The Legal Environment of Business: Text and Cases (MindTap Course List)
The Legal Environment of Business: Text and Cases (MindTap Course List)
10th Edition
ISBN: 9781305967304
Author: Frank B. Cross, Roger LeRoy Miller
Publisher: Cengage Learning
Question
Book Icon
Chapter 11, Problem 4BCP
Summary Introduction

Case summary: Low Enriched Uranium (LEU) is used by nuclear power plants as fuel. The utility plants have options to either purchase LEU from the enricher or, provide the same to the enrichers and bear the cost of its processing. However, if the feed uranium is brought back to the plant, it may not be of the same quality as provided because of the fungible tendency of LEU. Few foreign enrichers exported LEU to the U.S. for a value less than the fair value.

To find: Foreign enrichers were involved in dumping when they exported LEU in the U.S. for a value less than the fair value.

Summary Introduction

Case summary: The nuclear power plants use low Enriched Uranium (LEU) as a fuel. The utility plants have options to either purchase LEU from the enricher, or provide the same to the enrichers and bear the cost of its processing. However, if the feed uranium is brought back to the plant, it may not be of the same quality as provided because of the fungible tendency of LEU. Few foreign enrichers exported LEU to the US for a value less than the fair value.

To find: The action could be taken to prevent dumping.

Blurred answer
Students have asked these similar questions
Humera recently acquired the following items and now seeks your advice about any remedies she might have, and any legal issues that might arise, as a result of the following problems:(a) A plasma television set bought from a High Street store for which she paid 35000. The TV never worked but because of the pressures of work she only managed to return it to the store 12 months later. (b) A new play Station which she exchanged for an old one. She bought this at the same time and from the same store as the television. This never worked. (c) A second-hand wristwatch which she bought from a car boot sale and paid 3000 by cheque. It was described as waterproof and the leaflet advertising it claimed it kept excellent time. When she got it home, she found that it was not waterproof and also that it lost more than 1 minute in time every week. (d) A skirt for a dinner party she was planning. In a rush, she picked up the wrong size from the shelf. (e) Some roofing tiles from a…
1) Supplier and Retail Firm A retail-level firm has a contract to sell a single unit of a good to a consumer for 10$. Not delivering the good leads to no payment from the consumer along with a penalty of 5$ to be paid to the consumer by the firm as per the contract between the firm and the consumer. The retail-level firm must also pay an operating cost of 3$ in order to stay in business and in order to be able to deliver the good. This cost must be paid even if the firm decides not to sell the good. Failing to deliver the good and having to pay the penalty and the other costs would lead to the retail firm going out of business. A supplier firm is the only firm in the world that can build the good. The supplier can build the good for 2$ and does so after an order is made. The supplier cannot sell directly to the consumer and there is only one retail firm in this market. Both the supplier and the retailer only care about their own private profit. There is no contract at this point…
You are an engineer and it is known that your project activities/plant production had caused an adverse health, safety and/or environmental (HSE) impact. To improve the HSE quality, you must cease your project activities/plant production for a period, resulting in the inability to meet the required schedule and targets.(i)Ethical behavior (ii)Identifying the moral issues
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning