Essentials of Business Law Chapter 29 – Questions 5 & 8 Q5. Palmer made a valid contract with Ames under which Ames was to sell Palmer’s goods on commission from January 1 to June 30. Ames made satisfactory sales up to May 15 and was about to close an unusually large order when Palmer suddenly and without notice revoked Ames’s authority to sell. Can Ames continue to sell Palmer’s goods during the unexpired term of her contract? Once Palmer initiated the revocation of Ames’s authority
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Name: Khushboo. P. Chandiramani & Bharath anil Id no.: 6875 & 6727 Assignment: Report on Siamese twins (Jodie and Mary) Word count: 2000 words Course: Business Law Submission on: 25th April‚ 2010 Professor: Mrs. S. Sultana Introduction Much of the history of humankind has been taken up with the advancement of the possible‚ and the present day is no exception. What is novel is that the extensions of what it is possible to do‚ from more efficient ways of killing people to the
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Gonzalo Prando Business law September 24‚ 2014 Chapter 5 and 6 5.3 Did Indiana Bell or Indianapolis Power breach their duty of care to Jacobs and proximately cause his death? No‚ Indiana Bell and Indianapolis Power are innocent and did not cause the death of Jacobs. When Indiana Bell and Indianapolis Power put up the polls they did not think that someone would drive double the speed limit and lose control and hit both telephone poles. The poles were twenty-five feet away from Edgewood Avenue. Twenty-five
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University of Phoenix Material Business Forms Worksheet There are seven forms of business: sole proprietorship‚ partnership‚ limited liability partnership‚ limited liability company (including the single member LLC)‚ S Corporation‚ Franchise‚ and Corporation. 1. Research and provide three advantages and three disadvantages for each business form. 2. Provide a 100- to 200-word summary in which you provide an example business that you would start for each form. What is legally necessary to file
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Butterfield v. Forrester Factual Situation: 1809‚ Butterfield‚ plaintiff was riding and struck an a pole placed in the road by Forrester‚ defendant‚ at approximately 8 PM; sued for damages Witness testified that pole was visible at 100 yards with light at that time‚ and that Butterfield was riding recklessly Trial court: jury instructed that if an individual riding with reasonable care could have avoided the pole and that Butterfield was not riding with care‚ Forester should win Trial Court
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Chapter 1 The Contracting Business Business Fail Poor Planning and management Poor sales‚ high operating expenses‚ no invoice collection‚ too many fixed assets‚ inventory problems‚ poor location‚ fraud Business Plan Planning Tool Loan or Investor Document Benchmaking Tool Cover page‚ executive summary‚ company summary‚ products/services‚ market analysis‚ marketing strategy‚ financial plan Pitfalls Realistic Assumptions Simple Language Risks as well as opportunities Analyze
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CHAPTER 21: WARRANTIES AND PRODUCT LIABILITY A warranty is an assurance by one party of the existence of a fact on which the other party can rely. WARRANTIES: Several types of warranties: (1) warranties of title‚ (2) express warranties‚ (3) implied warranties. 1. WARRANTIES OF TITLE: 3 types of title warranties- good title‚ no liens‚ and no infringements-can automatically arise in sales and lease contracts. Sellers warrant they have good and valid title; if buyer learns they don’t the buyer can
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The Nature of Law True / False Questions 1. The U.S. Constitution recognizes the states’ power to make law in certain areas. True False 2. Uniform acts are model statutes drafted by private bodies of lawyers and/or scholars; they become law only after legislature enacts them. True False 3. The Restatements usually state binding common law rules‚ promulgated by the American Law Institute. True False 4. Common law is a state law and hence only the state courts
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in goods to the buyer for a money consideration‚ called the price”. The definition is proved in “Sale of Goods Act 1979”‚ Part II – “Formation of the contract”‚ section 2 – “Contract of sale”‚(1) The “Sale of Goods Act 1979” is part of the civil law. This means that problems you have with any goods you have purchased are not a criminal matter‚ so the police will not be involved. You have to
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Legal Forms of Business Choosing a form of business for a product or type of service depends on the liability an individual is willing to assume‚ how much involvement an individual wants in the day-to-day work‚ and how much control an individual wants over the business. Prior to making a choice‚ an individual must understand each form of business as well as the risks and rewards for each. There are numerous forms of business‚ including sole Proprietorship‚ Partnership‚ Limited Liability Partnership
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