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    Business Law Final

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    fall on and injure a passing motorist‚ Jim. Can Jim recover in negligence from Ruth? Why or why not? Negligence occurs when someone suffers injury because another’s failure to live up to a required duty of care. Negligence is an unintentional tort‚ which the tortfeasor neither wishes to bring the consequences of the act nor believes that they will occur. In this case‚ we have one negligences: Ruth left her car in neutral‚ and one strict liability: the barn’s owner have dynamite. The first

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    Business Law Today

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    1- Contract law provide rules to determine which contract terms will be enforced and which promises must be kept. True or False 2- A is an assertion that something either will or will not happen in the future. A: 3- A contract needs two requirement and Agreement is required to form a contract‚ regardless of whether it is formed in the traditional A: 4- which is generally defined

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    Business Law I

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    Business Law I Assignment 3 Spring Term B BU 206-8A Instructor Problem 8-1 page 232 1). Consideration. Daniel‚ a recent college graduate‚ is on his way home for the Christmas holidays from his new job. He gets caught in a snowstorm and is taken in by an elderly couple‚ who provide him with food and shelter. After the snowplows have cleared the road‚ Daniel proceeds home. Daniel’s father‚ Fred‚ is most appreciative of the elderly couple’s action and in a letter promises to pay them $500

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    Business Law study guide

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    Business Law Midterm Chapter 1 - Nature of Law and Legal Rights * Legal Rights: rights (legal capacity to require another person to perform or refrain from performing an act) and duties (obligation of law imposed on a person to perform or refrain from performing a certain act) coexist. * Individual right: any statutes‚ ordinances‚ or court decisions cannot violate the rights given in Constitution. * The Right of Privacy: Fourth Amendment (only search under reasonable suspicion) and protecting

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    Business Law: An Introduction Learning Outcome 1 1. Identify & describe the source of legislation that are binding in Scots Law and quote at least one example. Legislation comes in 4 main sources in Scotland; UK Parliament‚ Scots Parliament‚ European Union and delegate legislation. UK Parliament Laws that are passed by Parliament come from proposals that are made by the Government. These proposals aim to shape society or address certain problems. Once such proposals have been

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    Assessment 1: Individual Assignment Question 1 (a) Consideration is one of the four main elements to be present in order to have a legally binding contract. Consideration can be anything of value (such as an item) which each party must agree to exchange for the contract to be valid. For consideration to be sufficient‚ both parties have to have an agreement. If only one party agrees to it‚ then the agreement is not consider a legally binding contract. Something must be given or promise in exchange

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    Agency: Business Law

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    Business Law Tutorial 11 1. [ Refer notes - creation of agency ] 2. [ Refer notes - Duties of Agent to Principal ] 3. [ Refer notes - Duties of Principal to his Agent ] 4. 4 remedies available: Principal may repudiate the contract - Section 168 Contracts Act‚ 1950 Principal may recover the bribe from agent - Section 169 Contracts Act‚ 1950 Principal may refuse to pay commission to Agent Principal may dismiss agent for breach of duty 5. [ Refer notes - Termination

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    Applied Business Law

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    Applied Business Law – 27 Individual Work 1 Jessica Gaskins You are an employee at a nice paper mill and want to impress the boss by burning the midnight oil (but not too close to the wood pulp). For four consecutive weeks‚ you work forty-five‚ forty-two‚ thirty-nine‚ and thirty-one hours. If you are a nonexempt employee covered by the Fair Labor Standards Act‚ how many hours of overtime pay‚ if any‚ would you be entitled to? What would be the rate? The Fair Labor Standards Act of 1938 is

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    Law Business Court

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    Federal court The Federal Court is the highest judicial authority in the country. It was established pursuant to Article 121(2) of the Federal Constitution. Its decision binds all the courts below.  The Federal Court hears appeals from the Court of Appeal. Leave to appeal must always be obtained prior to proceeding with the appeal. The Federal Court is headed by the Chief Justice. According to Article 122(1) of the Federal Constitution‚ the Federal Court shall consist of the Chief Justice‚ the President

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    Richard misses his plane from London to Paris. Ryan takes him there by car. As he gets out of the car‚ Richard promises to pay Ryan $1000 for his efforts Issue: Is there any consideration for the promise made by Richard? The Law: Every contract requires an offer‚ acceptance‚ and consideration.  Consideration is the exchange of benefit and detriment‚ for example‚ the making of a promise in exchange for an act.   If a party voluntarily acts and then the other party makes a promise‚ the act is

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