Arky Posted December 21, 2006 Share Posted December 21, 2006 Hey Jeff When this runs its course pull out your old lsat material & pose a logic problem...that will bring interesting responses. JT Quote Link to comment Share on other sites More sharing options...
TBrennan Posted December 21, 2006 Share Posted December 21, 2006 The result would be whatever a judge decides it would be. That's what lawyers and courts are for, especially in civil matters. See what Posner thinks. Quote Link to comment Share on other sites More sharing options...
mungkiman Posted December 21, 2006 Share Posted December 21, 2006 $440 Quote Link to comment Share on other sites More sharing options...
Seadog Posted December 21, 2006 Share Posted December 21, 2006 Shipping both ways= $80, so that much is for sure. Since the widget is not a special product it could to back into FG inventory for future sale, no damages there. Perhaps ABC could justify additional carrying costs and special handling costs that would impact the COGS. I think the $9 per unit future sale is irrelevant. Quote Link to comment Share on other sites More sharing options...
mungkiman Posted December 21, 2006 Share Posted December 21, 2006 I also think the P Corp sale doesn't factor. Otherwise, the OP would have mentioned shipping cost for that transaction, too. Quote Link to comment Share on other sites More sharing options...
SilverSport Posted December 21, 2006 Share Posted December 21, 2006 ABC should get whatever it can prove are its damages from the rejection of the original order and cancellation of the order...this might be lost time, wages, reputation...talk amongst yourselves...okay...[8-|] Bill Quote Link to comment Share on other sites More sharing options...
Duke Spinner Posted December 21, 2006 Share Posted December 21, 2006 ok ... $140 Quote Link to comment Share on other sites More sharing options...
sputnik Posted December 21, 2006 Share Posted December 21, 2006 I think the actual "legal result" here is that your ex ends up with all of your stuff. Quote Link to comment Share on other sites More sharing options...
Jeff Matthews Posted December 21, 2006 Author Share Posted December 21, 2006 You all are everywhere. Reminds me of the movie, "12 Angry Men." Quote Link to comment Share on other sites More sharing options...
Jeff Matthews Posted December 21, 2006 Author Share Posted December 21, 2006 $440 Why? Quote Link to comment Share on other sites More sharing options...
st. patrick Posted December 21, 2006 Share Posted December 21, 2006 I think the actual "legal result" here is that your ex ends up with all of your stuff. Sputs, one definition of divorce is: "The screwing you get for the screwing you got." Quote Link to comment Share on other sites More sharing options...
Jeff Matthews Posted December 21, 2006 Author Share Posted December 21, 2006 Hey Jeff When this runs its course pull out your old lsat material & pose a logic problem...that will bring interesting responses. JT Yeah, that was one heck of a test for all the frivolous little brainteasers it had. I wish I had a copy. Quote Link to comment Share on other sites More sharing options...
sputnik Posted December 21, 2006 Share Posted December 21, 2006 I think the actual "legal result" here is that your ex ends up with all of your stuff. Sputs, one definition of divorce is: "The screwing you get for the screwing you got." ultionus mereo pro coitus accipio Quote Link to comment Share on other sites More sharing options...
mungkiman Posted December 21, 2006 Share Posted December 21, 2006 $360 contractual profit $80 shipping Quote Link to comment Share on other sites More sharing options...
mungkiman Posted December 21, 2006 Share Posted December 21, 2006 Does P Corp own XYZ? That could be a can of worms... Quote Link to comment Share on other sites More sharing options...
tigerwoodKhorns Posted December 21, 2006 Share Posted December 21, 2006 We've had physics 101. Now, law 101. ABC Corp. mass produces widgets. That's all it does - by the thousands. ABC's typical inventory of widgets is 2000 units. XYZ Co. enters into an agreement to buy 100 widgets from ABC for $10 each, freight included (will be borne by ABC). The total average unit cost of production to ABC for each widget is $6. ABC ships the 100 widgets to XYZ at a cost to ABC of $40, and when they arrive, XYZ refuses to take delivery. Assume there is no justification for XYZ's refusal to accept delivery. The widgets are returned to ABC. 20 days later, another company, P Corp., purchases these same 100 widgets from ABC at $9 each. If ABC sues XYZ, what, if anything, should ABC recover? Give your reasons. EDIT: Return freight was mentioned below. Assume return freight was $40, and ABC Corp. paid it. This is so easy, they will recover either $1,000,000,000,000 or 28 cents. The reason is that you have more numbers that one can count on their hand and everyone knows that an attorney cannot work a calculator to save their life. This is kind of funy, when I took the bar I played my Barbri tapes at work. I thought everyone would be mad but they actually all kept asking me legal questions all day. Who would have guessed? Quote Link to comment Share on other sites More sharing options...
Ray Garrison Posted December 21, 2006 Share Posted December 21, 2006 We've had physics 101. Now, law 101. ABC Corp. mass produces widgets. That's all it does - by the thousands. ABC's typical inventory of widgets is 2000 units. XYZ Co. enters into an agreement to buy 100 widgets from ABC for $10 each, freight included (will be borne by ABC). The total average unit cost of production to ABC for each widget is $6. ABC ships the 100 widgets to XYZ at a cost to ABC of $40, and when they arrive, XYZ refuses to take delivery. Assume there is no justification for XYZ's refusal to accept delivery. The widgets are returned to ABC. 20 days later, another company, P Corp., purchases these same 100 widgets from ABC at $9 each. If ABC sues XYZ, what, if anything, should ABC recover? Give your reasons. EDIT: Return freight was mentioned below. Assume return freight was $40, and ABC Corp. paid it. My non-legal layperson's perspective... I have no idea. It seems like I should be entitled to the agreed upon price of $1,000 plus the return shipping, for a total of $1,040. But then, I sold them for $900. Maybe XYZ only owes me $140. Wait a minute, they're fungible. If P Corp hadn't bought these widgets, they'd've bought some other widgets, and I'm still out the $1,000 XYZ promised to give me. Plus, I had to re-stock them, typically 15%. I'd ask for the $1,000 contract price, the $40 return shipping, and charge a restocking fee of 15%, total $1,190. Quote Link to comment Share on other sites More sharing options...
3dzapper Posted December 22, 2006 Share Posted December 22, 2006 Don't forget ABC's attorney costs at $250/hr. Plus how do you deter XYZ from doing this egregious act again to ABC or any other entity?. Punitive damages baby!!!! Teach 'em a lesson. [] Quote Link to comment Share on other sites More sharing options...
Jay481985 Posted December 22, 2006 Share Posted December 22, 2006 All I know is that the loser will get to pay for the attorney's fees! Quote Link to comment Share on other sites More sharing options...
tigerwoodKhorns Posted December 22, 2006 Share Posted December 22, 2006 OK, this thread is stalled. Here is a hint: http://www.leg.state.nv.us/NRS/NRS-104.html Its pretty much the same everywhere. Quote Link to comment Share on other sites More sharing options...
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