Assume the contract is silent on who bears the risk of loss

Assignment Help Operation Management
Reference no: EM131232647

Johnny sells his car to Tammy for $700. Johnny works as a construction worker. Johnny notifies Tammy that he has the goods at the buyers disposition, and that Tammy is free to pick them up at any time. While Tammy is on her way, the car is stolen with no fault at Johnny. Who bears the risk of loss? Assume the contract is silent on who bears the risk of loss.

Reference no: EM131232647

Questions Cloud

Risks that need to be considered when designing shipment : You have been placed in charge of designing packaging to ship 4,000 textbooks titled International Logistic from Memphis, TN to Soul, Korea. You have learned that the shipment is intermodal in that it involves air, sea, rail and truck. List some of t..
Any bearing on the validity of the deed : Which of the following does not have any bearing on the validity of the deed?
Convenience store that operates on cash basis : How can a company identify customers when those customers don't talk to its representatives very often, if at all -- at least not individually? (Consider a pet food manufacturer that sells to retailers, not directly to consumers. Or a convenience sto..
Termination of agency by impossibility of performance : Compare and contrast the termination of an agency by impossibility of performance and termination of an agency by operation of law? Why can't an injured worker both receive workers’ compensation and sue the employer for damages? Is there any exceptio..
Assume the contract is silent on who bears the risk of loss : Johnny sells his car to Tammy for $700. Johnny works as a construction worker. Johnny notifies Tammy that he has the goods at the buyers disposition, and that Tammy is free to pick them up at any time. While Tammy is on her way, the car is stolen wit..
Legal theory that might support a legal recovery : Joanna verbally contracts to work with Jimmy for three years. After Joanna starts work, Jimmy fires her without cause. Joanna sues Jimmy for breach of contract. Is Joanna likely to recover under the contract? Is there some other legal theory that mig..
Impeccable service in an elegant atmosphere : There is a restaurant in downtown Chicago called TRU. It offers a specialized menu with multiple courses, matching wines, impeccable service in an elegant atmosphere. The price for a meal for two can exceed $500. The dining room seats 70 people. Expl..
Which arrangement serves the largest market in general : Suppose that consumers have a linear demand function and are located uniformly from distance x = 0 to distance x = 1. The transportation cost to distance x is tx. Compute the optimal f.o.b. prices when discrimination is allowed. Which arrangement ser..
Strategic marketing process : The "Strategic Marketing Process" has three main phases: planning, implementation, and evaluation. Describe how organizations such as Macy's, Ben & Jerry's, Amazon, or any other top tier American company apply these phases

Reviews

Write a Review

 

Operation Management Questions & Answers

  An exchange rate is the price of currency

An exchange rate is the price of currency. Conduct a web search on exchange rates for Canada, Mexico, Germany, and Japan. What do you notice about each exchange rate in regard to the value of the American dollar? How important are exchange rates when..

  Describe any potential legal or ethical considerations

Describe any potential legal or ethical considerations that may arise during the implementation of the New Product Launch Marketing Plan either domestically or internationally.

  Explain organization''s efficiency problem

Write a recommendation report discussing how your idea will solve the company's or organization's efficiency problem.

  How would you rank the model of the dimensions of leadership

How would you rank the model of the Dimensions of Leadership Competency if you have to rank from most important to least and Why?

  Publicly expressed an interest in managing diversity

Describe an organization that has publicly expressed an interest in managing diversity. Include the article, website, etc. that demonstrates their interest. Why do organizations need to be interested in managing diversity?

  Project integration managements final process

Project integration management’s final process is to close the project. Which of the following is a reason for this process? a. To indicate the project has ended b. To release all resources from the project c. To celebrate the conclusion of the proje..

  Main factors which influenced the location decision

For each of these four location decisions, rank what you think are the main factors which influenced the location decision and what do you think the companies described in each of these four location decisions were trying to improve and why?

  Discuss specific strategies

What challenges may arise if a U.S. project manager moves to a foreign country to manage a project for 5 years? Discuss specific strategies that the U.S. project manager could use to be successful in a situation such as this. Be specific and support ..

  Why is it so difficult to measure leadership effectiveness

Why is it so difficult to measure leadership effectiveness. What criteria have been used to evaluate managerial effectiveness. Are some criteria more useful than others. Defend your position.

  Assignment on the costs of production

Assignment On The Costs of Production, Joseph Farms, Inc. is a small firm in the agricultural industry. They have asked you to help them complete the limited data they have gathered in an effort to enable effective decision-making.

  How is the average care hours calculated

How is the average care hours calculated? How is total workload calculated?

  Describe the products goods and services

China and India have demonstrated trends toward Western-style consumption over the last decade. Given the emphasis on the youth market in the US over the last 60 years (since the baby boom), what can you suggest for marketers in these youth-orient..

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