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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New Look is a company with over 18‚493 employees worldwide as of 2017 but vacancies can occur. There is a number of reasons why people would leave the company one of which being that they simply get a better job that suits them more. If someone is not happy with their contract hours they could leave to get more hours as New Look only have a certain amount of contracts with higher hours to offer. Students tend to be on 4-hour contracts and at certain times of the year like January can be hard to get
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International Business Law Chapter 4 Study Guide (Group 8) Under frustration of purpose clause‚ a contract may be excused if the reason for entering the contract has been changed or has been invaluable. If the valuable part of the contract‚ for example a well known concert singer‚ has become ill‚ the contract may be excused due to the illness of the valuable part‚ the singer‚ of completing the contract. Valid Contract: an agreement that contains all of the essential elements and meets all
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LIABILITY OF DIRECTORS A director plays a vital role in a corporate organization. They manage the business‚ design business policies and select the officers. Liability of the directors is a crucial aspect where a director is expected to be honest‚ vigilant and protect the shareholders trust in him. Shareholders own the corporation and elect the board of directors whose approval is required for major corporate actions. Liability comes into picture when directors or officers tend to cause financial
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Cuong Khong Bill Tennyson/ Business Law January 24‚ 2013 BRIEFING CASES… COMMONWEALTH v. BERGGREN 398 Mass. 338 (1986) Supreme Judicial Court of Massachusetts‚ Barnstable. May 6‚ 1986. August 26‚ 1986. ============================================================================ FACTS: On March 29‚ 1983‚ about 8:28 P.M.‚ Patrolman Michael Aselton of the Barnstable police department was on radar duty at Old Stage Road in Centerville. He saw the defendant’s motorcycle speed by him and commenced
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1. An exemption is a clause in a contract that exempts or removes liability from one or both parties in certain circumstances. Exemption clauses are used frequently in business organization contract. These clauses apportion risk between the parties concerned and the law upholds them‚ assuming the parties negotiated them while drafting the contract 2. The two ways in which exemption clauses can be incorporated in a contract are: (1) Incorporation by notice and (2) Incorporation by signature
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---- ------- Business Law Take-Home Final Essay When asked “what can Moon‚ Inc do to get its money from Bob Zimmerman?” I would address it by saying if Zimmerman doesn’t pay off what he owes then according to the mortgage contract Zimmerman would foreclose his house and Moon‚ Inc. would have the right to bid first. My reasoning is that initially the mortgage was taken out for the house and Zimmerman paid back loans toward the bank. If Zimmerman doesn’t pay then the house is foreclosed and the
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The regional economic system consisted of New England‚ the Middle Colonies‚ the Southern Colonies‚ and the Caribbean. “Social and economic changes tend to reinforce the differences…while important cultural and political developments tugged in the opposite direction…” (Roark 2012‚ 4). This is just an explanation that this economic system had reasons that kept them unified but they had many factors that separated them from each other through the way each system developed in its own way. Chief products
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The New Poor Law what were the Aims and Motivations This essay is looking to explain the aims of and the motivations behind the 1834 Poor Law Amendment Act‚ also the links to the Emancipation Act‚ Malthusian and Benthamite influence on the Act. The outcome on history will not change but just maybe a clearer understanding of the reasoning behind the changes. The first thing to look at is the amended Act itself presented by Nassau Senior and Edwin Chadwick the report took the view that people
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Prospecting Ltd). The appellant company was the holders of certain mining leases in respect of deposits of iron ore. They did not work these deposits themselves but allowed them to be worked on tribute by another company named Kepong Mines Ltd. Their business in practice would seem to be confined to collecting the tribute and distributing it to their shareholders after making arrangements in respect of income tax. Schmidt claimed that he was entitled to receive certain payments in respect of all ore won
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