GLENDALE CHEMICAL PRODUCTS PTY LTD v ACCC (1999) ATPR 41-672 Plaintiff: Michael Barnes Defendant/Appellant: Glendale Chemical Products Pty Ltd –Supplier of Caustic Soda which is called “DRANO” Respondent: Australian Competition & Consumer Commission Prepared By: GLENDA B. GAERLAN Presented To: PETER MCGUINNES BUSINESS LAW 1st Semester 2010 Background Facts: Michael Barnes bought a 500g of caustic soda called “DRANO” at a local store
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Module 25 Practice Set 1 Multiple Choice Identify the choice that best completes the statement or answers the question. Assets Liabilities Reserves $20‚000 Deposits _________ Loans _______ Table 25-1: Balance Sheet ____ 1. Use Table 25-1. If the reserve ratio is 25%‚ loans are: A. $5‚000. B. $15‚000. C. $60‚000. D. $80‚000. E. $20‚000. ____ 2. Banks are illiquid because: A. their deposits are less liquid than their loans
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as a legally binding agreement or‚ in the words of Sir Frederick Pollock: ‘A promise or set of promises which the law will enforce’. However‚ not all promises or agreements give rise to contracts. According to the case study‚ Andrew‚ who works as a salesman at Wholesome Vegetables Ltd‚ offering to sell Ben 100 bags of potatoes at £10 per bag. At first Ben accepted Andrew’s offer but when he heard the news about a slump in the price of potatoes which has fallen to £7 per bag‚ he refuses to accept
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evaluating the recital of Orbital Engine Corporation Ltd. pertaining to car manufacture and outboard marines. Detail analysis has been carried out on marketing decision or activities in relation to OEC’s objective‚ identify the unsuccessful reasons behind the idea of engine adoption by OEC and explore the successful marketing lessons how OEC’s technology has been adopted by the marine makers outboard motor in the US. Following the above studies we conclude by providing our recommendations to grow
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Carrabelle Boat Company Carrabelle Boat Company serves boaters with a small‚ lightweight fiberglass sailboat capable of being carried on a car roof. Though the firm could hardly be considered as one of the nation’s industrial giants‚ its burgeoning business had required it to institute a formal system of cost control. Jan Larson‚ Carrabelle Boat’s president‚ explained: Our seasonal demand‚ as opposed to a need for regular level production‚ means that we must keep a good line of credit at the bank
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Introduction Sheffield Forgemaster International Ltd. (SFIL) It is a steel material producer and an engineering executive company. The manufacturers adapted heavily steel castings and forgings. Usually‚ SFIL are specified in providing top quality over-all the total amount of engineering packages for the clients. The supplies businesses have many sectors in the industrial‚ with clients in the defense‚ nuclear‚ oil and gases exploration‚ power generation‚ marine and construction industries. Located
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Jewellery which is a Limited Liability Company. The Defendant was not a director of Al-Atheer Jewellery Ltd nor had any stake in the company at the time of the signed agreement. The Defendant was a part time sales manager in the particular shop. 3. The director of Al-Atheer Jewellery Ltd had a discussion with the Defendant that the company is willing to sell the branch of Al-Atheer Jewellery Ltd shop where the Defendant works. Surprisingly the Claimant’s representative (Tanneshia McLoan) walked into
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Kmart Inc. and Builders Square Case 1. What happens if Kmart ’s managers decide NOT to accept the Leonard Green offer? If Kmarts managers decide not to accept the offer they become limited in their options: ● They can continue to wait for a better bid‚ but they have struggled to get any one interested in their company as it is. If they decide to turn down Green‚ but end up not securing another buyer‚ they would be forced to return to Green who could offer a much lower bid because Kmart
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Case 6-1 Tempo Ltd. In this case Fatih Terim is trying to decide whether or not to enter a barter trade with North Koreans in which he would send Turkish chemicals in exchange for kereste (Lumber). Because of trade sanctions between Turkey and North Korea this transaction would not be legitimate because there would be some bribing and other extracurricular activities to complete the deal. Terim tried to justify going through with the deal because he concluded that if he did not make the deal then
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Essay On THE TEACHER AS A NATION BUILDER The importance of the teacher in national life cannot be over-emphasized. It is he who influences the immature minds of the youth. He treats and tries to mold the living stuff into various forms. The future of the nation is fashioned by him through the process of education. A nation trying to march ahead on the roads to progress can leave the education of her sons and daughter in the hands of incompetent teachers only at its own risk. "The world of tomorrow
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