BUSINESS LAW FINAL EXAM This is a take-home exam. The exam is to be handed out on July 26‚ 2012 and returned on July 31‚ 2012 on the final exam time. The group leader will assign each group member a question and each group member will answer the question and return the answer to the group leader. The group leader will grade each member in terms of cooperation and totality of the answer. The group leader will submit a final draft on exam date (July 31‚ 2012). The final draft must be done in
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Employment Law: Immigration Immigration has become a huge topic in the United States for the last several years. House Bill 1804 has transitioned Oklahoma business owners to find individuals with legal status to fill their staff. In this paper I will discuss how this bill has impacted farmers and local businesses with labor work the average American wouldn’t do for the low pay. House Bill 1804 In 2007‚ House Bill 1804 was established in Oklahoma. This is a strict anti-illegal immigration law introduced
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demands return of his money and compensation for the loss of commission on several high profile sales of his business. He wants to rescind the contract because the package of software recommend by Carmine was obsolete‚ despite Carmine’s assurances. This problem is concerned with the contents of the contract which is term in the contract‚ the misrepresentation and unconscionable conduct. Charlie will claim that Carmine verbal assurances about the condition of the package of the software which
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suffice to displace the provision that they are entitled to share equally. 4. Hence‚ Morrissey would most likely be awarded 1/5 of the capital as the provision was displaced by the understanding that Morrissey was to have a 1/5 share of the business should dissolution be ordered. Did Morrissey have authority to bind firm‚ making Smiths liable for losses caused by the power outage at Manchester Meat(“MM”) and damage to the air-conditioning? Actual Authority 5. Actual authority may be
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THE UNWRITTEN LAWS OF BUSINESS Excerpts taken from the book ‘THE UNWRITTEN LAWS OF BUSINESS’ written by W.J.King THE UNWRITTEN LAWS OF BUSINESS FOR THE BEGINNER IN RELATION TO WORK 1. 2. 3. 4. 5. However mental and trivial your early assignment may appear‚ give them your best efforts. Demonstrate the ability to get things done. Do not wait passively for anyone….. go after them and keep relentlessly after them. Confirm your instructions and the other person’s commitments in writing. When sent out
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QUESTION 1 a. Define a promoter of a company. Explain and illustrate with decided cases his legal position in relation to a company. Though the certificate of incorporation is conclusive for purposes of incorporation‚ using decided cases‚ outline circumstances under which it could be withdrawn.(10marks) ANSWER Definition; A promoter is one who undertakes to form a company with reference to a given project and to set it going and who takes the necessary step to accomplish that purpose - A promoter
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DIPLOMA IN BUSINESS ADMINISTRATION PRINCIPLES OF BUSINESS LAW (BA333) ASSIGNMENT TERM ONE 2006 Instruction: • Answer ALL questions. • Marks will be awarded for good presentation and thoroughness in your approach. • NO marks will be awarded for the entire assignment if any part of it is found to be copied directly from printed materials or from another student. • Complete this cover sheet and attach it to your assignment. Student declaration: I declare that: I understand what
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at RM24.00 per barrel or RM26.00 per barrel. This is a contract and the contract is a legal‚ because Az oil Co agree to supply oil per barrel to CRT Distributors Bhd. Consideration need not be adequate Section 26 “ an agreement is not void merely because the consideration is inadequate. Section 26 illustration (f) “ A agree to supply a quantity of oil at RM24.00 or Rm26.00. the agreement is a contract notusthstanding the inadequacy of the consideration. Case : Phang Swee Kim v. Beh I Hock
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Jusik Hoesa (Stock Company) Jusik Hoesa is the only form of corporate entity that is allowed to publicly issue shares. The vast majority of corporations in Korea chose the Jusik Hoesa corporate form. It is also the most common corporate form that foreign companies chose for their subsidiaries. 2. Yuhan Hoesa (Limited Liability Company) Yunhan Hoesa is a closely held company that is prohibited from having more than 50 shareholders. In recent years a few foreign companies have chosen the Yuhan
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Chapter 11 Internet Law and Ethics The Internet is a substantial catalyst for continuing globalization‚ breaking down national boundaries and rules to allow free interchange of communications‚ ideas‚ goods and services around the world - 52% agreed that by 2020‚ the free flow of information on the Internet “will completely blur current national boundaries as they are replaced by…geographically diverse and reconfigured human organizations tied together by global networks” Policy makers‚ users
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