communicated to the offeror. A contract comes into existence until or unless the acceptance is communicated. Moreover‚ the offeree must agree to all the terms of the offer‚ and the acceptance cannot be deemed or assumed. In Household Fire Insurance Co. v. Grant (1879) 4 Ex.D 216‚ a letter of allotment of shares which is applied by Grant is sent to him but never reaches him. The Court held that the contract was completed on posting and Grant becomes one of the shareholders of the company. Similarly
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LANDAU COMPANY In early August‚ Terry Silver‚ the new marketing vice president of Landau Company‚ was studying the July income statement. Silver found the statement puzzling: July’s sales had increased significantly over June’s‚ yet income was lower in July than in June. Silver was certain that margins on Landau’s products had not narrowed in July and therefore felt that there must be some mistake in the July statement. When Silver asked the company’s chief accountants‚ Meredith Wilcox‚ for
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aspects of a business and was almost as important as having an investment: inventory management. Be it in barter system‚ small village livelihoods or up to the most basic unit of dealership‚ people had been knowledgeable of one of the simplest principle of inventory: the first-in-first-out approach. Having an inventory system keeps the business organized and efficient when it is maximized and managed accurately. Nowadays inventory management has come a long way and large companies will even spend high
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A STUDY ON INVENTORY MANAGEMENT OF VIKI INDUSTRIES PRIVATE LIMITED‚ CHENNAI INTRODUCTION As every business concern irrespective of size‚ nature and age needs an adequate level of inventory to carry out business operations and survive. Inventory becomes an important and integral part of business inadequate inventories means interruption of production and sales operation
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Argumentative essay - Separate-Gender Classes in Co-Ed School is the best solution to the situation Nowadays‚ many parents are worrying about the amount of distractions that exist in co-ed schools‚ which directly affect their children’s academic performance. This is simply due to the fact that there are chemical reactions when different genders spend time together. Consequently‚ there are a number of negative effects‚ for example‚ achieving bad academic performance and inappropriate relationship
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Co-branding involves combining two or more brands into a single product or service. Companies engage in co-branding to leverage strong brand. It is becoming a popular business practice to strive for a positive association between different brands that can develop synergy. A well executed co-branding strategy can lead to win-win situation for both co-brand partners and can help in realizing unexplored markets or untapped opportunities. Concisely‚ it is instrumental to handle almost every marketing
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Managed Care pros and cons The pros of managed care are since the patient is limited to a specific caregiver the premium is lower. The patient only pays a monthly payment and a co-payment. The cons of managed care are that the patients are not allowed to see the doctor of their choice unless the doctor is in their network. The consumers perspective the pros and cons of managed care. The pros from the consumers perspective
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Tues.& Thurs. Stephen Dufrechou 12/03/13 Benefits of co-sleeping with your infant for the first six months For as long as we can remember we are always told to never sleep with your baby that you could suffocate them by rolling over on them or what not. In a study by Davies‚ he found that prior to the 1700’s co-sleeping was a normal thing around the world. It was not until the 1800’s when the western society moved away from co-sleeping to an independent sleeping arrangement claiming the
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Define and describe the concept of managed care. Differentiate between managed care and health care in the past. Managed care is the attempt to provide reasonable access to quality care at affordable cost. The primary care physician is the gatekeeper. Managed care will reduce insurance premium costs by limits on services‚ also increasing issues about denial of service or payment. 2.Identify two widespread effects of the managed-care movement. Describe how managed care affected these areas. When
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Co-branding defines itself a s two or more companies forming an partnership‚ working together‚ creating marketing synergy. An example of this includes using a popular brand name ingredient in a brand name product. This is called "Ingredient Co-branding." Another form of Co-branding called "Composite Co-branding involves combining two distinct products together to form one marketable product. This benefits both retailers of said products. The difference between these two terms is the first
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