COMMERCIAL LAW MODULE 2 TUTORIAL QUESTIONS QUESTION 1 Pete buys a bottle of suntan lotion from his local chemist shop. The lotion which is manufactured by Barnetts Pty Ltd‚ had acid in it‚ which had been added to the mixture by one of the workers in the factory who had failed to read the label on the tin properly. When Pete applied the suntan lotion he suffers third degree burns and has to pay high medical and hospital expenses. Advise Pete whether he has a claim against the manufacturer
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What happens when a bank accepts a check with a forged endorsement? Who suffers the loss? Who is liable? Where can these answers be found? Check fraud law is governed by Articles 3 and 4 of the Uniform Commercial Code (UCC). The National Conference of Commissioners on Uniform State Laws and the American Law Institute created the Uniform Commercial Code in a joint effort. It took over ten years to originally draft the UCC‚ and a further fourteen years for the UCC to be implemented across the country
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1. DEFINITION: FOREIGN EXCHANGE One of the largest businesses carried out by the commercial bank is foreign trading. The trade among various countries falls for close link between the parties dealing in trade. The situation calls for expertise in the field of foreign operations. The bank‚ which provides such operation‚ is referred to as rending international banking operation. Mainly transactions with overseas countries are respects of import; export and foreign remittance come under the preview
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Commercial Cells Galvanic Cell A Galvanic cell is also known as a Voltaic cell. It was named after Luigi Galvani and Alessandro Volta. A galvanic cell is capable of producing an electric current from a redox reaction that occurs within it and consists of two half cells. Each half cell consists of an electrode and electrolyte and a salt bridge. In a galvanic cell one metal can undergo reduction and the other oxidation. A typical galvanic cell is based on the spontaneous redox reaction: Net Ionic
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THE IMPACT OF ELECTRONIC BANKING ON COMMERCIAL BANKS OPERATIONS TABLE OF CONTENT Cover page Title page Approval page Dedication Acknowledgment Abstract Table of content CHAPTER ONE Introduction Background of study Statement of problem Objective of the study Significance of the study Scope and limitations of the study Definition of terms CHAPTER TWO Review of related literature Introduction Meaning of electronic banking Origin of electronic banking Meaning of computer Relevance of
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Commercial Analysis The setting is at the front of the house with a man knocking on the front door with some flowers. Then an attractive female comes to greet him and accepts the flowers. They are now in the living room area with the little boy in the same room with a video game controller. But on the table there is a bowl filled with perfectly stacked Doritos where the little kid of about 5 to 6 years old is playing video games. The man knocks on the front door of the house with a bouquet
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Ryan Fuller PHL 118 Tu/Th 9:30 Legalization of Marijuana Marijuana or cannabis is an illegal drug formed of the dried leaves and flowers of a plant called cannabis. Marijuana should be removed from the criminal justice system and be regulated in a manner similar to alcohol and tobacco. The legalization would benefit many people however‚ for now the substance is illegal in most of the United States. In fact in Michigan the possession of marijuana comes with up to a year of incarceration and
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Cultural Diversity or Global Monoculture The Impacts of the Information Age Kenneth Keniston Massachusetts Institute of Technology Paper Prepared for Conference on "The Global Village" Bangalore‚ Karnataka‚ India November 2‚ 1998 The coming of the "Information Age" is the topic of thousands of books‚ articles‚ and conferences‚ including this one. Predictions range from outrageous optimism to dire pessimism; we have analyses from a Marxist‚ a neo-liberal‚ an anthropological‚ and many other
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The current Axe print advertisement in question is part of a global campaign to promote its new line of “Peace” products‚ trying to strike down the sexist image it had previously. Axe partnered with a non-profit organization called Peace One Day and aims to promote peace in the world by an anti-war agenda and also gender equality. An end to the gender wars. This is an example of using polysemy through the slogan “Make Love‚ Not War”‚ which is the use of the phrase to incorporate multiple meanings
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PAPER TITLE: COMMERCIAL BANKING IN KENYA PRESENTED TO: MRS. BOSIRE MARY PRESENTED ON: 19TH October 2011 ABSTRACT: This term paper analyses the commercial banking system in Kenya. In particular it focuses on the history of commercial banks from a general perspective then narrows down to Kenya’s context. It looks at the importance of commercial banks in Kenya‚ the roles/functions of commercial banks. It then focuses on the regulations that govern the commercial banks. Lastly it looks
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