Reference no: EM13767215
1. Elements of a Contract
Read the Case Campbell Soup Co. v. Wentz in the text. Answer the following questions:
1. What were the terms of the contract between Campbell and the Wentzes?
2. Did the Wentzes perform under the contract?
3. Did the court find specific performance to be an adequate legal remedy in this case?
4. Why did the court refuse to help Campbell in enforcing its legal contract?
5. How could Campbell change its contract in the future so as to avoid the unconsionability problem?
2. The Uniform Commercial Code (UCC)
Read the Ace Heating and Cooling scenario in your text and answer the following questions:
a. Under UCC 2-302, who has the best chance of getting out of the contract due to unconsionability?
b. The symbol for justice features a woman wearing a blindfold illustrating that the law should be applied the same way regardless of who the parties are. Does the UCC rule seem to contradict this? Which approach do you think is more ethical?
c. Note that both Glamour and Shady Rest are businesses, and courts rarely find that contracts between two businesses are unconscionable. The rationale is that a business is a sophisticated entity, familiar with transactions and able to protect itself. Do you think Glamour and Shady Rest are in a comparable position in regard to this contract? Why or why not?
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Research on external and internal environments
: Choose an industry you have not yet written about in this course, and one publicly traded corporation within that industry. Research the company on its own Website, the public filings on the Securities and Exchange Commission EDGAR database, in t..
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Natural human engagement issues
: Describe the tragedy of the commons. What problems are presented by the tragedy of the commons for moral evaluation of technological development?
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Find the modified internal rate of return
: Find the Modified Internal Rate of Return (MIRR) for the following annual series of cash flows, given a discount rate of 10.50%: Year 0: -$75,000; Year 1: $15,000; Year 2: $16,000; Year 3: $17,000; Year 4: $17,500; and, Year 5: $18,000.
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What benefits are derived from the using a common network
: What benefits are derived from the using a common network for all onboard systems. Comment on the security concern. Why was an FAA Special Condition issued? How was the concern addressed.
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Contract between campbell and the wentzes
: What were the terms of the contract between Campbell and the Wentzes? Did the Wentzes perform under the contract
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General accounting principles
: "General Accounting Principles" Please respond to the following:
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Would you say you are a problem creator
: 1. Would you say you are a problem creator, experiencer, solver, or eliminator, as outlined in Ch. 6 of Critical Thinking in Everyday Life? 2. Albert Einstein once said, "If I had an hour to solve a problem I'd spend 55 minutes thinking about the pro..
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Statements for propositional logic
: Which of these statements are true, for propositional logic
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Information needs for the ais
: In 1967, Russell Ackoff presented a classical analysis of misinformation in management (Ackoff's Management Misinformation Systems, Case 1-1, pg. 21 of the text).
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