Discuss the liability of each party and the potential amount

Assignment Help Operation Management
Reference no: EM13229179

Upon graduation from college, Bob, Carol, Ted, and Alice formed Kotaku, LP, a limited partnership, to distribute video gaming software over the Internet. Bob and Carol each contributed $50,000 and became the general partners. Ted and Alice each contributed $25,000 and became the limited partners. Bob and Carol oversee the day to day management of the business. They hire designer, Nick, who develops their number one selling software program, Dawn of Ka. The company sends Nick as a representative to the annual Comic-Con convention in San Diego to promote their products. Nick rents a car to travel from the hotel to attend the convention and entertain potential clients. While there, Nick negligently causes a car accident and runs over a pedestrian, Ralph, who is seriously injured as a result. As a result, Ralph sues to recover damages and names Kotaku, LP, Bob, Carol, Ted, Alice, and Nick in the lawsuit. Discuss the liability of each party and the potential amount Ralph might recover from each.

Reference no: EM13229179

Questions Cloud

Is herzog a partner in the a1a car wash business : Fring had not agreed to give White and Pinkman authority to make such an agreement. Is Herzog a partner in the A1A car wash business?
What is the probability of running out of stock : Demand for an item is 100 units a week with a standard deviation of 10 units. Lead time is one week and the reorder level used is 115 units. What is the probability of running out of stock?
Determine the power output and the annual energy produce : A 1.2 MW wind turbine has a rotor diameter of 64 m. the turbine operates in an area with an average wind velocity of 7.5 m/s and the air density of 1.18 kg/m^3. the turbine power coefficient including the unit efficiency is 42.8 percent.
Explain what is the equilibrium concentration of no2 : 15.0 mL of 0.50 M HCl is added to a 100.-mL sample of 0.496 M HNO2 (Ka for HNO2 = 4.0 × 10-4). What is the equilibrium concentration of NO2- ions?
Discuss the liability of each party and the potential amount : As a result, Ralph sues to recover damages and names Kotaku, LP, Bob, Carol, Ted, Alice, and Nick in the lawsuit. Discuss the liability of each party and the potential amount Ralph might recover from each.
Why does the ucc allow for the buyer to sue for breach : Why does the UCC allow for the buyer to sue for breach of warranty? In your opinion, are the protections necessary? Why, or why not?
Compare and contract unsecured credit and secured credit : Compare and contract unsecured credit and secured credit, and explain the key differences.
What is the cost of the operation for 30 days : A 1.8-kW electric heater takes 15 min to boil a quantity of water. If this is done once a day and power costs 10 cents/kWh, what is the cost of its operation for 30 days
Explain what is the equilibrium concentration of no2 : 15.0 mL of 0.50 M HCl is added to a 100.-mL sample of 0.496 M HNO2 (Ka for HNO2 = 4.0 × 10-4). What is the equilibrium concentration of NO2- ions?

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