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Assume an agent is given authority by the principal to sell a property. The principal only states that the agent may sell the property and the agent is given no further instructions. The agent reasonably believes that it will be necessary to perform $10,000 worth of improvements on the property in order to sell it. Therefore, the agent contracts to have these improvements made. He/she then sells the property. The principal believes that the improvements were not authorized and refuses to reimburse the agent for the expenses associated with the sale. Discuss the rights and liabilities of the principal and agent. Should the principal be forced to reimburse the agent? If the principal continues to refuse to reimburse the agent, what action may be taken by the agent? If the parties were to engage in a lawsuit, who would win? Why? If your answer depends on information not provided in the scenario, specify what further information you would need to render a firm opinion. Busines Law class.
Which of the following basic production strategies used for addressing the aggregate planning problem would work best with make-to-order manufacturing firms?
on a recent trip to india mr. yang a prominent chinese executive dined with his client himanshu jain. mr. yang
Robin Tires, Inc. makes two types of tires, for SUV’s and Hatchbacks. The firm has 500 hours of production time, 250 hours of packaging, and 150 hours available for shipping. How many hours of production time will be scheduled in each department? Wha..
Illustrate what are elements of a comprehensive compensation also benefits package. Illustrate what are some of typical considerations for elucidate how organizations position compensation also benefits.
Determine the optimal shipments that will minimize total production and transportation costs for the apparel company.
A produce distributor uses 740 packing crates a month, which it purchases at a cost of $10 each. The manager has assigned an annual carrying cost of 35 percent of the purchase price per crate. Ordering costs are $28. Currently the manager orders once..
Entrepreneurship has become the new way of doing business in our world. with economies in decline and organizations downsizing and he lack of opportunities that satisfy, entrepreneurship has been born. entrepreneurship involves bringing in compelling..
How would you think that the uncertainty principles of the Christmas Party Planning Using PERT/CPM video relate to the real world aeronautical program management needs of the current operations manager
Two machines are being considered, and each of these has a monthly lease cost plus a cost for each page that is copied. Machine 1 has a monthly lease cost of $600, and there is a cost of $0.010 per page copied. Machine 2 has a monthly lease cost o..
A crowd is gathered at a farm auction in which a neighbor's farming goods are being sold. The people in the crowd, who are upset because they believe that the bank is selling out the farmer, begin chanting "no sale, no sale." What is the maximum valu..
The following is a control chart for the average number of minor errors in 22 service reports. What can you conclude from these data? Explain how you reached yourconclusion.
1 discuss factors about the corporate culture that were at play and suggest central reasons why the executive staff
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