What equitable remedy might Plutt seek

Assignment Help Accounting Basics

Reference no: EM132722653

Questions -

Q1. Assume that the owner sells the droid but Plutt only pays 20 portions. The owner sues Plutt for the balance of money owed under the contract. What sort of contract damages would describe these damages for the lost profits?

Q2. Assume that instead Plutt reaches a valid agreement buy the one-of-a-kind droid from its owner for 60 portions (or $60,000.00). However, the owner becomes sentimentally attached the droid and refuses to complete the agreement. What equitable remedy might Plutt seek if the owner refused to follow-through on the sale of the unique droid? How does this remedy work?

Q3. Dr. Ford designs a new kind of thinking robot. He intends to use the very lifelike machines to build a Western-themed amusement park. He will call the park Western-World. Ford hopes to be able to bring in thousands of investors across the world to support his venture. What business form would you recommend for the theme park?

Reference no: EM132722653

Questions Cloud

What is the loss that Jacobs should record : Jacobs retired the bonds at 102. The interest payment on July 1, 2005 was made as scheduled. What is the loss that Jacobs should record

Explain in detail how to construct a box spread : Explain in detail how to construct a box spread.

Describe what you would present to your unit staff : Create a 7-9 minute video that reflects upon the clinical problem that you have identified in your area of nursing practice (as identified in Module 1).

How would help lenovo to attract non-chinese talent : How would you help Lenovo to attract non-Chinese talent to work for the Company in its global operations, particularly outside China?

What equitable remedy might Plutt seek : What equitable remedy might Plutt seek if the owner refused to follow-through on the sale of the unique droid? How does this remedy work

What is the undiscounted cash flow : What is the undiscounted cash flow in the final year of an investment, assuming $10,000 after-tax cash flows from operations

What methods for measuring performance would most suitable : What advice would you give managers at Retrofit to help them deliver performance feedback effectively when they meet with their employees?

Evaluate usefulness compared to historic cost model : Describe the circumstances in which the revaluation model may be used in relation to non-current assets

What is the net change in the capital account : During the current period, the owner withdrew $7,000 for personal use and the net loss was $5,000. What is the net change in the capital account

User Account

All Pages