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Watson agreed to buy Ingram's house for $355,000. The contract provided that Watson deposit $15,000 as earnest money and that ‘‘in the event of default by the Buyer, earnest money shall be forfeited to Seller as liquidated damages, unless Seller elects to seek actual damages or specific performance.''
Because Watson did not timely comply with all of the terms of the contract, nine months after the Watson sale was to occur, Ingram sold the house to a third party for $355,000. Is Ingram entitled to Watson's $15,000 earnest money as liquidated damages? Explain.
Porters five forces framework has been found to be a robust tool in analyzing industry,choose any industry and with justification indentify the weakest force and the strongest force
a woman was recently arrested for drowning all four of her children. her defense team suggested that she was depressed
Ask the banker to comment on the importance of a business plan to the bank's decision to loan money to a small business. Write a brief report on your findings.
Read Chapters 3 and 4. Answer the questions in your own words (typing sentences directly from your text is not accepted) and submit your document in the drop box. Substantive answers are required in order to receive full points for the assignment.
Should employees be able to pick and choose what work they will perform?- Do Deemer and Cornwell have any recourse?
Whitney is thinking about opening a new high-end collectibles store along the historic Route 66, which goes through her town of Winslow, Arizona. She knows that the services mix she offers will be a key tool for differentiating her store from others ..
Cloud computing has come into the marketplace over the past few years. What are some advantages of using a cloud-based solution? Would this be something your past or current organization could utilize? Why or why not
You are managing a large virtual team of 300 individuals located across the globe. These individuals are all volunteers, each contributing on average about 5-10 hours per week to the project. The project goal is to develop a set of recommendations fo..
Use life cycle costs to recommend a system for NEU. Show the calculations to support your recommendations.
Visit Proctor and Gamble's website, at www.pg.com or other company site and select any product to improve or extend, and determine an appropriate target audience. Look up your brand on Info Scout and summarize the current target audience and trend..
A new logistics system is being designed to transport one product from a factory to a terminal by rail. A simulation study is needed to estimate the following:
Compare and contrast the operations management function in manufacturing
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