documentation‚ there was past consideration‚ therefore the documentation is void? Give reasons for your answer. Reference must be made to relevant sections of the Contracts Act 1950 and Caselaw. Issues Whether the bank can sues the Belton Sdn Bhd that default in repayment of Rm50‚000? Contract from the issues Section 2(e) from Contract Act 1950 In this Act the following words and expressions are used in the following senses‚ unless a contrary intention appears from the context: * Every promise
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In concept‚ business ethics is the applied ethics discipline that addresses the moral features of commercial activity. In practice‚ however‚ a dizzying array of projects is pursued under its rubric. Programs of legal compliance‚ empirical studies into the moral beliefs and attitudes of business people‚ a panoply of best-practices claims (in the name of their moral merit or their contribution to business success)‚ arguments for (or against) mandatory worker participation in management‚ and attempts
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stakeholders on encouraging responsible business practices. This essay will look in to the different stakeholder theories and how these theories help on encouraging responsible business practices in an organization or company. Firstly as mentioned the different forms of stakeholder theories will be outlined to have a clear understanding of these different theories‚ this will also go in to explaining what is the role of managers and why managers should be ethical in an organization/ company. Corporate
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EJISDC (2009) 36‚ 8‚ 1-31 IT IN PAKISTAN: THREATS & OPPORTUNITIES FOR EBUSINESS Ghulam Muhammad Kundi Department of Public Administration Gomal University‚ D. I. Khan‚ Pakistan kundi@gu.edu.pk Department of Public Administration Gomal University‚ D. I. Khan‚ Pakistan bahadarmpa@yahoo.com ABSTRACT This study identifies the characteristics of the independent variables i.e. governmental‚ organizational‚ human and technological conditions and the dependent phenomenon of the success/failure
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Ethics in a business since‚ is the principles and standards that determine acceptable conduct in business organizations. The acceptability of behavior in business is determined by customers‚ competitors‚ government regulators‚ interest groups‚ and the public‚ as well as each individual’s personal moral principles and values. Social responsibility is defined as a business’s obligation to maximize its positive impact and minimize its negative impact on society. Although many people use the terms social
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governance and business ethics have gained a great amount of public interest due to its implication in the economic health of organisation. Such cases as Enron‚ WorldCom‚ and Oracle just to name a few in recent years have made world headlines outlining the governance of unethical behaviour comprising of corporate fraud‚ dubious accounting‚ and abuse of power that shocked the world and rattled the realm of business ethics. As a result‚ the role of ethics in the pursuit of business has come to the forefront
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Business Research Ethics RES/351 August 4‚ 2014 Business Research Ethics The accounting world is changing constantly and so are the rules that are being set up to protect companies and their assets. There are codes of conduct that accounting offices and their personnel must adhere to and when they are not followed‚ there can be an ethical challenges that you have to deal with. Users of accounting information perform different types of creative accounting. Some of these practices are ethical
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Module 1 SLP Assignment ETH501: Business Ethics 23 Feb 2013 It is the largest and oldest established branch of the U.S. military‚ and is one of seven U.S. uniformed services. The modern army has its roots in the Continental Army which was formed on 14 June 1775‚ [2] to meet the demands of the American Revolutionary War before the establishment of the United States. The Congress of the Confederation officially created the United States Army on 3 June 1784[3] [4] after the end of the Revolutionary
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operating a business in the current environment‚ holding on to a promise to run an ethical business can be very challenging. 2. Globalization can be seen to have an upside and a downside. 3. All of the following are arguments advocates use to promote the downside of globalization‚ except: globalization brings unprecedented improvements in wealth and standards of living. 4. Which of the following is NOT an objective of departmental ethics training? Comparing the ethical issue to the code
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1.1 Ethics a branch of philosophy that studies the nature of right and wrong The Moral Formula An expression that would explain and define morality would let us be able to solve all current and future moral dilemmas an answer key to moral questions 1.2 Ethical Objectivism belief that claims there is a universally valid moral code basically‚ if something is morally wrong for one person‚ than it should be morally wrong for all people cultural beliefs about morality vary‚ but cultural acceptance
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