Risk of loss for the ski poles

Assignment Help Business Management
Reference no: EM13952650

Frank is a jeweler who both sells and repairs jewelry. An elderly woman brought in a red piece of jewelry to be repaired and left it with Frank. Frank called the woman with a question about the piece of jewelry. In that conversation they agreed that Frank would go to the woman's home to talk about the red piece of jewelry. While at her home, Frank stole a blue piece of jewelry from her dresser. The following week Frank's employees sold both the red piece of jewelry and the blue piece of jewelry to Derek, a random customer shopping for Christmas presents.

A. Can the elderly woman get her Red jewelry back from Derek? Explain why or why not

B. Can the elderly woman get her Blue jewelry back from Derek? Explain why or why not

2. Henry, a sporting goods retailer in Ankeny, sent an email to Don's Ski Equipment & More (DSEM) ordering 100 of a specific kind of ski pole. On October 10, DSEM shipped the ski poles via a common carrier from its distribution center on the western side of Colorado. After traveling for approximately one hour, the truck made a wrong turn and fell off the side of a mountain, damaging all of the ski poles. Henry refuses to pay for the ski poles, arguing that the ski poles still belonged to DSEM. DSEM argues that the ski poles belonged to Henry as soon as the truck left its distribution center, and therefore Henry had the risk of loss for the ski poles at the time of the accident. Circle the name of the party that had the risk of loss for the ski poles at the time of the accident:

Henry or DSEM

Explain why you chose this answer

Reference no: EM13952650

Questions Cloud

Determine location of the center of mass of this molecule : The carbon monoxide molecule (CO) consists of a carbon atom and an oxygen atom separated by a distance of 1.13 * 10^-10 m. The mass of mc = 0.750 mo. Determine the location of the center of mass of this molecule relative to the carbon atom.
Indicate the impact of the transaction : Indicate the impact of the transaction on the corresponding ratio (increase, decrease, or no effect).
Allocative efficiency in the production of cherries : "Allocative efficiency in the production of cherries means that consumers can eat all of the cherries they desire." Is this statement true or false?
Determine its molecular mass : The chlorophyll-a molecule, C55H72MgN4O5, is important in photosynthesis. Determine its molecular mass (in atomic mass units).
Risk of loss for the ski poles : DSEM argues that the ski poles belonged to Henry as soon as the truck left its distribution center, and therefore Henry had the risk of loss for the ski poles at the time of the accident. Circle the name of the party that had the risk of loss for ..
Why are development organizations less accountable : Why are development organizations less accountable to the people they serve than businesses or elected governments are?
Modify this pay calculator design : Modify this Pay Calculator design to include an input validation loop to ensure that the user provides a valid employee name (non empty); otherwise, the pay is not calculated
Who supports bigger government : In 2012, researchers at the Edelman Public Relation firm asked a representative sample of 1,000 people in the United States this question: "Do you think your government regulates business too much, not enough, or the right amount?"
Difference between vertical and horizontal information : Describe the difference between "vertical" and "horizontal" information? How is each used by the police, fire or EMS personnel? Give a real-life example for each!

Reviews

Write a Review

Business Management Questions & Answers

  1 a deep in-the-money call option on futures is exercised

1. a deep in-the-money call option on futures is exercised early becausea.the intrinsic value is maximizedb.it behaves

  Extensive research paper on an entrepreneurship failure

Write an extensive research paper on an entrepreneurship failure. As you may be aware, 80% of all small businesses fail within the first five years.

  Employee referrals - impact on efficiency of recruitment

Discuss the impact on the efficiency of recruitment, that is, the time and cost of recruitment and discuss the impact on the quality of recruitment, that is, the match between new hires and organizational needs.

  Foreign direct investment and financial risk assessment

The company is a manufacturing firm with annual earnings in excess of $350 million - Using Porter's Five Forces as a strategic guide, please explain how you will approach Foreign Direct Investment and Financial Risk Assessment.

  Explain sandy believes her employer has breached

Explain Sandy believes her employer has breached the employment agreement and she should be paid for the two weeks between jobs. Is she right

  Explain the use of hr technology has grown rapidly

Explain the use of HR technology has grown rapidly in the past decade as workforce technologies are used to transform the way HR delivers its activities

  Increase in the equilibrium price

Web-tutoring - leftward shift of supply, an increase in the equilibrium price?

  The internet to help you accomplish a task

What is one example of information you looked up on the internet to help you accomplish a task?

  Explain e-mail new employees with the packet attached

Explain E-mail new employees with the packet attached and request they complete it and e-mail it back within three days

  Thinking and decision making

Thinking and Decision Making - Prepare a paper in which you analyze at least three different types of thinking styles.

  Identify a possible change that will increase effectiveness

Identify an actual organization with which you are familiar. Identify a possible change that will increase this organization's effectiveness and/or health. Select an established change model to implement this change.

  What about toms responsibility to taxpayers

How should Tom proceed to ensure that all bidders have an equal chance to participate in the bid process and how can the procurement office avoid the practice of vendors helping buyers to write a bid proposal?

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