1. Describe each law in your own words. Illustrate with a practical example. Glass’ law Requirement deficiencies are the prime source of project failures. (Endre & Rombach‚ 2003) Requirements are the basic Phase which lead to the development of a project. In fact‚ it is the first step for any project The main problem in a project failure is the lack of requirements. The common requirement error is due to human (i.e lack of Communication between customer and the analyst)‚ software‚ etc
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if management thinks it’s warranted.” Profits remain high‚ but no bonus is paid. If the employees sue‚ would a court enforce the promise? The fact that a promise has been made does not mean the promise can or will be enforced. Under the common law‚ a primary basis for the enforcement of promises is consideration. Consideration usually is defined as the value (such as cash) given in return for a promise (in a bilateral contract) or in return for a performance (in a unilateral contract) Something
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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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Any Kind 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
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Sale of Goods Ordinance‚ Cap 26 shall apply in this case given the fact that the motorcycle seller sold the second hand motorcycle to Sam as a course of business‚ a legally binding contractual relationship for sale of goods was established although there was no information as to whether Sam bought the motorcycle was for business or private use. Besides‚ the car shall be defined as goods under (s.2(1)) of the aforesaid ordinance. The motorcycle seller was in breach of the implied conditions in
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Recap of what we covered last class Nine Step Model of Design Process 1. Recognizing the need 2. Defining the problem 3. Planning the project 4. Gathering information 5. Conceptualizing alternative approaches 6. Evaluating the alternatives 7. Selecting the preferred alternative 8. Communicating the design 9. Implementing the preferred design 1 Hyman/Chapter 1-Introduction to Engineering Design/Rev. 6/24/02 Lecture 3 Problem Formulation Chapter 2 1. Recognizing the need
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Describe the Business Research Process The business research process is an organized approach to studying all aspects of a business‚ the market‚ and its customer base to assist in making wise business decisions. The process consists of a logical flow of steps to arrive at a management decision. Step 1 begins with a management dilemma requiring further research. Once the research question is clarified through exploration the next step begins. Step 2 is proposing research‚ or data collection
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Article Business Process Modeling- A Comparative Analysis* Jan Recker Faculty of Science and Technology Queensland University of Technology j.recker@qut.edu.au Michael Rosemann Faculty of Science and Technology Queensland University of Technology m.rosemann@qut.edu.au Marta Indulska UQ Business School The University of Queensland m.indulska@business.uq.edu.au Peter Green UQ Business School The University of Queensland p.green@business.uq.edu.au Abstract Many business process modeling
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Deriving Use Case Diagrams from Business Process Models Remco M. Dijkman University of Twente‚ Faculty of Computer Science P.O. Box 217‚ 7500 AE Enschede The Netherlands dijkman@cs.utwente.nl Stef M.M. Joosten Ordina Finance Utopics‚ and Open University of the Netherlands P.O. Box 2960‚ 6401 DL Heerlen The Netherlands joosten@anaxagoras.com Abstract In this paper we introduce a technique to simplify requirements capture. The technique can be used to derive functional requirements‚ specified in
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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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