Ghiladi - Exam 1 Name: ______________‚ ______________ ID #:______________ (last) (first) Directions: 1. WRITE AND BUBBLE in LAST NAME‚ FIRST NAME and ID# on the Scantron sheet 2. Enter exam code 111 in the ‘Special Codes’ section of the Scantron sheet 3. Write your name and ID# on this exam paper 4. Hand in all materials before leaving the classroom 5. FAILURE TO FOLLOW DIRECTIONS WILL RESULT IN A ZERO h = 6.6262 x 10-34 J•s c = 3.00 x 108 m/s RH = 3.290 x 1015 s-1 Bohr radius
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Any Kind Checks Cashed‚ Inc. v. Talcott it was crucial to determine whether holder of the instrument acted in good faith and fair dealing‚ as is required to have status of holder in due course. The definition of “good faith” is found in Commercial Law Article § 3-103(a)(4): “Good faith’ means honesty in fact and the observance of reasonable commercial standards of fair dealing.” The court upheld a trial court finding’s that Any Kind had not acted in good faith in cashing a check for $10‚000 but
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Question 1 (b) The problem looks at whether the existence of contract entitled Albert to claim for a breach of contract from Charlie with four elements of contract to be established here: that the offer been made by Albert and has been accepted by Charlie‚ that parties intend to create legal relationship and that the consideration was provided. The issue here is to determine if a reasonable person would consider offer had been made. An offer may be described as the indication of one person to another
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CHAPTER 1 The Changing Role of Managerial Accounting in a Dynamic Business Environment ANSWERS to Review Questions 1-1 The explosion in e-commerce will affect managerial accounting in significant ways. One effect will be a drastic reduction in paper work. Millions of transactions between businesses will be conducted electronically with no hard-copy documentation. Along with this method of communicating for business transactions comes the very significant issue of information security. Businesses
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takes longer and cost more because the arbitrator needs time to hear from both parties‚ analyze facts‚ examine evidence and determine a ruling that is legally binding. Usually parties who decide to use the mediation process will continue to conduct business with each other; typically parties who use arbitration
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IBUS/MARK 462 SECOND EXAM – WINTER 2013 STUDY QUESTIONS A. Definitions –four will be chosen for the exam Transaction exposure: The extent to which income from individual transactions is affected by fluctuations in foreign exchange values. Balance-of-trade equilibrium: Reached when the income a nation’s residents earn from exports equals money paid for imports. Spot exchange rate: The exchange rate at which a foreign exchange dealer will convert one currency into another that particular
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Insurance is a means for persons and businesses to protect themselves against the risk of loss. An individual who purchases automobile insurance may be reimbursed by the insurer if his or her car is stolen. Insurance is crucial to personal‚ business‚ and estate planning. Insurance is defined as a contract whereby one party undertakes to identify another against loss‚ damage or liability arising from an unknown event. It is a means of transferring and distributing risk of loss. The risk of loss
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30th May Thursday 11-12 (replacement) 1b) Negligence misrep – For this‚ the common law negligent misrep is followed- i.e. that is duty of care‚ “special relationship” ‚ breach of standard of care‚ causation‚ and remoteness. 1c) Duress is pressure exerted by one person to coerce (influence someone to do smth) another to contract on particular terms. The main types are duress of the person “actual or threatened violence or unlawful imprisonment”‚ duress of goods “wrongful detaining‚ damaging or
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BUSI 393 - ASSIGNMENT #1 ANSWER GUIDE QUESTION 1: 10 MARKS Review with Mike any legal issues he may use to defend the claim brought by Grace. Can Grace bring her action against Mike in Small Claims Court? The law is that an action can only be commence in Small Claims Court in B.C. where there is a civil action and the remedy sought is damages of less than or equal to $25‚000. Mike could argue that since Grace is suing for $75‚000 she must commence the action against him in the Supreme Court of B
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INTRODUCTION TO BUSINESS LAW The Law of Tort Core Reading: Lucy Jones‚ Introduction to Business Law (Oxford University Press‚ 2011). Chapter 11 on The Tort of Negligence (Refer to pages 340 – 374). Please note that we ARE NOT going through every single areas in relation to negligence. For instance‚ the area on nervous shock. Aims and Objectives: - To enable students to appreciate the general law of tort‚ especially the concept of negligence; To understand how this area applies
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