What does it mean to be ethical? According to google the definition of ethical is “relating to moral principles or the branch of knowledge dealing with these”(Google). Being ethical has a lot to do with being moral. It has to do with knowing the difference of wrong and right. In business being ethical is a huge part. Being ethical in a business is a major key to success. Being ethical in a business can be the difference to make or break. When it comes to making decisions in a business you can either
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Business Law What is Business Law? Businesses interact in many and varied ways. To name just a few types of business transactions‚ there are contracts‚ mergers and acquisitions‚ leasing‚ etc. How these transactions are carried out is overseen by Business Law. Additionally‚ how businesses are formed is a large part of Business law. This area of law is very wide-ranging‚ although it deals primarily with defining the rights and responsibilities of businesses‚ rather than enforcing these laws. Because
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Question 1 Explain in which way an agency may be terminated by operation of law. (3marks) Answer: An agency is created by express appointment when the principal appoints the agent by express agreement with agent. This express agreement may be an oral or written agreement between the principal and the agent. There are four factors can cause the termination by operation of law. i. Agency is terminated by frustration In Marshall v Glanvill‚ Glanvill who is a firm of drapers appoints
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How does the law protect the rights of consumers?! The monumental changes in the last two centuries have rendered consumers especially vulnerable to unfair business conduct. In reaction to this the law has set out exactly what the rights of consumers are‚ and attempts to protect them through a number of ways. Over the years‚ the courts have made numerous decisions in relation to consumers and businesses and the result has been a thorough body of common laws that regulate the formation of contracts
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2‚ 15.3‚ 15.4 12.1 Jerome is an elderly man who lives with his nephew‚ Philip. Jerome is totally dependent on Philip’s support. Philip tells Jerome that unless Jerome transfers a tract of land he owns to Philip for a price 30 percent below market value‚ Philip will no longer support and take care of him. Jerome enters into the contract. Discuss fully whether Jerome can set aside this contract. Yes‚ I believe Jerome can set aside the contract because it was formed under undue influence and duress
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So when the wise ones said ‘work is worship’‚ they meant doing what we do with the sense of worthiness or respect. When we understand that all work—big or small—is valuable and do it with reverence‚ then our work becomes worship. “Work is Worship” is a very old proverb which means there is no better way to worship God except to be working hard and this is fully justified by what man has achieved during the course of his development which is the result of hard work over long periods of time. He
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written law in the society It is important because rules need to be established in case someone breaks them (and people tend to). If they aren’t written‚ smooth-talkers will be able to talk their way out of punishment while less charismatic people will be punished more severely‚ and some judges will be far kinder than others (warning versus jail term). It is also harder to say "we need to punish domestic crimes more severely" when there is no set rule or punishment. Simply put‚ written laws are required
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Course Title: Success Strategies for the Hospitality and Service Industries Course Number: M900 Full Name: Jackey Assignment Title: Academic Writing and Presentation Word Count: 1388 The article: Generational differences in work values: a study of hospitality management was conducted by the author to understand the structure of hospitality work values and its perception among 3 different generations of managers and supervisors (Chen‚ P.‚ & Choi‚ Y.‚ 2008). In order to achieve this objective
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In order to understand how the American government works‚ one must address the questions‚ who governs and for what purpose. However‚ the obvious answer may not be the correct one. Many may think that those who govern are the people or perhaps politicians. In actuality‚ there is no definite individual or particular group who governs. Instead governing is a process‚ which involves several groups (voters‚ candidates‚ parties‚ executive officials etc) who carry out the policies of the people by
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Title Course Instructor Date Women’s Progression Through Employment and Labor Laws The United States of America is known as the land of the free and home of the brave. Americans are privileged to live in a society where there are laws created and continuously enforced to ensure the protection of the citizens’ rights. Law-breakers have consequences and punished for their wrongdoings and not obeying the law. The government is expected and challenged to practice equality in all decisions
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