Transportation: A Global Supply Chain Perspective
9th Edition
ISBN: 9781337406642
Author: Robert A. Novack, Brian Gibson, Yoshinori Suzuki, John J. Coyle
Publisher: Cengage Learning
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The Dean of Iqra University (IU), a prestigious educational institution, has requested the President of Jupiter Insurance Company Limited to accept five final year students as interns during the summer holidays. As the Public Relations Officer of Jupiter Insurance Company Limited, you have been directed to write a email of about 250 – 300 words, to the Dean stating that it would not be possible to provide internship facility this year. You may offer any reasons for not agreeing to the Dean’s request. However, your letter should be worded in a courteous tone as IU not only provides substantial business to your company but also because the Dean has considerable influence and respect in the business and professional circles.
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How do nonresidential
and residential
transactions compare with respect to the duties
and disclosures of three authorized relationships
discussed in the Brokerage Relationship
Disclosure Act?
Licensee duties and disclosure requirements
apply only to nonresidential transactions.
The duties in the relationships are the same for
both types of transactions, but the disclosure
requirements apply only to residential
transactions.
Licensee duties and disclosure requirements
apply only to residential transactions.
The licensee duties in the relationships are the
same for both types of transactions, but the
disclosure requirements apply only to
nonresidential transactions.
Submit
Transshipping Company Limited (TCL) is a well established trucking company that transports goods from the port of Port of Spain to various destination within Trinidad and Tobago. TCL is seeking to upgrade it’s maintenance regime and recently published an open tender for Maintenance firms to provide routine services to their fleet of 100 trucks.
Massy Motors has a truck maintenance firm located in Port of Spain and is interested in providing TCL with maintenance services for its trucks and duly submitted a tender.
On the 1st February 2021, TCL informed Massy that they are the selected bidder to provide routine maintenance services for their trucks and require Massy to enter into an agreement with TCL.
The contract was agreed by both parties and executed on 15th February 2021.
The contract contains the following provisions/terms;
Massy will provide normal maintenance to certain trucks
TCL is to pay Massy the customary maintenance fees.
Within one month of this arrangement,…
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