Part 2 – Contractual Formation A. Offer and Acceptance Pharmaceutical Society of Great Britain v Boots Cash Chemists The display of goods in a shop is only an offer to treat Australian Woollen Mills v Cth The offer must be in exchange for the other party’s consideration (quid pro quo). If it isn’t it is more likely a gratuitous promise Seppelt & Sons v Commissioner The use of the word “offer” is not conclusive Carlill v Carbolic An offer can be made to the whole world. Unilateral offers may require
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What was once a garage-operated business and now an international market leader‚ Polaris Industries has shown how a corporate life cycle occurs and more importantly successful strategy development and implementation. With all businesses‚ the organizational life cycle is the development of a business from start to finish. There are different views on the number of stages in an organizational life cycle. Just In Time Management states that are seven life cycle stages‚ while Product Arts claim there
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improving their efficiency in a global economy. Key problems in DrainFlow Plumbing case study: The case study on Drain Flow Company highlights the issues of employees not being motivated thus not providing the type of customer service that other plumbing companies offer. Moreover‚ most of these employees are unsatisfied with the work they are required to do and their interactions with their supervisor and managers. (Case study) Another issue that DrainFlow is facing is the frequent complaints regarding
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PERSONAL STATEMENT “There is no student incapable of learning‚ only teachers incapable of instruction.” I became particularly enamored of this statement during my fourth year teaching. To raise the caliber of my instruction‚ to reside in a new cultural environment and broaden my horizons‚ and to facilitate a sincere desire to aid student development‚ I am laying down my comfortable and secure government position to apply for entrance to your Master’s program in TESOL for the Fall semester of
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Case 4. “Living by Number – Value Creation or Profit?” 1. Determine the economic earnings of MarineCorp Sdn Bhd (MarineCorp)‚ Green Port Sdn Bhd (Green Port) and Sungai Emas Sdn Bhd (Sungai Emas Port) Economic Earnings = NOPAT – (WACC x Average Invested Capital) = NOPAT – Capital Charged (a) MarineCorp Sdn Bhd Economic Earnings = RM 15‚128‚917 – RM 854‚306 = RM14‚274‚611 (b) Green Port Sdn Bhd Economic Earnings = RM 31‚381‚168 – RM 45‚969‚400 = (RM 14‚588‚232) (c) Sungai
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Case Assignment 1 Build the management-research question hierarchy‚ through the investigative questions stage. Then compare your list with the measurement questions asked. To Build the management-research question hierarchy we will first start with the management dilemma. In this situation I see the management dilemma being‚ the need to attract more membership to support the new renovated facility and to account for the growing age of their current membership. Apparently AT&T purchased
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Ratios and Financial Planning at East Coast Yachts 1. Current Ratio= Current Assets/Current Liabilities = 17‚582‚000/23‚689‚300 = 0.74 Quick Ratio = (Current Assets – Inventories)/Current Liabilities =(17‚582‚0007‚363‚700)/23‚689‚300 =0.43 Total Asset Turnover = Sales/Total Assets =234‚‚300‚000/130‚338‚900 =1.8 Inventory Turnover = Cost of Goods Sold/Inventory =165‚074‚000/7‚363‚700 =22.41 Receivables Turnover = Sales/Accounts Receivable =234‚300‚000/6‚567‚600 =35.68 Total Deb
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FNCE10001 Finance 1 Student No. 614024 Student Name: Xi Feng Tutorial time: 10-11 am Monday Tutor Name: Sarah Case Assignment 1 Abstract The purpose of this report is to discover the current state of the overall risk level in NAB confronting a severe situation of low level of cash‚ also to investigate the methods to manage the risks and to overcome the state. Introduction There has been a very low level of cash and liquid securities possessed by NAB. In order to prevent this state from continuing
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Executive Summary Employee turnover is an expensive problem for small public accounting firms. Turnover which means the company cannot retain experienced employee which company needs for whatever reason. On the other hand‚ if a company has a healthy employee turnover rate‚ it would be very beneficial to the healthy development of the company. Because that would mean for some people who do not fit the company needs‚ so they leave. And that the right people have the opportunity to show their talent
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BuyGasCo Corporation: The Use of Alternative Costing Methods in a Predatory Pricing Lawsuit 1 BACKGROUND2 BuyGasCo Corporation (BuyGasCo) is a major national chain of retail motor fuel (gasoline) service centers. This privately held company is very successful and has been in existence for 35 years. The service centers‚ owned and operated by BuyGasCo‚ are straightforward and typical of those in the industry. The main function of these service centers is to sell gasoline. The company sells three types
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