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Liquidated Damages. Carnack contracts to sell his house and lot to Willard for $100,000. The terms of the contract call for Willard to make a deposit of 10 percent of the purchase price as a down payment. The terms further stipulate that if the buyer breaches the contract, Carnack will retain the deposit as liquidated damages. Willard makes the deposit, but because her expected financing of the $90,000 balance falls through, she breaches the contract. Two weeks later, Carnack sells the house and lot to Balkova for $105,000. Willard demands her $10,000 back, but Carnack refuses, claiming that Willard’s breach and the contract terms entitle him to keep the deposit. Is this true? Why or why not?
A television manufacturer would like to reduce its inventory. To this end, you are asked by the operations manager to assess its inventory level. You have the following information on average inventories from last year's financial statement: What is ..
Discuss the reasons why new brands with a smaller market share spend proportionately more on advertising than brands with a larger market share. What is an advertising appeal? Give some examples of advertising appeals you have observed recently in th..
Explain the First Mover Advantage and the six modes of entry into foreign markets. Identify a foreign market that you will be entering.
What is an employers experience rating system and how is this rating used in determining the contributions to state unemployment compensation?
Explain how health care organizations use secondary data as a comparison to internal data.
What is the EOQ? What are the total annual costs of holding and ordering (managing) this inventory? How many orders should Discount-Mart place with Specialty Lighting per year?
Assume your organization is expanding and wants to open a sales office overseas. What factors would affect compensation and benefits.
How can a company assess the person-work environment fit for individuals applying for jobs with your organization and others?
Preparing the sales presentation objectives. Preparing a presentation plan that is needed to meet these objectives.
Propose effective communication techniques for the different personality types. Use relevant research to back up your points.
State what the ad is promoting and discuss if it focuses on emotional appeals, logical appeals, or character-based appeals?
Great insights and examples where intuition plays a role in the decision-making process! One's intuition can influence a decision when data is not readily available, especially with situations of uncertainty. Class, what about sharing one's intuition..
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