Is newtown motors in breach

Assignment Help Operation Management
Reference no: EM131270924

On May 1, Newtown Motors, a used-car dealer, wrote a letter to O'Reilly, which stated, "We have a 1969 Pontiac Firebird in mint condition that we will sell you for $12,500 at any time before June 1. [Signed] Newtown Motors." By May 15, having heard nothing from O'Reilly, Newtown Motors sold the Firebird to another party. On May 25, O'Reilly told Newtown Motors that he accepted the offer and tendered $12,500. When Newtown Motors told O'Reilly it had sold the car to another party, O'Reilly claimed Newtown Motors had breached their contract. Is Newtown Motors in breach? Explain.

Reference no: EM131270924

Questions Cloud

Role of strategic partners in achieving organizational goals : How do the various functions of HR professionals enable them to serve the role of strategic partners in achieving organizational goals? How do the various functions of HR support the strategy of an organization?
What are the shadow prices for the constraints : Investment Advisors, Inc., is a brokerage firm that manages stock portfolios for a number of clients. A particular portfolio consists of U shares of U.S. Oil and H shares of Huber Steel. What are the shadow prices for the constraints? Interpret each...
Calculate displacement thickness and friction coefficient : The chord of an airplane's thin wing is 2 m and it is flying at 200 km/h. Using the flat-plate model,
Elements of the analysis stage of an advertising decision : Explain why you agree or disagree with the contention that the APIC type model is useful as a framework for advertisers to operate within.
Is newtown motors in breach : On May 1, Newtown Motors, a used-car dealer, wrote a letter to O'Reilly, which stated, "We have a 1969 Pontiac Firebird in mint condition that we will sell you for $12,500 at any time before June 1. [Signed] Newtown Motors." When Newtown Motors told ..
Analyze at least three potential management conflicts : Analyze at least three potential management conflicts that may arise due to the identified differences and propose solutions for each to help combat these conflicts. Use at least one chart or graph in your PowerPoint presentation
Companies are moving in direction of compensating employees : Several companies are moving in the direction of compensating employees with nonmonetary rewards in lieu of higher wages. why do you think this is happening?
Determine what price katrina candies should charge : Algebraically, determine what price Katrina's Candies should charge in order for the company to maximize profit in the short run. Determine the quantity that would be produced at this price and the maximum profit possible.
What kinds of south korean leadership behaviors you expect : What kinds of South Korean leadership behaviors would you expect to include in your report? Describe these in terms of interaction between the U.S. and Korean managers as well as interaction between Korean leader-followers

Reviews

Write a Review

Operation Management Questions & Answers

  Social loafing can be a very detrimental practice to the

social loafing can be a very detrimental practice to the effectiveness of an organization. explain what is meant by

  Demand for particular part-what is economic order quantity

The demand for a particular part called SKU 005 is 1,200 units a year. The cost of one SKU 005 is $40.00. It costs $35.00 to place an order of SKU 005, and the holding cost per unit per year is 28% of unit cost. What is the combined annual holding an..

  What are the essential differences among the relationships

What are the essential differences among the relationships of principal and agent, employer and employee, and employer and independent contractor?

  Used-car dealership in the local community

Acme, a car company, is a new used-car dealership in the local community. The company has the following departments and business units: New and used-car departments Facility maintenance department accounting service department Paint and body shop dep..

  Discuss the role of job satisfaction

Discuss the role of job satisfaction and provide examples of strategies a manager can use to motivate an employee. if you were a Human Resource director, how would you coach a new manager to complete performance assessments with their employees? How ..

  List main implementation categories of supplier partnership

List two main implementation categories of the "supplier Partnership Critical Success Factors in the Phases of Implementation". Include the key elements that are associated with each.

  Unsold parkas have little value

C Teddy Bowers sells these parkas at $22 each. Unsold parkas have little value; Teddy Bowers simply gives them away to a charity at the end of the winter season. (Ignore any potential tax consequence and other related costs - e.g. shipping, distribut..

  What kind of marketing communications would be effective

What kind of advertising would you use for your organization, if they could afford the price? What kind of marketing communications would be effective? Who is their target audience?

  Four functions of management theory

The new chief executive officer (CEO) of your company is a strong believer in the four functions of management theory. In preparation for a management meeting, he has asked you to write a report that he can use to explain the theory to his managem..

  Facebook can develop a new competitive advantage

What are two core competencies of Facebook? Explain how they meet the criteria for a capability to be considered a core competency. What sustainable competitive advantage does Facebook have now? What is one area where you think Facebook can develop a..

  Research on leader-member exchange-cognitive strategy

Studies on how managers perceive poor performance by a subordinate find that: Which of the following is a cognitive strategy for self management? Which was not found in the research on leader-member exchange? Which of the following is a recommended g..

  Which of the following is a true statement

President Abraham Lincoln very succinctly explained his rationale for his condemnation of and opposition to slavery, to wit: "As I would not be a slave, so I shall not be a master." Lincoln's reasoning best exemplifies what ethical theory?

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