack seafood. Feeding The green crab is a voracious predator, feeding primarily on other crustaceans and bivalves such as soft-shelled clams, oysters, and scallops. The green crab moves quickly are dexterous and are capable of learning, so that it can improve its prey-handling skills while it is foraging. Reproduction and Life Cycle Female green crabs can produce up to 185,000 eggs at a time. Females molt once each year, usually during the summer. During this time, the crab is very vulnerable until its new shell hardens, and the male green crab guards the female by pairing with her in pre-molt cradling, defending the female from predators and other males. A few months after mating, the females egg sac appears. The female carries this egg sac for several months, then the eggs hatch into free-swimming larvae, which stay in the water column for 17-80 days before settling to the bottom. Green crabs are estimated to live up to 5 years. Conservation Green crab populations have expanded rapidly from their native home in the Eastern North Atlantic, and they have been introduced into many areas. There are several ways that the green crab can be transported to new areas, including in the ballast water in ships, in seaweeds that are used as packing materials to ship marine organisms, as bivalves shipped for aquaculture, and movement on water currents. Once they are introduced, they compete with native shellfish and other animals for prey and habitat. Sources MIT Sea Grant. 2009. Introduced Species (Online). MIT Sea Grant Center for Coastal Resources. Accessed May 23, 2009.National Heritage Trust. 2009. European Shore Crab (Carcinus maenas). National Introduced Marine Pest Information System, CRIMP No. 6275. Accessed May 23, 2009 (link no longer active as of June 2014).Perry, Harriet. 2009. Carcinus maenas. (Online) USGS Nonindigenous Aquatic Species Database, Gainesville, FL. Accessed May 23, 2009.Prince William Sound Regional Citizens Advisory Council. 2004. Green Crab (Carcinus maenas). (Online) Non-Indigenous Aquatic Species of Concern for Alaska. Accessed May 23, 2009.Washington Department of Fish and Wildlife. 2009. Carcinus maenas (Green Crab). Washington Department of Fish and Wildlife Invasive Species Fact Sheets. Accessed May 23, 2009, online. As of August 2010, no longer online.
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