may be defined as an agreement between two or more parties that is intended to be legally binding. Every promise or promises which form the consideration for others is an agreement. It may be Oral or in writing. Well‚ in this short note‚ I am trying to explain the essential ingredients which shall form part of any agreement 1. Title: of the parties shall be clearly mentioned. 2. Recital 3. Tenure of agreement 4. Purpose/Scope of agreement 5. Commercial/Consideration part 6. Clause on Notice
Premium Contract Law Common law
Procter & Gamble— Scope 44 CASE 26 A s Gwen Hearst looked at the year-end report‚ she was pleased to see that Scope held a 32 percent share of the mouthwash market for 1990. She had been concerned about the inroads that Plax‚ a prebrushing rinse‚ had made in the market. Since its introduction in 1988‚ Plax had gained a 10 percent share of the product category and posed a threat to Scope. As brand manager‚ Hearst planned‚ developed‚ and directed the total marketing effort for Scope‚ Procter & Gamble’s
Premium Dental plaque Brand management Brand
landscape maintenance project is one year (365 days) beginning the first Monday in March. All work must be scheduled to be completed within this time frame. If there are any modifications or need for extensions‚ we will meet the first Monday and last Friday of each month to review progress and address any issues should they arise. All meetings will be held in the basement of the main hall and access will be provided to the selected contractor by our security staff. All extension requests by the
Premium Museum Natural environment Environment
corporation and a partnership. The LLC operating agreement is a document that dictates how the LLC will function. The amount of time it takes to create the operating agreement depends on the specifics of the LLC. Other names: Don’t confuse this document with the articles of organization‚ which may also be known as the certificate of organization or certificate of formation‚ depending on the state you live in. Who should use this form? The LLC operating agreement provides a detailed breakdown of each member’s
Premium Corporation Generally Accepted Accounting Principles Types of business entity
loan agreement Covenants/Negotiating points 1. Purpose of Loan. Many lenders will try to make this section as specific as possible‚ which limits the Borrower’s flexibility. Instead‚ the purpose of the loan should normally be for “general corporate purposes”‚ or something similar. The Lender will have plenty of other ways in which to check on the use of funds and the Borrower’s financial viability without having the limitation specified in the Purpose section. 2. Availability/Commitment Fee
Premium Debt Loan
The Scopes Trial of 1925 was not simply a case to be tried‚ but a war to be fought on many fronts‚ set against the back drop of the hottest summer Dayton Tennessee had ever experienced. Along with the extraordinary temperature came the heat of passion emanating from those people involved in the trial. From the science to the theology‚ the fundamentalist’s folks to the flourishing flappers‚ and the suited lawyers to the appareled primates‚ everyone was prepared for battle‚ with the American public
Premium Scopes Trial William Jennings Bryan United States
competitors H and L. They are similar in all respects except H maintains much higher inventory than does L. 1. Low-cost operations. Costs include materials‚ scrap‚ labor‚ and equipment capacity that are wasted when products are defective. When a process drifts out of control‚ competitor H’s large lot sizes tend to result in large quantities of defectives. The EOQ does not consider the cost of defectives‚ and erroneously assumes that setup costs are constant. Small lots cause frequent setups‚ but
Premium Inventory
What was fief-holding‚ and how was it related to manorialism? Fief was the land or other kind of profits that was granted to a vassal in return for military service (224). The person who gave the fief was the master of the vassal who obtain it. The vassal was consequently the lord of the peasants who worked his land. The vassal took a pledge of homage‚ to be the lord’s "man" or servants when needed. The service usually acquires the form of military support as a knight in war times (226).
Premium Feudalism Middle Ages Social class
the mission was to launch the second part of the TDRS-B to improve the older version. A TDRS-B is a satellite that transports data from space to Earth. It was also supposed to have the first non-astronaut in space for the Teacher in Space Program. But 73 seconds into the launch the Challenger exploded killing all seven crew members. It will still continue to be known as a great disaster in NASA that affected many of their ways of doing things. The purpose of the Challenger mission was to improve
Premium Space Shuttle Space Shuttle Columbia Space Shuttle Challenger
Communication in business is the passing on of ideas and information and building relationships in this way‚ however in the process of doing so sometimes some issues and conditions may arise that might hinder the ideas and information being passed on from being understood clearly these are what we refer to as communication barriers. Therefore‚ it’s very important to identify the barriers of business communication to get your message across clearly. Organizational communication involves formal and
Premium Communication