subject
Business , 22.06.2019 07:50 ShawnSaviro4918

In december of 2004, the company you own entered into a 20-year contract with a grain supplier for daily deliveries of grain to its hot dog bun manufacturing facility. the contract called for "10,000 pounds of grain" to be delivered to the facility at the price of $100,000 per day. until february 2017, the supplier provided processed grain which could easily be used in your manufacturing process. however, no longer wanting to absorb the cost of having the grain processed, the supplier began delivering whole grain. the supplier is arguing that the contract does not specify the type of grain that would be supplied and that it has not breached the contract. your company is arguing that the supplier has an onsite processing plant and processed grain was implicit to the terms of the contract. over the remaining term of the contract, reshipping and having the grain processed would cost your company approximately $10,000,000, opposed to a cost of around $1,000,000 to the supplier. after speaking with in-house counsel, it was estimated that litigation would cost the company several million dollars and last for years. weighing the costs of litigation, along with possible ambiguity in the contract, what are three options you could take to resolve the dispute? which would be the best option for your business and why?

ansver
Answers: 2
Show answers

Another question on Business

question
Business, 22.06.2019 05:30
The struter partnership has total partners’ equity of $510,000, which is made up of main, capital, $400,000, and frist, capital, $110,000. the partners share net income and loss in a ratio of 80% to main and 20% to frist. on november 1, adison is admitted to the partnership and given a 15% interest in equity and a 15% share in any income and loss. prepare journal entries to record the admission of adison for a 15% interest in the equity and a 15% share in any income and loss under the following independent assumptions. (1) record the admission of adison with an investment of $90,000 for a 15% interest in the equity and a 15% share in any income and loss. (2) record the admission of adison with an investment of $120,000 for a 15% interest in the equity and a 15% share in any income and loss. (3) record the admission of adison with an investment of $80,000 for a 15% interest in the equity and a 15% share in any income and loss.
Answers: 1
Answer
question
Business, 22.06.2019 20:20
Aprocess cost system would be used for all of the following except therefining of petroleum.printing of wedding invitations.production of automobiles.manufacture of cereal.
Answers: 3
Answer
question
Business, 23.06.2019 01:40
6. why the aggregate supply curve slopes upward in the short run in the short run, the quantity of output that firms supply can deviate from the natural level of output if the actual price level in the economy deviates from the expected price level. several theories explain how this might happen. for example, the misperceptions theory asserts that changes in the price level can temporarily mislead firms about what is happening to their output prices. consider a soybean farmer who expects a price level of 100 in the coming year. if the actual price level turns out to be 90, soybean prices will , and if the farmer mistakenly assumes that the price of soybeans declined relative to other prices of goods and services, she will respond by the quantity of soybeans supplied. if other producers in this economy mistake changes in the price level for changes in their relative prices, the unexpected decrease in the price level causes the quantity of output supplied to the natural level of output in the short run.
Answers: 3
Answer
question
Business, 23.06.2019 02:00
Opportunity cost is calculated by which of the following? a. adding the value of all lost opportunities. b. subtracting all costs from the total benefit. c. calculating the cost of time, energy, and sacrifice. d. finding the value of the best option that is not chosen.
Answers: 1
Answer
You know the right answer?
In december of 2004, the company you own entered into a 20-year contract with a grain supplier for d...
Questions
question
Health, 10.12.2020 01:00
Explain why farmers who sell international crops would avoid raising GMO and non-GMO crops on the same property....
question
Chemistry, 10.12.2020 01:00
Algebra 1 solve for x...
question
English, 10.12.2020 01:00
Based on what you know about America in the 1700s, how would colonists react to Jonathan Edwards’s "Sinners in the Hands of an Angry God"? Would they...
question
Mathematics, 10.12.2020 01:00
Lets talk join my zoom 844-2967-4211 password is x0wG83 your cameras can be on and you can unmute...
question
English, 10.12.2020 01:00
“Luck” by Mark Twain and the NPR article “At the Head of Her Class and Homeless” similar?...
question
Mathematics, 10.12.2020 01:00
Pablo is studying the function f(x) shown in the graph...
question
History, 10.12.2020 01:00
Which statement best describes the Harlem renaissance of the 1920s?...
question
Spanish, 10.12.2020 01:00
Choose the correct translation the following time1:00...
question
English, 10.12.2020 01:00
Group to talk...
question
Health, 10.12.2020 01:00
Explain the best way to maintain a balanced diet and healthy lifestyle according to dietary guidelines....
question
Health, 10.12.2020 01:00
Provide an example of a change that, if it had occurred on Easter Island, might have resulted in a different outcome in terms of the sustainability of...
question
Mathematics, 10.12.2020 01:00
Y=-4x+y=6 and -5x-y=21...
question
Mathematics, 10.12.2020 01:00
Can someone please help me with these? ...
question
English, 10.12.2020 01:00
In the first section, how does the author define musical copyright infringement? A:by comparing and contrasting plagiarism to samplingB:b...
question
History, 10.12.2020 01:00
How did a Legalist government make Qin Shi Huangdi a strong leader?...
question
Advanced Placement (AP), 10.12.2020 01:00
Describe the physiological process of hunger. Include a discussion about glucose, the hypothalamus, set point, ghrelin/leptin, and basal metabolic rat...
question
Spanish, 10.12.2020 01:00
Please fill in the blanks to this Spanish 3 Work. I made it extra points and ill reward brainliest. Im in dire need
question
Physics, 10.12.2020 01:00
Breaking a pencil in half is an example of: options: A. nuclear change B. physical change C. chemical change...
question
Mathematics, 10.12.2020 01:00
What is the value of the expression All of 2.6 multiplied by 10 to the power 9 over all of 1.3 multiplied by 10 to the power 2? 1.3 × 107 2.0 ×...
question
Mathematics, 10.12.2020 01:00
Which values are possible rational roots of 4x^3+9x^2-x+10=0 according to the rational tooth theorem? Select each correct answer. A. +-2...
Questions on the website: 13983999