Business law *CONTRACT 1) consent- both parties agreed to the conditions of the contract The OFFER should be certain. *Vices of consent (contract is voidable) 1) error or mistake- honest mistake in the amount/ contract. Ex: error in number of units 2) violence or force- forced someone to sign a contract. You never really want to sign it. 3) intimidation or threat or duress- same with number 2. 4) undue influence- ex: superior talking to an employee “if you did not sign the contract meaning
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to the lawyer’s office to sign some papers that would protect her mother. When Mary came to the lawyer’s office‚ she was advised that the paper she was going to sign was the deed to the property. Mary signed a document. Later on‚ when the municipal tax bill arrived‚ Mary McDonald was really surprised to see that the property was in her daughter’s name. The mistake occurred. Mary McDonald entered into an agreement in such a way that the contract did not express her true intensions. She thought that
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Business Discussion You own University Heights Apartments‚ a business that rents primarily to students. One evening‚ your tenant Sharon is attacked by an intruder who forces the lock on the sliding glass door of her ground-floor apartment. Sharon’s screams attract the attention of Darryl‚ your resident manager‚ who comes to Sharon’s aid. Together‚ he and Sharon drive the intruder off‚ but not before they both are badly cut by the intruder. 1. Is the intruder liable for what he has done? a. Yes
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Lisseth Alvarez Noelia Ramos Mr. Arévalo A08 Essay 2 Failing a class Failing a class has become a big issue to deal not only for students‚ but also for parents and even teachers who have to look for new approaches in order to make students improve their performance. But what happens when those methods seem not to work well and students can not up their grades? In response to these questions‚ new researchings have determined that failing at class have both biological factor and environmental
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1. Gharar can be described as a technical regulation in Saudi that has specific implication when settling disputes. It is forbidden in Islamic law by Qur’an when the operation concerned is risky and could result in deceit of one of the parties (http://www.investopedia.com/terms/g/gharar.asp). In this case‚ the U.S could claim that the reparation cost of breaching the contract could be classified as Gharar as it is specific to Islamic law: Saudi being an Islamic country with applicable jurisdiction
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Resolving Ethical Business Challenges Chapter One 1. What are the potential ethical issues faced by Acme Corporation? Acme is essentially bribing buyers to purchase their products. This could backfire on them if the buyers company gets wind of it. The reaction of the company may be to fire their buyer and cut off Acme all together. This of course could be potentially fatal for Acme in two ways‚ one by damaging their infrastructure though lost revenue and two by damaging their corporate
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Introduction It is extremely important today to give education the utmost attention‚ as it is considered a guaranteed insurance into a child’s future. However‚ it is a usual occurrence for children to fail consistently in many parts of the world especially within the United States. A student who has lost interest in their education will generally pay less and less attention to their teacher and will perform extremely poor on tests and other assessments. In extreme cases students will drop out of
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1. Business law topics such as contracts‚ agency‚ and property are primarily governed by the common law. 1. True 2. False 2. In most states judges are appointed. 1. True 2. False 3. The rational relationship test is more exacting than the intermediate test. 1. True 2. False 4-6. Legislative law includes 4. City ordinances 1. True 2. False 5. The Uniform Commercial Code 1. True 2. False 6. The Restatement of Torts 1. True 2. False
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a new dress‚ shoes and accessories for the date. He does not turn up and does not text you with an explanation. Can you sue him? If so‚ why? If not‚ why not? She would be unable to sue him as this is a social agreement which is unenforceable by law. Neither party has entered into a legally binding contract. Should you chose to break such an agreement‚ the consequences will be no more serious than upsetting or dissappointing your friends. This is similar to the case of Spellman v Spellman‚ in
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all of the learning outcomes from the Module. Intended Learning Outcomes 1. Consider the theoretical underpinning of a marketing environment. 2. Analyse an organisational context in relation to the relevant issues with regard to the fundamental principles that underpin the marketing process. 3. Apply theory to practice in order to generate solutions to a simple problem that addresses major impact on business organisations. 4. Evidence judgement in being able to choose and justify a solution
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