Ask Business Management Expert

Ron operates a garbage pickup business. He contracts to pick up garbage from an apartment complex for the next 52 weeks at a price of $150 per week. Unexpectedly, the landfill center where Ron takes the garbage to dispose of it, files for bankruptcy. As a result, Ron must travel an additional 100 miles to the nearest landfill center, turning Ron's expected profit into a loss of $40 per week. Ron's best argument in support of his petition to be discharged from the contract is:

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M998368

Have any Question?


Related Questions in Business Management

Why is confirmation bias important to think about as a

Why is confirmation bias important to think about as a manager?

There are many different types of teamsgroups pick one type

There are many different types of teams/groups. Pick one type that you have been involved in and describe the team/group and your experience within it. Discuss the various dynamics based on the new knowledge you gained t ...

During jimmy carters presidency increases in the consumer

During Jimmy Carter's presidency, increases in the Consumer Price Index (CPI) reached double digits. In order to combat this problem, the Carter administration launched a Wage-Price Guidelines program in which businesses ...

What are some attributes of an effective leadership

What are some attributes of an effective leadership system?

What type of jobsorganizations naturally fall under an

What type of jobs/organizations naturally fall under an egalitarian philosophy? Which ones may struggle with this? Is there a substitute for egalitarianism that can get some of the effect for those organizations that don ...

Nordstrom inc is a seattle-based department store rivaling

Nordstrom Inc. is a Seattle-based department store rivaling the likes of Saks Fifth Avenue, Neiman Marcus, and Bloomingdale's. Nordstrom is a Hall of Fame member of  Fortune  magazine's "100 Best Companies to Work For" l ...

Distinguish between secondary and primary methods of data

Distinguish between secondary and primary methods of data collection. Is it possible to use secondary data methods as substitutes of primary methods? Justify the answer with suitable illustrations and using data from dif ...

The authors distinguish between controllable and

The authors distinguish between controllable and uncontrollable factors that influence the demand for a product. One of the controllable factors on their list is advertising --- do you agree with this classification? Com ...

Discuss the issues surrounding the profitability of slavery

Discuss the issues surrounding the profitability of slavery and the likelihood of its future profitability in the near term as well as the long run (today).

How do you evaluate the implementation of the strategic

How do you evaluate the implementation of the strategic plan? Please, explain.

  • 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