Table of content Content | Page | 1. Question 2………………………………………………………………. 2. Question 3 ……………………………………………………………… 3. Question 5 ……………………………………………………………… 4. Question 6 ……………………………………………………………… | 24912 | Question 1 In Malaysia the governing law that addresses partnership matters is provided in the Partnership Act 1961. a) The general rule for the extent of a partner’s liability is that every partner in a firm is liable jointly with the other partners for all debts and obligations of the
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company can discharge employees without a reason. There must be a legal reason for the discharge. Now‚ there are exceptions to the employment at will doctrine. The exceptions are as follows: 1. Bad faith‚ malicious termination in violation of public policy‚ 2. Termination in breach of the implied covenant of good faith and fair dealing. 3. Termination of an implied contract term 4. Violation of the promissory estoppel where the employee relied on the employers promise. There are other exceptions that
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Administrative Law Essay Topic: Freedom of contract in English Contract law Written by 10 Ю-3 group student Buzhak A.S. Under supervision of Popova T. P. PhD‚ docent Nizhniy Novgorod‚ 2013 Contract law is designed to protect not only the contractor‚ but also the consumer. Freedom to contract is the freedom of individuals and corporations to form contracts without government restrictions. Without the freedom to contract‚ the government can regulate and bring restrictions
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BANGLADESH: COUNTRY OVERVIEW Bangladesh is situated in southern Asia‚ on the delta of the 2 largest rivers on the Indian subcontinent—the Ganges and Jamuna (Brahmaputra). It borders with India in the west‚ north‚ and east‚ with Burma (also known as Myanmar) in the southeast‚ and with the Bay of Bengal in the south. The country’s area is 144‚000 square kilometers (55‚598 square miles)‚ and it is divided into 6 administrative divisions (Dhaka‚ Chittagong‚ Khulna‚ Barisal‚ Rajshai and Sylhet) and 4
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In The Racial Contract‚ it is argued that contemporary structures of white domination in the United States operate by means of an epistemology of ignorance for white people. White people inadvertently suffer from cognitive dysfunctions such that they cannot understand the racially (and racistly) structured world in which they live and‚ indeed‚ helped create. For Mills‚ while no person of any race is self-transparent‚ becoming a white person entails a particularly extreme form of self-opacity regarding
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of Diminishing Marginal Utility’ A law of economics stating that as a person increases consumption of a product - while keeping consumption of other products constant - there is a decline in the marginal utility that person derives from consuming each additional unit of that product. EXPLANATION This is the premise on which buffet-style restaurants operate. They entice you with "all you can eat‚" all the while knowing each additional plate of food provides less utility than the one before. And
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Marginal Utility According to this‚ a consumer is in equilibrium when he distributes his given money income among various goods in such a way that marginal utility derived from the last rupee spent on each good is the same. Assumptions The main assumptions of the law of equi-marginal utility are as under: (1) Independent utilities. The marginal utilities of different commodities are independent of each other and diminishes with more and more purchases. (2) Constant marginal utility of
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In economics‚ utility is a measure of personal satisfaction or level of meeting a need that a good or service meets. For example the initial cup of coffee in the morning meets a large need and provides a large amount of satisfaction (utility). Another example is go under water and hold your breath‚ keep holding it until you think you will pass out. Then come up out of the water‚ that first breath is wonderful -- tremendous utility. That is utility - the meeting of a need or being satisfied. Now
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• Summarize the employment-at-will doctrine and evaluate each of the eight (8) scenarios described by determining: The employment-at-will doctrine states that an employee can be fired or released from a company for cause or no cause at all. The employee also has the right to quit a job for any reason. Under this legislation‚ neither the employer or employee incurs “adverse legal consequences” (NCSL‚ 2014). There are three exceptions that are observed by the law to include a dismissal that “violates
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Bibliography: Lowes‚ Bryan (Ed/s Pass‚ C. L.‚ Sanderson‚ Stuart). 1994. Companies and markets : understanding business strategy and the market environment. .Blackwell Besanko‚ David. 2004. Economics of strategy. .3rd edition. John Wiley. Lipczynski‚ John (Ed/s Wilson‚ John O. S.‚ Goddard‚ John). 2005. Industrial organization: competition‚ strategy‚ policy
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