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Jack Homeowner lives in the State of Florida and due to a reduction in his household income, he let his self-placed homeowners insurance policy lapse. His mortgage company, Bank of America (a Delaware corporation), force-placed insurance as allowed by the mortgage contract. Jack finds out that this has happened to many other Florida homeowners who have mortgages with Bank of America. Jack and his fellow homeowners discover that all of the force-placed insurance policies were provided by Big Insurance Company and that illegal kickbacks and commissions may have been provided to Bank of America in return for using Big Insurance Company as the provider for the force-placed policies. Jack knows of many such cases and comes to see your supervising attorney to find out if there is a potential class action lawsuit against Bank of America and Big Insurance Company for unjust enrichment and the breach of the covenant of good faith and fair dealing. All of the potential Plaintiffs are residents of the State of Florida and all were charged premiums for force-placed insurance within the applicable statute of limitations.
Does the Plaintiffs meet all of the requirements for filing a class action lawsuit? Who or why not?
Moon Micro is a small make- to order manufacturer of servers that currently builds its entire product in Santa Clara, California. The current demand and capacity are 10,000 servers per year. The annualized fixed cost is $15,000,000. As the market for..
Your goal is to create a design for a software interface. You will experience the scope of the design process from brainstorming ideas and gathering information about users' needs to storyboarding, prototyping, and finally, testing and refinin..
Ling suggests that superior S&OP planning can provide a firm with a competitive advantage. Do you agree? Can you think of any organizations that might benefit from better sales and operations planning?
If businesses claim to have no extra-legal obligations, how can they claim the right to influence law and regulation?
Using a 4.5% discount rate, calculate the Net Present Value, Payback, Profitability Index, and IRR for each of the investment projects below (note, the inflows are for each year). what are your recommendations for the above problem? Explain.
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A firm is selling two products, chairs and bar stools, each at $60 per unit. Chairs have a variable cost of $30, and bar stools $25. Fixed cost for the firm is $21,000. If the sales mix changes to 1:4 (one chair sold for every four bar stools sold),..
Describe Alan's leadership style during the flood, and evaluate how appropriate it was for the leadership situation.
Explain the importance of training objectives within a human resource development training program, along with their relationship to the training methods chosen to deliver the training. Then create two training objectives that you would propose that ..
How many units of the part are held, on average, as mower inventory? What is its value?
Discuss the process your CLC team went through to assess your team’s project proposals, prioritize them, and select the first project to be undertaken by your retail store. What challenges did you have, if any? What worked well? What are your team pl..
Now that you have learned much about the pros and cons of unions, what direction should US labor unions should take in the future? What direction should employers take in the future regarding unions? Labor Relation
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