What are the expectation interest damages

Assignment Help Operation Management
Reference no: EM132224246

Mr. X enters into a contract with Mr. Z under which Z agreed to build a customized telescope for X for $250. The value of the completed telescope to X will be $300. Expecting that the telescope will be delivered on schedule, X pays the purchase price to Z and drills a hole in his roof at a cost of $150. However, before Z delivers the telescope, Ms. Y, another amateur astronomer, offers to buy it from Z for $275. No interest rate was provided.

A. What are the expectation interest damages in this case?

B. What are the the restitution measure of damages in this case?

C. What are the reliance measure of damages in this case?

D. In which cases would he breach the contract? (More than one case is acceptable)

Reference no: EM132224246

Questions Cloud

Does matrix or customer-oriented structure lend : Does a matrix or customer-oriented structure lend itself better to forming joint ventures and alliances?
Why is project management so important in any field : Why is project management so important in any field? How can project management be applied to implement supply chain strategies?
Which callers receive recommendations for physicians : You manage patient referral helpline in which callers receive recommendations for physicians that treat special conditions or that have special training-skills
Marcella lashmett was engaged in farming in illinois : Marcella Lashmett was engaged in farming in Illinois. She had two daughters, Christine Montgomery and Cheryl Thomas.
What are the expectation interest damages : What are the expectation interest damages in this case? What are the the restitution measure of damages in this case?
Centralization have impact on mnc organization structures : In what way do the concepts of formalization, specialization, and centralization have an impact on MNC organization structures?
Analyse client requirements : Analyse client requirements - identify and propose the required servers and server roles (services), and (iii) provide required configurations
What is the reorder point without safety stock : What is the Economic Order Quantity? What is the total annual order and inventory-holding costs for the EOQ? What is the reorder point without safety stock?
How this influences your pricing strategy : Determine the demand of your service and how this influences your pricing strategy.

Reviews

Write a Review

Operation Management Questions & Answers

  Public sector bargaining law

Explain why some states do and other states don't have a public sector bargaining law or laws that cover some public employees but not others.

  Universal declaration of human rights

Universal Declaration of Human Rights about "Everyone has the right to life, liberty and security of person."

  Developing organizational culture in health organizations

How can planning, decision making, and training aid in developing organizational culture in health organizations?

  Additional personnel during periods of increasing demand

What are the advantages and disadvantages of using the option of hiring additional personnel during periods of increasing demand

  Production manager is told to reduce the safety stock

Annual demand for a product is 13,000 units; weekly demand is 250 units with a standard deviation of 40 units. The cost of placing an order is $100, and the time from ordering to receipt is four weeks. The annual inventory carrying cost is $0.65 per ..

  Paradigm sues lindenwood for breach of contract

Lindenwood argues that no contract existed until both parties signed the written document. Paradigm sues Lindenwood for breach of contract.

  Trade-offs between time and cost in scheduling of project

Describe how CPM handles the trade-offs between time and cost in the scheduling of a project. As a new project manager, what concerns would you have regarding these two concepts and what would you do to ensure the project stayed on schedule and on bu..

  Develop a decision tree of this problem

David sells all the chemical at $20 per gallon, so his shortage means that David loses the $5 to buy the more expensive chemical.

  Case study the hct group

HCT Group is an established bus operation with services across the UK, How do each of these companies address sustainability?

  Create your own category names as required

Create your own category names as required and remember that there can never be only one right way for a project of this nature.

  Explain the planning process of aggregate operations

A project manager must consider several components when overseeing the planning process of aggregate operations; specifically, whether such components are factors that are internal or external to the organization. Which of the following factors wo..

  Wash in the shower feature

While working for Valles Global Industries's materials division, you invent a fabric that has an odd property: it can be cleaned by rinsing with soapy water and dries almost instantly. You consider possible uses and think about a better type of men's..

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