Risk Management and Remoteness Suppose you ran a laundry service and had just received a special government contract to dye fabric. This contract is very lucrative and quite unusual. You'll need a lot of hot water to perform. Unfortunately, the day after you sign the government contract, your hot water boiler breaks down. You call the repair company. A service person comes by and tells you that parts need to be ordered. The technician assures you that "we can have the repair completed in a week. No problem. I'll put it in writing for you." If the repair is completed in one week, you can complete the government contract without any difficulty. If it isn't, well, you will be in hot water if you don't have hot water. How will you manage this risk? Think about your options and the legal consequences that flow from these options. What will you do?