LEGAL ASPECTS OF BUSINESS LESSON 10: VOID AGREEMENTS Learning Outcomes After today’s class you should be able to answer the following questions; • • • The agreements expressly declared to be void The uncertain agreements The wagering agreements have not been discussed in the preceding chapter. Illegal agreements are also ‘unlawful agreements’ as they are expressly declared void by the Contract Act. It may be recalled that in the case of illegal agreements‚ transactions collateral to them
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CONTEXTUALIZING MANAGEMENT AND BUSINESS THEORIES FOR AFRICA Term Paper Organizational Theory MOI UNIVERSITY – NAIROBI CAMPUS Presented to : Dr. Komen Presented By: Mohammed Shakeel Salyani SBE/D/101/12 Table of Contents 1. The issue of the applicability of extant theories of management and business to the African context. 2 2. The underlying assumptions and prescriptions of dominant management theories and to what extent are they relevant to African challenges and
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i. Growth of Overseas markets-> Developing countries inspite of economic & marketing problems‚ are excellent markets. The world market is four times larger than the US market. Hence many US companies grow by going international. For eg‚ in case of Amway Corp.‚ a privately held US manufacturer of cosmetics‚ soaps & vitamins Japan represents a larger market than the United States. ii. Sales & Profits-> Foreign markets constitute a larger share of the total business of many firms that have wisely
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Powerful individuals and groups must be convinced/influenced that the change is good for them. There are three sets of activities for developing political support. They are— ➢ Assessing agent’s power. ➢ Identifying key stake holders ➢ Influencing
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Transcript of Cooper Industries‚ Inc Cooper Industries‚ Inc Cooper Industries‚ Inc Aaron‚ Kelsi‚ Luther‚ Stephanie‚ Tom‚ Will Competition to Takeover and Opportunity for Cooper Valuation High Volatility Lead to Change in Acquisition Strategy Nicholson File Company Deal Structure Recommendation Presentation Outline 1. Background of Cooper Industries 2. Cooper Industries strategy 3. Target acquisition - Nicholson File Company 4. Other offers and what is now the opportunity for Cooper
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The topic – It is always better to have clarity on the topic as it allows a clear flow of ideas. Lobbying‚ in fact‚ are the attempts made by certain corporate groups to influence the direction of legislative policy of a country/state in such a manner so as to bring benefits to them and safeguard their interests. The objective can be achieved by influencing legislators‚ members of Parliament and create a lobby to bring forth and get the favourable legislations passed. A lobbyist may be an individual
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TASK-1 Change is permanent and change is the only thing which does not change in the world. So change is an inevitable strategy which drives any business or non-business organisation. Change in management can be explained as a process of transforming individuals‚ organisations and teams in an organisation from present situation to the targeted status or standard. It is an organisational method intended to assist change stakeholders to accept and embrace changes in their business environment or
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Collaborative Learning Community: Analysis of an Ethical Dilemma Collaborative Learning Community: Analysis of an Ethical Dilemma (Part 1) 1) In your CLC group‚ select one of the following three options and view the video related to your chosen topic (a description of each is provided along with a link to access the electronic media): Dilemma 1: Embryo Harvesting and Freezing/Genetic Manipulation http://abc.go.com/shows/private-practice/video-detail/private-practice-momen
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Section 1 A) 1. Once key solutions are amended for optimal implementation these plans must be detailed enough for complete implementation in detail. Without details within the optimised project plan flaws and contingencies will not be able to be analysed or worked on by the corresponding departments working on them. Unless these plans are detailed enough for each project department to work with then the project is more likely to fail. 2. Key elements for a detailed project plan: 1. Milestone
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1. Stakeholder Theory vs. Shareholder Theory The Stakeholder Theory is defined as having three dimensions. The first dimension is that the stakeholders must contribute valued resources to the firm. The second dimension is how the stakeholders use these resources and the risks involved that could affect the success or failure of the firm and the relationship with that firm if it is terminated. The third dimension deals with the power that the stakeholders have within the firm. While one can be
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