A contract calls for Baked Goods, Inc., a bakery, to deliver fresh cookies to a coffee shop, The Coffee Cup, every Monday and for The Coffee Cup to pay on delivery. Baked Goods regularly delivers the cookies on Thursday and The Coffee Cup pays and never objects to the late deliveries. One Thursday, The Coffee Shop refuses the delivery and wants to cancel the contract.
Which of the following statements is true?

a) The Coffee Cup can cancel the contract because Baked Goods has breached it.
b) The Coffee Cup must give Baked Goods an opportunity to cure the error.
c) The Coffee Cup cannot cancel the contract because it failed to give Baked Goods reasonable notice of its dissatisfaction.
d) The Coffee Cup cannot cancel the contract because it waived its right by accepting the previous late deliveries.

Aeuropean aircraft producer has spent 15 years in developing a new aircraft that would potential threaten long-lasting boeing's dominance (monopoly) in the same class of aircrafts. the new european aircraft gets high marks on all performance measures except noise. because of the noise, the european producers management is concerned that the us government may impose restrictions which would forbid their aircraft to land in some of the american airports. without restrictions the estimated (present discounted) profit would be 125 million usd. with the restrictions the profit would only be 25 million usd. the chances of both outcomes are estimated to be 50-50. management must decide now whether to the cost of redesign program problem and a 60% chance it will fail. should the european aircraft producer start the noise redesign program if they do not have any redesign parts of the aircraft to solve the noise problem. is 25 million usd. there is a 40% chance that redesign will solve the noise additional information than mentioned above? draw the decision tree, indicate probabilities and outcomes of the events * imagine that the company could find out in advance the outcome of the u.s. government's e find the expected value of perfect information about the u.s. government's decision. decision. draw a new decision tree, indicate probabilities and outcomes of the events.