Contract to develop fragrance line of products

Assignment Help Operation Management
Reference no: EM131441163

Liz Claiborne is a well known maker of sportswear in the United States. They do on average $1 billion dollars of business each year. They decided to enter into a contract to develop a fragrance line of products. They contracted with Avon for Avon to provide the products which Claiborne would put their name on. The parties agreed to share expenses associated with the venture. In year one the products did $16,000,000 of business; in year 2 $26,000,000 of business. After year 2, Avon wanted to get out of their agreement. Avon refused to provide the fragrances and when Claiborne was unable to obtain the fragrances on their own, Claiborne sued Avon? Who wins and what kind of damages would they be entitled to if any. Remember to define all terms used and if relating to a legal concept, provide all of the elements required to prove the concept.

Reference no: EM131441163

Questions Cloud

Dusty is evaluating three bids to supply fence hardware : Dusty is evaluating three bids to supply fence hardware for the 5 acres of pasture that need to be fenced. Breezy submits a bid of? $40 per unit with a defect rate of? 3%; Lady's bid is? $50 per unit with a defect rate of? 0.5%; and? Spike's bid is? ..
Describe the impact of consumer empowerment : Describe the impact of consumer empowerment on PHRs and their role in value-driven healthcare initiatives. What is the role of culture in the implementation of JIT? Compare and contrast elements of EHR's for acute and ambulatory settings.
The concepts of absolute and relative power contrast : Structure, process, and quality measures of organizational effectiveness are viewed as completely independent of each other. Sustainability refers to. The concepts of absolute and relative power contrast.
Modeling step of the business decision modeling process : The variables in break-even analysis are: Which of the following best describes the Problem Modeling step of the Business Decision Modeling process?
Contract to develop fragrance line of products : Liz Claiborne is a well known maker of sportswear in the United States. They do on average $1 billion dollars of business each year. They decided to enter into a contract to develop a fragrance line of products. They contracted with Avon for Avon to ..
Claim dependency exemption for ned in the current year : Earl and Lawanda Jackson have been married for 15 years. They have no children. Ned, who is an old friend from high school, has been living with the Jacksons during the current year. If Ned moved into the Jackson's home in June and he lived there for..
Demand follows the normal? distribution : Cynthia? Knott's oyster bar buys fresh Louisiana oysters for ?$3 per pound and sells them for ?$8 per pound. Any oysters not sold that day are sold to her? cousin, who has a nearby grocery? store, for ?$2 per pound. Cynthia believes that demand follo..
Steps to the business decision modeling process : Which of the following are the steps to the Business Decision Modeling Process? A producer of pottery is considering the addition of a new plant to absorb the backlog of demand that now exists. The primary location being considered will have fixed co..
Why should organization consider utilizing systems analysis : Why should an organization consider utilizing a systems analysis and design methodology when building a new system instead of building a system in any which way that seems to be fast and simple? What value is provided by using an engineering approach..

Reviews

Write a Review

Operation Management Questions & Answers

  Determine optimum order size and time between orders

A TV manufacturing company uses speakers at the rate of 8000/mo. When it places an order for speakers it incurs a fixed cost of $1200. The monthly interest rate for keeping a speaker in stock is assessed at 1%/mo. The cost of the speaker depends on t..

  Draw a complete decision tree for the problem

Draw a complete decision tree for this problem. Clearly present the decision and event nodes, the associated probabilities, and the payoffs.

  What is the reduction in work-in-process value

If the process makes on unit each hour on average and each unit is worth $1,500, what is the reduction in work-in-process value?

  What is the difference between management approaches

How was walmart managed in the past? What is the difference between management approaches in the past to those of the present organization? What are the management styles and their meaning and what they do.

  Discussing value of specific job compared to different

Some people refer to "pay equity" when discussing the value of a specific job compared to a different, specific job in society. They argue that jobs that benefit society the most should be paid the most.

  Multinationals be interested in setting up operations

Why would multinationals be interested in setting up operations in Mexico? Would culture be a major stumbling block for American firms doing business in Mexico? For European firms? Why might MNCs be interested in studying the organizational culture i..

  Explain the rise of criminological conflict theory

Sykes pointed to what three factors of special importance that sought to explain the rise of criminological conflict theory.

  Compile list of major system life cycle activities

Compile a list of major system life-cycle activities. For each activity on the list, try to find the related supply chain activities. Present your finding in a table with the system life-cycle stage in the first colum.

  Get some practice using minitab to reproduce pie chart

Under this thread, is there a difference in previous use of ethics consultations (PREVUSE) for different medical specialties represented in our sample of doctors.

  Consider the model of business level strategies

Consider the following model of business level strategies:

  Data and statistics to support answers

The resources use data and statistics to support answers to the same question, but they reach opposite conclusions! The textbook authors use the Gini Index to argue that income inequality is increasing. Perhaps it could be said that statistics are..

  Little information about your team and your role in project

Write a one paragraph description of your project so that all of us will have some understanding of one another’s specific projects. Include the goal, the timeframes and a little information about your team and your role in the project.

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