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The plaintiff agrees to supply the defendant's building company with 2 tonnes of cement. During the negotiations the plaintiff agreed to supply at the price of $ 800 per tonne. The sales contract, prepared by the plaintiff, inadvertently states that the price is '$800' rather than '800 dollars per tonne'. When the plaintiff signs the contract he does not check that the price stated is per tonne. The defendant company seeks to defend a claim for payment of $ 1,600 on the grounds that the plaintiff is bound by the document signed to accept $ 800 for the cement.
Identify the nature of the mistake, and then determine if it is operative and state the consequences for the parties concerned.
Describe a situation either at work or in your personal life that you have experienced an external locus of control.
On January 28, 1986, the Space Shutt;e Challenger was destriyed upon lauch from Cape Canaveral, Florida killing all seven astronauts on board. Conduct a literature search on the topics of the Challenger disaster and groupthink. Then, discuss how grou..
The senior executives' forecast of demand for services must evaluate whether TNH should expand into target markets such as Winnipeg and Toronto. What technique(s) should the TNH forecasting department use to produce forecasts that would support this ..
Why is the transportation industry cyclical in nature. In terms of capacity, what steps can transportation companies take to avoid or at least mitigate the negative effects of economic downturns like this most recent one
You are responsible for risk management in your firm. How would you go about forecasting the political risk for investment in emerging markets? How can a small-medium enterprise (SME) assess and manage political risk?
How does project portfolios fit into an organization's strategic management and planning process.
In JIT, it is desirable to convert as many external setup activities into internal setup activities as possible. The learning index ( or rate ) can be identified under both the natural logarithm and ‘base 10’ logarithm calculations: The “pull” system..
Identification of the successful characteristic of establishing self-directed, high-performing teams. Recommendations for success. A designed plan that might help guide the struggling managers and improve negotiation and conflict resolution skills
List IKEA’s external and internal challenges. Looking at IKEA’s challenges, which ones do you think pose the greatest threat? Why? How would you address the challenges? Walmart entered a period of difficulties after Sam Walton stepped down. Do you a..
Compare and contrast strategic controls and financial controls. Provide specific examples of how each may be used to best serve a corporation.
Do you think sustainable business practices have a positive impact on business success? What are some criticisms of sustainable business? Do you agree with the triple bottom line?
What is a work breakdown structure? What is a responsibility matrix? How are they related?
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