Comm 295 Assignment 2 Operations

Assignment 2: Operations DecisionDue Week 6 and worth 300 pointsUsing the regression results and the other computations from Assignment 1, determine the market structure in which the low-calorie frozen, microwavable food company operates.Use the Internet to research two (2) of the leading competitors in the low-calorie frozen, microwavable food industry, and take note of their pricing strategies, profitability, and their relationships within the industry (worldwide).Write a six to eight (6-8) page paper in which you:1.Outline a plan that will assess the effectiveness of the market structure for the company’s operations. Note:In Assignment 1, the assumption was thatthe market structure [or selling environment] was perfectly competitive and that the equilibrium price was to be determined by setting QD equal toQS. You are now aware of recent changes in the selling environment that suggest an imperfectly competitive market where your firm now has substantial market power in setting its own “optimal” price.2.Given that business operations have changed from the market structure specified in the original scenario in Assignment 1, determine two (2) likelyfactors that might have caused the change. Predict the primary manner in which this change would likely impact business operations in the new market environment.3.Analyze the major short run and long cost functions for the low-calorie, frozen microwaveable food company given the cost functions below. Suggest substantive ways in which the low-calorie food company may use

COMM 393: COMMERCIAL LAW, Sections 971 and 972 SUMMER 2017 COURSE INFORMATION Term/Period: 2017 Summer Session, Term 2 Instructor: Ellen McIntosh, Lecturer, JD, LLM Contact Info: ellen.mcintosh@sauder.ubc.ca, 604-822-6888 Course Schedule: Section 971 Mon/Wed 9:00am-12:00pm HA 343 Section 972 Mon/Wed 1:00pm- 4:00pm HA 343 Course Duration: July 4 – Aug 11 (Final Exam Period August 15-19, 2017) Office and Office Hours: HA 664, before or after class or by appointment COURSE OVERVIEW This course examines the Common Law and statutory rules that govern commercial transactions. We begin by learning how cases are decided in Common Law courts. Students then examine the elements of contract law to become prudent, moral and ethical contract negotiators. The course also examines the professional liability and fiduciary duties of business persons to their clients and others. Course components include reviewing relevant statutes, analyzing judicial decisions and engaging in critical thinking about legal, moral and ethical problems in business. COURSE OBJECTIVES & LEARNING OUTCOMES This course will equip business students with an introduction to the legal environment in which business operates in Canada. By the end of the course students will recognize many of the legal issues they will encounter in business, develop strategies to avoid legal problems, think critically about legal, moral and ethical issues, and develop an understanding of the principles used by the courts to resolve legal issues. The overall objective of the course is to cultivate and enhance legal, moral and ethical discernment for right action. COURSE MATERIALS & REQUIREMENTS Textbooks: Students are responsible for the material covered during lectures as well as for that contained in the readings included on this outline. Sample questions and answers from previous exams, and other course material referred to on this outline, is available on CONNECT Page 1 of 11 COMM 393: COMMERCIAL LAW, Sections 971 and 972 SUMMER 2017 Required Books: Both are available at the Book Store 1. The Law and Business Administration in Canada with Cases, Edition 5 (Pearson Custom Edition, taken from The Law and Business Administration in Canada, 14th edition by Smyth, Soberman, Easson and McGill)(ISBN: 9781323511084) * All of the cases on the course outline are in the Casebook at the end of the Textbook. *Students may also use Edition 4, Pearson Custom Edition 2. Supplementary Materials, Ellen McIntosh (also posted on CONNECT) Technology Requirements: Assignments must be typed and a hard copy delivered to me in class. Campus-Wide Login (CWL): All students at UBC are required to sign-up for a Campus-Wide Login (CWL), which can be used to access a number of services at UBC such as the SSC, Connect and UBC E-mail. Information about CWL can be found at: https://it.ubc.ca/services/accounts-passwords/campus-wide-login-cwl. Connect: We will be using the Connect Learning Management System for this course. The course page will be accessible starting the first week of class. How to Login to Connect: Follow the steps to access this course page on Connect:  Go to www.connect.ubc.ca click “Login to Your Courses” In the blue box (labelled “Login to www.connect.ubc.ca”), enter your Login ID and password, then click on the “Login” button:  Login ID: Your CWL (Campus Wide Login).  Password: Your CWL password  Click on the course name (BUSI 393) Technical Support: If you experience any technical difficulties with your login, please contact the UBC Information Help Desk. Page 2 of 11 COMM 393: COMMERCIAL LAW, Sections 971 and 972 SUMMER 2017 ASSESSMENT SUMMARY Component Court Assignment Case Presentation Midterm Exam Class Participation Final Exam Weighting 10% DUE: AUG 2nd 10% 20% DATE: JULY 21 5:30pm – 7:00pm Location: HA 098 10% 50% (AUG 15-19) Total 100% POLICIES & PROCEDURES Midterm/Final Exam The midterm in the summer session is NOT optional. However, if you miss the midterm for any reason approved by the Sauder Undergraduate Office then your final counts for 70%. The midterm will cover a certain section of the materials on the course outline and is 1.5 hours long. It is closed book but will have a course outline attached to the back of the exam. We will discuss the format in class and practice midterm questions will be posted on Connect. The final exam is cumulative with a slight emphasis on the post midterm materials. It covers all of the readings and cases on the course outline and is 2.5 hours long. It is closed book but again will have a course outline attached to the back of the exam. The format of the final exam is the same as the midterm and practice final exam questions will be posted on Connect. Students must obtain at least 50% on the final examination to complete the course. Exams are designed to test your understanding of the course materials and how to apply the legal principles learned in class to new fact situations that would arise commonly in business. With respect to the grading of your Midterm or Final exam, in the event that you feel something very serious was missed in the grading of your work, (be it a mathematical error or other) please write a brief summary of what you feel needs further attention and submit this re-read request with your marked work. I will remark your exam on my own time. If you request a re-read, the exam will be re-marked in its entirety and your grade may go up or down. Each grade component is considered final one week after given to the class and will no longer be open for re-reading or discussion. I do not accept personal lobbying efforts on behalf of grades other than in writing. I am happy to discuss your work with you for educational purposes, but keep in mind that once we discuss the work the grade is considered final if you have not already had the work re-read. Active Learning – Class Participation - Attendance Page 3 of 11 COMM 393: COMMERCIAL LAW, Sections 971 and 972 SUMMER 2017 Because this course relies heavily on applications and discussions of case materials, a percent of your grade will be determined from active learning activities. Active learning means that you take responsibility both for your learning, and helping others to learn more about the material. A critical component of the course is spirited, informed discussion. This means that you should be familiar with assigned materials prior to class; reading the textbook and the cases and preparing case briefs for each case will enable you to contribute constructively in class. Readings will normally not be fully reviewed separately you are assumed to have read and understood them. Excellent participation incorporates the materials that you have studied on your own and also builds on what your classmates have said to move the conversation forward. Quality of contribution is rewarded - not quantity. In the past students who have prepared cases in a study group before class have benefited greatly from the advance preparation. It is strongly encouraged for you to do so. I consider attendance in every class to be mandatory. If you do miss a class, it is your responsibility to find out from your classmates what material was covered, what additional assignments were made, and what handouts you may have missed. UBC’s Academic Calendar states that regular attendance is expected of students in all their classes. Students who neglect their academic work and assignments may be excluded from final examinations. Students who are unavoidably absent because of illness or disability should report to the Undergraduate office immediately. Any request of academic concession must be clearly expressed to the Undergraduate office. Because this is a 6 week course, if you are absent for more than 9 hours without a valid reason supported by the Undergraduate office you may be excluded from the final examination. You will be expected to sign an attendance sheet which will be circulated each class. It would be considered academic dishonesty to sign in for another student who is absent from class. If you arrive more than 30 minutes late to a class you may not sign the attendance sheet. You may only attend another section of a class that I am teaching with my prior consent. Assignments More information regarding your assignments will be provided in class. Late court assignments will not be accepted. ACADEMIC INTEGRITY AND PLAGIARISM Academic honesty is essential to the continued functioning of the University of British Columbia as an institution of higher learning and research. All UBC students are expected to behave as honest and responsible members of an academic community. Breach of those expectations or failure to follow the appropriate policies, principles, rules and guidelines of the University with respect to academic honesty may result in disciplinary action. It is the student’s obligation to inform him or herself of the applicable standards for academic honesty. These standards can be viewed in full at http://www.calendar.ubc.ca/vancouver/index.cfm?tree+3,54,111,959. Plagiarism at UBC is defined as intellectual theft occurring where an individual submits or presents the oral or written work of another person as his or her own. Any plagiarism of written or oral work will be reported to the Undergraduate Office and the Dean’s office who will determine the consequences. Page 4 of 11 COMM 393: COMMERCIAL LAW, Sections 971 and 972 SUMMER 2017 COURSE SCHEDULE SCHEDULE WEEK # WEEK 1 JULY 5 CLASS TOPICS THE LAW IN ITS SOCIAL AND BUSINESS CONTEXT READINGS WHAT’S DUE Sources of Law Textbook 4th edition: 1-4, 9-18 (note: pages 22-52 from the 3rd edition are posted on Connect as they are not included in the 4th edition) Textbook 5th edition 1-20, 21-46   Common Law v. Civil Law Statute and Precedent Court Systems and Procedures The Constitution Act and the Charter of Rights and Freedoms LIEBMANN V. CANADA CB 460 Alternate Dispute Resolution WEEK 2 JULY 10 and 12 FORMATION OF A CONTRACT Intent, Offer, Acceptance and the Writing Requirement Textbook 4th edition:101-103, 70-86, 152-157, 234-236 Textbook 5th edition 127-129, 96-115, 177-183 R V. 279707 ALBERTA LTD. CB 528 RUDDER V. MICROSOFT CORP. CB 532 MONTANE VENTURES V. SCHROEDER Page 5 of 11 Work on case briefs for each case on the course outline as preparation for class. Directions for how to prepare a case brief are at page 2 of the Supp. Materials COMM 393: COMMERCIAL LAW, Sections 971 and 972 SUMMER 2017 CB 539 FORMATION OF A CONTRACT CONT’D Consideration Textbook 4th edition: 90-101 Textbook 5th edition 116-132 CALIGUIRI V. TUMILLO CB 544 TULSA HEATERS INC V. SYNCRUDE CANADA LTD. CB 548 WEEK 3 JULY 17 FORMATION OF CONTRACT CONT’D Capacity to Contract th Textbook 4 edition: 111-114 Textbook 5th edition 137-140 INFANTS ACT – Supplement RE COLLINS CB 544 Legality of Object Textbook 4th edition: 114-127 Textbook 5th edition: 140-157 MAKSYMETZ V. KOSTYK CB 559 PHOENIX RESTORATIONS LTD V. BROWNLEE CB 562 Misrepresentation GROUNDS UPON WHICH A CONTRACT MAY BE SET ASIDE Textbook 4th edition: 141-143 Textbook 5th edition: 166-168 COLLINS V. DODGE CITY EAST CB 570 WEINMAN V. BRINKMAN CB 574 Page 6 of 11 MIDTERM PREP Practice questions are posted on connect COMM 393: COMMERCIAL LAW, Sections 971 and 972 SUMMER 2017 WERLE V. SASKENERGY (Connect) WEEK 3 JULY 19 GROUNDS UPON WHICH A CONTRACT MAY BE SET ASIDE CONT’D Undue Influence, Duress and Unconscionability Textbook 4th edition: 143-147 Textbook 5th edition: 169-176 BUCKWOLD WESTERN LTD V. SAGAR CB 579 INTERPRETATION OF THE CONTRACT Interpretation Textbook 4th edition: 162-164, 168-169 Textbook 5th edition: 188-190, 194-196 BKDK HOLDINGS LTD V. 692831 BC LTD CB 584 BLACKSWAN GOLD MINES LTD V. GOLDBELT RESOURCES CB 589 Parol Evidence Rule THE PAROL EVIDENCE RULE Textbook 4th edition: 165-167 Textbook 5th edition: 191-192 GENERAL TIRE CANADA V. AYLWARDS LTD CB 598 WEEK 4 JULY 24 THE DISCHARGE OF CONTRACTS Discharge of the Contract Textbook 4th edition: 197-211 Textbook 5th edition: 223-242 JEDFRO INVESTMENTS LTD. V. JACYK CB 606 SATURLEY V. LUND CB 612 BREACH OF CONTRACT AND REMEDIES Breach of Contract & Damages Textbook 4th edition: 217-223, 226-232, Page 7 of 11 MIDTERM EXAM FRIDAY, JULY 21, 5:30-7:00PM RM: HA 098 *The midterm will cover all of the materials on the course outline up to and including the Parol Evidence Rule. COMM 393: COMMERCIAL LAW, Sections 971 and 972 SUMMER 2017 237 Textbook 5th edition: 224-249, 252- 262 BREALTA ENERGY INC V. FIRST CAPITAL MANAGEMENT LTD CB 618 WESTCOAST TRANSMISSION V. CULLEN CB 624 BLACKCOMB SKIING ENTERPRISES V. SCHNEIDER CB 629 WEEK 4 EXCLUSION CLAUSES JULY 26 Exclusion Clauses Textbook 4th edition: 224-226 Textbook 5th edition: 250-252 DAWE V. CYPRESS BOWL CB 637 GREEVEN V. BLACKCOMB CB 646 MALONEY V. DOCKSIDE CB 650 Sale of Goods SPECIAL TYPES OF CONTRACTS SALE OF GOODS ACT Supplement Textbook 4th edition: 241-254, 404 Textbook 5th edition: 268-280 KOBELT MANUFACTURING CO V. PACIFIC RIM CB 658 PORELLE V. EDDIE’S AUTO SALES LTD CB 642 KOVACS V. HOLTOM CB 678 BEVO FARMS LTD V. VEG GRO INC CB 682 Page 8 of 11 COMM 393: COMMERCIAL LAW, Sections 971 and 972 SUMMER 2017 WEEK 5 PRIVITY OF CONTRACT JULY 31 Privity of Contract Textbook 4th edition: 175-194 Textbook 5th edition: 201-206 PEACOCK V. ESQUIMALT & NANAIMO RAILWAY CO. CB 602 THE LAW OF TORTS Negligence, Contributory Negligence and Vicarious Liability Textbook 4th edition: 21-24, 30-44 Textbook 5th edition: 47-50, 56-70 WALDICK V. MALCOLM CB 472 HOLLIS V. DOW CORNING CB 474 MORSI V. FERMAR PAVING CB 477 Negligent Misstatement Textbook 4th edition: 48-50, 52-64 Textbook 5th edition: 74-89 PROFESSIONAL LIABILITY: THE LEGAL CHALLENGES RANGEN V. DELOITTE & TOUCHE CB 484 HERCULES MANAGEMENT LTD V. ERNST & YOUNG CB 492 WEEK 5 FIDUCIARY DUTIES AUG 2 Fiduciary Duty Textbook 4th edition: 50-52 Textbook 5th edition: 76-78 HODGKINSON V. SIMMS CB 494 STROTHER V. 3464920 CANADA LTD CB 497 AGENCY Agency Page 9 of 11 COURT ASSIGNMENT DUE: AUG 2 Please hand in a hard copy to me in class COMM 393: COMMERCIAL LAW, Sections 971 and 972 SUMMER 2017 Textbook 4th edition: 269-282 Textbook 5th edition: 295-308 PEMBERTON BENCHLANDS HOUSING CORP V. SABRE TRANSPORT CB 688 WEEK 6 AUG 9 BUSINESS ORGANIZATIONS: THEIR FORMS, OPERATION AND MANAGEMENT Sole Proprietorships and Partnerships th Textbook 4 edition: 318-340 Textbook 5th edition: 344-368 LANZ V. LANZ CB 710 SCRAGG V. LOTZKAR CB 712 (and also posted on Connect for students with the 4th edition) PEN-BRO HOLDINGS V. DEMCHUK CB 718 Corporations – Formation, Legal Nature and Internal Affairs Textbook 4th edition: 343-354, 365-378 Textbook 5th edition: 369-390 DATA BUSINES FORMS LTD V. MACINTOSH CB 732 CHALLENOR V. NUCLEUS FINANCIAL NETWORK INC CB 728 UNIVERSAL PROPERTY MANAGEMENT V. WESTMOUNT CB 738 CANADIAN SPORTS SPECIALISTS INC. V. PHILLIPPON CB 744 Page 10 of 11 FINAL EXAM PREP Practice questions posted to connect COMM 393: COMMERCIAL LAW, Sections 971 and 972 SUMMER 2017 Final exams will be held from AUG 15-19 and are scheduled by the University. Page 11 of 11

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