Question 1: Issue The issue of this question is whether Samuel willingly entered into a legitimate sale of goods contract with the shop in Orchard Road. Rule of Law The law on this issue is found in the common law and under stature law. In Preston Corporation Sdn Bhd v Edward Leong (1982)‚ an offer was defined as a willingness to be bound by the terms of an agreement. Therefore‚ it is clearly stated that Samuel is willingly and has agreed to enter into a contract by signing on a receipt
Premium Contract Tort Law
The CEO of Goliath Productions has hired your consulting firm to produce a report on this possible breach of contract case‚ including recommendations. Use the report writing guide from the course website. In your analysis of this case include answers to the following questions: Q. 1. Did Goliath breach the contract? Specifically discuss whether the showing by a competitor movie chain in Toronto constituted a violation of the Goliath/Giant agreement. Q.2. Assuming the contract is valid
Premium Contract Generally Accepted Accounting Principles Income statement
Victoria Brock Professor Martin S. Varon BLAW 2200- Section 6 21 October 2014 To find your answers www.gabar.org/barrules/ethicsandprofessionalism/index.cfm1- What types of rules are the Georgia Rules of Professional conduct? Rules of reason 2- Should a lawyer abide by the client’s decisions in all matters of representation? Yes‚ a lawyer shall abide by the clients decisions in all matters. 3- What client information should a lawyer keep confidential and what is the maximum penalty for violating
Premium Lawyer Judge Law
thefreedictionary.com. The duties are a series of common law‚ statutory‚ and equitable obligations. The duties are analogous to duties owed by trustees to beneficiaries‚ and by agents to principals. Directors owe duties to the corporation‚ and not to individual shareholders‚ employees or creditors outside exceptional circumstances. The duties of a director are divided in two sections‚ the common law duties and the statutory duties of directorship. Common law duties; Duty of Good Faith The most general obligation
Premium Corporation Corporate governance Types of business entity
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
Premium Contract
BUSN115 Final Exam Study Guide The BUSN115 final exam is 3 pages long. It is a timed exam worth 250 points that you may enter only once. You have 3.5 hours to complete the exam. It consists of 30 multiple choice questions worth 5 points each. There are 5 essay questions worth 20 points each. Be sure to save and save often while you are working on the exam‚ and submit the exam when you are finished. To earn full credit your response to each essay question should answer the question completely
Premium
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
Premium Law Business
STR 581 Final Exam Set 5 / 100% correct answers http://www.homeworkmarket.com/content/str-581-final-exam-set-5-100-correct-answers 1) A ________ is a set of procedures and sources managers use to obtain everyday information about developments in the marketing environment. A. marketing research system B. marketing intelligence system C. vertical system D. product management system E. marketing information system
Premium Psychology Arithmetic mean Normal distribution
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! This is an open book test and you may discuss an answer with
Premium Foreign exchange market United States dollar Exchange rate
Executive Summary Various issues in the common law arise when agents make contracts on behalf of principals. Should a principal be bound when his agent makes a contract on his behalf that he would immediately wish to disavow? The tradeoffs resemble those in tort‚ so the least-cost avoider principle is useful for deciding which agreements are binding and can unify a number of different doctrines in agency law. In particular‚ an efficiency explanation can be found for the undisclosed-principal rule
Premium Contract