B Bai 1 : Business Law: 40. Principle of Law: In this case‚ Esposito hired Excel Construction Company to repair a porch roof. All terms of the agreement were specified in a written contract. And the dispute occurred when Excel had repaired the rear porch roof because in the agreement failed to specify whether it was the front or rear porch that needed repair. Under civil law‚ two parties here had signed a civil contract in writing. Because the contract failed to specify clearly front or rear
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“something for something” or the exchange of promises from each party-from the promisor to the promise-which turns the agreement into a contract. Contracts are the basis of the business and therefore understanding the law of contract is essential for persons wishing to engage in business. There would be no business without contracts. To make a contract legally enforceable six prerequisites should be followed. They are intention to create legal relations‚ agreement‚ consideration‚ legal capacity
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COLLEGE OF BUSINESS TMC COLLEGE LAW Individual Assignment The Importance of Understanding Business Law in Malaysia PREPARED FOR Mr. William Tan PREPARED BY Ilyassova Daniya SUBMISSION DATE 2 June 2014 Table of Content No. Details Page When doing a business it is important to understand laws that apply to your business‚ laws depend on the country you live in‚ but there are many
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the manager did was the right thing to do in any professional business environment. Even though the interview went great‚ what if they were to later send an email out like that to the boss of the company? Someone would have to answer that and it would be the manager that hired that individual. I wouldn’t want to be that individual. Who in the right mind would send a message by phone to an interviewer in the first place? In my business writing course we were told to write or email a letter to thank
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Exam technique classes Exam technique classes are aimed at helping students when answering questions in external‚ periodicand final exams. Certain skills are required in order to gain full marks especially in external exams. Exam technique classes will help students achieve these skills and improve their grades. This document contains a guide on the skills required and how to go about mastering them in order to achieve a grade A in the external exams taken at level N.There are also past paper
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1. Which of the following statements is true? a. The concept of defense-in-depth reflects the fact that security involves the use of a few sophisticated technical controls. (Incorrect. The concept of defense-in-depth is based on the idea that‚ given enough time and resources‚ any single control‚ no matter how sophisticated‚ can be overcome—therefore‚ the use of redundant‚ overlapping controls maximizes security.) b. Information security is necessary for protecting confidentiality‚ privacy‚ integrity
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QUESTION 1 – (16 Marks) – 28 minutes The following data is from the accounts of Fleury Corporation on December 31‚ 2005‚ the end of the current reporting year. Dr. Cr. Cash $ 116‚000 Accounts receivable‚ trade 337‚000 Short-term investment in marketable securities 440‚000 Inventory of merchandise‚ FIFO 1‚295‚000 Prepaid expense (short term) 11‚000 Investment in Hydro One Bonds (Held to Maturity – June 30‚ 2008) 147‚000 Advances to suppliers (short term) 24‚000 Dividends
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CH. 18 – Introduction to Sales 1. What is a merchant under UCC Article 2? 252 A merchant is someone who routinely deals in the particular goods involved. The UCC frequently holds a merchant to a higher standard of conduct than a non-merchant. 2. What are the rules for different terms under Sec. 2-207? 256 If there is no clear oral agreement‚ the Code supplies its own terms‚ called gap fillers‚ which cover prices‚ delivery dates and places‚ warranties‚ etc. 3. What situations are covered by
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1. Give an example of a case that would fall under diversity jurisdiction. Explain all of the key elements of such a case. A federal court’s power to hear any case where the amount in controversy exceeds $75‚000 and no plaintiff shares a state of citizenship with any defendant. See 28 U.S.C. § 1332(a). Diversity jurisdiction is one of the two main types of subject-matter jurisdiction in federal court. Definition from Nolo’s Plain-English Law Dictionary The power of the federal courts to decide
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ii. Stakeholder One: Congress (Democratic Party) Since Democratic Party is the one who proposed this law‚ most Democratic senators supported the medical device tax law. Obviously‚ this law will make the implementation of Affordable Care Act become more easier. The Affordable Care Act will be successfully only when government has enough money. Moreover‚ although many medical device manufacturers asserted that this tax is harmful to their businesses‚ these senators think that this tax just a small
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