likelihoods of product default. The seller sometimes may claim these warranties impliedly or expressly. They also may disclaim warranties or restrict buyers to a few requirements to qualify for a warranty. A warranty is a promise‚ arising by operation of law‚ that something that is sold will be merchantable and fit for the purpose for which it is sold. Express warranties: need to be communicated by words to the consumer by the seller. The seller can communicate the agreement in a written contract or
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Resolving Ethical Business Challenges Chapter One 1. What are the potential ethical issues faced by Acme Corporation? Acme is essentially bribing buyers to purchase their products. This could backfire on them if the buyers company gets wind of it. The reaction of the company may be to fire their buyer and cut off Acme all together. This of course could be potentially fatal for Acme in two ways‚ one by damaging their infrastructure though lost revenue and two by damaging their corporate
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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 had been in
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Week 1 Quiz. Two points each 1. In a corporation‚ the Chief Financial Officer (CFO) usually reports to the: a. Treasurer b. Controller c. Chief Operating Officer (COO) d. VP of Financial Planning 2. The primary factor that separates the corporate form of business from partnerships and sole proprietorships is: a. Corporations are larger than partnerships and sole proprietorships b. The owners of the corporations get to keep all of the profit c. The owners of corporations run the business and
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MKTG308 CUSTOMER RELATIONSHIP MANAGEMENT TUTORIAL 3 - CONSUMER BEHAVIOUR 2 WEEK 4 (Week Commencing Monday 18th March) Discussion Topic/Questions: All students should formulate a written response to these discussion questions although submission of these question answers is not required. Consider the following article: ------------------------------------------------- NAB and CBA trump rivals in Satisfaction ------------------------------------------------- Date: December 17‚ 2012 -------------------------------------------------
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registered under the law (if any) for the time being in force for the registration of such documents‚ and is made on account of natural love and affection between parties standing in a near relation to each other. In other words‚ an agreement made on account of natural love and affection is binding if the following requirements are present: It is expressed in writing; It is registered (if applicable); and The parties stand in a near relation to each other --- Tan Soh Sim‚ Chan Law Keong & Ors v
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1. What are the three economic questions all societies must answer? 2. What is the main way governments get the money they need to operate? 3. What are examples of U.S. exports? 4.What is one way the Fed protects consumers? 5. What is the greatest source of revenue for the federal government? 6. Which body of the UN deals with immediate threats? 7. In response to the attacks on September 11‚ 2001‚ whom did the United States attack? 8. What is one reason that a company might file an injunction
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Week Four: Testing in the Business/Operational Product Line Details Objectives 1.1 Design testing procedures of a computer application information system. 1.2 Identify sources of accessibility‚ guidelines‚ and standards of testing. 1.3 Describe the prototype process and environment. 1.4 Explain integration into information system production environment. Reading Read the Week Four Read Me First. Reading Read Ch. 8‚ “Improving Supply Chains and Strengthening Customer Relationships Using Enterprise
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Week 4 Tutorial - Types of Business Associations Partnership Complexity The process of establishing a partnership is informal and inexpensive. Commonly established under a written contract but at times can be established simply without any express oral or written consent‚ so long as it satisfies the definition outlined in section 1.1 of the partnership act: “Partnership is the relation which exists between persons carrying on a business in common with a view of profit” Advantage(A) Enjoys
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Remember that these questions were designed to help guide the analysis you might do to develop appropriate recommendations. You need to focus on identifying and solving the major problem(s) in the case. Make sure you understand WHY you’re doing each analysis and how you will use it to guide your recommendations. GOLIATH PRODUCTIONS – QUESTIONS The CEO of Goliath Productions has hired your consulting firm to produce a report on this possible breach of contract case‚ including recommendations
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