1. Was there a binding agreement between Quanta and LG?

2. Though the agreement was "well-publicized" is it binding? Does it make the contract legal? Is this a valid defense?

3. Explain in detail what constitutes the acceptance of an agreement, identifying any critical elements required and how they apply in this case.

4. Would a similar situation be in the best interest of your corporation? Explain your reasoning with recent court cases as examples.

5. What steps might your corporation take to avoid this type of situation in the future?

6. Provide recommendations for moving forward with this type of agreement to protect both parties.