1. What is a Contract? Classify the types of contracts with suitable examples. Ans. A contract is an agreement reached between two or more persons involving the exchange of some goods or services .There are some key requirements for the establishment of a contract: * An offer & an acceptance * ‘Capacity or the ability to understand the consequences of a contract by persons of such age prescribed by law & those with sound mind. * ‘Mutual consent’ or agreement on the terms of a
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Business Law 304 Case Study case brief---Gregory‚ a comedy writer‚ entered into a contract with Wessel‚ a comedian. The contract provided that Gregory would provide Wessel with a 15 minute monologue for his upcoming appearance on the comedy hour and Wessel will pay $250 to Gregory. All performers could make $500 per appearance on the comedy hour. and when Wessel was scheduled to aper on the comedy hour‚ Gregory informed him that he was unable to provide the monologue‚ because last time Wessel
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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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Family name: Student number: Signature: 76 29 D rI eUNIVERSITY OF TORONTO ad lo Faculty of Arts and Science n ow D ID: 6639 ECO206Y1Y (Microeconomic Theory) Instructor: Victor Couture and Rebecca Lindstrom Item Final Examination August 2011 9 Duration: 180 minutes (3 hours) 63 6 D mI Examinations Aids: te Non-Programmable Calculators I This examination paper consists of 16 pages and 8 questions. Please bring any discrepancy to the attention of
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Question 1 In this question‚ after the completion of the MRT train station‚ the owner of a building is attempting to raise the promised discounted rental fees back to the normal rate‚ as well as recover the accumulated discounted amount for the 3 years which he had promised Roy and other tenants‚ in order to deter them from moving out. So in essence‚ I will be discussing whether or not the owner is allowed to raise the rent back to the original amount‚ and also whether or not he can recover the
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court might find a similar case‚ though one not involving the Internet‚ and extend its application to the Internet. Through this process‚ existing law can be extended to apply to new situations. Difficulties can arise if courts extend the application of an existing law to a new area where there are crucial differences that make the application of the old law improper. The Jurisdiction of the Court% Steve often purchases office supplies from Supplymax. a company with stores in many states‚ but none
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Michelangelo Felix Management 491-002 Final Exam FINAL EXAMINATION INTERNATIONAL BUSINESS 491-002 Due Monday May 13‚ 2013 This exam has been handed out in class and posted on the class website on April 19th‚ 2013 and is due back as an e-mail attachment in Microsoft Word or pdf format or by fax (914-923-1416) by 11:55PM on Monday‚ May 13‚ 2013. Late submissions will be downgraded!
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Question 1 Explain in which way an agency may be terminated by operation of law. (3marks) Answer: An agency is created by express appointment when the principal appoints the agent by express agreement with agent. This express agreement may be an oral or written agreement between the principal and the agent. There are four factors can cause the termination by operation of law. i. Agency is terminated by frustration In Marshall v Glanvill‚ Glanvill who is a firm of drapers appoints
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example‚ practices the mixed legal system which includes the Common Law‚ Islamic law and Customary Law. Malaysia’s legal system comprises laws which have arisen from three significant periods in Malaysian history dating from the Malacca Sultanate‚ to the spread of Islam to Southeast Asia‚ and following the absorption into the indigenous culture of British colonial rule which introduced a constitutional government and the common law. Malaysia’s unique legal system is designed to balance the delicate
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NAME: ___________________________ Leadership and Technology Final Exam Spring 2013 True/False Indicate whether the statement is true or false. __F__ 1. A good leader takes complete command and control of their team members. __F__ 2. When using Foursquare‚ you must be in the general vicinity of a location to earn points with a check in? ___T_ 3. Foursquare makes the real world easier to navigate. It allows you to up with friends‚ discover new venues‚ save money and unlock keep deals. _T___ 4. Foursquare
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