After completing your readings, you should have an understanding of the factors that are utilized to determine when a contract is completed, and what the remedies are for failure to complete a contract. Consider again the scenario posed in the overview. After reading the scenario (replicated below), please answer each of the questions following it as completely as possible. The Smiths decided to contract with Porches-R-Us to build a new front porch on their house. The Smiths asked them to use an oak railing; however Porches-R-Us used an ash railing. The Smiths may argue that they should have specific performance, in that they should receive the oak railing. Porches-R-Us may counter argue that they substantially performed because they look and function similarly.1. Was there a material breach of this contract? Use the seven factors that you reviewed in your learning materials to guide your analysis.2.When is specific performance available in the event of a breach of contract?3. What is the purpose of the doctrine of substantial performance? Does it apply in the above scenario?4. What if the builder changed the wood to oak rather than ash as it could no longer obtain ash would due to the outbreak of the Ash borer disease in trees? Does that change your analysis at all?

James sebenius, in his harvard business review article: six habits of merely effective negotiators, identifies six mistakes that negotiators make that keep them from solving the right problem. identify which mistake is being described. striving for a “win-win” agreement results in differences being overlooked that may result in joint gains.

rural residential development company and suburban real estate corporation form a joint stock company. the longest duration a joint stock company can be formed for is

Sweeten company had no jobs in progress at the beginning of march and no beginning inventories. the company has two manufacturing departments--molding and fabrication. it started, completed, and sold only two jobs during march—job p and job q. the following additional information is available for the company as a whole and for jobs p and q (all data and questions relate to the month of march): molding fabrication total estimated total machine-hours used 2,500 1,500 4,000 estimated total fixed manufacturing overhead $ 10,000 $ 15,000 $ 25,000 estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20 job p job q direct materials $ 13,000 $ 8,000 direct labor cost $ 21,000 $ 7,500 actual machine-hours used: molding 1,700 800 fabrication 600 900 total 2,300 1,700 sweeten company had no underapplied or overapplied manufacturing overhead costs during the month. required: for questions 1-8, assume that sweeten company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. for questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 1. what was the company’s plantwide predetermined overhead rate? (round your answer to 2 decimal places.) next