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Purrfect Pets Inc. is a small company that manufactures a variety of organic products for kittens and cats.A new product, a cat sofa, was created for the dual purpose of a scratching post and place for the cat to lounge. Purrfect Pets orally agreed to purchase specially made packaging created from 100% recycled and environmentally friendly materials from Pack Green, Inc. The estimated value of the packaging for the first order was $7,500. Pack Green made a substantial number of packing cases following Purrfect Pet’s specifications. Orders for the cat sofa did not meet projections; therefore, Purrfect Pet did not need all of the packaging material ordered and refused to take delivery of anymore packaging from Pack Green. Pack Green sued for breach of contract and Purrfect Pets argued that the parties did not have a contract.
Discuss the arguments for each party and provide a potential outcome, supported with laws, cases and/or other scholarly examples.
How much would you pay for a perpetual bond that pays an annual coupon of $80 per year and yields on competing instruments are 20%? You would pay ___? If competing yields are expected to change to 12?%, what is your expected capital gain? (or loss)?
q1. how much deadweight loss does great reception causes when it restricts output and charges a price above marginal
When traveling to other countries for business, it is important to know the male/female roles in each country. Not knowing these roles could cause problems in discussions and negotiations. If you were traveling to Saudi Arabia, New Zealand, Brazil, T..
Explain how a decrease in a tax rate might decrease revenue from the tax in the short run but increase the tax revenue in the long run. Give an example of a tax that might have this property. Explain.
Illustrate what will be the short run effect of government imposition of a lump sum tax per firm equal to 170? If this tax remains
Economic theory would suggest that the profitability of an industry would be
An end-of-aisle price promotion changes the price elasticity of a good from -2 to -3. If the normal price is 10, what should the promotional price be?
In which of the following industries would you expect price collusion to be easier to maintain: mobile telephone service or fast food? Use the factors affecting ease or difficulty of effective collusion to justify your answer.
q.in the standard keynesian framework in open economy macroeconomics the supply is assumed to be perfectly elastic and
"Compensation and Government Regulations" Please respond to the following: Compare job-based pay with skill-based pay and provide an example of each. Determine which pay you would prefer. Support your decision. Determine how government regulations af..
Illustrate what ranges of the money growth rate (assuming positive values) would allow the Bank of Korea to achieve this objective.
Coke also Pepsi have their market dominance for nearly a century. General Motors also Ford have been hard hit by competition.
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