Legal‚ social‚ and economics of Business BUSN105-1302B-266 Unit 1. Individual project Terry McBride JUNE 16‚2013 The scenario in question gives us the portfolio of a person that likes to do things around the home and has come up with an idea that might benefit his/her home and perhaps other homes globally. Another version of this idea already exists on the market but the person believes his invention might further simplify and make the “appliance” more user friendly and safer. This
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Business organisations CRICOS Provider Code 00301 What to do this week • Attend a seminar and/or listen to the iLecture recording; • Read chapter 10 (pages 291 to 323 and page 331 only) and chapter 11 (pages 337 to 341) of Understanding Business Law; and • Do the E-tutorial ‘Choosing a Business Form - Noncorporate Business Arrangements’. CRICOS Provider Code 00301J Learning outcomes After completing this topic you should be able to: • distinguish the various business organisations that are
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importance of sole proprietorships in our economy. 2. Explore the advantages presented by doing business as a sole proprietorship. 3. Assess the disadvantages and dangers of doing business as a sole proprietorship. Key Terms And Definitions Angel Investors Affluent individuals (or groups of individuals) who provide capital to start-up and early-stage businesses. Entrepreneur A person who organizes a business and carries the risk of loss and reward of profit with it. Initial Public Offering (IPO)
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Business Law Essay Why you should pick Sole Proprietorship There are many aspects to running your own company. You are going to have to decide if you want a partner or you want to run the company alone. There are different forms of legal businesses‚ like Sole Proprietorship‚ Partnership‚ Corporation and Limited Partnership. They all have the aspect of running a business and choosing which one is right for someone starting a new company. When creating something new there are legal
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Teacher to Teacher Dialogue Agency law is very important in a basic undergraduate law course in that it represents a synergy of two otherwise distinctive bodies of law: contracts and torts. Because these topics are a precondition to a good foundation to agency‚ I never teach agency before having taught both contracts and torts. In addition‚ I have found it useful to remind students of the constant interplay that goes on between these two areas of law. For example‚ I will go through the creation
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org/wiki/Freeman_and_Lockyer_v_Buckhurst_Park_Properties_(Mangal)_Ltd Freeman and Lockyer v Buckhurst Park Properties (Mangal) Ltd From Wikipedia‚ the free encyclopedia Freeman and Lockyer v Buckhurst Park Properties (Mangal) Ltd [1964] 2 QB 480 is a UK company law case‚ concerning the enforceability of obligations against a company. Freeman v Buckhurst Park Ltd Contents 1 Facts 2 Judgment 3 See also 4 Notes 5 References 6 External links Court Court of Appeal of England and Wales Citation(s) [1964] 2 QB 480
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Business Scenario As discussed there are three different types of businesses‚ sole proprietor‚ partnership and corporations. With these businesses come many advantages and disadvantages that one will have to determine will best suit their own lifestyle. Starting a business is something very serious to plan and make sure you have the necessary financial backing to keep it running‚ and have the legal knowledge to keep yourself and organization covered. Lastly‚ if you have the knowledge and product
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Equal Employment Opportunity and Employee Rights Review Business environments today display diversity‚ a numerical composition that reflects different kinds of people‚ such as men and women of different ethnic origins‚ educational experiences‚ and professional backgrounds (Beamish‚ Morrison‚ Inkpen‚ & Rosenzweig‚ 2003). A vast amount of organizations are emulating a diverse workforce. Fair treatment of employees is the responsibility of the human resource management team within a firm. Footsteps
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recent hints proffered both by law reformers[2] and judges that it is necessary to reassess the policy balance struck by the imposition of personal liability on directors under the insolvent trading regime.[3] In this context the great import of the decision of the New South Wales Supreme Court in Hall v Poolman[4] (hereafter ‘Poolman’) cannot be overstated. The judgment of Palmer J treats‚ inter alia‚ several live and controversial issues going to the heart of company law and insolvency jurisprudence
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sector of business. With strengthening Asian currencies and lowering prices of aircraft‚ Asian buyers are given an edge to engage in acquiring leasing business. The shift of leasing form West to East is more apparent in Japan and China‚ where healthy stable economic growth persists and the needs of domestic and international aviation increases. The articles “Aircraft Leasing Shifts East From West” published by The Wall Street Journal Asia (2012) and “Jettisoning the Aircraft Leasing Business” by The
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