Contract law Assignment B) Postal Rule A) Outline the salient elements of the postal rule and determine, with reference to case law and academic commentary, whether this rule has much practical use or effect today. The definition of the postal rule is that accecptance of an offer takes place as soon as a person posts a letter to the offere to state that they have accecpted the offer. This only applies in cases where the offer has been accecpted in writing and is posted in letter fourm to a person
procurement, the organisations are flattering growing dedicated and cooperative, entailing more comfortable project management. Basically, the procurement is vastly used by the agencies of the government which refers for obtaining goods or the external services. Apart from the procurement, the outsourcing, and the purchasing are also included where the outsourcing is mainly used by the professionals in information technology and the purchasing are used in enormous private corporations for the valid purpose
originating from each party has to hold relevance to the time of the contract’s formation. The only exception to this rule is that the supplier of goods or the person who performs the service at the request of others, the supplier is certified to have performance relied upon the supply of goods or performance of services to claim compensation by suing on the receiver’s subsequent promise. Only is it was assumed to be reasonable to the supplier’s expected payment amount. Subsequent performance and request
The United States Postal Service is a natural monopoly in the delivery of first class mail, as the 1970 Postal Reorganization Act prevents any other firms from delivering letter mail (Jaag, 2014). The reason for this was to allow one firm to specialize in mail delivery; therefore being the most efficient way to ensure the rest of the country received their mail on time. After all, receiving mail in a timely manner is critical for society to function. Imagine if everyone received their bills and letters
which makes treat of suppliers low, while for other companies that do not obtain their own machinery it is high. For airports, vehicle repair centers, fuel delivery companies and others the same subjective system works. Threat of Substitute Products/Services-HIGH In the technology century there are many alternatives (especially for document delivery) such as Emails, Facsimiles, Skype, Telephones, etc. Intensity of Rivalry-MEDIUM Here we should divide market into two parts. The first one consists of market
The United States Postal Service has been around for centuries. As America advances through the years the USPS remains the way it has always been, traditional and a bit sluggish. Although the USPS seems to be out of date we shouldn’t just get rid of it. Instead why don't we revive the company with modern technologies so we still have this piece of American history but with little more present-day characteristics? The USPS is a great part of US history but with its lack of technology it’s not as
Lately the United States Postal Service (USPS) has hit a continuous down spur, they were not making enough revenue due to society changing and not supporting them. By remodeling the USPS they will increase profit by use of the internet and by adapting to the public and offering more benefits they will increase employment. The United States Postal Service should modernize with society to save money and increase employment. By modernizing the United States Postal Service they will be able to increase
The United States Postal Service may no longer be using the Pony Express, but it might as well be. Our current postal system is inefficient and prone to draining money out of our nation’s bank account. Even the slightest vicissitudes could result in this federal agency becoming much more effective. In order to reduce costs and sustain the program, the USPS needs to update their business by introducing the company to e-business and limiting offered services to only the essentials. To amplify the
The United States Postal Service needs to drastically alter their business. Many people say that the USPS is ideal the way it is, but that is not the case. The United States Postal Service should be reconstructed to adapt to technology and bring in more earnings for the company. If a change does not occur, the company will continue to lose customers, employees, and cash. The world is evolving with the use of technology each and every day. People are sending emails instead of letters; texts instead
its parcels all over the world. Among many services, provided by the company, the prominent one is the transportation, business services and the e-commerce. Fed-ex is also engaged in biding and copying and video conferencing. It has its branches all over the world and has about 135 locations in about seven foreign countries. The company also has around thirty production centers that are commercial (Hult, 2012). Its operations offering different services are carried out in the segments including FedEx