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In the four years since Devon started Yard Tech in Florida, he incorporated the business, purchased two trailers and two pickup trucks, rented a storage facility for his trucks and equipment, and hired 2 full time employees. Yard Tech services include mowing, edging, mulching, planting, pruning and a variety of landscaping services. Yard Tech also offers pool cleaning services for a few clients. As expected, Devon and Yard Tech experience several scenarios while conducting operations. Myron was allowed to drive one of the company trucks to and from work because he was responsible for the territory in his part of town. Taking the truck home allowed Myron to go directly to the jobs without wasting time and gas to go pick up the truck each day. When driving home from work, Myron was involved in a collision with Hanh Nguyen. At the time of the accident, Myron had taken a detour in order to stop at the grocery store to pick up a few items and go home. Nguyen’s vehicle was totaled and she missed approximately two weeks of work recovering from her injuries. Nguyen sued Myron and Yard Tech. Myron suffered a broken leg and missed two months of work.
Discuss the arguments each party (Myron, Yard Tech and Nguyen) will make related to liability in the accident. Decide which party or parties should be liable and provide support for your choice.
What is meant by an “agency cost” or “agency problem”? Do these interfere with maximizing shareholder wealth? Why or why not? What mechanisms minimize these costs/problems? Are executive compensation contracts effective in mitigating them?
Software is defined as the computer programs that govern the operation of the computer. Microsoft's Dynamics ERP solution is a cloud-based application that runs on the Windows Azure platform. Business process management includes the conversion of man..
Both the doctrinaire and the philosophy-laden organizations are seeking to stay union-free. The doctrinaire organization stays union-free by paying and treating their workers pretty much like the union would do.
Alpha Walk-in Clinic operates as a single channel single server system. On Tuesdays, its average arrival rate per hour is 7.0. Analysis indicates that its service rate is 8.5 patients per hour. Using queuing theory describe this service system. The p..
Which of the following is one of the most common claims of religious discrimination in the workplace:
Consider a "professional services pyramid" like the one pictured below, and assume that the firm only does entry-level hiring (that is, all managers and partners are promoted from within). Suppose that the number of juniors, partners and managers re..
Which aspects of the Texas legislature can be used to demonstrate the limited government of Texas? Do you think the Speaker of the House and the Lieutenant Governor have too much control over the passage of bills? Explain. What are your thoughts on G..
The potential costs associated with inventory theft are quite high. Employee theft of goods in merchandising companies is generally higher than in other types of industries. How can an automated inventory system help detect employee inventory theft? ..
The Olympic Shoe Company manufactures a number of different styles of athletic shoes. Its biggest seller is the X-Pacer running shoe. In 2008 Olympic implemented a quality-management program. The company's shoe production for the past three years ..
Review the Introduction to Coding and From Content to Coding media programs in the Learning Resources. Refer back to your observational field notes from the Scholars of Change Videos from Weeks 1-4.
The United States exports in services are increasing rapidly and have a positive balance relative to the imports of services. Use the Dabur India Ltd. and Parmalat USA Turnaround cases to identify examples of American firms that offer specialized bus..
Negligence means lack of ordinary care. If some person’s or company’s negligence causes a product to be defective, they can be liable for the harm caused. The negligent party can be the manufacturer, the designer, distributor and part supplier, or an..
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