BUSINESS LAW. I SEM MBA ONE MRKS QUESTIONS: 1. What is void agreement Void means having no legal value and agreement means Arrangement‚ promise or contract made with somebody. So void agreement means an agreement that has no legal value. “An agreement not enforceable by law is said to be void”. [Sec 2(g)] A void agreement has no legal effect. An agreement which does not satisfy the essential elements of contract is void. Void contract confers no rights on any person and creates no obligation
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Negligence: All the necessary elements of negligence must be proven by the plaintiff‚ and any possible defence must be countered‚ in order to successfully sue someone for negligence • Negligence is a tort‚ involving another person’s failure to take reasonable care in circumstances where their conduct might foreseeably cause us harm or loss. What is a tort? • The Law of Torts is concerned with minimum standards of conduct expected between people. • To establish liability
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AVAST END USER LICENSE AGREEMENT (FREE VERSION) PLEASE READ THE TERMS AND CONDITIONS OF THIS LICENSE AGREEMENT (“AGREEMENT”) CAREFULLY BEFORE USING THE SOFTWARE (AS DEFINED BELOW). THIS IS A LEGALLY BINDING CONTRACT BETWEEN YOU AND AVAST SOFTWARE a.s.‚ A COMPANY DULY ORGANIZED AND EXISTING UNDER THE LAWS OF THE CZECH REPUBLIC‚ REGISTERED IN THE COMMERCIAL REGISTER MAINTAINED BY THE MUNICIPAL COURT IN PRAGUE IN SECTION B‚ INSERT NO. 11402 (“AVAST”). BY ASSENTING ELECTRONICALLY‚ INSTALLING
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Part A Question 1: Step 1 The issue of law it that for a reasonable contract to be established‚ whether the element of agreement required for the formation of a contract can be formed in parties. Step 2 A legally enforceable contract can be organized by three significant parts; there are intention‚ agreement and consideration. With regards to agreement‚ it means a discussion of the consensus on critical terms needed for a workable transaction. Generally‚ while the parties intended‚ an agreement
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The marketing mix determines much of a business’s sales and will ultimately determine the success or failure of a business. For this reason the marketing mix is the most important element when determining a business’ marketing plan. Whilst the marketing plan is based upon many things the marketing mix takes into consideration the factors which influence customer choice. All business’ must determine their own marketing plan based upon their own needs and goals of marketing‚ as a result of this Billabong
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Product Liability Law Outline I. Introduction Imagine getting the same old dog or cat food for your pet that you always get and all of a sudden your pet gets sick and dies. Is this a case that can be filed against the business you bought the food from‚ the company that made the food‚ or both? Should companies be held accountable to a higher degree? II. Definition of Product Liability Business Law: The Ethical‚ Global‚ and E-Commerce Environment
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Grocery‚ Inc. Grocery‚ Inc. is a retail grocery store chain based in Any State; U.S.A. Grocery has stores throughout the United States. Grocery has written contracts with many different vendors to purchase the products they sell in their stores. Vendors range from individuals to international corporations. Tom works as the produce manager for the store in My Town‚ U.S.A. Jeff‚ 17 years old‚ is spending his summer vacation working for Tom in the produce department. A.) Does Article 2 of the Uniform
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may provide a mechanism fir the price to be determined: s8(1)SGA. If no price is determined‚ the buyer is to pay a reasonable price based on the circumstance of each case: s8(2)‚ (3)SGA Duty of Sellers (Pg 362) Implied Duties SGA provisions on duties and sellers are implied by force of law into every
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Q1 (a) What do you mean by “NEMO DAT QUOD NON HABET”? What are the exceptions to the general rule? Answer: Nemo dat quod non habet signifies that if you are not the legitimate owner of an item you are not justified to despatch it to anybody else as you cannot give something that does not belong to you‚ i.e. you do not have. This is designed to protect the true owners. If anybody is trying to sell an item without that legitimate owner’s permission‚ however‚ that transaction is unlawful. This principle
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Scenario: Grocery‚ Inc. is a retail grocery store chain based in Any State; U.S.A. Grocery has stores throughout the United States. Grocery has written contracts with many different vendors to purchase the products they sell in their stores. Vendors range from individuals to international corporations. Tom Green works as the produce manager for the store in My Town‚ U.S.A. Jeff Fresh‚ 17 years old‚ is spending his summer vacation working for Tom in the produce department. Assignment: Using the scenario
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