BUL3130 FSU Cabinet Cos Remedies Duties & Obligations Case Study Paper
Business Finance
Frank is the receiving dock supervisor for Cabinet Co., a company that manufactures metal storage cabinets. His job is to supervise the inspection and stocking of components and materials used in the manufacture of the cabinets as they are delivered, and to notify the accounting department so invoices can be timely paid. On June 1, the company received a shipment of casters used in the manufacture of rolling cabinets. This new shipment would not be needed for three weeks, as there were plenty of casters located on the assembly line. The storage facilities where the casters would normally be placed were under renovation, and there would be no space to store this latest shipment of casters until June 20. Frank decided to leave the unopened boxes of casters in a secure and covered corner of the receiving dock. He did, however, notify the accounting department that the casters had been received. The accounting department paid the $8,000.00 invoice in time to earn the discount if paid within ten days.
On June 20 Frank had his workers open the boxes of casters to inspect them and place them in the appropriate space in the storage facility. Upon inspection, it was determined that nearly all of the casters were defective and unusable. This caused the company to default on several contracts for rolling cabinets as it ran out of casters before it could secure replacements for the defective ones. Cabinet Co. was able to replace the casters at a 15% increase in cost.
Discuss Cabinet Co.’s remedies, duties, and obligations with respect to the casters using the format found in the Example CLTCA Submission with APA Format..
| Criteria | Ratings | Pts | ||||
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This criterion is linked to a Learning OutcomeRecognize the applicable areas and principles of law |
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12.5 pts |
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This criterion is linked to a Learning OutcomeIdentify the key facts |
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25.0 pts |
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This criterion is linked to a Learning OutcomeApply the law to the facts to support an argument |
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25.0 pts |
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This criterion is linked to a Learning OutcomeApply the law to the facts to support a counterargument |
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25.0 pts |
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This criterion is linked to a Learning OutcomeAPA Format; Organization; and grammar, punctuation, and spelling |
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12.5 pts |
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Total Points: 100.0 |
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Textbook Title: Managers and the Legal Environment: Strategies for Business
Edition #: 9
Author: Constance E. Bagley
Publisher: Cengage
Year: 2019
ISBN-13: 9781337555081
We’re covering chapters 5, 7, and 8. We can use West Law and any other peer reviewed texts/articles for our references.
