Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Edward purchased a stainless steel side by side KitchenAid refrigerator from Appliance Connection on credit for $2,400. The agreement required payment of 12 equal installments of $200 to avoid interest payments. After he had paid $1600, Edward missed the next monthly installment payment. Appliance Connection repossessed the refrigerator and bill Edward for the balance of the purchase price, $800. Edward claimed that the refrigerator was worth much more than the balance due and demanded tht appliance Connection sell it to wipe out the balance of the debt and to leave something for him. Appliance Connection argued that Edward had breached his contract and as such had no say in what should be done with the refrigerator. Discuss the legal responsibility of each party. Please be sure to ssupport your response with citations. Please provide analysis of the issues.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9103693

Have any Question?


Related Questions in Business Management

Discuss how does the free market economies stimulate

Discuss how does the free market economies stimulate greater economic growth, whereas state-directed economies stifle growth. Please mention references.

Culture varies by country give five of the dimensions and

Culture varies by country, Give five of the dimensions and one country that is likely to be high and one that is likely to be low for each dimension.

An array a1 n is said to have a majority element if more

An array A[1 . . . n] is said to have a majority element if more than half of its entries are the same. Given an array, the task is to design an efficient algorithm to tell whether the array has a majority element, and, ...

With respect to your use of the internet what is an example

With respect to your use of the Internet, what is an example of an exposure? An uncertainty? A missed opportunity?

What is dbms explain in detailimportance of dbms -explain

What is DBMS? Explain in detail Importance of DBMS -Explain in detail and provide examples Types of DBMS Explain in detail and providing examples -ALL Key words : Hierarchical, Network, Relational, Object Oriented Relati ...

Variablesassignments driving costschallengeactivity2131

Variables/Assignments: Driving costs challenge activity 2.13.1: Driving costs. Reset Driving is expensive. The assignment is to have a program with a car's miles/gallon and gas dollars/gallon (both floats) as input, and ...

How does the potential barriers to effective strategic

How does the potential barriers to effective strategic planning in the health care environment differ from barriers encountered in the general business world?

How ineffective communication and resource constraints can

How ineffective communication and resource constraints can impact on time-management within projects?

What tenets of the auburn creed would be attractive

What tenets of the Auburn Creed would be attractive characteristics for skills that a company would need in the future and which tenets are not current?

Questionexample of an organization that has recently

Question: Example of an organization that has recently undertaken a proactive change. How it affect company? Also example of an organization that has recently undertaken a reactive change. How it affect company?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As