Contract between buyer and seller specifies

Assignment Help Operation Management
Reference no: EM13840922

A contract between buyer and seller specifies that a seller will pay $1,000 per day if the seller fails to deliver the materials according to the project schedule. What form of contract remedy is the seller agreeing to here?

A. Liquidated Damages.

B. Insurance

C. Equitable Relief.

D. Remedial Payment.

Reference no: EM13840922

Questions Cloud

The most widely-used assessment method : Most of the diagnostic effort regarding dementia is spent on. A major reason why many people in nursing homes have few or no visitors is that. Which of these is not a common / normal emotional reaction while grieving? The most widely-used assessment ..
About procurement documents : Which of the following is a true statement about Procurement Documents?
Documents will project manager need for closure of project : A project manager has just reached the end of a project. Which of the following documents will the project manager need for closure of the project?
Contract between buyer and seller specifies : A contract between buyer and seller specifies that a seller will pay $1,000 per day if the seller fails to deliver the materials according to the project schedule. What form of contract remedy is the seller agreeing to here?
Statement concerning evaluation criteria : Which of the following is a true statement concerning evaluation criteria?
Minimize effect of personal prejudice on seller selection : Which of the following is a method for quantifying qualitative data in order to minimize the effect of personal prejudice on seller selection?
Discuss the pricing contained in the response : A prospective seller, Seller XYZ, calls you to discuss the pricing contained in the response her company had previously provided to you. In addition to being a large customer of your company, Seller XYZ has also been a dependable, long-time supplier ..
Requirements and specifications associated with procurement : Project Manager Harley Davidson has developed an RFP to request response from sellers. Based on the requirements and specifications associated with the procurement, Harley believes the sellers will likely be niche technology start-up companies that w..

Reviews

Write a Review

Operation Management Questions & Answers

  Discuss a potential manager''s decision-making trap

Discuss a potential manager's decision-making trap/s. Focus on a particular type (character trait, career, education, age, or similar).

  Determine the upper bound on the difference in their monthly

Determine the upper bound on the difference in their monthly compensations that would justify hiring X rather than Y.

  Create a performance reporting template for the riordan

Create a performance reporting template for the Riordan Manufacturing Go Green campaign. Write a brief opening statement in which you reiterate project deliverables and communicate changes. Emphasize the benefits of the project and the value of th..

  Provide a detailed cost breakdown

The present labor force can produce 500 units per month. Each employee added can produce an additional 20 units per month and is paid $1000 per month. The cost of materials is $30 per unit. Overtime can be used at the usual premium of time and a h..

  What is meant by the level of threshold service

What is meant by the level of threshold service of a least-cost system.

  Define the linear relaxation problem

If the objective is maximization, the optimum solution of the integer programming problem may give higher objective function value than the optimum solution of the linear relaxation problem.

  What is the stock performance compared to the peer firms

What are the good and bad ratios of Tesla motors in 2013? be specific please. What is the stock performance compared to the peer firms, market performance, past and current performance of tesla motors in 2013?

  Important to implementation of an organizations strategy

What steps need to be taken before we implement an organizational strategy? Why are time frames so important to the implementation of an organizations strategy? What role does the sequence of execution play?

  Discuss cultural difference between china and google

Google, the company with the mission to make the world’s information universally accessible has come under fire with its re-launch of Google-China.

  How will different cultural perspectives of a region

How will different cultural perspectives of a region impact your global business operations? In your initial response, provide an example of one region

  We have now studied the plan contracting process we have

we have now studied the plan contracting process. we have explored the procurement sow and various types of contracts.

  Describe how organizational design like geographic

write a 1050- to 1400-word paper in which you select an organization with which you are familiar and present the

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