Call the assessment liquidated damage or penalty

Assignment Help Operation Management

Reference no: EM131137725

As a contactor you built a 100-unit apartment complex that rents for $400/month/unit. For late completion you were assessed $1500/day. Would you call the assessment liquidated damage or a penalty? Why?

Reference no: EM131137725

Questions Cloud

The consumers surplus at the equilibrium point : 1. Given the demand curve D(x) = (x-7)^2 and the supply curve S(x) = x^2 Only consider values in the first quadrant, from x= 0 to 7 Find the following: a) the equilibrium point (as ordered pair) b) the consumers surplus at the equilibrium point c) th..

Relationship between the owner and the contractor : What is your position regarding the following statements?Why? “For a construction project, a negotiated contract is the best contract type that an Owner can select, because with this type of contract, the relationship between the Owner and the Contra..

Prepare a statement of cash flows : Natalie has prepared the balance sheet and income statement of Cookie & Coffee Creations Inc. Prepare a statement of cash flows for Cookie & Coffee Creations Inc. for the year ended October 31. 2018, using the indirect method

Independent random samples of size : With reference to Exercise 4, find the required size of the samples when σ1 = 9, σ2 = 13, δ = 80, δ = 86, α = 0.01, and β = 0.01.

Call the assessment liquidated damage or penalty : As a contactor you built a 100-unit apartment complex that rents for $400/month/unit. For late completion you were assessed $1500/day. Would you call the assessment liquidated damage or a penalty? Why?

Do you find evidence of international transmission : Do you find evidence of international transmission? What seems to be the main channel. Do you find support for the argument discussed in class about the impact of U.S. monetary shocks. Does volatility seem to impact growth?

What minimum separation distance would you recommend : Plot the distribution of vertical stress increase at the edges and at the center of one of the silos up to a depth of 16 m. Assume the soft clay layer is semi-infinite and the concrete slab is flexible. Use a spreadsheet to tabulate and plot your ..

Discuss an interesting example of recursion : Find and discuss an interesting example of recursion - thus, an example other than those presented in the readings.

Plot the distribution of vertical and lateral stress : A water tank, 15 m in diameter and 10 m high, is proposed for a site where there is an existing pipeline (Figure P7.26). Plot the distribution of vertical and lateral stress increases imposed by the water tank on the pipeline along one-half the ci..

User Account

All Pages