Genuine Assent Are you for real? -Valid‚ void‚ voidable. -Valid: perfectly fine contract. -Void: contract cannot be used. -Voidable: a party of the contract has the right to declare it void. -Unilateral Mistake: mistake by one party‚ has no effect on the contract. Contract must be followed‚ even with mistakes. Valid contract. -Mutual Mistake: mistake made by both parties. Causes agreements to be void. -Existence of subject matter. -Nature of the agreement. (For some really good
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Global business environment Individual coursework KIM KYUNGSIK 08025465 Nowadays‚ Regional integration by establishing trading bloc seems to be inevitable for most of countries because limited resources like oil and financial capital encouraged them to establish such a trading bloc like NAFTA. Among several trading bloc‚ European Union evolved more integrated politically and economically over last sixty years. Furthermore‚ European union have their own flag‚ parliament‚ council and commission
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Business Law I January 31‚ 2013 Corporate Structure Assessments Part A: A sole proprietorship is a type of business entity that is owned and run by one individual and in which there is no legal distinction between the owner and the business. The owner receives all profits (subject to taxation specific to the business) and has unlimited responsibility for all losses and debts. The IRS does not consider the sole proprietorship as a separate business entity. The owner reports
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BUSM 4176 Introduction to Management Semester 1‚ 2013 Assessment Task 2: Critical Essay Topic: What are the features of scientific management and how has it developed over the years? How has this affected the way businesses are run today? Frederick Winslow Taylor (1856 – 1915) was an American engineer who developed the scientific management theory in the early 20th century which was aimed at maximizing efficiency and production in work organizations‚ especially in regards to labour productivity
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legislation that affect employers in a business environment. Three main points that can have affect on employers are: Data Protection: The Data Protection Act 1998 (DPA) is a United Kingdom Act of Parliament which defines UK law on the processing of data on identifiable living people. It is the main piece of legislation that governs the protection of personal data in the UK. Although the Act itself does not mention privacy‚ it was enacted to bring UK law into line with the EU data protection
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Karen Boyd FCCA‚ Senior Lecturer at Northumbria University. Law for Business Students FIFTH EDITION ALIX ADAMS Law for Business Students provides an approachable introduction to the law for those new to the subject or studying law as part of a non-law degree. Alix Adams’ writing style brings the subject to life and encourages you to apply the law to your own experiences and the world around you. The new edition supports your learning and engagement with this area through a new colour design and
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How and why were Jim Crow laws invented‚ how did they affect america during the Depression Era‚ and how did they affect modern day america. How were Jim Crow laws invented? Jim Crow laws were invented in 1877 to divide white people from black people and make sure the made as little contact as possible. They were named after “a white man’s imitation of a dancing and singing black stableman. As a result‚ the white performers gave the name to a system of segregation in the South.” which is pretty
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3 2012/13 Student Number: 09018133 Submission Date: Before 3pm‚ 30 April 2013 Words Total: The UK and the EU: in or out? Advantages and disadvantages of EU membership for the UK. How would a UK outside the EU look like? Introduction Since the first stage of the nation’s participation in the EU‚ Britain has viewed membership as a means to an end-namely‚ securing the upside of the welfare-enhancing trade that comes with free access to hundreds of
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1.INTRODUCTION Bangladesh is a combination of competitive market‚ business -friendly environment and cost structure that can give the best returns. Bangladesh offers a well-educated‚ highly adaptive and industrious workforce with the lowest wages and salaries in the regio n. 57.30% of the population is under 25‚ providing a youthful group for recruitment. The country has consistently developed a skilled workforce catering to investors needs. English is widely spoken‚ making communication easy
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EU Commits EUR 610 Million to Ukraine in MacroFinancial Assistance The EU agrees to provide balance-of-payments support to Ukraine within its policy instrument of macro-financial assistance. The total of EUR 610 million‚ provided under the program‚ is to complement financing supplied by the IMF. The respective agreement between Ukraine‚ and the EU was signed during the 16th Ukraine - EU summit‚ held in Brussels‚ Belgium‚ on February 25‚ 2013. According to the document‚ the Eastern European
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