industries (Teriesen). Acquiring company refers to the firm which shares are continuing exist‚ but it may be under a different name‚ and the target company is referred to the firm whose shares are substituted by the acquiring company. The merger of BA and Iberia With the influence of the economic crisis‚ many industries have a negative effect. T the air transportation in Europe also has a strong hit. The majority of airlines in Europe are facing a difficult trading condition‚ losing a lot of money
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DISTINGUISH BETWEEN SALE AND AGREEMENT TO SELL DOCUMENTS OF TITLE TO GOODS CONDITIONS AND WARRANTIES DOCTRINE OF CAVEAT EMPTOR RIGHTS OF UNPAID SELLER DELIVERY – RULES REGARDING DELIVERY SALE BY AUCTION Introduction Originally‚ the law relating to sale of goods was contained in Chapter VII of the Indian Contract Act‚ 1872. The same was repealed and re-enacted by the Sale of Goods Act‚ III of 1930. Definition (Section 4) A contract of sale of goods is a contract whereby the seller
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interviewed by Bill Roth about Sustainability‚ with regard to running a business enterprise like the one she does. The venue seems to be the business premise that is owned by Debora’s family. In the video‚ Debora outlines some of the most important issues to put into consideration when running a business in order to achieve sustainability. As evident from the video‚ Debora uses the knowledge and experience gathered from running the business to share some of the tips and lessons she has gathered. The video
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Memorandum To: Andy Auditor From: Xiaoqi Chen Date: March 26 2013 Subject: Abstracts from AU-C §265 AU-C §265 gives the follow definitions of deficiency in internal control‚ significant deficiency and material weakness. * Deficiency in internal control. A deficiency in internal control exists when the design or operation of a control does not allow management or employees‚ in the normal course of performing their assigned functions‚ to prevent‚ or detect and correct‚ misstatements on a
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agreement is made when there is an offer with the intent to be bound by the offer‚ reasonably definite terms‚ and communication of offer to offeree by offeror. The offer could be terminated either by revocation‚ rejection‚ expiration‚ or operation of law. Brian can argue that there was no agreement to begin with‚ and thus there was no contract. There was no offer made (the advertisement in the LA Times for the seminar was not an offer but an “invitation to negotiation”)‚ and reasonably definite terms
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an offer. According to section 13‚ "Tow or more persons are said to consent when they agree upon the same thing in the same thing in same sense." Thus‚ consent involves identity of minds in respect of the subject matter of the contract. In English Law‚ this is called ’consensus-ad-idem’. Contract act sec 14‚ is the which has been obtained by the free will of the parties. No pressure in the form of coercion fraud undue influence‚ mistake and misrepresentation in
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year ended 31 December 2013. British Airways (‘BA’ or ‘the Group’) is the UK’s largest international scheduled airline and one of the world’s leading global premium airlines. The Group’s principal place of business is London with significant presence at Heathrow‚ Gatwick and London City airports. Operating one of the most extensive international scheduled airline networks‚ together with its joint business agreements‚ code share and franchise partners‚ BA flies to more than 400 destinations worldwide
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from a sudden event like: dumping‚ war‚ natural disaster‚ etc. However‚ in most of the cases‚ the exchange rate risk is considered as one of many business risks that companies have to anticipate and face. In this case‚ the event that the value of Swiss franc rose against the U.S. dollar‚ which reduced the profit of the importer‚ was just a popular business risk. Moreover‚ the effect of this currency fluctuation just reduced a half of the importer’s
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proprietor of the store‚ or the cleaner or the floor polish manufacturer The case states that Dylan incurred medical expenses due to slipping on the highly polished floor when shopping at Quills Department Store. This case applied to Australian common law‚ implied terms of negligence. The first issue is whether the proprietor of Quills Department Store is liable to Dylans injury. In order to determine‚ there are three steps must be satisfied. Firstly‚ if the proprietor owed a duty of care to Dylan need
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The Case of Avco Environmental Services Participant: Mohanrasu G Batch : PGXPM 10 Questions: What should Chantale do? What are the reasonable limits on loyalty to one’s employer? Would it make difference if Chantale had a position of greater authority? Would it make a difference if Chantale had scientific expertise? Chantale Leroux had reported to her immediate supervisor as soon as she got to know that the medical wastes are getting disposed of in municipal landfill. Immediate
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