This essay will discuss the Case study by firstly identifying four elements of contract‚ then justifying duties of Mr. Martin with applying the principles of pre-existing contractual duties. Finally a discussion about part payment of debt and promissory estoppel will be explained. Likewise‚ this essay will evaluate the knowledge of common law and agency relationship. QUESTION 1 a) Four essential elements of a contract should be Offer‚ Acceptance‚ Intention to create legal relations and Consideration
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Case Study 1 – Harry goes it alone Harry was really bored with his job as second chef in a top-of-the-market hotel. He was also tired of being ordered around by the manager and the head chef. He never liked taking orders and had always hoped to use his talents preparing food for customers in his own restaurant. The main problem was his lack of business experience. Harry had just been to a business conference with a friend of his and had been interested in the franchising exhibition there. One
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Organization Structure Evaluating the organization structure will be a great step towards maintaining growth in Phoebe’s business. The organization structure will indicate how decisions are made within the form‚ the leadership role and the responsibilities of every employee (Kurtz‚ 2010). The organization structure details the way the employees and the management view the business and its future growth. Phoebe ought to take a managerial stand to effectively lead her team towards this new growth. Phoebe
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Introduction IBM is one of the most successful technology and consulting companies in the world. In 2012‚ its brand name is in second place in international brand equity rankings‚ just behind Coca Cola. With its 433‚362 employees it is operating in 170 countries and able to generate profit of $15.85 billion per year. The company itself has been founded in 1911 trough a merger of three technology companies. In 1924‚ the company’s name was changed to International Business Machines‚ abbreviated to IBM. Initially
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OIL AND NATURAL GAS CORPORATION . Case study of Business Environment‚ Conducted by : Karan Desai Course : B-tech‚ HNC. Ecube Global College. Table of contents History………………………………………………………. Company profile……………………………………………… Company vision and aims…………………………................. Organizational structure……………………………………. Task 1 ……………………………………………………….. | learning outcome 1………………………………………… Task 2 ……………………………………………………….. | learning outcome 3……………………………………………
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AEREN FOUNDATION’S Maharashtra Govt. Reg. No.: F-11724 [pic] SUBJECT: BUSINESS ENVIRONMENT (MARKS : 80) GROUP A: CASE 1 Q1) Imagine that you are in-charge of a major chemical plant‚ manufacturing points. At present‚ the general awareness about the mandatory requirements for chemical industry is very low. Even if the compliance
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Examination (PSLE) this year. His school made a referral and would like me to see Zhang Jie. I am a social worker in a community-based agency providing school-based social work. Zhang Jie’s teachers observed that for the past three months‚ Zhang Jie’s enthusiasm and concentration in class has declined. His grades too were affected. Zhang Jie expressed that he was feeling stress. He is stress with his studies as he is taking his PSLE this year; which is a major milestone examination. He feels the pressure
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Case Study – Extreme CCTV (all details discussed in this case study have been taken from the Extreme CCTV case study as presented in Cases of entrepreneurship: the venture creation process (Morse & Mitchell‚ 2005)) Student Name: Katrina Binotto Student Number: S3172726 Course: BUSM 2367 – Business Enterprise One 1. If you were Jack Gin‚ what would you do: acquire Derwent Systems‚ based in Newcastle‚ UK‚ to extend its reach into Europe‚ or focus on the IPO? When assessing if
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Case Jonathan‚ a moneylender makes a loan of $1‚000 to Sheba on Sheba’s representation that she is 19 years old. Sheba is in fact 17 years old. She enrolled for diploma course with a private college for $500‚ spent $200 on a holiday‚ and the balance of $300 on a mini hi-fi set. She now refuses to pay Jonathan. In this case‚ we are acting for Jonathan (plaintiff). Jonathan sues Sheba (defendant) because of free consent and capacity. Free consent that we talk is about misrepresentation whereas capacity
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Chapter FOUR The ECONOMIC Environment CLOSING CASE: Meet the BRICs [See Fig. 4.5.] Over the next 50 years‚ changes in the relative performance‚ scale‚ and scope of the world’s economies will be dramatic. Most notably‚ data indicate that the combined economies of Brazil‚ Russia‚ India and China—the so-called BRICs—should surpass those of the G7 nations by 2050 [see Fig. 4.5]. In fact‚ of the original G7 nations‚ only Japan and the United States will still rank among the world’s largest
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