Racer contracted in writing to drive ownerrsquos, Ask an Expert

Management Studies

Racer contracted in writing to drive Owner’s one-of-a-kind, specially designed championship race car in the Miami 500 Race on July 15 for a fee of $2500. On July 1, the race car was destroyed in an accidental fire in a storage warehouse where the race car was being stored prior to the race. Owner owns no other race cars, so Owner considered the contract discharged. Racer claimed that she is still entitled to the $2500 fee because she and Owner had a valid enforceable contract.

Compare and contrast the rights and obligations of Racer and Owner under the contract as of July 1.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91415117

Have any Question?Write your Review or question?

Related Questions in Operation Management

Office2000 produces expensive quality 2-drawer and 4-drawer

Office2000 produces expensive, quality 2-drawer and 4-drawer filing cabinets from solid oak for major corporations. A 2-drawer model utilizes 2 labor hours to produce and package for a net profit of $75. The 4-drawer mod ...

Kfc is fixing a mistake it has been making for years kfc

KFC is fixing a mistake it has been making for years KFC knows it has lost customers' trust. Now it is debuting a new programme to win Americans back. "Customers were saying, 'Your food doesn't taste the same,'" Jason Ma ...

Now that you have identified the business problem and

Now that you have identified the business problem and translated it into an analytics problem, you can now identify the data needs and acquire the data. Provide a 500-1,000 word paper that, at a minimum, identifies the d ...

To implement the toyota way in your organization pick all

To implement the Toyota way in your organization, (pick all that apply, according to Liker): A. Use Value Steam mapping for non-factory floor processes B. Let "Lean Zealots" do top-down changes to engineering processes C ...

The pi owners are having difficulty understanding the

The PI owners are having difficulty understanding the application of the Statute of Frauds to their business and have several questions about the doctrine. With Pat’s and Gale’s approval, you email the PI owners answerin ...

1 explain why a firmrsquos total return to shareholders is

1. Explain why a firm’s total return to shareholders is important to investors. 2. Write a brief description (1/2 - 1 pg) of your own beliefs about business ethics using the four building blocks. Pay particular attention ...

1 how did vwrsquos business model match its sustainability

1. How did VW’s business model match its sustainability strategy in the wake of emissions scandal? 2. Does Volkswagen has any effective Corporate Social Responsibility in place to catch emissions violations? what is it? ...

1 number crunching affects life in so many ways than people

1. Number crunching affects life in so many ways than people ever imagine. Today’s best companies are analyzing databases to provide greater insights into human behavior. Ayres pointed out that recommendations offered by ...

A company experiences annual demand of 2340 units for an

A company experiences annual demand of 2,340 units for an item that it purchases. The rate of demand per day is very stable, with very little variation from day to day. The item costs $36 when purchased in quantities les ...

Read the articles below before your response workplace

Read the articles below before your response. Workplace Pregnancy Bill Introduced Despite Opposition Pregnant Workers Fairness Act (Read Section 2.) Supporters of the Pregnancy Workplace Fairness Act say that it is a nec ...

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

Recent Questions

Ask Operation Management Expert