OPTIONAL QUESTION: Advise: (A) Mr. Neft given that Mr Browne has failed to appoint him to Chief of Police. The first issue is whether the contract between John Browne and Mr. Neft was illegal by common law. At common law an illegal contract is determined based on public policy and results in the contract being unenforceable. In the case of Enderby Town FC Ltd v Football Association‚ Lord Denning referred to public policy as an ‘unruly horse’‚ due to its broad character and its subjectivity to
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whether Google should have prevented such activity‚ even if aware of it. Facts: Identify facts FOR issue: In using Google’s search engine‚ malicious websites are made available‚ leading the consumer vulnerable to phishing or other malicious‚ fraudulent content. Google generates revenue by using online advertising and specifically‚ uses a program called “AdWords” to present advertisements to consumer searches. Identify facts AGAINST issue: Google acts as an interactive computer services or internet
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Misrepresentation A false statement made to induce a party to enter into a contract. Misprepresentation -- if proved -- renders a contract voidable (see: VoidableContract). Three (perhaps four) factors must be established to succeed in a claim of mispresentation. (i) there must be an unambiguous false statement of existing fact (or perhaps law); (ii) it must be addressed to the party misled; (iii) it must induce the contract; (iv) (perhaps) it must be material‚ that is‚ one which would induce a
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“The National Commercial Bank (NCB) yesterday revealed that it lost more than J$100 million to credit card fraud last year‚ put merchants on guard against what it said was a rising problem”. Most cases of counterfeit fraud involve skimming. The fraudulent activity on a card affects
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ANALYSIS OF THE CAUSES AND MEASURES OF CURBING FRAUD IN THE BANKING SECTOR. BY ESSIEN NSIKAK U. A RESEARCH PROJECT SUBMITED TO THE DEPARTMENT OF ACCOUNTING‚ COLLEGE OF BUSINESS AND SOCIAL SCIENCES‚ COVENANT UNIVERSITY‚ OTA. IN PARTIAL FULFILMENT OF THE REQUIREMENT FOR THE AWARD OF BACHELOR OF SCIENCE (B.sc) DEGREE IN ACCOUNTING. CERTIFICATION I certify that this project titled “The Analysis of the causes and measures of curbing fraud in the banking
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Assignment One BUS 107 April 19‚ 2012 Professor 1. Identify the advantages and disadvantages of taking your small business online by performing a SWOT analysis 2-4 items in each category. The online business I am going to start is Earl’s Flowers Togo. We sell flowers arrangements and candies online and we have a brick and mortar store. One of our strengths is that we sell affordable high quality flower arrangements with name brand candy. We have a website that is very internet friendly
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FORENSIC ACCOUNTING Abstract In today’s fast growing business world‚ it is necessary for an organization to evaluate its systems‚ internal control procedures and to analyze the risks involved to ascertain appropriate implementation and working of its processes. The organization must also identify‚ record‚ settle‚ extract‚ sort‚ report and verify past financial data. With increasing number of frauds within organizations‚ the regulatory framework has also been enhanced with introduction of
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and criteria were not transparent to branch managers. - Lack of vertical control: o Decentralization of local promotions‚ discounts and stock. o Inconsistent data entered manually into ERP system. o Nonexistent auditing structure to unravel fraudulent practices: the president of Sunshine has to personally visit department stores to ensure personal relationship. This should not be his main job occupation.
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Depreciation: Airplanes and Garbage Trucks Part I: Airplanes Assume that on January 1‚ 2005‚ each of the three airlines purchases a new Boeing 757 for $75 million. Each airline estimates that the residual value will be 5% of cost. Each airline uses the average depreciation period that is consistent with its policies as stated in the Appendix‚ found on page 3. On January 1‚ 2009‚ each firm sells the plane. First‚ assume that Northwest sells its plane for $55 million‚ Delta sells its plane
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The Insider Analysis 1. What response or reaction do you have to any aspect or part of this movie. ? (Give at least two reactions and clearly explain your reactions) It was disappointing to see how much power corporations have over media outlets. The general public has a collective vested interest in the news media to provide trustworthy and free press. The key word is "free" meaning the absence of outside influence and manipulation by corporations‚ shareholders‚ and/or any other source of power
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