DEVELOPING CONTRACTS IN PURCHASING & SUPPLY Welcome to the ‘bonus’ features of your Profex Study Pack! This material is intended to support‚ extend and focus your study and revision for your Developing Contracts exam. While you’re on-line‚ browse through the content and use any links that look interesting. We’ll flag updated material for you in blue text‚ so that you can quickly see where there’s something new. You may want to save this as a Favourite in your Web browser‚ and opt to have access
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Does having a lower socio economic status influence the choice to participate in university in Australia? What reasons might there be for this? Low socio economic status is part of the under-represented group in Australia‚ which also consists of ethnic background and indigenous Australians. People who are classified in the low socio economic group generally have poorer education‚ income and occupational status compared to members of the medium and high socio economic group. This group has a
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Status of women in society As a woman I have no country. As a woman I want no country. As a woman‚ my country is the whole world.” Virginia Woolf God has created every thing in pair. He has blessed man with physical erudite and women with the spirutal power. Which make women more emotionally strong caring loving and whizz full person. One must not forget that every legend
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different groups in business world‚ whether negatively or positively. Thesis and Preview: Today‚ I would like to talk about the effects of the e-commerce sales tax on the three stakeholders involved in this event: consumers‚ Amazon and state governments. Transition: First‚ let’s look at how online sales tax would impact consumer behaviors. Main Point 1: When talking about sales tax‚ we‚ as consumers ourselves‚ apparently would love to spend less money getting the best goods and service.
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Six Essential Elements of an Enforceable Contract In normal everyday life contracts are utilized for various situations and reasons. Some contracts are more binding as compared to others based on the six elements of offer‚ acceptance‚ consideration‚ the parties’ capacity to contract‚ the parties’ intent to contract and the object of the contract. This paper examines the above mentioned elements using a contract existing between a customer and a phone dealer. The phone dealer dealt with used but
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Elements of a Contract Bus 670 Legal Environment Abstract In order for a contract to be valid‚ it must meet certain standards. Contracts can be formed by two parties for multiple reasons‚ but must hold up to the same standards in court to be valid. The first element of the contract is the offer. The offer is very important because it is where the contract initializes‚ and is presented to the offeree by the offeror (Mallor et al.‚ 2010‚ p. 307). The second element is acceptance. In this
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burden of weight and obesity falling disproportionately on the poor. There is a powerful inverse relation between obesity and socioeconomic status in the developed world‚ especially among African-Americans. So‚ what is responsible for this association? There are at least two possibilities: obesity influences socioeconomic status or socioeconomic status influences obesity. But there is strong evidence supporting the latter as highlighted by the causal pathway between being poor and being at higher
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forward and futures contracts are traded on exchanges. b) Forward contracts are traded on exchanges‚ but futures contracts are not. c) Futures contracts are traded on exchanges‚ but forward contracts are not. d) Neither futures contracts nor forward contracts are traded on exchanges. 2. Which of the following is not true (circle one) a) Futures contracts nearly always last longer than forward contracts b) Futures contracts are standardized; forward
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Business Scenarios and Case Problems 9-1. Contracts by Minors…Discuss Kalen’s liability in this situation. Kalen is a seventeen year old boy who rented an apartment for $500 a month‚ after consistently paying for rent for 4 months‚ he decides to return the key and not pay rent for the rest of the remaining months on the contract. I would think that this is classified as “disaffirmance”. Since he is seventeen‚ and a minor when he leaves the apartment‚ he is able to legally avoid his contractual obligation
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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 valid. If only one party offers consideration in contract‚ the agreement
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