Business Law and Ethics Review Notes Lecture 1 Profit affect business decisions‚ but do we really have a free market to conduct our business in? BUSINESS DECISIONS Internal Forces Type of Business Structure Ethics CSR Corporate Governance External (Legal) Forces Contract Law Agency Tort Law Consumer Law External (Structural) Forces Legal System Dispute Resolution Regulation Ethics: Concerned with how we should behave‚ and involves theories that describe the ‘right’ way to make
Free Common law Law Supreme Court of the United States
CONTRACT LAW- EXAM NOTES What is a contract? An oral or written agreement between two or more parties which is enforceable by law. This agreement ‘will be legally binding if certain criteria are met – briefly‚ they require that there be an agreement (comprising an offer and acceptance)‚ consideration‚ intention to create legal relations‚ compliance with any formalities required by law and that the parties have the legal capacity to contract’1 What is the purpose of contract law
Premium Contract
Unit 5: Aspects of Contract & Negligence for Business | By Abdul Mir: FCS#307035 | Mark & Jodie Jones | Contents Task 1: Formation of a Contract 3 Offer & Acceptance 3 Acceptance 3 Modes of acceptance & E-Contracts 4 Consideration 4 Intention to Create Legal Relation 5 Capacity to contract 5 Blue Chip v Evershed 5 Task 2: Exclusion & Limitation Clauses 6 Contractual Terms 7 Conditions 7 Warranties 7 Innominate Terms 7 Advantages&Disadvantages
Premium Contract
A contract is a legally enforceable agreement between two or more parties with mutual obligations. The remedy at law for breach of contract is "damages" or monetary compensation. In equity‚ the remedy can be specific performance of the contract or an injunction. Both remedies award the damaged party the "benefit of the bargain" or expectation damages‚ which are greater than mere reliance damages‚ as in promissory estoppel. Origin and scope Contract law is based on the principle expressed in the
Premium Contract
INTRODUCTION We enter into contracts day after day. Taking a seat in a bus amounts to entering into a contract. When you put a coin in the slot of a weighing machine‚ you have entered into a contract. You go to a restaurant and take snacks; you have entered into a contract. In such cases‚ we do not even realize that we are making a contract. In the case of people engaged in trade‚ commerce and industry‚ they carry on business by entering into contracts. The law relating to contracts is to be found
Premium Contract Contract law
Medicine Through Time Revision Guide Produced by Homewood History Department UNIT 1A : Medicine and Treatment Your first exam is the Medicine & Treatment paper. The results of this paper make up 25% of your final grade. The exam lasts for 1 ¼ hours. You need to answer 5 questions from this paper and there is a total of 50 marks. Very roughly‚ you should allow 1 minute per mark. Types of questions you will be asked: Question 1 (4 marks) This is a short‚ compulsory inference question:
Premium Medicine Public health Health care
Business Advisory Service Legal responsibilities for business owners Advise for new business owners about: * Legal status and risk involved * Contract Law * Consumer legislation Legal Status When starting up a business‚ one should decide which legal status to choose. Each legal status has its own different responsibilities and there are some risks involved. There are three types of legal status: sole trader‚ partnership and limited companies (Ltd & Plc). * Sole
Premium Contract
Marketing Mix of Unilever Soaps | Product Category: Soap | | Three categories of soaps taken i-e LUX‚ Lifebuoy‚ DOVE. | | | | Table of Contents Unilever 4 Vision 3 Unilever’s Corporate Purpose 5 Unilever’s Growth Priorities 5 Consumer Product Market 5 1. Product 6 Unilever’s Products 7 1.1. LUX 7 Color: 9 Sizes: 9 Target Market: 9 1.2. LIFEBUOY 9 History of Lifebuoy: 10 Lifebuoy on a Mission 10 The Way Forward 10 FRAGRANCE 10 PRODUCT: 11
Premium Soap Unilever Palm oil
SUBMITTED TO – PRABU DOSS K 2010 MMA – MYSORE SANDAL SOAP SUBMITTED TO – PRABU DOSS K XIME SUBMITTED TO – PRABU DOSS K SUBMITTED TO – PRABU DOSS K Submitted by: Aravindhan - 18 Charumathi -28 Amrutha Gadag - 37 Gaganpreet kaur - 38 Hariharan - 42 Table of Contents Executive Summary……………………………………………………………………………………….......3 Introduction……………………………………………………………………………………………………4 Objectives……………………………………………………………………………………………………..4 Situation Analysis……………………………………………………………………………………………
Premium Marketing Brand
advertisement‚ then it may be accepted by anyone who reads the advertisement. e.g. There was an offer made to all the world which was capable of acceptance by those members of the public who performed the conditions set out in the offer.(Carlill v Carbolic Smoke Ball Co) (3) Revocation of offer # Has to be before acceptance To be effective the revocation of an offer‚ must be communicated to the offeree. e.g. An offer could be revoked at any time before its acceptance ‚ a revocation was not effective
Premium Contract