"How and why fraud invalidates a contract include in your treatment of this subject examples of undue influence and duress that can arise in the business context" Essays and Research Papers

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    concerning artificial intelligence (AI). What is artificial intelligence and what is the media talking about? Are these technologies beneficial to our society or mere novelties among business and marketing professionals? Medical facilities‚ police departments‚ and manufacturing plants have all been changed by AI but how? These questions and many others are the concern of the general public brought about by the lack of education concerning rapidly advancing computer technology.<br><br>Artificial intelligence

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    Fraud Triangle

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    Discussion Topic #1 The fraud Triangle is a very important tool in seeking to understand why people commit fraud. In the examination of any fraud case according to the Fraud triangle there are three major elements‚ pressure‚ opportunity and rationalization. To illustrate the relevance of these three factors we can examine a recent fraud case i.e. the South Carolina Hospitality Association. In this case Rachel Duncan was the accountant for South Carolina Hospitality association‚ she is charged with

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    Contract

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    distinguished from offers because they contain no demonstration of present intent to form contractual relations. No contract is formed when prospective purchasers respond to such terms‚ as they are merely invitations or requests for an offer. Unless this interpretation is employed‚ any person in a position similar to a seller who advertises goods in any medium would be liable for numerous contracts when there is usually a limited quantity of merchandise for sale. An advertisement‚ price quotation‚ or catalogue

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    function smoothly. This holds just as true in the world of business which‚ as discussed earlier‚ is part of society. Therefore‚ when we consider ‘Ethics versus Law’ in the area of business we cannot mean that one opposes the other but that‚ depending on circumstances and situations‚ one is effective where the other is not (or that one is more effective than the other.) The application of ethics in business would mean that the parties in a business relationship (whether the business itself‚ or customers

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    Logic and Subject

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    instructions 2.Imaginative- for literacy expression 3.Ideation- for expressing ideology 4.Manipulative- for others to make things done Types of Logic: 1.Formal- refers to the correctness of structure‚ sequence and rules. 2.Material- refers to the subject matter‚ content or truth. Logic of Concept Simple Apprehension- act of the mind wherein it understands or comprises knowledge on the nature or essence of a thing without affirming or negating anything or also called “Ideogenesis.” Idea- deduced

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    All Agreements Are Contracts

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    AGREEMENT AND CONTRACT 1. Introduction Dear students‚ welcome to the lecture series on Business Regulatory Frame Work. Today we are going to discuss the Indian Contract Act 1872. Before I start my discussion on the contract‚ I would like to make you aware that the Indian Contract Act 1872 came enforced on the 1st day of the September 1872. It is applicable to whole of the country except the State Jammu & Kashmir. The course related to the law is designed to impart the knowledge to the student

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    Billing Fraud

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    Medical Billing Fraud What is Medical Billing Fraud? It is an attempt to fraudulently obtain payments from insurance carriers. Medicare and Medicaid are the most susceptible to fraud because of their payment arrangements. Fraud in medical billing cost tax payers and medical providers millions of dollars annually. In 1996‚ HIPPA established the Health Care Fraud and Abuse Control Program (HCFAC) to help combat medical billing and health care fraud. Fraud is an act done with the knowledge that you

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    Introduction For a contract to appear in the situation of the question‚ one of agent employed to do any act for another while one of principal which is represented in business transactions….. Issues Ian had been assigned to be in charge of an art gallery that owned by Sarah while she is away on a business trip. Ian understood that he cannot buy any item for the gallery without approval and cannot offer a discount on any displayed items without Sarah’s permission. While Sarah is away‚ Ian sold an

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    THE LAW OF CONTRACT

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    THE LAW OF CONTRACT IN GHANA (These notes have mainly been culled from Mrs. Christine Dowuona Hammond’s seminal work on the Law of Contracts.) INTRODUCTION Contracts are made by people every day‚ whether the parties recognise it or not. Each time one spends money on anything – a bus ticket‚ an airline ticket‚ a pair of shoes‚ a meal in a restaurant‚ laundry services‚ books‚ or signs a lease‚ etc. one concludes a valid and legally binding contract. Contracts may be oral or written;

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    Internal Fraud

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    The Global Fraud Survey not only provides information about different types of frauds schemes and characteristics of fraud perpetrators but also provide a deep insight into the red flags associated with it. According to Survey‚ Two thirds of frauds were committed by males‚ between the age of 31 and 45‚ and male perpetrators have caused twice the loss as compared to women perpetrators. According to the article‚ only 7% of fraud perpetrators had previously been convicted or charged with fraudulent

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