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Ptarmigan Investment Company (Ptarmigan), a partnership, entered into a contract with Gundersons, Inc. (Gundersons), a South Dakota corporation in the business of golf course construction. The contract provided that Gundersons would construct a golf course for Ptarmigan for a contract price of $1,294,129. Gundersons immediately started work and completed about one-third of the work by about three months later, when bad weather forced cessation of most work. Ptarmigan paid Gundersons for the work to that date. In the following spring, Ptarmigan ran out of funds and was unable to pay for the completion of the golf course. Gundersons sued Ptarmigan and its individual partners to recover the lost profits that it would have made on the remaining two-thirds of the contract. Can Gundersons recover these lost profits as damages?
Which of the two nations has better prospects for the future and why. Provide a reasoned opinion.
A circulating nurse is preparing the OR before the patient and others arrive, she drops a hemostat and it lands on the floor, she looks around and no one saw it drop, so she picks it up and puts it back on the tray, patient develops an infection.
(Demand Curve) The movement from Db to Da could be caused by
Your business provides CDs for free to customers who pay for the English courses that you offer in Mexico. You consider the idea of mass production of the CDs in the U.S., so that you can sell (export) them to distributors or to retail stores through..
If it wants to accomplish this change in the money supply using open-market operations, what should it do.
Based on recent research, which of the following is the most likely cause of the reduction in the rate of technological progress?
Illustrate what is the point of view of free trade and protectionist on: infant industries; Job Protection; Standard of living; Specialization; and National security.
The Paradise Shoes Company has estimated its weekly TVC function from data collected over the past several months, as TVC = 3450 + 20Q + 0.008Q2 where TVC represents the total variable cost and Q represents pairs of shoes produced per week. Describe ..
Suppose a public referendum is being held on whether or not to levy a tax on cigarettes. Currently, the supply of cigarettes is given by Qs = -120 + 28P. You estimate the demand for cigarettes to be Qd = 200 - 4P. What is the price elasticity of dema..
Hart's Floral Shop sells bouquets for special occasions. Annual demand is 500? bouquets, the? company's cost to place an order with its vendor is? $25, and the cost to hold a bouquet in inventory for a year is? $15. If Hart orders from its vendor in ..
Briefly describe the Malthusian population model and explain why it is inconsistent with population data after 1750. Using a Lee-Malthus diagram(s), derive the Iron Law of Wages result. Be sure to label the curves, axis, and important points in the d..
The output, revenue, and profits for a firm under bad times for a firm in isolation and in a pooled labor market. b) the output, revenue, and profits for a firm under good times for a firm in isolation and in a pooled labor market.
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