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Everett Company chartered a ship for two years and agreed to make monthly payments of $25,000 to Michaels, the owner of the ship. Every month Everett wired a telex message to his bank to transfer the monthly payment to Michaels. One month, the bank failed to act on Everett's instruction and did not transfer payment. Under the charter contract, Michaels could cancel the contract if Everett failed to make a monthly payment. Michaels canceled the contract. As a result, Everett lost profits of about $2 million because it was unable to charter another ship. Everett sued the bank and the evidence proved that the bank was negligent in failing to make the payment as instructed by Everett. Who wins? Why? Was there consideration for the bank's promise to make the monthly payments? Where were the offer and the acceptance?
You need 3 discussion papers all on both (Team designing and team identity, concentrate more on team designing).
Identify five potential risks associated with this project. Use a risk assessment form similar to Figure 7.6 to analyze each of the five risks. Develop a risk response matrix similar to Figure 7.8 to outline how you would deal with each of the five r..
What is globalization, and what are some of the traditional international trade theories that support the concept of globalization?
You recorded some measurement data and you do not know if the data is periodic or not, or even worse, you do know that the data is NOT periodic. Can you still use the harmonic analysis and get meaningful results? Explain.
____ is crucial in information technology projects because once a project team implements a new system, it takes a considerable amount of effort to change the system. The project communications management knowledge area maps to the ____ process group..
Provide three criteria for why an organization would use competitive bidding and three reasons for negotiation in supplier selection.
Consumer purchases are influenced strongly by cultural, social, personal, and psychological characteristics. What are the various types of cultural factors that influence consumer behavior and how do they interact with one another? Are there any spec..
Calculate the Range Column in Excel (Largest-Smallest) and find mean and standard deviations for Average Weight, Smallest, Largest, and Range columns.
Explain and describe the nature of strategic leadership.Why is high-level cognitive activity of a leader important?
Consider the diagram below, which applies to a perfectly competitive firm, which at present faces amarket clearing price of $10 per unit and produces 10 units of output per week. What is the firm’s current average revenue per unit?What are the presen..
Although the First Amendment generally prevents the U.S. government from engaging in censorship, an exception exists for broadcast radio and television.
What were the outstanding accomplishments of the Byzantine empire under Justinian and Theodora's rule? What was Theodora's role in the governance of Constantinople? What was unusual about her role, for the time? In what ways did they preserve the cul..
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