Business Law: Offer and Acceptance. For a simple contract to be valid one party must make an offer and the other party accept it. An offer is made where a person (the offerer) unequivocally expresses to another (the offeree) his willingness to make a binding agreement on the terms specified by him if they are accepted by the offeree’ (Card 2002). This offer could be made to a specific person‚ in which case it cannot be accepted by anyone other than that individual. On the other hand it could
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The Therac 25 Disaster October 2012 1 Introduction The Therac-25 was a machine for cancer treatment manufactured by the Atomic Energy of Canada Limited (AECL) and went down to history as one of the world’s worst software disasters. The machine was released to the market in 1983 and was later involved in at least 6 accidents that lead to enormous radiation overdoses for the patients. One of the major innovations of the Therac-25 was the move to complete computer control‚ which allowed operators
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Motorola Inc. case précis Restatement of the case Motorola was one of the few American companies that marketed a wide range of electronic products‚ form highly sophisticated integrated circuits to consumer electronic products. The company was organized along product and technology lines. To exploit fully the growing demand for semicustom integrated circuits‚ Motorola organized the Application Specific Integrated Circuit (ASIC) Division in 1984. The division was organized along functional lines
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Offer and acceptance | Contract law | Part of the common law series | Contract formation | Offer and acceptance · Mailbox rule Mirror image rule · Invitation to treat Firm offer · Consideration | Defenses against formation | Lack of capacity Duress · Undue influence Illusory promise · Statute of frauds Non est factum | Contract interpretation | Parol evidence rule Contract of adhesion Integration clause Contra proferentem | Excuses for non-performance | Mistake · Misrepresentation
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ROBIN HOOD INTRODUCTION TO THE TOPIC A person who comes up with the certain idea to run the business or one who make efforts to gain the profit to the company is the CEO (Chief Executive Officer). Here‚ Robin Hood plays a role of a CEO. CEO is not the only person who runs the organisation but‚ there are members get hired who supports to achieve the goals and objectives or vision and mission of the organisation. In this scenario Robin Hood had four main persons who were supporting him by
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Case Recap Dr. Pepper/7-Up (DPSU) is the largest division of Cadbury Schweppes PLC‚ the world’s third largest soft drink company. The Squirt brand manager in 2001‚ Kate Cox‚ is working on the brand’s annual advertising and promotion plan (Kerin & Peterson‚ 2010). The main issue in developing a marketing strategy stems from the market targeting and product positioning in Squirt’s advertising and promotion plan development. This case analysis will review the issues; examine the company’s strengths
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Case #1: Robin Hood by Joseph Lampel (New York University) 1) Background – Robin Hood is the head of an organization that was created to steal from the rich and give to the poor. He has several Merrymen to assist him and the organization has grown rapidly with a lot of new recruits. Robin Hood and his organization have their biggest threat in the High Sheriff of Nottingham destroying their group. 2) Model used in analysis – I would say the need for improved Strategic Management and determining
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Robin Hood Assignment 1- Unit 2 Kimberly Brown-Schneider Kaplan University The story of Robin Hood was one of my most favorites to hear my grandparents tell to me over and over again as a child. My grandmother would always embellish the story by enhancing just how important it was for me to always look out for those who are less fortunate and assist them without a doubt. (Phone conversation): According to my grandmother‚ she does indeed remember telling and reading that story to me every
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enforceable agreement‚ or a contract‚ can be broken down in to five elements; offer‚ acceptance‚ consideration‚ capacity to contract and intention to create legal relations. In this scenario there doesn’t appear to be an issue with capacity to contract and intention to create legal relations‚ so we can assume that they are both satisfied. The issues concerning this scenario are the concept of an offer‚ acceptance and consideration. When looking at the issues and assessing them‚ the objective view
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Eastern Mount Lofty Ranges Water Allocation Plan FACT SHEET | DECEMBER 2013 Foreword from Sharon Starick‚ Presiding Member of the South Australian Murray-Darling Basin NRM Board I am very pleased to share the news that the water allocation plan for the Eastern Mount Lofty Ranges has been adopted by the Minister for Sustainability‚ Environment and Conservation‚ the Honourable Ian Hunter MLC. The development of the plan has been a long journey over many years. Numerous members of the
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