QI: CASE Mary, 87-year-old woman, is in the front garden of her old weatherboard home. Duncan,...
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QI: CASE Mary, 87-year-old woman, is in the front garden of her old weatherboard home. Duncan, a big man, parks his motorbike outside her garden and strikes up a conversation with Mary He told Mary that: "I am a licensed painter and I could paint the exterior of your house for a good price- $5000". Mary obviously felt intimidated by Duncan and hastily agreed. The next day Duncan arrived and over the next two days painted her house. During this time Mary discovered from her daughter's inquiries that there are competitive quotes for the painting work, the going rate for painting her house was about $3000. Her daughter also discovered that Duncan's registration as a licensed painter had lapsed two weeks ago because he had forgotten to pay the renewal fee. The job is now complete and Duncan has asked Mary for $5000. What are the problems that surfaced after the contract (5) marks) Is Mary contractually obligated to pay Duncan the $5000? Support your answer with at least 2 reasons. (5 marks) Q2. Scenario on Buyer's breach (10 marks) Direction: Respond to the following questions with your personal insights, relate the concepts in Business laws, and answer the following questions. You have ordered expensive Bisazza marble for your new house. After giving 50% advance you realized that you can get cheaper materials from another person. The materials are packed and about to be delivered, but you don't want to pay balance. Analyze buyer's breach from the above case. (5 marks) How the seller will protect himself as the materials are packed. (5 marks) Q3. Scenario on Seller's breach (10 marks) You have ordered designer outfit of 800 bd. The seller has shown fake pictures, fake tracking sheet. When you received the material, you realize the outfit is very poor quality and 1/10 of the price. Analyze seller's breach from the above case. (5 marks) How the buyer(you) will protect yourself? 5 marks) Q4. Prepare a short presentation of a leading company based on the business problem and in the process of a minitrial. Describe minitrial. (2 marks) Prepare a shortened presentation by the executive about the positive side of the company, (5 marks) pay balance. you a) Analyze buyer's breach from the above case. (5 marks) b) How the seller will protect himself as the materials are packed. (5 marks) Q3. Scenario on Seller's breach (10 marks) You have ordered designer outfit of 800 bd. The seller has shown fake pictures, fake tracking sheet. When you received the material, you realize the outfit is very poor quality and 1/10th of the price. a) Analyze seller's breach from the above case. (5 marks) b) How the buyer(you) will protect yourself? 5 marks) Q4. Prepare a short presentation of a leading company based on the business problem and in the process of a minitrial. a) Describe minitrial. (2 marks) b) Prepare a shortened presentation by the executive about the positive side of the company. (5 marks) c) Explain summary trial of the above case. (3 marks) QI: CASE Mary, 87-year-old woman, is in the front garden of her old weatherboard home. Duncan, a big man, parks his motorbike outside her garden and strikes up a conversation with Mary He told Mary that: "I am a licensed painter and I could paint the exterior of your house for a good price- $5000". Mary obviously felt intimidated by Duncan and hastily agreed. The next day Duncan arrived and over the next two days painted her house. During this time Mary discovered from her daughter's inquiries that there are competitive quotes for the painting work, the going rate for painting her house was about $3000. Her daughter also discovered that Duncan's registration as a licensed painter had lapsed two weeks ago because he had forgotten to pay the renewal fee. The job is now complete and Duncan has asked Mary for $5000. What are the problems that surfaced after the contract (5) marks) Is Mary contractually obligated to pay Duncan the $5000? Support your answer with at least 2 reasons. (5 marks) Q2. Scenario on Buyer's breach (10 marks) Direction: Respond to the following questions with your personal insights, relate the concepts in Business laws, and answer the following questions. You have ordered expensive Bisazza marble for your new house. After giving 50% advance you realized that you can get cheaper materials from another person. The materials are packed and about to be delivered, but you don't want to pay balance. Analyze buyer's breach from the above case. (5 marks) How the seller will protect himself as the materials are packed. (5 marks) Q3. Scenario on Seller's breach (10 marks) You have ordered designer outfit of 800 bd. The seller has shown fake pictures, fake tracking sheet. When you received the material, you realize the outfit is very poor quality and 1/10 of the price. Analyze seller's breach from the above case. (5 marks) How the buyer(you) will protect yourself? 5 marks) Q4. Prepare a short presentation of a leading company based on the business problem and in the process of a minitrial. Describe minitrial. (2 marks) Prepare a shortened presentation by the executive about the positive side of the company, (5 marks) pay balance. you a) Analyze buyer's breach from the above case. (5 marks) b) How the seller will protect himself as the materials are packed. (5 marks) Q3. Scenario on Seller's breach (10 marks) You have ordered designer outfit of 800 bd. The seller has shown fake pictures, fake tracking sheet. When you received the material, you realize the outfit is very poor quality and 1/10th of the price. a) Analyze seller's breach from the above case. (5 marks) b) How the buyer(you) will protect yourself? 5 marks) Q4. Prepare a short presentation of a leading company based on the business problem and in the process of a minitrial. a) Describe minitrial. (2 marks) b) Prepare a shortened presentation by the executive about the positive side of the company. (5 marks) c) Explain summary trial of the above case. (3 marks)
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Related Book For
Accounting Information Systems
ISBN: 978-0133428537
13th edition
Authors: Marshall B. Romney, Paul J. Steinbart
Posted Date:
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