Reference no: EM132219566
1. Southeastern Oklahoma State University’s business program has the facilities and faculty to handle an enrollment of 2,000 new students per semester. However, in an effort to limit class sizes to a “reasonable” level (under 200, generally), Southeastern’s dean, Holly Lutze, placed a ceiling on enrollment of 1,550 new students. Although there was ample demand for business courses last semester, conflicting schedules allowed only 1,475 new students to take business courses. What are the utilization and efficiency of this system? Show all work/steps
2. Betty promises to give $5,000 for the construction of SafeHouse, a local charity, and is publicly honored as a "golden" donor of SafeHouse, by putting her name on the "Wall of Honor." Betty later does not pay the $50,000. Discuss the ways in which SafeHouse may legally collect the $5,000 from Betty.
3. Sally, an executive of ABCandy, writes a letter dated March 1 to Canterberry, Inc. offering to sell candy to Canterberry, Inc at $50 per case for the next thirty days. Canterberry, Inc then contracts with local retailers based on the offer from ABCandy. Ten days later, ABCandy receives an offer from Poopsie's Stores, Inc. to purchase this same candy at a price of $75 per case. Can ABCandy withdraw its offer to Canterberry, Inc? Note that both ABCandy and Canterberry, Inc are merchants