answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ivan
2 months ago
14

You are the founder and CEO of Home Water Designs, Inc., a company that custom designs and builds expensive residential pools. Y

ou only use the best components, and receive all of your concrete for building pools from Jake, a concrete supplier. Jake has reliably delivered high quality concrete to you for nearly ten years. Jake has learned that your demand for concrete varies, and has customized his business to ensure response to your orders. In response to a wealthy client's quick demand for a new pool, you ask Jake for a fast delivery of 500 bags of concrete. Jake agrees to deliver, but due to a rare disruption in his own supplies, he is only able to deliver 400 bags on time. As a result, your wealthy client is disappointed with your work, and you suffer some damages. Your attorney informs you that you have a possible claim of breach of contract against Jake. Considering the legal and business implications, discuss whether you should declare a breach of contract claim against Jake seeking damages.
Business
1 answer:
Mariulka [3.8K]2 months ago
7 0
You should not proceed because this was an uncommon incident that rarely occurs, thus it's advisable to refrain from taking action as such occurrences are not frequent.
You might be interested in
The Bella Capri runs as an Italian restaurant that specializes in freshly prepared cooked meals. It is located in premises on a
Scilla [3833]

Answer:

The result is $1000.

Explanation:

Fixed costs are defined as expenses that remain unchanged regardless of the services provided or goods produced.

Following this definition, we can determine that the price of $16 per meal and the $4 ingredient costs are not considered fixed costs. Other expenses like lighting, heating, and fuel fluctuate according to utilization and therefore are variable.

However, the other costs mentioned in the query can be classified as fixed costs since they do not vary with the number of customers or the quantity of food prepared.

Thus, the weekly fixed costs for Bella Capri amount to $250 + $150 + $600 = $1000.

I hope this clarifies your question.

6 0
2 months ago
A 10 percent increase in income leads to a 15% decrease in the quantity of macaroni and cheese demanded but no change in the pri
marusya05 [3725]

Answer:

(b) macaroni is categorized as an inferior good, and the price elasticity of supply is zero.

Explanation:

An increase in income by 10 percent results in a 15% reduction in the demand for macaroni and cheese without any change in price. This suggests that macaroni is indeed an inferior good with zero price elasticity of supply.

Inferior goods experience lower demand as incomes rise, supported by the observation that ‘’A 10 percent increase in income leads to a 15% decrease in the quantity of macaroni demanded’’.

In terms of price elasticity of supply, a value of zero indicates that the supply amount remains unchanged regardless of price fluctuations: the supply is "fixed". The original scenario states there was ''no change in the price of macaroni,'' indicating that the elasticity of supply in this situation is zero.

4 0
2 months ago
In two or three sentences, describe the labor market.
stepan [3596]
In my opinion, the labor market represents the nominal marketplace where job seekers find employment opportunities, employers discover willing laborers, and wage rates are established. 
3 0
1 month ago
Read 2 more answers
Your Task. Analyze Anna’s message. It suffers from many writing faults that you have studied. List its weaknesses. If your instr
soldi70 [3635]
After evaluating the email, it's clear that it lacks formal tone and is missing a proper subject line. The email opens rather bluntly and unprofessionally. It also includes negative expressions, such as "unfortunately I cannot buy extra license." Here’s a revised version: To: staff computer users From: Anna He Wong <ahwong(at the rate)csb.com> Subject: Informing about the Adobe Creative Cloud access request. Dear staff, This email serves to notify you that we cannot procure additional access to the Adobe Creative Cloud for personal use due to high costs and the expensive nature of access codes. I extend my apologies to those who sought this privilege. The cloud suite offers numerous features, and I would be happy to demonstrate it if you contact the Document Production Department. Keep in mind that this software operates on a subscription basis and requires unique access keys, which cannot be used on more than one computer. I appreciate your understanding regarding this matter, and if additional access were granted, it might not be beneficial for our business. Thank you for your cooperation. Best regards, Anna He Wong Document Production Manager.
8 0
1 month ago
On January 1, 20X9, Pirate Corporation acquired 80 percent of Sea-Gull Company's common stock for $160,000 cash. The fair value
arsen [3447]

Answer:

Based on the calculations, the amount is $135,000.

Explanation:

Book value of the acquiring company's inventory before the merger = $90,000

Fair value of the acquired inventory = $45,000

Total inventory value post-business combination = $90,000 + $45,000 = $135,000

Thus, the total amount is $135,000

7 0
1 month ago
Other questions:
  • On january 31, jean consulting company receives a bill for that month’s utilities in the amount of $500. jean sets it aside beca
    5·1 answer
  • You have marked off your shop floor in a grid of 1 foot squares and labeled them with Cartesian coordinates. To perform one task
    10·1 answer
  • Shlomo Benartzi begins his talk by outlining three things that we as a people are not doing well. What are these three things? D
    10·2 answers
  • Why do infomercials use both strong and weak arguments? to appeal to both high and low involvement consumers because it is neces
    12·1 answer
  • Nemo Haulers is considering whether to purchase a new mini tractor for moving furniture within its warehouse. Nemo calculates th
    6·1 answer
  • Someone with dollar bills to lend will never agree to make a loan with a nominal interest rate of less than zero because:
    8·1 answer
  • La) State clearly 1 consumer need which is met by "Canadian Living" magazine. Be careful to remember that needs are "states of d
    12·1 answer
  • Baker Company owns 15% of the common stock of Charlie Corporation and used the fair-value method to account for this investment.
    15·1 answer
  • a country produces and consumes 8 units of sugar cane costing $50 per unit and two ipods that cost $200 each. after specializati
    6·2 answers
  • 1. Suppose the equilibrium wage for unskilled workers in New Jersey is $7 per hour. How will the wages and employment of unskill
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!