Monty Hall Problem The Problem: You are in a game show and the host shows you three doors‚ saying that only one will give you the grand prize. After choosing one door‚ the host will open one of the two doors you did not choose. The host knows where the prize is and he would not open that door‚ if ever you have not chosen it. Then he would give you a chance to switch to the other door. Should you switch or stick to the door you have picked first? The Answer: You have a better chance of winning
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A letter for canceling a contract is a formal declaration of your intent to end all business relations with another party that you have previously entered into an agreement or contract with. Below is the proper format and tone that should be used when writing a letter to cancel a contract or agreement. Business Network Members 1. M-Star Hotel 2. EverGreen Lawn Service 3. Maxtek 4. Fluor Enterprises Canceling a Contract Letter Advice When writting a Letter of Cancelation of Contract
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The parol evidence rule states that‚ if once the terms of an agreement between two parties is written down‚ the parties may not present any evidence in court that contradicts what is written in the agreement. The parol evidence can be thought of as the “four corners” rule. If an agreement exists‚ the court must look for evidence of the agreement terms by reading what is inside the “four corners” of the paper the agreement is printed on. Evidence that does not appear within the “four corners” of the
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For Metalcrafters Inc.‚ the first thing I would do is to decide whether or not each alternative is mutually exclusive or independent. In this case‚ the stamping press alternatives are mutually exclusive‚ the extrusion press alternatives are mutually exclusive‚ and the new parts orders are mutually exclusive. Beginning with the stamping press‚ the next thing I would do is figure out what the expected useful life is for each alternative. Because the SX-65 has a useful life of 5 years and the MD-40
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What if They Won’t Play (Use Negotiation Jujitsu) Getting to Yes Negotiating Agreement Without Giving In By Roger Fisher and William Ury Vikas Singh Ed Hill What if They Won’t Play • Theymaystatetheirpositioninunequivocal terms • Concernedonlywithmaximizingtheirowngains • Theymayattackyouinplaceofattackingthe problems Three Basic Strategies • What you can do • What they can do – Negotiation Jujitsu • What a third party can do – One Text Mediation Procedure Negotiation Jujitsu Three Basic
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Describe the different obligations imposed by the implied and the express repair covenant in a lease. (list the various terminologies used and explain their meaning) A repair is ‘making good the damage so as to leave the subject as far as possible as though it had not been damaged’ defined in Clathorpe v McOscar 1924 Ultimately‚ the landlord wants to pass on the repairing responsibility to the tenant. Tenants will usually accept the responsibility as long as it is not too onerous. The phrase caveat
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1. Case 9-1: Facebook v. Winklevosses The settlement agreement is enforceable. Based on the four necessary conditions on constructing a valid (bilateral contract in this case) contract: (1) Agreement: Winklevosses agreed that he has “no further right to assert against Facebook” and “no further claims against Facebook and its related parties” in exchange for cash and Facebook stock from Zuckerberg (promise for a promise); (2) Consideration: What Zuckerberg offered was a legal value in exchange for
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Got Ink? Got Ink? Tattoos in today’s society are a way of self-expression and art. There has been a lot of controversy over tattoos and the many meanings behind them. Tattoos were and still are widespread among the Polynesian people‚ certain tribal groups in the Philippines‚ Africa‚ North America‚ South America‚ Mesoamerica‚ Europe‚ Japan‚ Cambodia‚ New Zealand and China. Despite some taboos and superstitions surrounding tattooing‚ the art continues to be popular all over the world. In this essay
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HS Student Activity Information Form (Note: This is NOT an application form.) DECATUR HIGH SCHOOL CHAPTER OF THE NATIONAL HONOR SOCIETY Directions: Please complete all sections. (Please type or print.) Do not be modest. Every bit of information can be used by the Faculty Council to assist with the selection process. Completion of this form does not guarantee selection. I. Administrative Information First Period Teacher LeDoux‚ Debra L. Name Madelyn
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College of Management‚ NCTU Operation Research I Fall‚ 2008 Chap8 The Transportation and Assignment Problems Example: Three canneries and four warehouse Shipping Cost per Truckload Output Warehouse 1 2 3 4 464 513 654 867 75 1 Cannery 352 416 690 791 125 2 995 682 388 685 100 3 80 65 70 85 Allocation xij = the number of truckloads to be shipped from cannery i to warehouse j. The Transportation Problem Distribute goods from sources to destinations with
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