Saturday, January 10, 2015

Genesis 23 & The Pennzoil vs Texaco Case Study

Was reading Genesis 23, when Abraham was deciding a land to bury his wife. I was interested on the odd negotiations when he and Ephron the Hittite, I mean Ephron offered him for free, but Abraham declined but instead he asked for a price.
http://jaymack.net/genesis-commentary/Fu-The-Cave-of-Machpelah.asp (Click here for the commentary)

Later I learned that all those negotiations was part of the ancient oriental bargaining in the Middle East, the so called "Oral Contract".

Curious, I then searched on oral contract and got a nice case study on the 1984 Pennzoil vs Texaco through the Getty's oil deal.

It's scary that a simple oral contract would cost more than $11 billion and took about 3 years to complete the case.

http://www.agsm.edu.au/bobm/teaching/SGTM/pennzoil.pdf (Case study Source)

Saturday, December 27, 2014

Life's hard

Though I wasn't able to take the picture, but at this very place.

One mother had to work by washing cars, the husband carried their baby to her. That golden moment where she kiss her daughter while working.

Busy life.

Breakfast

Food!

The Unexpected Visit

Today,

Ivan Tan came to visit and brought gifts to us. I hated him coming, told mom:"What? Using gifts to bribe us into a sincere apology?" It sounded mean but that's what I felt.

When he came, I was nothing admirable but a stupid teenager (I'm an adult) showing his juvenile attitude.

I did not looked to his eyes, I might say I was shy but I'm not, I'm angry and wanted to say something but all I could do was mutter soft responses. The words that I gave Ivan was:"There's no need for the presents, I don't need anything for my 21st, So what if its my 21st birthday? I don't think I could go back anymore."

It was the coldest conversation in my entire 21 years on earth, but I guess wounds that lasted for a year could be worst.

I don't know, I'm being selfish, because I have dreams placed right in front of me. I want to finish my Fairview years without distractions. I know it's not healthy, but I have no other choice.