Unit 7 Assignment: Minimizing Risk of Loss for the Buyer

Attached Files:

In Unit 7, you are learning about sales contacts and ways in which businesses can limit risk of loss. In this assignment, you will analyze a commercial transaction to determine what contract terms should be included in order to minimize the risk of loss for the buyer.See the attached document for complete instructions and grading rubric. Submit your completed assignment to the above submission link by 11:59 p.m. EST, Sunday of Unit 7. 

For this assignment, you will focus on Hurricane Katrina. Review the “Executive Summary and Investigation Overview” (pp. 1–26) in the Katrina report, A Failure of Imitative. Government Printing Office. (n.d.). A failure of initiative. http://www.gpo.gov/fdsys/search/pagedetails.action?browsePath=109/HRPT/%5B300%3B399%5D&granuleId=CRPT-109hrpt377&packageId=CRPT-109hrpt377 (I tried to upload the PDF but it will not let me due to size) Based on your review of the “Executive Summary and Investigation Overview,” write a 3- to 5-page paper that describes how you would have applied the 4 incident management principles of: 1) mitigation, 2) preparedness, 3) response, and 4) recovery, to make effective decisions during the Katrina emergency. Explain why you would have taken the approach. What would the results have been had your approach been implemented during Katrina? Note: This assignment will require outside research. Use at least two credible sources, and discuss how you evaluated the credibility of the resources used. You may consult the Purdue Global Library, the internet, the textbook, course material, and any other outside resources in supporting your task. In addition to fulfilling the specifics of the assignment, a successful paper must also meet the following criteria: Include a cover page and references page in 10- to 12-point font (Arial, Courier, and Times New Roman are acceptable). Viewpoint and purpose should be clearly established and sustained. Assignment should follow the conventions of Standard English (correct grammar, punctuation, etc.). Writing should be well ordered, logical and unified, as well as original and insightful. Your work should display superior content, organization, style, and mechanics. Appropriate citation style should be followed. You should also make sure to: Include a title page with full name, class name, section number, and date. Include an introductory and concluding paragraph and demonstrate college-level communication through the composition of original materials in Standard English. Use examples to support your discussion. List all sources on a separate reference page at the end of your paper and cite within the body of your paper using APA format and citation style. For more information on APA guidelines, visit Academic Tools.