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John Harrington, Jr. (“Junior”) is a 24-year-old, 3-pack-per-day smoker. John Harrington, Sr. (“Senior”) is a very concerned parent. On January 1, father announces to son, “Junior, if you will stop smoking for the entire year, I will pay you $5,000.” Senior believes that if Junior will stop smoking for one year, he will “kick the habit.” Junior reluctantly accepts his father’s terms, and extinguishes his half-smoked cigarette with the heel of his boot. On January 1 of the following year, Junior approaches Senior and says “Dad, time to pay up.” Senior has no reason to doubt that Junior has refrained from smoking for an entire year, but states “Son, this was for your benefit. The gift I have given you is the gift of life, and you are now likely to enjoy that gift longer, because you are now much less likely to contract cancer. Health statistics show that non-smokers live ten years longer than smokers. Enjoy your newfound life, but I will not pay you the $5,000.” Does Senior owe Junior the $5,000? Is there an enforceable contract between father and son? If there is not an enforceable contract, does Junior have any other legal or equitable theory of recovery?
What are the four business level cooperative strategies and what are the differences among them? Why do firms use cross-border strategic alliances? What risks are firms likely to experience as they use cooperative strategies? How can a firm manage th..
Access the GCU Library. Select an article that deals with socially responsible marketing and ethics. In a paper of 500-750 words, summarize the article, addressing the following questions: What is the purpose of the article? What is the thesis of the..
"Every individual employee in an organization plays a role in controlling work activities." Do you agree with this statement, or do you think control is something that only managers are response for? Explain.
Kuhn Corporation is considering a new project that will require an initial investment of $4,000,000. It has a target capital structure consisting of 45% debt, 4% preferred stock, and 51% common equity. Kuhn has noncallable bonds outstanding that matu..
What does the current research reveal about the sexes and self-disclosure? What kind of interview should you recommend to Goliath Industries if they want to increase the reliability and validity of the interview process?
Everyone has had an opportunity to observe the evolution of the "view at home" movie industry. Discuss your views on what has happened in that industry from a life-cycle standpoint.
Briefly describe the five process types, and indicate the kinds of situations in which each would be used.
Pretentious the addition of one more clerk, illustrate what is the maximum number of applications the process can handle. Explain how would you suggest modifying the process in order to accommodate 120 applications per hour.
Do performance management systems measure the right things? How can these systems tie performance that is more consistent with long- range versus short-term issues?
Recently, numerous examples have appeared of executives coming under fire for excessive pay when compared to company performance. Research executive pay in the healthcare industry and compare pay packages for the same position in several different he..
Explain the differences between high- and low-context cultures, giving examples of each. What are the effects on the communication process? Give some examples of cultural differences in the interpretation of body language. What is the role of such no..
compare and contrast the differences and similarities between cpm and pert. support your position with one 1 real-world
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