Distinguish between the concepts of frustration of purpose, commercial impracticability, and impossibility.
Instructions
COVID-19 has changed our daily lives in many ways. The measures that governments have taken to slow the spread of this virus have been unexpected and unprecedented. Restaurants had to stop serving dine-in customers. This loss of revenue resulted in local restaurants and even nationwide chains like Cheesecake Factory to notify landlords that rent would not be paid. The travel industry has also been affected with canceled flights and cruises. Many concerts and sporting events have also been canceled. In some cases, a sporting event will be held but without spectators and the revenue they bring.
In some instances, discharge from contractual responsibilities is obvious. If you purchased a vacation on a cruise ship and the cruise company cancels the sailing, they owe you a refund and the contract is discharged. Other situations are not as simple. Suppose you own a graphics design company, BIG Designs, that designs and installs advertisements and billboards. Back in January 2020, you were very excited to sign a $10,000 contract with the city to publicize a series of concerts in the parks. The ads and billboards would be installed in March to advertise the start of the concert series in April so BIG Designs started working on designs right away. By March, your designs were finished. However, when you contacted the city for final approval of the designs, the city informed you that the concert series was canceled because the state government ordered that gatherings in public must be limited to 10 people or less. In an essay of at least 500 words answer the following questions. This word count does not include citations to your sources in APA format. Citations are required if you use sources in your writing. Without citations and appropriate attribution of quotations and other information, I will consider your work to be in violation of the CPCC student academic integrity policy. You will receive a zero for the assignment and possibly additional disciplinary action.
Explain the concepts of frustration of purpose, commercial impracticability, and impossibility. In particular, explain how they differ and whether they result in discharge of contractual responsibilities.
Assume BIG Designs has not yet been paid and that no signs or billboards have been fabricated yet. Does the city still owe BIG Designs a payment for advertisements that cannot be used? If so, how much is owed? Using the concepts in #1, explain your reasoning.
QUESTION 30 cocur when pamall change in demand by consumers had a big effect itinhigh the chain of boalnesses hunt hippy al of the goods and serous that prochkent jon darand Canric demand Falling don and QUESTION 31 According to Maddow's hierarchy at nerds a perten atits off in life testing that they have become the person they ware mead told. D'a peron frit wants to satily the need to get a date. Chip her leve reed 'are mer ation but noods are fulfilled the need for elect metbe tom the need safety Outhereed for shelter I met aher social poos QUESTION 32 Asnumeral factor that a dest people . buying behasduris ring onurg's todal dans Some comure's perceptionQUESTION 35 An individual's disposition as other people see it is known as O personality O self-concept O ideal self psychographics O motivation QUESTION 36 A consumer's involves how one spends his/her time. motivation personality lifestyle self-concept personal goals QUESTION 37 Advertising meant to startle people to get their attention is while advertising that is not apparent to consumers is O selective advertising; selective retention selective retention; selective advertising subliminal advertising; shock advertising O shock advertising; subliminal advertising O overt advertising; subdued advertisingThe purpose of this exercise is to discuss the situation facing a manager and help her determine how many servers to use and what the characteristics of the system will be. Endeavor Communications, a long distance provider, is reevaluating its account management department for handling customer service questions and requests. During the 6:00 pm to 10:00pm time period, past data hat calls to the account management department occur at an average rate of one call every 6.5 minutes. A study of past service times indicate that the average time to process a caller's question/request is 4.3 minutes. Like other phone systems, when a call comes in and all the servers are busy, the caller hears a message telling them to hold until the next server is available Top management at Endeavor Communications understands that the staffing decision involves the analysis of trade-offs. Increasing the number of servers will reduce the waiting times and increase the probability of immediate service at a higher cost with more idle time for the servers. Management has decided that the GOAL of the account management department is to immediately answer and service at least 90% of the incoming calls during the busiest time period of 6:00 to 10:00pm. They have asked you to determine the staffing level that will help them meet this goal. Also, they'd like you to provide your own recommendations. 1. What are the arrival and service rates in Calls per MINUTE? Use the spreadsheet to calculate these: A. (calls per minute) = (calls per minute) = 2. Since you are not required to perform the calculations in the case of multiple servers, you are provided with these results in the table that follows. You DO need to determine the information for the case of one server and RHO for 2 and 3 servers, Please fill in the chart below based on the numbers you calculate using your EXCEL FILE which can be found under LabEx Files on the course webpage. USE THREE DECIMAL PLACES IN ALL PROBABILITIES Servers 2 3 % Time Server Busy (rho) Probability of 0.503 0.515 0.333 0.341 0.110 JAWN-O 0.113 0.036 0.025 0.012 0.005 0.0003 0.001 0.00003 0.0003 In the system CUSTOMERS CUSTOMERS CUSTOMERS Number in System n(s) 0.74 0.67 Number in Line n(0) 0.08 0.01 TIME (Minutes) TIME (Minutes) TIME (Minutes) Time in System t(s) 4.83 4.36 Time in Line t() 0.53 0.06 TIME (Seconds) TIME (Seconds) TIME (Seconds) Time in System ((s) 289.7 261.5 Time in Line t() 31.7 3.5 These may be helpful----ONE SERVER FORMULAS: Pa = (1-p)p P. Vu ns= 2/(p=1) ni= p[2/ (H-X)]= phs ts = 1/ (H-1) to= p[1/ (H-X)]=ptsQuestion Completion Status: QUESTION 34 Social justice has to do with how business treats O A. customers O B. the public O C. both QUESTION 35 Truth telling obligations in business_apply to advertising. O A. do not O B.do O C might QUESTION 36 Philosophical arguments against suicide include A religious reasons B, justice reasons Call of these QUESTION 37 A morally significant reason for war is O A overpopulation O L. economic gain C. the just war QUESTION 38 Terrorism is war A against civilians by non-state agents O B. war against non-religious civilians by rebpious groups O C. an expression of anger by the "third world" at the "first world"Ashley's company makes office equipment for both personal home use and office use. Her company spends much more money on advertising in the B2C part of her business rather than the B28 part of the business. Why? A. Publicity is the most effective advertising technique in B2B markets B. B28 marketing is too expensive to use advertising OC. B2B marketing usually involves more personal selling D. B28 markets are too heterogeneous to use advertising OE. Business consumers are more critical of advertising, so it doesn't work as well QUESTION 14 When starting to plan his company's advertising campaign, Haoran first asked, "What appeal should we use?". Why is this a bad first question? A He hasn't determined his target audience O B. He hasn't determined which media he will use C. He hasn't asked which resources he has, such as actors and film equipment O D. Appeals are only used in social media marketing, not in advertising