Ques1. “Considerations must be sufficient but need not be adequate”- discuss. In Contracts‚ What is "Consideration"? In order for any contract to be enforceable‚ courts generally require three things: mutual assent (agreement to the contract terms)‚ a valid offer and acceptance‚ and consideration. Consideration in law is one of the three main building blocks of a contract. It can be anything of value‚ which each party to a legally binding contract must agree to exchange if the contract is to be
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Innovation is the creation of better or more effective ideas‚ methods‚ or services. Technological change spurs economic growth and general well-being by enabling better utilization of existing resources and by bringing about new and better products. Technological change can spur economic growth by bringing about better use of existing resources‚ new and better products. Change can bring about uncertainty and resistance. In a world where innovation and change is the norm‚ to excel. Innovation has
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articles about the Innovation process in Healthcare. Lenferink‚ D.J.H.H. (2009) The discontinuous innovation process at established SME‚ New Methods for user driven innovation in the healthcare sector‚ Omachonu‚ V.K. (2010). Innovation in Healthcare Delivery Systems and Research and markets. (2011‚ September). United States Pharmaceuticals and Healthcare Report Q4 2011. Mapping the Innovation Process The Innovation process is
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“Diffusion of Innovations” Assignment Ya-Chuen‚Yu (Jessica) 11/18/2012 Consumer Behavior MKT620 Term 1 2012-2013 I certify that I am the author of this assignment. Any assistance I received in its preparation is fully acknowledged and disclosed within this document. I certify that I have not received help from any unauthorized persons. I have cited any and all sources‚ both print and electronic‚ from which I have used data‚ ideas‚ or words‚ either quoted or paraphrased. My
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presumptions under the intention to create legal relations are blurred the litigants. Evaluate the above statement. Intention to create legal relations is part of elements in contract (“Intention”‚ n.d.). Intention to create legal relations is defined as an intention to enter a legally binding agreement or contract (“Intention”‚ n.d.). Intention to create legal relations is one of the necessary elements in formation of a contract. This is because intention to create legal relations consists of readiness
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Speedo innovation: Swimwear companies have invested millions designing high-performance suits for the upcoming Beijing Olympics. Can design help swimmers finish faster? Following the 2004 Athens Olympics‚ officials at swimwear giant Speedo had good reason to celebrate: Athletes clad in their latest suits at the time‚ called Fastskin FSII‚ won 46 medals in the pool. Yet when the company ’s in-house design team‚ Aqualab‚ gathered soon after the games at company headquarters in Nottingham‚ Britain
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Jar’ee Rhodes Professor Davis ENC 1102 16 July 2012 Does Welfare Encourage Dependency? Created by Franklin D. Roosevelt during the Great Depression‚ the idea of welfare was to help those who are living in poverty and need help to feed their families. Since then‚ welfare has helped people in many ways‚ such as unemployment insurance and food stamps. However‚ with over 4.4 million people‚ Welfare has evolved from a program that is designed to help people who have fallen on hard times‚ into a
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University of Phoenix Material Creativity and Innovation Table Complete the following table by describing creativity‚ innovation‚ and the rules of change in your words. Include the following in your response: a One real-life management example of using creative intelligence b One real-life management example of innovation c List all of the rules of change and include at least one sentence describing each state in your words Format any references used in APA format. This assignment is due
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1. Introduction - What is Innovation? Innovation refers to the act of creating new products or processes. There are two main types of innovation: • Product innovation • Process innovation. Product innovation is the development of products that are new to the world or have superior attributes to existing products. Process innovation is the development of a new process for producing products and delivering them to customers. Examples include Toyota‚ which developed a range of new techniques
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Describe a recent innovation‚ and discuss its social and economic impacts. In modern times‚ the majority of people worldwide have incorporated the use of new and evolving technology in daily living. Consequently‚ it has and continued to change the way we work‚ interact and learn. The internet is a vital medium that has affected us both economically and socially. This essay will focus on the economic and social impacts of the internet as a recent innovation. Innovations‚ whether in the form of
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