rights to provide independent judgement. However‚ at the same time directors must restrict their independence in a good faith to make decision that would benefit the company. Corporate opportunity factually explains that any business opportunity that could advantage a business (Law Cornell‚ 2010). Thus‚ corporate opportunity doctrine leads the legal duty of directors‚ officers and leading shareholders in a company‚ in the responsibility of loyalty‚ not to take any opportunity for their oneself deprived
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than $75‚000 in potential damages may be filed in a federal court. 2. ｂ : n the legal system of the United States‚ a long arm statute is a law which allows a court to exercise jurisdiction over people and companies in other states. owever‚there are a number of ways in which jurisdiction is limited. In the case of a long arm statute‚ the law involved is the law limiting personal jurisdiction‚ determining where people can be tried on the basis of their residence and connections. Normally‚ a court in
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Class: SUD1 Business Law Assignment 2 Law of Tort and Negligence Business Law Assignment 2 Law of Tort and Negligence Memo To: Padmanaban Badri Narayanan. From: Doan Le Khanh Vy (Ivy). Regarding: Report On Common Law. Date: 9th December 2012. I am Ivy from class SUD11‚ Sunderland of University. I write this memo to you in order to aid you comprehend my work easier. I have spent a great deal of time for this assignment. This is the first time I study law‚ so there a great
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deliberate intent to cause harm that exists when a person makes a statement with either knowledge of its falsity or reckless disregard of the truth. actual malice is required to establish defamation against public figures. appropriation In tort law‚ the use by one person of another person’s name‚ likeness‚ or other identifying characteristic without permission and for the benefit of the user. assault any word or action intended to make another person fearful of immediate physical harm—a reasonably
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Lakeview Developments is a development company which plans to demolish the house and build some apartments. The contract was signed by Nicole and was also signed ’for and on behalf of Lakeview Developments Pty Ltd’ by Anthony Blunt‚ who showed her his business card describing him as the ’Developments Manager’ of Lakeview Developments. Nicole has just been informed by the company that‚ as Developments Manager‚ Anthony did not have authority to enter into the contract and the company
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Business Law Name: Course: Instructor: Date: Business Law Legal Issue Both parties entered into a legally binding contract. The legal issue is a breach of contract. For a contract to be legitimate‚ it must have the following three elements; an offer must be made; there must be acceptance‚ and finally there must be consideration. Facts: The defendant entered into a legal agreement with the plaintiffs‚ Jackson Boris and Klara Koop. The defendant made an offer
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agreement during their employment. They both left CH20 and went to work for Meras. According to their non-compete agreement from MERAS v. CH2O‚ INC Northern District of California (2013) “after they ceased working for CH20 they would not work for “any business of similar nature to that of [CH20] which is in competition with [CH20]” for the period of three years” When Beriner and Sughroue went to work for Meras they violated their non-compete agreement by not waiting the specified three years before taking
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Business Law Introduction A business consists of trade of any profession or vocation. Business law looks at the formation of the business and the contracts plus legislations within it. The body of a business has rules and regulations that business law enforces enabling it to govern the transactions between business entities. In relation to that is commercial law. Marketing‚ Bankruptcy‚ contracts and trade in general are all under commercial law. In this assignment I will be assessing that
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1. Business law topics such as contracts‚ agency‚ and property are primarily governed by the common law. 1. True 2. False 2. In most states judges are appointed. 1. True 2. False 3. The rational relationship test is more exacting than the intermediate test. 1. True 2. False 4-6. Legislative law includes 4. City ordinances 1. True 2. False 5. The Uniform Commercial Code 1. True 2. False 6. The Restatement of Torts 1. True 2. False
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consumer goods (UCTA) will be explained. Lastly‚ Peter will be advised regarding this issue. 2. Peter v Salesperson Applicable Law 1: Issue This issue is whether the advertisement brochure is an invitation to treat. It is also important to note whether the exemption clause in the brochure makes the invitation to treat‚ permanent. Applicable Law Firstly‚ an invitation to treat is not an offer. It is an invitation for an offeror to begin negotiations‚ make an offer‚ but does not
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