Samoto Limited (SL) relies on an external supplier for production capacity. In order access to a certain level of production capacity, SL will have to commit to an annual before the start of the operating period. The contract will stipulate the production c entitlement of SL. SL has a choice of three contracts: Contract Mega, Contract Upp Contract Soso. Regardless of the choice of contract, the company will be subject to thre of nature: high demand, medium demand and low demand. The net profits generated by the contracts under the three states of nature are as follows:
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- Question 1 Read the following extract and then answer the questions below.Part A Mr. Baeti has been engaged by Local Enterprise Authority (LEA) as a consultant. He is tasked to carry out a workshop for LEA beneficiaries and the objectives of the workshop is to teach or equip members with knowledge how the contract of Agency can be authorised in order for it to be in place. The reason for this is that LEA members are struggling to reach out to their customers and grow their business. Mr. Baeti wants to teach the members about the various sources of authority that may lead to the existence of an Agency. What are those available authorities that Mr. Baeti should teach these LEA members about? In doing so and where necessary, Mr. Baeti should give examples of relevant cases to support his answer. Explain in detail what Mr. Baeti should discuss with LEA members Part B Assist Mr. Baeti to list 5 duties of an agent.QUESTION 44 Which of the following represents the basic distinction between a bilateral contract and a unilateral contract a. The rights under a bilateral contract are assignable, whereas rights under a unilateral contract are not assignable. b. Only one promise is involved ifthe contract is unilateral but two promises if the contract is bilateral. c. Specific performance is available if the contract is unilateral whereas it is not if the contract is bilateral. d. The Statue of Frauds applies to a bilateral contract but not to a unilateral contract.Identify the type of contractual clauses in the following scenarios. Q.3.4 Samantha concludes a contract with Jenna in terms of which Samantha will purchase Jenna’s house upon her death. Q.3.5 The owner of the land and the builder agree that the construction work must be complete by a certain date and if it is not complete, then the builder must pay the owner a certain amount of money per day that he is over the deadline.
- Question the national government received a grant from the who amounting to p50 million for the construction of hospitals. under the terms of the grant,the construction project shall be completed within 3 yrs from the receipt of the grant. otherwise,the money shall be returned to the grantor.the money can only be used as spitulated, and the ng is required to include a note in the financial statement detailing how the money was spent. the department of health will be the implementing entity. required:prepare the journak entries for the following: 1.Receipt of the grant. 2.Purchaae of construction materials and payment of a labor for rhe construction. 3.Receipt of the report from doh for the completion of the construction of hospitals.Situation 2: Mr. Timothy Jose is the human resource supervisor of Letra Printing Company. The credit and collection manager, Mr. Gilbeys Cruz scrutinizes the top 3 applicants. Mrs. Gina Maculangan is the top one among the applicants so she was hired for the position. Mr. Jose informed Mrs. Maculangan that she was hired. As a requirement of the company, Mrs. Maculangan must secure medical certificate and NBI clearance. Unknowingly, she is 1 month pregnant as shown in her medical certification. Mr. Jose informed Mr. Cruz that Mrs. Maculangan is pregnant. Mr. Cruz was so disappointed because it may cause delay of works if Mrs. Maculangan will take maternity leave soon. He decided to decline the hiring of Mrs. Maculangan due to her pregnancy. However, Jose didn’t agree on Mr. Cruz’s decision because the job order was already accepted by Mrs. Maculangan. Questions: How should Timothy Jose handle the problem? What do you think is the ethical and legal considerations to consider in this…Question 1The Rotary Club is holding a pizza sale to finance outreach projects. The Club made an agreement to purchase pizza from Pizza Hut at a 30% discount which the Rotary Club can then resell for a profit. It is expected that of the 500 families in the community, at most 70% will buy pizza. Based on a survey of their personal preferences, the students believe that they should orderno more than 120 cheese pizzas, no more than 150 pepperoni pizzas, and no more than 100 vegetarian pizzas. They also want to make sure that at least 20% of the total pizzas are cheese and at least 50% of the pizzas are pepperoni. The standard price (before discount) for the cheese, pepperoni and vegetarian is $12, $15 and $14, respectively. The Rotary Club makes a profit of 10%, 15% and 20%, respectively, for each cheese, pepperoni, and vegetarian pizza they resell. a) Formulate a linear programming model that would determine the optimal solution. An explanation for the derivation of EACH equation should…
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- Requirement Provide at least two (2) examples/case studies of international modes of entry utilized by multinational corporations in Japan, USA and Singapore that have succeeded or failed. The name of the multinational must be clearly stated in each example. Be sure to state the mode of entry utilized in each example in each country. Why do you think they would have succeeded or failed in each example included? Provide details on this. Ruberic Examples/case studies of international mode of entry strategies of multinational corporations in Japan, USA and Singapore that have succeeded or failedo Names of the multinationals clearly stated o Mode of entry in each case stated o Why they have failed/succeeded stated with details providedAlex owns a shop that sells customized BMX bikes. Each one is uniquely tailored to the rider. The products are unique one-offs, made by an outsourced company to individual designs agreed between Alex and a designer from the outsourced company. In WEEK 26, Alex discusses with the manufacturer a design for a new bike. Alex and the manufacturer agree on a specification and an order is placed with the manufacturer. A. Calculate how long it will take before the BMX bike is available for sale in Alex's shop. That is, what is the Lead-Time between Alex placing order with her manufacturer and being able to display the item for sale in her shop? The information you need to calculate the Lead-Time is as follows: To design the bike 2 weeks To raise the order for the parts for the bike 1week To manufacture and deliver all the parts of the bike 4 weeks To assemble the bike 2 weeks To deliver the finished product to Alex’s shop 1 week B. What will be the week number when the Bike can be…Which of the following is NOT relevant in determining the location of employment? Question 13 Answer a. The place where the services were rendered. b. The place where the employment contract was signed. c. The place where the remuneration was paid. d. The place of employer's residence.