Explain the nature and importance of a job cost sheet

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Part I: As people spend more and more time online, Click-to-Accept agreements have become increasingly common. Do people really read these types of agreements? Is it fair to hold consumers to these terms? Find an example of a case where a court did not enforce one of these provisions and explain the result.

Part II: Provide and discuss an example of a situation where a company would use a job cost sheet. As part of your analysis, be sure to explain the nature and importance of a job cost sheet.

Part III: Haply Inc. contracts with Barksdale LLC to have an engine repaired. After much negotiation, the parties agree that the pump will be repaired and reinstalled at Haply's facilities in 5 days. Haply plans on losing $40,000 a day for each day the engine is not delivered after the five-day window (this is the cost for a replacement engine).

Haply talks Barksdale's representatives that if the engine is not repaired on time that bad press will cause Haply to lose a client's business totaling $3,000,000. Barksdale does not complete the contract until day 7.

It cost Haply $500 to secure the delivery of a replacement engine. The actual rental of the replacement engine cost $40,000 a day. And Haply lost the business of a client totaling $3,000,000. Haply sues Barksdale for incidental, consequential and compensatory damages. The court finds that there is a breach of contract. What are the consequential, incidental, and compensatory damages that Barksdale is liable for in this case? Be sure to define each of those terms.

Reference no: EM13779443

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