What is the likely outcome of the case

Assignment Help Business Management
Reference no: EM131591497

1. Black is purchasing a house under a real estate mortgage held by the white mortgage company. Under the terms of the mortgage, black is obligated to make a payment to white mortgage company each month. Part of the mortgage balance and a third part is deposited in an escrow account to pay for taxes and insurance. Black sells his house to gray, with gray defaults, can white mortgage co. take action to recover from black?

2. Black tool and Die company agreed to make a punch press die for white for $10,000. A one-month delivery time was agreed on. Black was ready to begin work on the die when white called and told Black to hold up until further notice. White then shopped around in an attempt to find a lower price for the die. White could not find a better price and called Black about two weeks to tell black to go ahead on the die, but Black refused, saying that its work schedule was now such that the die could not be completed within six months. White claims breach of contract and threaten to sue. What is the likely outcome of the case? Why?

Reference no: EM131591497

Questions Cloud

What are the advantages and disadvantages of java : What are the advantages and disadvantages of Java as compared to the other two - What are the expectation in the journey between those two positions
What will your monthly payment be : What will your monthly payment be?
Discuss local-rural communities and urban communities : Copy and paste yourPost your responses to the Discussion based on the course requirements. Your Discussion postings should be written in standard.
Lease will require monthly lease payments : Lease will require monthly lease payments
What is the likely outcome of the case : White claims breach of contract and threaten to sue. What is the likely outcome of the case? Why?
Create a global function called updatebucket : Create a global function called updatebucket(TetrisShape localTetrisShape)" to populate the bucket with values of the shapeArray
A restatement of your assigned position on sampling strategy : Post a restatement of your assigned position on sampling strategies. Defend your position with examples and support from the scholarly literature.
Standardized and localized strategy : Explain the differences between a standardized and localized strategy. Which are the advantages and disadvantages of each one?
Member conferences of the ncaa : Member conferences of the NCAA provide many benefits and services to their member institutions. Identify and describe these benefits and services.

Reviews

Write a Review

Business Management Questions & Answers

  Develop a networking plan for a warehouse company

You have been hired to develop a networking plan for a warehouse company. The company has already purchased the equipment necessary to set up the network as shown above, so will need an IPv4 design immediately.

  Good mentorship program in developing leaders

What are several benefits of a good mentorship program in developing leaders? What may be several problems that can occur in mentorship programs?

  Advantages and disadvantages of secondary data collection

1: What are the advantages and disadvantages of secondary data collection? 2: What are some of the issues to be considered when using data from leisure participation surveys?

  Develop a plan for implementation that addresses the change

Identify and discuss consequences to stakeholders and the business concern that will be impacted by implementing the decision -  Develop a plan for implementation that addresses the change.

  Analysing investment opportunities

Your company has traditionally used the net present value criterion for analysing investment opportunities. It has recently been proposed that it should switch to a shareholder value approach. Discuss the advantages of doing so.

  Difference between master data and transaction data

Integrated Enterprise Systems - IT 402 - Explain the difference between master data and transaction data in an enterprise system and how are they related. Support your answer with examples.

  Risk management plan for project x

Write your risk management plan for Project X, you're going to make a formal presentation to the project stakeholders. Refer to the list you discussed with the project team during the second week of this project.

  Assignment on information governance

Using the Internet or databases, research health care organizations / providers that have recently had a significant information technology failure.

  Real estate investment risk

Many investors have become extremely wealthy by investing in real estate. Countless others have lost everything they had through investing in real estate. Real estate is a high-risk investment, but risks can be managed.

  Global management1is it possible to understand and discuss

global management1.is it possible to understand and discuss organization culture without understanding the national

  Briefly define organizational behavior

Briefly define organizational behavior. How can the knowledge of organizational behavior be used to enhance a person's job performance and career? It would be very helpful if you can provide some examples.

  Ethical code of conduct plan for a company

The legal regulations of conducting business overseas, The ethical code of conduct for employees and vendors

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