A legally enforceable agreement‚ or a contract‚ can be broken down in to five elements; offer‚ acceptance‚ consideration‚ capacity to contract and intention to create legal relations. In this scenario there doesn’t appear to be an issue with capacity to contract and intention to create legal relations‚ so we can assume that they are both satisfied. The issues concerning this scenario are the concept of an offer‚ acceptance and consideration. When looking at the issues and assessing them‚ the objective
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Yatie‚ and whether the the offer by Yatie was revoked or not. According to (Miller & Jentz‚ 2010) every contract will involve atleast two parties. That is the offeror and the offeree. The offerer is the party who makes the offer‚ and the offeree is the person to whom the offer is made to. OFFER As per (Clarkson‚ Miller‚ Jentz‚ & Cross‚ 2009) an offer is a promise or commitment to do or not to do a certain thing. And there are three elements for an effective offer to be legally bounding from
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• Agreement (Offer and Acceptance) • Consideration • Intention to create legal relations All three scenarios are supported by “consideration”. The general idea of consideration is that contracts involve an exchange in which both parties give something in exchange for the promise of the other. John offers his car in exchange for 10000 euros from Patrick. As the last two steps involved in a contract are met we only look at the agreement‚ if there is an offer and an acceptance
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applies. In the case of Quenerduaine v. Cole it stated where an offer was made by telegram and acceptance by post‚ it was not seen as reasonable that the postal rule should apply and therefore the acceptance took effect on receipt. This links closely to the case of Susan and Manesh as the issue is whether the postal rule applies. Although there was a firm acceptance of the offer‚ the fault came at the post office. Due to the fact that the offer was by email and the acceptance was by post‚ using the case
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related diversification and unrelated diversification. Starbucks is the largest coffeehouse company in the world; they not only sell coffee and coffee beans also sell other drinks‚ salads‚ sandwiches and snacks. Besides they bought the Hear Music Company and develop other business except coffee. Related diversification‚ occurs when a company develops beyond its present product and market whilst remaining in the same area. For example‚ Starbucks Corporation buys roasts whole bean coffees and sells
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Executive Summary Starbucks Coffee Company was founded in 1971‚ when it opened its first location in Seattle’s Pike Place Market. Starbucks was named after the first mate in Herman Melville’s Moby Dick and is the world’s leading retailer‚ roaster and brand of specialty coffee with coffeehouses in North America‚ Europe‚ Middle East‚ Latin America and the Pacific Rim. In Canada‚ Starbucks is a major player within the specialty coffee market. The top speciality coffee retailers in Canada are: Second
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Viewing the Globe in 2006 and 2056 U.S. software engineer living in 2006 I am an Indian male earning a living as a software engineer in Houston‚ Texas. I earned my degree in India prior to moving to the United States‚ and came here on an H1B visa. I went to work for Merrick Corporation‚ a large company that provides oil and gas companies with leading edge information technology‚ software‚ hardware and services to increase the efficiency of their drilling and production operations. The hours were
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‘Alice wrote to Bill offering to sell him a block of shares in Utopia Ltd. In her letter‚ which arrived on Tuesday‚ Alice asked Bill to ‘let me know by next Saturday’. On Thursday Bill posted a reply accepting the offer. At 6pm on Friday he changed his mind and telephoned Alice. Alice was not there but her telephone answering machine recorded Bill’s message stating that he wished to withdraw his acceptance. On Monday Alice opened Bill’s letter‚ which arrived that morning‚ and then played back the
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STARBUCKS IN 2009 1 TABLE OF CONTENT Starbucks issues and causes…………………………………………...….……………….2 Starbucks current strategies and evaluation…………………………..…….……………..4 Analysis and recommendations………………………………………………………….10 SOAR analysis……………………………………………………..………………..10 Competitive analysis…………………………………………………………….......11 Value chain analysis…………………………………………………………………14 Recommendations……………………………………….………………..…………17 Appendix………………………………………………………........................................18 References……………………………
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white knight. She offers Lisa a tender offer better than the white knight’s offer. This seems to cool down Lisa as they now converse on a much lighter note Lisa. The resolution of this anticlimax comes when Paul stands and begins to sing “Nothing could be finer than to be in Carolina‚” the same song Lisa was singing at the beginning of the play. This brings about the resolution of the conflict inherent at the beginning. The main characters talks about in the play‚ “Tender Offer” are Lisa who plays
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