How Macroeconomics affects business Macroeconomics is a branch of economics that explores trends in the national economy as a whole considering the study of the sum of individual economic factors. Macroeconomics considers the larger picture‚ and an understanding of how do business operates is crucial to understand macroeconomics. Macroeconomics is intertwined with business because business is affected by the factors that constitute macroeconomics. Circular-flow diagram: a visual model of the economy
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| Assignment 1 | MBA 6163 Business Law | | Wan Chin HuiMBA-CUCST/F/12//03/0005(2792 Words) | | | Table of Contents Task 1 3 Task 2 6 Task 3 11 References: 15 Task 1 Mrs. Turner has decided to start her own business running a private day nursery. It is necessary for her to find appropriate premises. She sees a detached house‚ which would be appropriate‚ on the market for £200.000. After having viewed the property she decides to make a bid for the property for £150
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Ethical Misrepresentation One might argue that misrepresentation of academic credentials as demonstrated by Marilee Jones‚ the dean of admissions at the Massachusetts Institute of Technology (Lewin‚ 2007) and a lie are not the same thing. She knowingly falsified information and suppressed it for several years; this is an ethical misrepresentation of epic proportions. When people misrepresent skill sets or academic accomplishments to achieve certain goals‚ they chose to play an ethical game of
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BUSINESS LAW ESSAY PLAN ➢ Acceptance must be communicated to be effective. ➢ Where the parties contemplate acceptance by mail‚ acceptance will be complete as soon as the letter is properly posted. Postal rule definition ➢ Actual communication versus constructive communication ➢ Actual acceptance (real) versus constructive acceptance (postal rule) (Graw p.89) ➢ Contract is an agreement which the law enforces. ➢ Contract law is the basis of business law ➢ Two main sources:
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Class: SUD1 Business Law Assignment 2 Law of Tort and Negligence Business Law Assignment 2 Law of Tort and Negligence Memo To: Padmanaban Badri Narayanan. From: Doan Le Khanh Vy (Ivy). Regarding: Report On Common Law. Date: 9th December 2012. I am Ivy from class SUD11‚ Sunderland of University. I write this memo to you in order to aid you comprehend my work easier. I have spent a great deal of time for this assignment. This is the first time I study law‚ so there a great
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Trohin Business Law William A. Shelby 2/13/2013 Introduction At the course of Business Law‚ we got the knowledge about the contract. In addition we have an assignment that provides a contract analysis. This evaluation of the contract will be reviewed in accordance with the following requirements: 1. What specifically makes this contract enforceable? 2. What are the responsibilities
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Contract Law 1 Intention to Create Legal Relations In order for a contract to be valid there must be intention to create legal relations. Enright notes ‘the requirement of intention to create legal relations is a final doorkeeper in contract. It determines which agreements supported by consideration shall be covered by contract law and which shall merely be morally binding.’ This requirement was expressly stated for the first time in Heilbut‚ Symons & Co V Buckleton. Friel notes that important
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Whale- 17202259 I. Contracts- Research Outline The concept of separate rules‚ laws and outlines being implemented and acting simultaneously to form the legal frame work around a particular area of law seems certain to create questionability rather than certainty. [1] However doesn’t the Electronic Transactions Act 2000 (NSW) simply aim to fulfill the requirements for traditional contracts; their validity will still be rely on their adherence to the principals of common law. Electronic transactions
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Semester 2 2014 Fundamentals of Law: Contracts Assignment Name: Student ID: Table of Contents 1.0 Case 4 2.0 Questions 4 3.0 Memorandum 5 4.0 Reference 9 1.0 Case Semester Two 2014 Bea‚ an amateur art collector‚ read the following ad in the paper: “Steven’s Art and Antiques – The Finest in Collectibles – Internationally Recognised Artists!” Bea went to Steven’s store and spotted a large painting signed with the name “Master”. Bea asked Steven‚ “Is this an original
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intention of the parties when some error or mistake has been committed. 1 It is predicated on the equitable maxim that equity treats as done that which ought to be done. 2 Therationale of the doctrine is that it would be unjust and unequitable to allow the enforcement of a written instrument which does not reflect or disclose the real meeting of the minds of the parties. 3 However‚ an action for reformation must be brought within the period prescribed by law‚ otherwise‚ it will be barred by the mere
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