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Brown, located in Knoxville, contracted to buy sixty cases of Lovely Brand canned corn from Clark in Toledo at a contract price of $1,250. Pursuant to the contract, Clark selected and set aside sixty cases of Lovely Brand canned corn and tagged them ‘‘For Brown.’’ The contract required Clark to ship the corn to Brown via T Railroad, F.O.B. Toledo. Before Clark delivered the corn to the railroad, the sixty cases were stolen from Clark’s ware- house. a) who is liable for the loss, brown or smith? b) suppose smith had delivered the corn to the railroad in toledo, after the corn was loaded on a freight car but before the train left the yard, the car was broken open and its contents including the corn were stolen, who is liable?
Choose a current or recent labor contract (collective bargaining agreement) negotiation in the U.S. airline industry. Summarize the state of the negotiations, major issues, and resolution, if any. Utilize industry publications and authoritative newsp..
Which of the subsequent correctly describes an external benefit resulting from A person's purchase of flu shots from a doctor.
What is average length of "place order line". What is average length of "pick up line". What is average number of customers in drive through area.
A consumer has preferences for apples (A) and Oranges (Or) given by the utility function U(A,Or) = log(A) / 2 + log(Or) where log() is the natural logarithm function. The Marginal Utility for A is 1/2A and the marginal utility for Or is 1/Or. What i..
The greater the elasticity of the LM curve, the greater will be the effectiveness of fiscal policy. The more interest elastic the investment demand function, the more effective monetary policy will be. The more interest elastic the investment demand ..
Assume that you have two ways to get the money, one way is to have it at present, so PV=10,000, another way is to get it in the future, so FV=11,000. Which one would you like to choose ? Why?
Youngstown sold most of its output in the Midwest. Was this fact relevant.
Which of the two nations has better prospects for the future and why. Provide a reasoned opinion.
Does a firm need to diversify across different businesses in order to benefit from economies of scope? Why do firms continue to merge and acquire despite evidence that these transactions destroy firm value?
In the country of Growlandia the labor force grows by 3% per annum, while the capital stock grows by 4% per annum. Suppose 40% of national income goes to labor. Suppose the country’s actual rate of growth is 5% per annum. Calculate the value of the r..
If firm A produces 100 record albums and 100 video cassettes, how might firm A be made better off by shifting its output mix. Explain your reasonings clearly.
Explain why the International Trade Administration suggest that some causes piloting the growth in the world population, rising incidences of chronic diseases, increasing elderly population, and higher disposable incomes. Other reasons motives includ..
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