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IRAC" Analysis
Andy leases to Burgertown Franchise Corporation a 10,000 square-foot building under a written lease with a twenty-year term, rent payable annually. The lease includes a clause stating that Burgertown is responsible for making all necessary repairs, including rebuilding the structure after its destruction by any cause beyond Andy’s control. The lease does not include a clause concerning its assignment. One day after the tenth rental payment, Burgertown, without Andy’s knowledge or consent, assigns its interest in the lease to Chicken Hut Restaurants, Inc. Meanwhile, Andy dies and Donna inherits Andy’s interest in the building. Without the knowledge or consent of either Burgertown or Chicken Hut, Donna sells the building to Eagle Investments, Inc. The next month, the building is destroyed in the flood of a nearby river. Burgertown rebuilds it and files a suit against Eagle for the expense. Eagle responds that the lease has terminated. Is Eagle correct? If so, when did the lease terminate? If not, is Eagle liable for the cost of rebuilding the structure? Why or why not?
Ace Property Company is a subsidiary of Beta Investments, Inc. Ace operates a hazardous waste disposal site. ChemiCo is one of many parties who generate waste disposed of at the site. Ace borrows money from Delta Bank, which takes over the site when Ace goes bankrupt. The bank sells the site to Eagle Company. The Environmental Protection Agency discovers a leak at the site. Can any of these private parties be forced to pay for the clean up? If so, who?
You have just been hired as a brand manager of toothpaste for a large consumer products company. Your job mainly involves encouraging the advertising and production groups to promote and manufacture your product more effectively. Describe the sources..
It is now the end of a review cycle. You are expecting a previously ordered shippment of 520 units to arrive within a week and you physcally have 493 units on hand.
Officers Jones and Henderson are well-respected police officers in the Woodlawn community. They have been recognized, both within the police department and by the community, for their outstanding service. Determined to “clean up” the downtown area, t..
For every operation, there needs to be a list of personnel and the times that specific personnel are likely to be occupying an area, in addition to any clients or customers who are likely to be on premises. What plans will you make now to ward off th..
What is the role of government in transportation? Do you believe economic deregulation is positive or negative for the overall economy?
The Vice President in charge of shipping/transportation at the Miller Book Company in Milwaukee, Wisconsin is having trouble identifying problem areas that are directly related to the increasing cost of running his part of the operation. His subordin..
What are some of the challenges that are faced in industry today with regard to schedules and time fences?
In what ways do committees occasionally serve to counterbalance authority and diffuse power within an organization. Evaluate the use of committees within the organization, identifying the most optimum use in your opinion. Defend your position.
When resource-leveling a project, a number of heuristics can help us prioritize those activities that should receive resources first. Activities with the smallest slack. Activities with the smallest duration. Activities with the lowest identification..
What issues are likely to arise in a developing country when a global giant like Coca-Cola begins operations there? What kinds of advantages does such an expansion bring to the globalizing organization? Support your thoughts with research.
Ten samples of 15 parts each were taken from an ongoing process to establish a p-chart for control. Develop a p-chart for 95 percent confidence (1.96 standard deviation). Based on the plotted data points, what comments can you make?
Determine the importance of bankers having good working relationships with their clients. Support your response with two (2) examples that illustrate such importance.
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