Project: Defensible Defenses Assignment Directions:
. Using your understanding of the defenses explored in the previous lesson, identify which defenses can easily apply to Internet contracts and how
• Create a 500-word report
Assignment Guidelines:
Your response must include the following elements:

1. Identify defenses that demonstrate a knowledge of general law and understanding of the ease of its violation on the Internet
2. Identify the following defenses:
•fraud (the buyer or the seller is not who they claim to be or induced the other to part with their side of the negotiation)
•illegality (the laws of the seller are not violated but the laws of the buyer are, for example an account with an ISP or Web site for Internet gambling)
•impossibility of performance (the reason for the transaction no longer exists)
•mental disability or intoxication (the buyer or the seller is insane or otherwise not competent)
•age of minority (the buyer or the seller is not eighteen)
impossibility of performance (the seller filed for bankruptcy)

-Honestly I just need help understanding what I’m supposed to do. I don’t understand the part about applying it to the internet

Recently, verizon wireless ran a pricing trial in order to estimate the elasticity of demand for its services. the manager selected three states that were representative of its entire service area and increased prices by 5 percent to customers in those areas. one week later, the number of customers enrolled in verizon's cellular plans declined 4 percent in those states, while enrollments in states where prices were not increased remained flat. the manager used this information to estimate the own-price elasticity of demand and, based on her findings, immediately increased prices in all market areas by 5 percent in an attempt to boost the company's 2016 annual revenues. one year later, the manager was perplexed because verizon's 2016 annual revenues were 10 percent lower than those in 2015"the price increase apparently led to a reduction in the company's revenues. did the manager make an error? yes - the one-week measures show demand is inelastic, so a price increase will decrease revenues. yes - the one-week measures show demand is elastic, so a price increase will reduce revenues. yes - cell phone elasticity is likely much larger in the long-run than the short-run. no - the cell phone market must have changed between 2011 and 2012 for this price increase to lower revenues.

Perez, inc., applies the equity method for its 25 percent investment in senior, inc. during 2018, perez sold goods with a 40 percent gross profit to senior, which sold all of these goods in 2018. how should perez report the effect of the intra-entity sale on its 2018 income statement?

True or false payroll withholding includes income tax, social security tax, medicare tax as well as money you deduct for your retirement fund.