ADMS 2610 Lecture Notes - Shark Fin Soup, Limited Liability Partnership

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cyancricket234

7 May 2014

School

York University

Department

Administrative Studies

Course

ADMS 2610

Professor

Robert Levine

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Document Summary

Adms 2610 sections f and a exercises part 3. Question 1: (contracts) (a) (b) (c) (d) (e) A has just offered to buy b"s boat for $ 20,000. 00. In telling a he accepts the offer, b also tells him that the boat is in great condition, something that b knows is not true. When the contract is prepared it only refers to the boat and not b"s statement. Of course, when a gets the boat, he finds it in need of substantial repairs. A wants to return the boat and get his money back. On june 1st a and b agree that a, in montreal will ship shark fins for shark fin soup to b in england at a fixed price, by august 1st. The goods are shipped from toronto on july. A now wants to know whether his obligations are at an end. On january 1st, john enters into a contract with george whereby george will renovate.

Related Questions

A man launches his boat from point A on a bank of a straight river, 4 km wide, and wants to reach point B, 2 km downstream on the opposite bank, as quickly as possible (see the figure below). He could row his boat directly across the river to point C and then run to B, or he could row directly to B, or he could row to some point D between C and B and then run to B. If he can row 6 km/h and run 8 km/h, where should he land to reach B as soon as possible? (We assume that the speed of the water is negligible compared to the speed at which the man rows.) (Hint: This question is based on EXAMPLE 4 in Section 4.7 of the textbook. However, for this question, the textbook has added a challenge which may require an unexpected solution. Look for it!)

A man launches his boat from point A on a bank of a straight river, 3 km wide, and wants to reach point B, 2 km downstream on the opposite bank, as quickly as possible (see the figure below). He could row his boat directly across the river to point C and then run to B, or he could row directly to B, or he could row to some point D between C and B and then run to B. If he can row 6 km/h and run 8 km/h, where should he land to reach B as soon as possible? (We assume that the speed of the water is negligible compared to the speed at which the man rows.) (Hint: This question is based on EXAMPLE 4 in Section 4.7 of the textbook. However, for this question, the textbook has added a challenge which may require an unexpected solution. Look for it!)

ADMS 2610 Lecture Notes - Shark Fin Soup, Limited Liability Partnership

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