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Developers under a plan approved by the city of Rye had constructed six luxury cooperative apartment buildings and were to construct six more. In order to obtain certificates of occupancy for the six completed buildings, the developers were required to post a bond with the city to ensure completion of the remaining buildings.
The developers posted a $100,000 bond upon which the defendant, Public Service Mutual Insurance Company, as guarantor or surety, agreed to pay $200 for each day after the contractual deadline that the remaining buildings were not completed. After the contractual deadline, more than five hundred days passed without completion of the buildings. The city claims that its inspectors and employees will be required to devote more time to the project than anticipated because it has taken extra years to complete. It also claims that it will lose tax revenues for the years the buildings are not completed. Should the city prevail in its suit against the developers and the insurance company to recover $100,000 on the bond? Explain.
8. Calculate the added value for each of the following firms. Microsoft: Value of output $2,750 Wages and salaries 400 Cost of capital 40
What are some of the visible signs that reflect the current increased economic interdependence among countries? What are some reasons for this growth in interdependence and for the rise in global integration?
IS are increasingly being used in all organizations. NGOs, in particular, use ICTs to coordinate their advocacy programs, relate the programs to broader governmental goals, and establish accountability. However, at times, NGOs have not been particula..
Ineffective communication is the fault of the sender.?? Do you agree or disagree with this statement? Discuss
Given the growing evidence of this problem, should retailers abandon the use of police interrogation techniques in their investigations? How should firms deal with employee theft
1. Four-drive theory is conceptually different from Maslow's needs hierarchy in several ways. Describe these differences. At the same time, needs are based on drives, so the four drives should parallel the seven needs that Maslow identified (five in ..
The Discussion Board (DB) is part of the core of online learning. Classroom discussion in an online environment requires the active participation of students and the instructor to create robust interaction and dialogue.
Explain what led to an unsuccessful outcome at Home Depot. Analyze the Home Depot scenario utilizing the four-frame model (i.e., Structure, HR, Political, and Symbolic)
The impact to business
What competitive advantage does Hazel have over a professional lawn care service?
Transition from individual machine set up to network demands lots of correct configuration. Proper network topology, communication over Virtual Private Network, selection of correct hardware configuration and required software are the blocks of a ..
The modern problems ( issues) of healthcare system in United States,Health benefits and disadvantages.
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