Ask Question
BusinessBusiness
11 March, 07:41

Meatpackers, Inc., enters into a contract with Nemiah's Ranch for the delivery of a certain number of beef cattle on a set schedule. Nemiah's delays the first delivery for five days, aware that Meatpackers loses a certain percentage of profit each day. An award to Meatpackers of consequential damages would

+4
Answers (1)
  1. 11 March, 08:05
    0
    provide Meatpackers with funds for a foreseeable loss beyond the contract.

    Explanation:

    Meatpackers lose a few percent each day as a result of the delay. Ideally, meatpackers would be awarded an award of consequential loss, which would fund meatpackers with a loss beyond the contract with the meatpackers. so here Nemiah's failure to deliver on contract time is not only a matter of time for meatpackers, but as a result, they are losing money in terms of money affecting their business beyond the contract horizon.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Meatpackers, Inc., enters into a contract with Nemiah's Ranch for the delivery of a certain number of beef cattle on a set schedule. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
U. S. GDPa. includes production of foreigners working in the U. S. but excludes production by U. S. residents working in foreign countries. b. excludes production of foreigners working in the U. S. and production by U. S.
Answers (1)
49) Companies using lean systems generally have: a. suppliers who are low-cost producers. b. suppliers that are willing to accept short-term contracts. c. suppliers that are located nearby to decrease delivery lead time. d.
Answers (1)
What is the most important thing to remember when writing a draft? a. use the spelling and grammar checkers. b. write in phrases, not in sentences. c. write quickly without over thinking. d. look for mistakes in subject-verb agreement.
Answers (2)
The management department at the university decides to add a new program in restaurant, hotel, and institutional management.
Answers (2)
How important is it to you to produce error free work? very important important somewhat important unimportant very unimportant?
Answers (1)
New Questions in Business
Silver Trading Corp. recorded a net income of $200,000 for the year 2021. For the same period, the company purchased land for $150,000. It sold some of its long term investments for $50,000 during the period.
Answers (1)
What is the term that refers to a form of wealth that can be stored for the future?
Answers (1)
NewLinePhone Corp. is very risky, with a beta equal to 2.8 and a standard deviation of returns of 32%. The risk-free rate of return is 3% and the return on the market is 11%. NewLinePhone's marginal tax rate is 35%.
Answers (1)
Which of the following is a drawback of setting pay rates based strictly on a pay policy line? A. It increases the administrative burden of managing the compensation system. B. Employees have difficulty interpreting regression analysis. C.
Answers (1)
Long-lived assets are: a) non-operating assets expected to yield their economic benefits (or service potential) over a period longer than one year.
Answers (1)
Home » Business » Meatpackers, Inc., enters into a contract with Nemiah's Ranch for the delivery of a certain number of beef cattle on a set schedule.
Sign Up Forgot Password?