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A prospective residential tenant offers the owner/landlord a lower rent claiming his family does not use a lot of utilities so the landlord will be saving money. Landlord finds this offer interesting but does not want to lock itself into a potentially costly lease arrangement. The landlord counters with a lower rent and the tenant will reimburse (pay) the landlord for the gas, electric and sewer/water consumed. The parties agree to this arrangement and will enter into a lease. A. Answer this question for a property in the City of Chicago and one outside Chicago. B. Is this legal and may the parties enter into a valid lease for this arrangement? If yes, why? If no, why not? C. What are the negatives of this proposed lease – explain problems from both the landlord’s and the tenant’s prospective.
What makes the strategy formulation process unique from other decision that the organization makes on a daily basis? What would happen if the organization only made daily decisions that were not tied to strategic decisions? Please provide supporti..
What order quantity is optimal if the intent is to minimize total annual costs?
A retailer experiences a seasonal demand pattern for its services. Labor requirements over a typical six-month period follow. Period 1 2 3 4 5 6 Requirement 7 8 9 11 12 7 Costs associated with operations are as follows: per worker Layoff cost = $1,50..
What are the consequential effects of the above mentioned phenomenon on the economy and labor market?
Hyperware Tool & Die manufactures parts for an electric motor. Lately their customer has discovered that one of the pieces develops stress fractures during use. Hyperware has several options for how to fix this. They can change the alloy used for the..
Personal identification with the? leader:
As a small-business owner, you are faced with rising costs, particularly employment costs, insurance, et cetera. So, you decide to hire some friends and pay them as they work, rather than go through the expense and procedure of bringing in “actual” e..
Propose a speech that you would give to a friend in an elevator summing up the contents of this course. You have 30 to 90 seconds to inform your friend of the most important elements.
Working with chemists at Virginia Tech and George Washington Universities, landscape contractor Kenneth Golding blended his own fertilizer, called “Golding Grow.” Formulate an LP problem to determine what blend of the four chemicals will allow Goldin..
Find at least 2 articles related to the topic (Supply Chain Management) discussed through the module. Submit an essay as an attached word document summarizing the concepts in the two articles, and compare them to concepts learned during this modul..
In addition to personal and financial issues, what other factors should the prospective owner be concerned with? Describe at least two.
Mary Williams, owner of Williams Products, is evaluating whether to introduce a new product line. After thinking through the production process and the costs of raw materials and new equipment.
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