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Read the article titled “Contracting Risk: A Quick Guide to Proper Risk Allocation Through Contracts for Subcontractors,” located at http://www.thehumanequation.com/en/news_rss/articles/. Explicate...

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Read the article titled “Contracting Risk: A Quick Guide to Proper Risk Allocation Through Contracts for Subcontractors,” located at http://www.thehumanequation.com/en/news_rss/articles/.
Explicate the major risks involved in subcontractor contracts. Then, determine which of the risks involved holds the most risk to the subcontractor. Support your response with evidence or examples.
Question 2
2.1 Real options are useful when a manager wants to make adjustments for risk in capital projects. Suggest ways to determine the need for such an option.
2.2 Transaction costs are inherent in the trade-off between risks and uncertainties. Propose how one can determine the efficient levels of information in an organization to justify taking risk over uncertainty.
Question 3
3.2. How does your analysis of VMP change if the employer is a monopolist producer
of its output but a price-taker in the labor market?
3.19. Most restaurant customers tip according to a percentage rule—between 15 and 25
percent of the bill. Diners who have dinner and a $20 bottle of wine usually pay
the same percentage of the bottle price as diners who order a $100 bottle. Why,
when the same efforts must be made to uncork and pour both bottles?
3.3. Lenders perceive that you are risky, so you must pay 12 percent annual interest to
borrow from one of them. You only receive 6 percent on funds you have deposited
in the bank. Do the opportunity costs of borrowing and using your own funds
differ in this example? Explain why or why not.
3.17. Devise a hypothetical business situation in which buying a lookback call option on
a commodity may be a sound strategy for you. How about a down-and-out call
option?
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Question 1 Read the article titled “Contracting Risk: A Quick Guide to Proper Risk Allocation Through Contracts for Subcontractors,” located at  HYPERLINK "http://www.thehumanequation.com/en/news_rss/articles/2005/Quick_Guide_To_Proper_Risk_Allocation_Through_Contracts_for_Subcontractors.aspx" \t "_new" http://www.thehumanequation.com/en/news_rss/articles/. Explicate the major risks involved in subcontractor contracts. Then, determine which of the risks involved holds the most risk to the subcontractor. Support your response with evidence or examples. Question 2 2.1 Real options are useful when a manager wants to make adjustments for risk in capital projects. Suggest ways to determine the need for such an option. 2.2 Transaction costs are inherent in the trade-off between risks and uncertainties. Propose how one can determine the efficient levels of information in an organization to justify taking risk over uncertainty.  HYPERLINK "https://blackboard.strayer.edu/webapps/blackboard/execute/uploadAssignment?content_id=_4251230_1&course_id=_55389_1&assign_group_id=&mode=view" Question 3 3.2. How does your analysis of VMP change if the employer is a monopolist producer of its output but a price-taker in the labor market? 3.19. Most restaurant customers tip according to a percentage rule—between 15 and 25 percent of the bill. Diners who have dinner and a $20 bottle of wine usually pay the same percentage of the bottle price as diners who order a $100 bottle. Why, when the same efforts must be made to uncork and pour both bottles? 3.3. Lenders perceive that you are risky, so you must pay 12 percent annual interest to borrow from one of them. You only receive 6 percent on funds you have deposited in the bank. Do the opportunity costs of borrowing and using your own funds differ in this example? Explain why or why not. 3.17. Devise a hypothetical business situation in which buying a lookback call option on a commodity may be a sound strategy for you. How...

Answered Same Day Dec 21, 2021

Solution

Robert answered on Dec 21 2021
129 Votes
Running Head: A Strategic Report on Ericsson Company
0
Micro Economics
Running Head: MICRO ECONOMICS
Micro Economics
Name
Institution
Q1
A contract is said to work only when there is an acceptance of the offer, and it has to be clearly communicated. There have to be a consideration bargained, which is induced by promise or performance. In contract law, offer and acceptance form an analysis that seeks to determine whether an agreement that exists between two people is valid. The agreement includes an offer that is made and the willingness to enter into a contract or acceptance. The contract must agree on certain terms, which indicate agreement without any further negotiations. The essential aspects of any contract include; the parties, subject of the contract, terms and conditions, severability and clause and applicable law (James, 2005).
The essential terms in the contract make up the significant risks that are involved in a subcontractor contracts. One of the first risks is the consideration for the contract. The consideration includes the interest, right or benefit that the person is receiving when agreeing to enter into the contract. In consideration, one is to try to avoid oral contacts, as they sometimes cannot be enforceable. Apart from the contract having an offer that is accepted and the consideration looked at, the parties to the contract play a prominent role. The parties in the contract should be clearly listed otherwise not listing the co
ect entity will complicate the enforcement of the contract. In addition, the subject of the contract is another key element. The subject of the contract has to be descriptive and inclusive of the roles or expectations of the contact (James, 2005).
However, conditions and terms of the contract form the substantial risk to the subcontractor. The subcontractor is not to leave out any terms, as the courts will only enforce the actual terms stipulated in the contract. For example, if it were not stipulated when the contract ends, that would form a vital risk to the sub contractor. Parties are also not allowed to contradict their written contracts with other evidences such as the oral agreements. It is critical for the subcontractor to identify the key issues that could likely arise during agreement or when the contract needs to be enforced (James, 2005).
Q.2.1
Real options are immensely useful in helping a manger to make the right adjustments for a risk in the capital projects. Real option will help the manger to build on the already existing beneficial fortunes and improve on their possible profits. Real options are also determined on the expected losses. This will provide an option to expand for the managers....
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