work for the contract to be sent off to be closed. i. The conditions of the closing were that there was no deposit to be paid but that a special clause was to be included. c. When the closing date arrived‚ Thomas‚ representing his un-incorporated business‚ did not have the funds. II. Facts relevant to legal issue a. The buyer was not able to fulfill the contract. b. The contract - The clause - Any failure to close within 2 days of the stated closing date shall be deemed a breach of contract. Legal
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Rebecca Freedline Strayer University Business law Bernie Madoff Bernard L. Madoff (Bernie) is still making news headlines. He is currently incarcerated for numerous illegal and unethical behaviors. I am going to: Describe three types of illegal business behavior alleged against Bernie and explain how the behavior is illegal or unethical. Name three types of parties who were impacted by the actions of Bernie and how. Describe three business safeguards that may have prevented
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Kayla Adams September 7‚ 2012 International Business Case #2 The European Energy Market 1. What do you think are the economic benefits of liberalizing the EU energy market? Who stands to gain the most from liberalization? * I think that by liberalizing the EU energy market‚ all energy companies can buy energy from the cheapest source and also customers have more choices in where they want to purchase their energy from which will in turn increase competition. 2. What are the implications
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Chernogorneft’s ownership that had been on- going for years. The partnership combined BP’s knowledge‚ equipment‚ and experience; and Russia’s new supply of oil fields. The business relationship that seemed to begin as a win-win for both parties has seen its share of issues over the years. Being a profitable business has not seemed to be a problem that TNK-BP has faced. From 2002- 2011 they have shown revenue growth year after year. In 2002 they showed sales revenues of $9.2 billion‚
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LEEDS METROPOLITAN UNIVERSITY FACULTY OF BUSINESS & LAW Business Strategy Questions Section 1 To what extent has Ryanair’s strategic growth been internally or externally driven? Section 2 Referring to the Ryanair case‚ critically discuss the extent to which low cost competitive strategies are sustainable. SWOT Analysis: Firm’s strategy should take external opportunities and threats and internal strengths and weaknesses into account. This is done by SWOT Analysis. The SWOT-Analysis
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The faith and sureness of the customer can have a straight and deep outcome on a corporation’s standing. If Techfite has a good name in the eyes of the public‚ clients may have a partiality for our business even if there are comparable businesses distribute the same products or services for changed values. The character of Techfite can empower a company to distinguish its creation in extremely competitive areas‚ permit it to have quality valuing‚ and
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no related internal control. For Simon Lee‚ the auditor of Cole Foods Limited‚ he should appraise the business environment of his client. Since there will be change of business environment‚ inherent risk may appear. Besides‚ he should figure out the business process which the client is applying now. He needs to know the engagement in the future because there will be some change in the business process. Amy Chan According to Amy‚ she make a conclusion that the AOP Electronics has no control risks
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Global Business Ethics Case Study Sophie and Carling Ltd. Paris‚ France 1. What are the main ethical issues? a) Corruption: Soroprom CEO handled $75‚000 in cash to Sophie‚ thanks for work and this serves as a gift to her. Sophie accepted that because she wanted to use this money to pay her lawyer’s bill to keep custody of her children. b) “Necessary sex” for the interests: Sophie attracted her supervisors‚ male co-workers. She used “necessary sex” to achieve her ambitious goal‚ she became
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Jason Peters MGMT 1125 Case 2 Questions 1. Social Responsibility is such an important concept in today’s world. If you do not practice it or worse‚ do the opposite‚ you will most likely find your company failing. I believe that every time a tree is cut down‚ a new one should be planted. If industrials are not conscious of their effect on different habitats and ecosystems‚ Earth will surely fail. Starbucks launched the Shared Planet website with three main goals: to achieve ethical sourcing‚ environmental
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but in actual the living wage in Vietnam was actually $3 per day. And neither of these governments did do anything about child labor problems or the sweatshop problems. The ethical challenges (that is the sweatshop debate) that confront the global business of Nike are as follows: On 17 October 1996‚ CBS News ran a 48 hour program covering the inhumane treatment of workers by their supervisors‚ the payment of wages below the legal minimum wage‚ and the sexual abuse of several women workers at Nike
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