Harry (H) who is the father of James (J) is attempting to sue J for a breach in contract and is seeking damages of $30‚000 which he believes is the outstanding amount that is owed to him by J. This case touches on the fundamental concepts of contract law where H can only claim damages if the formation of a valid contract between the two parties is evident via the elements of a contract‚ including intention‚ agreement‚ consideration‚ legal capacity‚ genuine consent and legality of objects must be established
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Legal Underpinnings of Business Law OMM 670: Legal Environment February 25‚ 2013 Legal Underpinnings of Business Law Business | Type of Business | Liability Exposure | Compare | Contrast | Tinker’s Home Security Service | Sole proprietorship | Unlimited | Monetary rewards are from both the Proprietor & business | Sole Liability | Tinker & Tailor’s Home Security Service | General partnership | Unlimited | All partners are responsible whether silent or active | If you are
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information website. Jimmy Wales‚ founder says this about his website‚ “Wikipedia is something special…‚ it is a place we can all go to think‚ to learn and share our knowledge with others” (Wikipedia‚ 2012‚ p1). This resourceful tool has up-to-date news‚ press releases‚ and it provides its users with the convenience to various languages. In this paper team C will debate on supporting arguments for Wikipedia and opposing arguments if it is credible and a valid source of information. Supporting Arguments
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The legal environment of business and online commerce: Business ethics‚ e-commerce‚ regulatory‚ and international issues. (5th ed.). Upper Saddle River‚ NJ: Prentice Hall. Cooper‚ S. B. (2006). Case Scenario: Grocery‚ Inc. Retrieved from the University of Phoenix‚ Week Four‚ Resource‚ BUS 415 – Business Law Course Web site: https://ecampus.phoenix.edu/secure/resource/resource.asp. Lawyers.com. (2009). Getting Out of a Contract. Retrieved September 4‚ 2009‚ from http://business-law.lawyers.com/Getting-Out-of-A-Contract
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Jessica Schmitt Business Law Chapter 15: 8. Sears‚ Roebuck and Co promised to give Forrer permanent employment‚ so he sold his farm at a loss to take the job. But shortly after beginning work‚ he was discharged by Sears who claimed the contract could be terminated at will. Forrer claimed that the promissory estoppel prevented Sears form terminating the contract. Under promissory estoppel a promisor may be prevented from asserting that their promise is unenforceable because the promise gave no consideration
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that you will subsequently create. It is basically a business plan with some technical aspects that detail how a website can benefit a specific business and how the website will look‚ feel‚ and run. Essentially‚ you are trying to sell someone on the idea of having a website created for their business where you are the website creator and administrator. Think of the plan as a ‘pitch’ to a potential client‚ showing off your knowledge of their core business and
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General Introduction and Comparision of Contract Laws between China and America Name: Yingxi Pu 1 Contents I. Concepts and Features of Contract and Contract Law A. Concept and Features of Contract 1. Concept of Contract 2. Features of Contract B. Concept and Features of Contract Law 1. Concept of Contract Law 2. Features of Contract Law II. Comparison of Development History and Textural Difference between Chinese and American Contract Laws A. Different Development Histories of Contract Legal
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Nicholas Business Law Sanders Professor Dennis 9/16/09 District Court of appeal of Florida‚ fourth district‚ 2007 U.S. 946 So. 2d 115 Issue: Should a plaintiff be awarded a case for negligence while being hurt in the owner’s night club‚ knowing that there was a tradition stating that napkins are allowed on the floor dry or damp and anything could happen? Decision: No‚ Florida state court specified that she knew about the risks going into the c‚ lub‚ and also denied her the right
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Business Law Can Big Bank’s president rescind the contract? Yes‚ but this is an involved process and both parties need to agree to modify it. This is because both parties had problems fulfilling their parts of the contract. Also‚ an organization (the Big Bank) can cannot eradicate the business contract‚ because since their party did something improper (that seems to be them whom input the data incorrectly). Under what circumstances can a contract be rescinded by either party? This can happen when
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ANSWERS TO AICPA QUESTIONS CHAPTER 10 INTELLECTUAL PROPERTY RIGHTS AND THE INTERNET 1. (a) Computer software is covered under the general copyright laws and is therefore usually copyrightable as an expression of ideas. Answer (b) is incorrect because copyrights in general do not need a copyright notice for works published after March 1‚ 1989. Answer (c) is incorrect because a recent court ruled that programs in both source codes‚ which are human readable‚ and in machine readable object
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