Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Management Theories Expert

Question: An investor brought suit against an architect after the investor lost $600,000 in a failed project. To develop the project, a real estate empire in Chicago, an LLC, the Burnham Station, was created by JDL. The investor arranged to buy shares of Burnham that totaled $600,000. JDL managed the Burnham Station. JDL hired an architectural firm called Tigerman McCurry Architects (TMA) to develop the real estate.

After the investor fi led suit to recover the money he had lost in the project, TMA claimed that the investor could not fi le that suit because the contract at issue was between TMA and JDL. TMA claimed that Burnham was never envisioned as a third party or beneficiary of the contract. If Burnham was not included in the written contract but was involved with JDL and Burnham's money was lost in the project, does this mean the investor is automatically a third party to the contract? How did the court decide?

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M92483934
  • Price:- $15

Priced at Now at $15, Verified Solution

Have any Question?


Related Questions in Management Theories

Assessment descriptionyou are required to read the

Assessment Description You are required to read the following journal article article: 1. How Risky is Your Company? HBR. May-June 1999 You are also required to read a fictional case study based on a company that will be ...

Final reflection-preparing for final assignmentthroughout

Final Reflection- Preparing for Final Assignment: Throughout the course, numerous topics on healthcare management have been discussed. Reflecting on the different discussions, readings, assignments, and your previous cou ...

Question - choose a product or technology interview five

Question - Choose a product or technology. Interview five consumers who buy that product and ask them what major problems they have with the product (or what major things they dislike about it). Then ask them to describe ...

Fully answer the assigned questions in narrative third

Fully answer the assigned questions in narrative, third person format. The paper consist of 1200 WORDS. Also, include at least three (3) scholarly sources in your responses. Paper must be completed in APA format. NO PLAG ...

Discussion please locate one peer-reviewed journal

Discussion : Please locate one peer-reviewed journal (Scholarly Journal Article) related to the topic: Strategic Communication for Business and the Employee. This assignment must a professionally designed PowerPoint Pres ...

Show your work i already have my own answer and am trying

Show your work! I already have my own answer, and am trying to compare for accuracy. Graph needs to be included. Most graduate schools of business require applicants for admission to take the GMAT, the Graduate Managemen ...

Foundations of complexitycomplexity theory the field of

Foundations of Complexity Complexity theory, the field of study of complex systems, is a relatively recent theory. It is a broad theory encompassing nine research traditions-an aggregation of principles, concepts, theori ...

Watch the lynda video wayne winston on analyticswrite a 4-

Watch the Lynda video, "Wayne Winston on Analytics." Write a 4- to 5-page proposal to your current or previous company's executives discussing how analytics can be used in your company to improve sales through your retai ...

Df or computer forensics cf laboratory and what actually

(DF) or computer forensics (CF) laboratory and what actually one would find in a lab. Trust me, there are many different artifacts surrounding the DF/CF lab. After you find the article, you are to write a short 1-2 repor ...

Cnsider the binomial distribution where n 11 and p

Consider the binomial distribution where n = 11 and p = 0.05. Find the mean and standard deviation of this binomial distribution. The customers at a local appliance store are polled as they leave the store. Each is asked ...

  • 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