Business & Company Law – ’11-’12 – Question 1 Introduction: Whenever a contract is to be formed‚ there are certain elements which should meet the requirement in order for it to be established. They are offer‚ acceptance (agreement)‚ consideration and intention. * Definition: Agreement – Is formed when an offer is made and accepted. * Communication: Must be communicated * Except in the case of a unilateral contract. * Two types of Communications: * Instantaneous
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etc... Intellectual property can be created by you or you can pay someone to create it for you. Intellectual property is protected by trade secrets‚ patents‚ trademarks and copyright laws. Each of these laws covers a specific type of intellectual property. History of Intellectual Property Law Intellectual property law dates at least as far back as medieval Europe. In those times‚ “guilds‚” or associations of artisans in a particular industry‚ were granted authority by the governments to control the
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Business Law - Exam #2 - Chapters 5-7 True/False Indicate whether the sentence or statement is true or false. _T___ 1. Some torts are crimes. __F__ 2. The victim must actually suffer offensive contact before he or she can succeed in a cause of action for assault. __T__ 3. A battery occurs only if the victim suffers actual physical harm. __T__ 4. Slander involves the oral communication of defamatory language. __T__ 5. Oral defamatory statements must be communicated to a third party
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Advertising Law: You’ve got a great product or service to sell‚ and you’re anxious to begin promoting it to potential customers. To make sure the claims you make about your offerings are truthful and to protect consumers‚ all businesses have to comply with advertising and marketing laws. Employment & Labor Law: Bringing employees on board to work in your business is an exciting milestone. You’ll want to ensure that you are conducting employment processes in accordance to the laws. Finance Law: Healthy
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Environmental or Ecological 1.2 Law Law – the total of rules at a certain point in time within a territory and or market‚ which companies and stakeholders must or can implement and which are created and enforced by bodies with the authority thereof Positive law – the sum of all legal rules in effect Jurisdiction – the geographical area over which an administration exercises legal authority Mandatory legal rules – the law does not allow any deviations (must) Supplementary law – applies only when parties do not arrange otherwise (can)
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Phase 2 Individual Project - International Law and Business The Legal and Ethical Environment of Business Professor Lisa Smart Francisca Smith September 03‚ 2012 Abstract Just about all of our companies in the United States do business worldwide. Many companies trade and work with companies that are in a variety of other countries and conduct international business. My company is currently engaged in business activities both nationally and internationally. We have heard that a few of the
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Law And Business Decisions Mustafa Q. Faisal Southern New Hampshire University Jan. 2015 Abstract In this paper‚ I will illustrate the impact of employment law on the business decisions‚ and how the employment law prevents the business owners and managers to make decisions inside the organization regarding the hiring‚ payment‚ promotion‚ and layoff based on the race‚ sex‚ religion‚ and age. I’ll discuss the impact of the government policies on the location decisions of businesses‚ and how the
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Business law | CASE STUDY ONSESAMWARE | | | | | SUBMITTED BY:Randeep SinghVarinder GillLovedeep Singh | CASE STUDY History Sesamware is a Japanese software company which is very popular for open source software. Sesamware got international approval with an online multiplayer fantasy dimension game‚ Para World in mid-1990. Para world was very popular in the world between 2001 and 2004. Firstly‚ it was installed as part of the bundle downloaded by hundreds of millions of gamers around the
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a judge‚ will most likely apply the statute. A state constitution is supreme within the state’s borders. True A state law that conflicts with the U.S. Constitution will be deemed unconstitutional. TRUE A substantive law creates or defines legal rights and obligations. True As a judge‚ Jay applies common law rules. These rules develop from
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Steven Westgate BUS345.01 Business Law I Chapters 9‚ 10‚ 11‚ 12‚ 13‚ 14‚ 15‚ 16‚ 17‚ and 18 Professor Sappington November 3‚ 2003 1) This would indeed be a contract called an implied-in-fact contract. This is a contract that is implied from the conduct of the parties. Unlike other contracts‚ the contract was created through the conduct of the parties‚ not through words. This is what Miller and McCleskey have done. The parties both agreed through their
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