Reference no: EM131106042
DISCUSSION 1
Please respond to the following:
• Review the news headline regarding exploding air bags and why legal personnel are saying this recall is different than most.
o Video Report
• Based on the news headline, outline and explain two (2) other types of torts a business may be liable for and explain why. (Do not use the video example as one of your own suggestions.) Then, explore some of the steps a company may take to avoid liability for the torts you discussed. Be sure to provide legal support for your analysis.
DISCUSSION 2
Please respond to the following:
• Thinking back on the last few months, consider a time when you encountered a friend or business associate who promised or agreed to do something but did not follow through. For example, did someone agree to sell you something but at the last minute changed the price? Or did someone agree to perform a service, but then later said he or she was too busy?
• Relate the facts of your example. Then, based on the materials in the reading and lecture, explain why the facts you presented did or did not meet the legal requirements for a contract. Be sure to support your response.
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Write a literature review on value at risk
: Write a literature review on Value at Risk (VaR) risk measures, on Credit Value at Risk (CrVaR) and on Credit Risk models both for valuation and risk measurement
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Prepare deverss journal entries
: Devers Corporation issued $400,000 of 6% bonds on May 1, 2011. The bonds were dated January 1, 2011, and mature January 1, 2013, with interest payable July 1 and January 1.
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Customer under the above block pricing
: "Buy the first 7 units at a price of $75 per unit, and any subsequent unit at a price of $54 per unit." Compared with uniform pricing, profits per customer under the above block pricing are
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Potential customers enter the system each hour
: A service facility consists of one server who can serve an average of two customers per hour (service times are exponential). An average of three customers per hour arrive at the facility (interarrival times are assumed to be exponential).
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Why legal personnel are saying recall is different than most
: Based on the news headline, outline and explain two (2) other types of torts a business may be liable for and explain why. (Do not use the video example as one of your own suggestions.) Then, explore some of the steps a company may take to avoid l..
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The average service time for each customer
: On average, 100 customers arrive per hour at the Gotham City Bank. The average service time for each customer is one minute. Service times and interarrival times are exponentially distributed.
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Elasticity of demand for high class
: A firm uses third-degree price discrimination to sell the same cologne under two different labels. The price elasticity of demand for `High Class' is -1.25. The price elasticity of demand for `Splash-This-Stuff-On' is -2. Which one of the followin..
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Focusing on maximizing revenue
: A firm has just introduced a product in a market and would like to increase its market share by focusing on maximizing revenue in the current period. It has estimated that the demand for the product is Q = 1,500 - 75 P. Then to maximize revenue, t..
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Observe a sequence of interarrival times
: Suppose that you observe a sequence of interarrival times, such as 1.2, 3.7, 4.2, 0.5, 8.2, 3.1, 1.7, 4.2, 0.7, 0.3, and 2.0. For example, 4.2 is the time between the arrivals of customers 2 and 3. If you average these, what parameter of the M/M/s..
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