Who will prevail in the given condition and why

Assignment Help Management Theories
Reference no: EM131386536

In September, Auburn Plastics submitted price quotations to CBS for the manufacture of eight cavity molds to be used in making parts for CBS's toys.

Each quotation specified that the offer would not be binding unless accepted within fifteen days. Furthermore, CBS would be subject to an additional 30 percent charge for engineering services upon delivery of the molds.

In December and January of the following year, CBS sent detailed purchase orders to Auburn Plastics for cavity molds. The purchase order forms stated that CBS reserved the right to remove the molds from Auburn Plastics without an additional or ‘‘withdrawal'' charge. Auburn Plastics acknowledged the purchase order and stated that the sale would be subject to all conditions contained in the price quotation.

CBS paid Auburn for the molds, and Auburn began to fabricate toy parts from the molds for CBS. Later, Auburn announced a price increase, and CBS demanded delivery of the molds.

Auburn refused to deliver the molds unless CBS paid the additional charge for engineering services. CBS claimed that the contract did not provide for a withdrawal charge. Who will prevail? Why?

Reference no: EM131386536

Questions Cloud

Overview of the continuous improvement plan : PPMP20009 Practical Assessment - Continuous Improvement. A pictorial illustration of the continuous improvement plan is supplied? A high-level textural overview of the continuous improvement plan is provided
Evaluate a budgeting system at any governmental level : Analyze basic skills and tools needed for budgeting for public sector agencies and / or departments. Recommend appropriate policy actions based on the evaluation. Evaluate a budgeting system at any governmental level.
Monopolist can discriminate across the two markets : There are two markets with inverse demand in market one as P_1 = 20 – Q_1 and in market 2 as P_2= 12 – Q_2. The firm’s cost is 2?(Q_1 + Q_2). Find the profit maximizing levels of Q_1 and Q_2 when the monopolist can discriminate across the two markets..
How do free trade agreements benefit a country : In general, how do free trade agreements benefit a country? What are the drawbacks to these agreements? Identify a typical individual in the United States who stands to gain from a free trade agreement and explain your rationale for why this individu..
Who will prevail in the given condition and why : Auburn refused to deliver the molds unless CBS paid the additional charge for engineering services. CBS claimed that the contract did not provide for a withdrawal charge. Who will prevail? Why?
Forward resolution and reverse resolution : What is the difference between forward resolution and reverse resolution? When is it better to use reverse resolution?
Determine the firm supply curve : Suppose that the manager of a firm operating in a perfectly competitive firm has estimated the firm’s AVC function to be: Determine the firm’s supply curve. What should be the industry price for the firm to produce 400 units of output in each period?
Hackers-operation get rich or die tryin : Research the group members identified in the video "Hackers: Operation Get Rich or Die Tryin'"-Albert Gonzalez, Stephen Watt, Damon Patrick Toey, Humza Zaman, and Christopher Scott. Pick a member of the gang and describe his motivation when he sta..
Should despero remain in market in long term at that price : A.Despero Inc. has a production cost function described by C(q)=250+40/q+20q, and an associated marginal cost function of MC(q)=20-40/q^2. Currently, the price of the Despero product is $10 per unit. How much Despero Inc. should produce if it chooses..

Reviews

Write a Review

Management Theories Questions & Answers

  Learning in action

Learning contract proposal that will form the basis of your learning contract report.

  Change is the only constant

"Change is the only constant " Evaluate the different types of change that have occurred in Sony.

  How do advertisers try to use group influence

How do advertisers try to use group influence?  Will you find any specific examples and explain the relevant theory of group behavior and influence?

  Case study:saving sony

You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.

  How the stock market works

The purpose of this project is to help you to gain an understanding of how the stock market works and of the relationship between theory and practice.

  Find the optimal production quantities

Find not only the optimal production quantities, but also the optimal total cost.

  Describe the management process

Describe the management process and identify the skills required to manage business organizations.

  Case study : bert''s bonsai and aquatic sport museum

Case Study : Bert's Bonsai and Aquatic Sport Museum Prepare a knowledge management system.

  Knowledge management techniques

Demonstrate understanding of the many-sided nature of knowledge management

  Theory of transtheoretical model

Demonstrate understanding of the many-sided nature of knowledge management

  Write a paper on historical trends of management

Write a paper on Historical Trends of Management.

  Theory of reasoned action

Theory of Planned Behavior and Integrated Behaviors Model

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd