Supplies’ CEO has asked you to advise him on the facts of the case‚ and your opinion of their potential liability. He wants to settle the case. Write a memo to him which states your view of whether the company is exposed to liability on all issues you feel are in play. Include in your memo any laws which apply and any precedential cases either for or against Teddy’s case which impact liability. Include in the memo your suggested "offer of settlement" to Virginia. Back up your offer using your analysis
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OCCUPIERS LIABILITY The occupancy of premises is affected by two statues: 1) The occupier’s liability act 1957. Under this act there is a duty to keep safe and lawful visitors to the premises 2) The occupier’s liability act 1984. Where an occupier may owe a duty to protect trespassers onto the premises. LAWFUL VISITORS A lawful visitor has permission to enter premises. This can be expressed permission of implied. There are four situations covering implied permissions: 1) If the occupier
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TOPIC: WHAT IS TORT‚ AND TORTIOUS LIABILITY ? From a legal standpoint‚ a tort is a private or civil wrong or injury (other than a breach of contract) for which a court of law may provide a remedy through a lawsuit for damages (compensation). For example‚ when a person violates his/her duty to others created under general (or statutory) law‚ a tort has been committed. Tort law relies heavily on the common law‚ the legal opinions of the Courts‚ general trends in the community‚ and legal scholarship
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a business that has value to the business‚ but that does not correspond to a real asset or have a resale value. Fictitious assets are used to keep track of assets that cannot be recorded under normal accounting categories‚ such as prepayments or deferred revenues. 9) Wasting asset : An asset which has a limited life and therefore decreases in value over
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TAX AVOIDANCE vs. TAX EVASION From the time taxes were first imposed on American citizens‚ people have been trying to find ways to escape paying them. While some taxpayers continue to find legal ways to avoid paying a portion of their taxes‚ others simply choose to evade taxes or not pay them at all. Avoiding taxes and evading taxes may sound like similar actions‚ but the two terms have very different meanings. Avoiding taxes can be accomplished though various legal means‚ whereas evading taxes
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empirical research on tax evasion‚ delineating the variety of factors affecting noncompliance and examining possible remedies. Particular emphasis is placed on the institutional and procedural rules governing the tax enforcement policy. JEL classification: K34 Keywords: Tax Enforcement‚ Compliance‚ Taxpayer’s Behavior‚ Tax Gap 1. Introduction Tax evasion is said to occur when individuals deliberately fail to comply with their tax obligations. The resulting tax revenue loss may cause
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public or sell to large retailer after grow. The company has asked us to research what kind of entity to form. A business may choose to operate as either a C corporation‚ an S corporation‚ a limited liability company‚ a limited partnership‚ or a general partnership. “A general partnership‚ the liability of each partner for partnership debts is unlimited. Thus‚ these partners are at risk for more than the amount of their capital investment in the partnership.” In fact‚ one of the original investors
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Dreams Deferred in Raisin in the Sun Lorraine Hansberry‚ the author of A Raisin in the Sun‚ supports the theme of her play from a montage of‚ A Dream Deferred‚ by Langston Hughes. Hughes asks‚ "What happens to a dream deferred?" He suggests many alternatives to answering the question. That it might "dry up like a raisin in the sun‚" or "fester like a sore." Yet the play maybe more closely related to Hughes final question of the poem‚ "Or does it explode?" The play is full of bombs that are explosions
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"What Happens to a Dream Deferred?" Langston Hughes was a prolific writer. In the forty years between his first book in 1926 and his death in 1967‚ he devoted his life to writing and lecturing. Hughes was seen as one of the leaders in the Harlem renaissance‚ which was an unprecedented outburst of creative activity among African-Americans in the 1920 ’s. In 1951‚ Hughes published a volume of poetry titled Montague of a Dream Deferred in which his poem "Harlem" can be found. This poem is one man
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Langston Hughes poem titled “Dream Deferred” is a poetic masterpiece explaining how delaying our dreams we only result in them diminishing or getting lost overall. Langston Hughes was is an African-American poet and social activist who was born on February 1st in the early 1900s (1902). Growing up and eventually becoming a social activist in New York. Langston Hughes was a subject of racism and being told “no” for him living in the years before the 1960s were racism was some what tolerated in America
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