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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CASE STUDY NO.1 THERAC – 25 Aaron James Uy Timosa BSIT – 4 INTRODUCTION The Therac-25 was a radiation therapy machine produced by Atomic Energy of Canada Limited (AECL) after the Therac-6 and Therac-20 units (the earlier units had been produced in partnership with CGR of France). It was involved in at least six accidents between 1985 and 1987‚ in which patients were given massive overdoses of radiation‚ approximately 100 times the intended dose. These accidents highlighted
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Client Recommendation Exercise Paper: Retain (Reinforce)‚ Refer‚ or Release‚ which contains three | |hypothetical client case studies from the fictitious Family Support Services Center. | | | |Determine whether you will recommend to retain (reinforce)‚ refer‚ or release each client
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LESSON 1: INTRODUCTION TO RISK Chapter Objectives • Discuss different meanings of the term risk. • Describe major types of business risk and personal risk. • Explain and compare pure risk to other types of risk. • Outline the risk management process and describe major risk Expected loss UNIT I CHAPTER 1 RISK & ITS MANAGEMENT Expected loss Uncertainty (vaiability around the expected loss) One situation is riskier than other if it has greater RISK MANAGEMENTFOR GLOBAL FINANCIAL SERVICES
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Quiz Product Chapter 1 • According to the well-known business writer‚ Gary Hamel‚ which of the following is the most important business issue of our time? Creation of radical innovation • _____ refer to rules of thumb that firms have found work for them. Heuristics • A product described as a "new product" in terms of design or production rather than marketing‚ falls under which of the following categories? Cost reductions • With reference to new product categories‚ _____ are also known
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CERTIFICATE IN COMMERCIAL RISKS IN SHIPPING Masters Postgraduate Diploma Diploma Certificate A comprehensive analysis of the many risks threatening the profits of shipping companies Learn how to mitigate risks to protect your bottom line Apply by th 18 January 2013 to SAVE £100 Managing maritime risks and reducing their financial impact on shipping companies SAVE up to 40% and improve performance with cost-effective in-company courses call +44 (0)20 7017
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The Attivio Case study discusses in detail about the product growth of Attivio Inc. from a software service to a full-fledged product. The study describes the organizational thought process that drove Attivio into a different category of products. It goes into detail about the differences between a vertically aligned product and a horizontally aligned product while keeping in mind the competitive nature of the industry and the economics- pricing paradox that causes havoc for any product. With a brief
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interaction of genes‚ nutrients‚ hormones‚ and other factors. Healthy growth and development in early years life have a profound effect on health across the life span.(1) The first 1000 days of life are considered as the most crucial as they build the foundation of healthy life. Any insult to growth and development in these days manifest in later life disparities in health (2). The evaluation of growth and development is very helpful in finding out the status of health
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Case Incident 2 BECOMING A FACIAL DECODER I. Background Paul Ekman is a psychologist known for his study about facial expressions‚ where facial expressions reveal true emotions. Researchers have distinguished real smiles (so called Duchenne smile) from fake smiles. Ekman and his associates have developed methods to detect other emotions suchas anger‚ disgust and distress. They call their method as Facial Action Coding System (FACS). FACS has been used to study the facial expressions
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Consider the 2 categories of products that Timbuk2 makes and sells. For the custom messenger bag‚ what are the key competitive dimensions that are driving sales? Are their competitive priorities different for the new laptop bag sourced in China? For the custom bag produced in San Francisco – certainly quality is a competitive dimension. They have a great reputation for both design quality and process quality. The bags are custom designed with input from the customer‚ assembled and sewn in
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