Contract between buyer and seller specifies

Assignment Help Operation Management
Reference no: EM13840922

A contract between buyer and seller specifies that a seller will pay $1,000 per day if the seller fails to deliver the materials according to the project schedule. What form of contract remedy is the seller agreeing to here?

A. Liquidated Damages.

B. Insurance

C. Equitable Relief.

D. Remedial Payment.

Reference no: EM13840922

Questions Cloud

The most widely-used assessment method : Most of the diagnostic effort regarding dementia is spent on. A major reason why many people in nursing homes have few or no visitors is that. Which of these is not a common / normal emotional reaction while grieving? The most widely-used assessment ..
About procurement documents : Which of the following is a true statement about Procurement Documents?
Documents will project manager need for closure of project : A project manager has just reached the end of a project. Which of the following documents will the project manager need for closure of the project?
Contract between buyer and seller specifies : A contract between buyer and seller specifies that a seller will pay $1,000 per day if the seller fails to deliver the materials according to the project schedule. What form of contract remedy is the seller agreeing to here?
Statement concerning evaluation criteria : Which of the following is a true statement concerning evaluation criteria?
Minimize effect of personal prejudice on seller selection : Which of the following is a method for quantifying qualitative data in order to minimize the effect of personal prejudice on seller selection?
Discuss the pricing contained in the response : A prospective seller, Seller XYZ, calls you to discuss the pricing contained in the response her company had previously provided to you. In addition to being a large customer of your company, Seller XYZ has also been a dependable, long-time supplier ..
Requirements and specifications associated with procurement : Project Manager Harley Davidson has developed an RFP to request response from sellers. Based on the requirements and specifications associated with the procurement, Harley believes the sellers will likely be niche technology start-up companies that w..

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd