Introduction For parties to be bound by an agreement‚ it must first be determined if a prima facie valid and enforceable contract exists. A contract can be defined as an agreement containing promises made between two or more parties with the intention of creating certain legal rights and obligations and enforceable in a court of law [1]. For a legally binding contract to exist the following elements must be satisfied: 1. An offer must exist 2. The offer must be accepted 3
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To what extent does a currency forward contract need to play a formal role in multinational companies? A globalisation has risen over the last 20 years. Because of this factor‚ international markets have increased rapidly‚ therefore a large number of companies have been particularly interested in global operatings‚ such as‚ export trade‚ import trade‚ overseas sales (Moosa‚ 2003). A subsequent significant trouble looming large for
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Audit and Internal Review (International Stream) PART 2 TUESDAY 10 DECEMBER 2002 QUESTION PAPER Time allowed 3 hours This paper is divided into two sections Section A ALL THREE questions are compulsory and MUST be answered TWO questions ONLY to be answered Section B Paper 2.6(INT) Section A – ALL THREE questions are compulsory and MUST be attempted 1 The objectivity of the external auditor may be threatened or appear to be threatened where: (i) There is undue dependence on any audit
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Fuentes English 12/4/12 The People to Blame for the Reason Why the Titanic Sank Do you ever think about the Titanic? Do you ever think about who was responsible for the Titanic sinking? Whose fault it was? Most people believe it was Captain Smith’s fault the Titanic sank. But it wasn’t just the captain’s fault it was different other people too. Other had a part in this wreck such as Captain Smith‚ the designer- Thomas Andrews‚ the captain of the Californian- Captain Lord‚ and the Titanic’s
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There are several methods in preserving fish. Fish preservation involves Chilling and Freezing‚ Salting‚ Fermentation‚ Drying and Dehydration‚ Smoking‚ Pickling and Spicing‚ and Canning There are several methods in preserving fish. Fish preservation involves Chilling and Freezing‚ Salting‚ Fermentation‚ Drying and Dehydration‚ Smoking‚ Pickling and Spicing‚ and Canning. There is one thing first to consider‚ make sure that the fish that is going to be preserve is new and still fresh. The
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Contents Executive summery 3 Introduction 3 LO 1 A valid contract in a Business Context 3 1.1 The importance of the essential elements required for the formation of a valid contract 3 1.2 Impact of different types of contract 4 1.3 Analyze terms in contracts 5 LO 2 Elements of a contract in Business situations 6 2.1 Elements of contract in given business scenarios 6 2.2 Law on terms in different contracts 6 2.3 Effect of different terms in given contracts 7 LO 3 Negligence in Business Activities 7 3.1 Contrast
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04-Feb-0 Contract of Employment: Civil code has ~3300 articles‚ contains all civil/general laws of Quebec. Contract[1] of Employment is a portion of the code. [2085] “what it’s all about.” An employee: Contractor: No direction and control‚[2] contractor sets his own daily schedule‚ vacation schedule‚ provides his own tools (e.g. computer)‚ is able to subcontract work. o e.g. lawyer: is hired as an agent/agency‚ does not direct/control • Important to specify between the
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the Study Definitions of Terms Chapter II REVIEW OF RELATED LITERATURE AND STUDIES Foreign Literature Local Literature Foreign Study Local Study Chapter III RESEARCH METHODOLGY Method of Research Use Sources of Data Respondents of the Study Sampling Procedure Data Gathering Instruments The Survey Questionnaire Statistical Treatment of Data CHAPTER I Introduction A family’s socioeconomic status is based on family income‚ parental education
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Short Review of the 07-09 Financial Crisis The 2007-2009’s financial crisis started with the development of the subprime mortgage in the United States housing sector. The sub-prime mortgage followed an originate-to-distribute model whereby the mortgage originators did not have much incentive to make sure the loans were paid back. This led to the principal-agent problem whereby the agents (sellers of the mortgage) had incentives to (loan) sell off as many of these subprime mortgages as possible
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Contract Reflection Yinan Edwards Law 421 7/14/2014 Miriam Gold Contract Reflection After four weeks of studying‚ I found it that I am comfortable with week 2 and week 3‚ but I struggled with week 1 and week 4. Since my background is different from others‚ and China has few in common with the American law system‚ I found it very difficult to understand the law structure and the UCC sales. In the other hand‚ I had a few jobs in a special field‚ and I have run into some problems which are related
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