Sharpe contracted to sell 5,000 bales of cotton to Buyit. Due to drought, Sharpe's crop amounted to only 2,000 bales. Sharpe tendered these to Buyit. Buyit took sued Sharpe for breach for failure to deliver the other 3,000 bales. Could Buyit win such a suit?
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am. 119.
![Sharpe contracted to sell 5,000 bales of cotton to Buyit. Due to drought, Sharpe's crop amounted to only 2,000 bales. Sharpe tendered these to Buyit. Buyit took them and
sued Sharpe for breach for failure to deliver the other 3,000 bales. Could Buyit win such a suit?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F97537b36-1ec9-430e-86b3-8c476f0fc993%2F98cb436b-92ef-410b-a01b-d1edce61ebb8%2F7qay9nd_processed.png&w=3840&q=75)
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- Q1. Hotel manager Mr. Smith and his resourceful assistant, John, run a 26-room hotel in a little town. A combination of Mr. Smith's friendly attitude and the absence of a respectable hotel in the nearby vicinity imply that Mr. Smith enjoys sufficient demand at his low fare of $159 per night. John notes that some customers will walk into the hotel requesting a room for that evening and they are willing to pay a high fare of $325 per night. John knows this demand is variable. (In reality, this demand is U(4,9)) He suggests some rooms should be kept unsold to the low-fare customers so that they can serve the high-fare customers. a) To maximize profits with John's plan, what is the booking limit that should be set for low fare customers? b) Mr Smith does not like the idea of John and says “we will sell to everyone who reserves in advance and ignore the walk-in demand." If Mr Smith has his way, what will be the hotel's expected revenue? C) John replies, "If you are going to forgo the…128 A company has a factory that is designed so that it is most efficient (average unit cost is minimized) when producing 28,500 units of output each month. However, it has an absolute maximum output capability of 35,000 units per month, and can produce as little as 7,000 units per month without corporate headquarters shifting production to another plant. If the factory produces 18,900 units in October, what is the capacity utilization rate in October for this factory? Note: Round your answer to 1 decimal place.Aa.16.
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- Question13: Which of the following best describes dispute resolution through an arbitrator? A) A process where a neutral third party facilitates communication between disputing parties to help them reach a mutually acceptable solution. B) A process where a judge hears arguments from both sides and makes a legally binding decision. C) A process where a party decides the outcome of the dispute without the involvement of any third party. D) A process where an arbitrator makes a legally binding decision after hearing evidence from both sides.Question 18 Suppose the number of buyers in a market increases and a technological advancement occurs also. What would we expect to happen in the market? O a Equilibrium price would decrease, but the impact on equilibrium quantity would be ambiguous Ob. Equilibrium price would increase, but the impact on equilibrium quantity would be ambiguous. Oo Equilibrium quantity would decrease, but the impact on equilibrium price would be ambiguous O d. Equilibrium quantity would increase, but the impact on equilibrium price would be ambiguousQ.9. What would be an advantage of choosing a sole proprietorship over other legal structures of business? The sole proprietorship can live long after its founder moves on The sole proprietorship is protected from all liability The sole proprietorship pays no taxes 4. The sole proprietorship would be cheaper to set up Select one and explain?
- Qw.45.Op7. Question 4. Assume you are the marketing consultant for an upscale food market that wants to focus its marketing efforts on attracting new customers. You have a choice of segmenting the market on either a demographic or a benefit basis. What is the difference between the two? Which would you recommend, and why? Type your answer............. Question 5. Differentiate between breadth and depth of a firm's product mix by choosing a familiar company and explaining how its products exemplify these two concepts. Type your answer................q. 15 Calculate the accuracy of your MA forecasts using MAD. What does the result tell you? Group of answer choices a. There is a bias towards over forecasting b. There is a bias towards under forecasting c. On average forecasts miss by 15% d. On average forecasts miss by 2 e. MAD does not provide any useful information without a CFE calculation to compare with