Business Law What is Business Law? Businesses interact in many and varied ways. To name just a few types of business transactions‚ there are contracts‚ mergers and acquisitions‚ leasing‚ etc. How these transactions are carried out is overseen by Business Law. Additionally‚ how businesses are formed is a large part of Business law. This area of law is very wide-ranging‚ although it deals primarily with defining the rights and responsibilities of businesses‚ rather than enforcing these laws. Because
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Business Discussion You own University Heights Apartments‚ a business that rents primarily to students. One evening‚ your tenant Sharon is attacked by an intruder who forces the lock on the sliding glass door of her ground-floor apartment. Sharon’s screams attract the attention of Darryl‚ your resident manager‚ who comes to Sharon’s aid. Together‚ he and Sharon drive the intruder off‚ but not before they both are badly cut by the intruder. 1. Is the intruder liable for what he has done? a. Yes
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Section B Case study 1 The study case states that Anthony and his wife were estranged‚ but Anthony wanted his wife can return home. Therefore‚ Anthony promised to transfer the matrimonial home into her name. They had saw a lawyer‚ and prepared and signed a formal agreement. However‚ after returning home more than one year ago‚ Anthony refused to keep his promise‚ so his wife wants to get advice to get the house. Therefore‚ relating to the above scenario is the case of “letter of comfort”.
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CHAPTER 1 THE PROBLEM AND ITS SCOPE 1.1 Introduction Laundry business is a strong and energetic business‚ its only biggest threat is the competition. Laundry shops are easily managed through the use of new high technologies. Take note of the service‚ it comprises of the use of detergent soaps to be used for the clothes‚ the water consumption‚ space to be saved by the costumers especially students who are living in a boarding houses and apartments in hanging their clothes to dry and the time that
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Employee Monitoring and Legal Liability 1. Employers can bear legal responsibility if they do not adequately monitor their employees. This is why sometimes extreme measures are taken to keep track of employee’s computer usage. There is a case from New Jersey several years ago in which a company was held liable by an appellate court because an employee transmitted child pornography from his workplace computer. The court ruled this way because the employer had a policy which stated that all email
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CHAPTER 1—MANAGEMENT: AN OVERVIEW TRUE/FALSE 1. The manager’s job is a science where they work systematically and analytically and relying on intuition or judgment is not appropriate. ANS: F PTS: 1 REF: 5 NAT: AACSB Analytic: Leadership Principles 2. Organizations provide the means for societies to meet their needs. ANS: T PTS: 1 REF: 6 NAT: AACSB Analytic: Environmental Influence 3. Managers must be able to sense the need for change in themselves‚ the need for change in
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written law in the society It is important because rules need to be established in case someone breaks them (and people tend to). If they aren’t written‚ smooth-talkers will be able to talk their way out of punishment while less charismatic people will be punished more severely‚ and some judges will be far kinder than others (warning versus jail term). It is also harder to say "we need to punish domestic crimes more severely" when there is no set rule or punishment. Simply put‚ written laws are required
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What is a contract? A contract is an agreement enforceable by law. 2. What is an agreement? An agreement is an arrangement between parties that creates legal obligations between them. Generally an agreement is said to be arrived at when an offer or proposal made by one person is accepted by another‚ with the intention of creating mutual obligations between them. 5. What are the essential features of a contract? Minimum two parties :- Atleast two parties are needed to enter into a contact
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Assignment Question Part B John Weston Foakes v Julia Beer (1884) UKHL 1‚ (1881-85) All ER Rep 106‚ (1884) 9 App Cas 605; 54 LJQB 130; 51 LT 833; 33 WR 233 http://www.bailii.org/uk/cases/UKHL/1884/1.htmlAtlas Express v Kafco (Importers & Distributors ) Ltd (1989) QB 833 http://en.wikipedia.org/wiki/Atlas_Express_Ltd_v_KafcoAmalgamated Investment Co v Texas Bank (1982) Q.B http://www.bailii.org/ew/cases/EWCA/Civ/1965/3.htmlBusiness Law‚ by Robert W. EmersonPublished by Barron ’s Educational Series (2004)
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Two Types of Employment There are two categories of employment available to people: to be an employee or to be self-employed. These two types of employment are known as a ‘contract of service’ and a ‘contract for service’. Someone under a ‘contract of service’ refers to a person who is‚ for example a person working in a supermarket as a shop assistant is under a ‘contract of service’. In contrast‚ someone under a ‘contract for service’ refers to a person who is self-employed (also known as an ‘independent
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