View the step-by-step solution to:



           Asia Pacific

Sugar and Sweets Manufacturing Company ordered molasses from Philippine-Hawaiian Interantional Sugarcane Incorporated on November 5, 2000. When the time for payment came , Asia Pacific Sugar and Sweets Manufacturing Company was not ready to pay due to tight financial crisis it was experiencing. Mr. Rolando Gutierrez, the manager of the said company is a friend of Mr. Frederick Dy, the owner of the Philippines-hawaiian International Sugarcane Incorporated. He talked with Mr.Dy and asked him if it is all right for the payment to be delayed for friendship sake, Mr. Dy agreed. It was only 20 days afterwards that the buyer offered to pay. The seller accepted the overdue accsount and started delivering the molasses. Upon receiving the second shipment, the production manager of Asia Pacific Sugar and Sweet Manufacturing Company reported to Mr. Gutierrez that the molasses that the molasses did not meet the indicated quality in the invoice. Mr. Gutierrez ordered the molasses to be returned. Enclosed in the invoice was a memorandum citing the reasons why it was returned. This action enraged Mr. Dy. Immediately, he cancelled the contract and argued that the delay payment was a form of "breach of contract."


           Mang Toot's fast-food chain has been known in the business not just only for its great tasting food and excellent service but also for its cleanly prepared dishes. One was unaware that the starch he used was already expired. He only noticed it after some and the gravy had already been served to the customers. Knowing that it might cause harm to the customer's, he immediately told Bartolome, the branch manager, about it. Bartolome told Emong not to tell anyone about it, besides, no one is complaining.


           Yvonne Pillar is a young accountant who came from a poor family. She was recently hired by a big company called Chameleon Co.

           When it was time to audit the accounting books of the company, Yvonne was instructed by her boss to manipulate the numbers in order to reduce the taxes the company will have to pay the government. The company official said that if she would not heed the command, she would be terminated.

           The employment condition that time was really tight and the chance of finding another job is very minimal.


           Mr. X is a graduating student. He is aware taht he has an exam in math the following day. Yet he plans to do the usual: partying all night long with his friend. Mr. X is a born partygoer; he never liked the idea of studying. He is also a born cheat, surviving all the difficult examinations by cheating.

           "we don't need to review! Look bro, I'm about to graduate without having to study anything since first year!" he boasted to his friends when they told him that they needed to prepare for their math exam. True to his words, Mr. X didn't review even if his friends did. He instead prepared a kodigo. "cheating is bad if you're caught," Mr.X thought, " That is, if my teacher can catch me.'' The following day his class took exam. And he did as expected . his kodigo was helping him well, too well that he did not notice his teacher approaching him from the back. Mr. X was caught cheating. "Sir, i'm not cheating, im just reading my notes,'' the teary-eyed Mr. X would later explain.






Recently Asked Questions

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Let our 24/7 Economics tutors help you get unstuck! Ask your first question.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes
A+ icon
Ask Expert Tutors