Marina 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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International Business Assignment About IKEA: the company was founded by Ingvar Kamprad in 1943 in southern Sweden. Following the company’s history over six decades‚ IKEA has grown from a southern Sweden woods producer to a major global furniture retailer operating in 40 countries around the world. (History‚ 2013) The business idea of IKEA is to offer a wide variety of well-designed products at low prices so that as many people as possible can afford themselves to buy the
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Research Paper: The principle of a separate corporate personality is a fundamental concept in Business Law. However this does not stop the courts from lifting or piercing the veil to see what lies beneath. Critically discuss this statement citing the relevant case law. As is evident with most principles of law there are exceptions to the doctrine of separate legal personality. The courts will generally depart from the principle separate corporate personality in certain instances where tools
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Case 1: In this case about 200 customers of Potter’s business were not notified of the termination of the agency and Aker who had been a sales agent for Potter for twenty years was also fired along with the termination of the company. Typically when there is a termination of an agency or a agency relationship the agent no longer represents the principal (Potter). However‚ if an agency is terminated the principal is under a duty of notification of the termination of the agency to the third parties
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decide whether make a contract or renew a contract with consumers. And also the insurance company wants to decide the price of the contract and terms and conditions of the contract on the basis of the information which is provided by the consumers. The law enforces a duty of disclosure on consumers when they are looking to take a new insurance cover or wants to renew the existing insurance cover. Insurance
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promised by the other contracting party. There are certain rules that govern a valid contract. THE ISSUE: The issue in the case is whether the agreement was legally binding upon Dream Design or whether it failed for want of consideration. THE LAW: If the promise merely fulfils an existing contractual duty to the promisor‚ he does not provide consideration to buy the buy promisor’s promise. In the case‚ Atlas Express Ltd. V.Kafco (Importers and Distributors) [1989] 3 W.L.R. 389 K entered
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HA2022 Business Law Tri 1‚ 2011 QUESTION 1 Sue Fairbairn is 35 years old. She is a commercial boat skipper who works for Whale Watching. She has held a commercial skipper’s licence for 15 years and is considered to be a very experienced whale watching skipper. To ensure she is always at the peak of her health she has annual medical examinations‚ which are conducted by her local doctor. Last week she was booked to take a group of tourists on a whale watching cruise leaving from Byron Bay and
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一方邀请另一方检验a statement’s validity 则这个statement通常不会被认为是term. 特别的‚若一方特别指出他的statement可信且不需被检验‚则这个statement通常会被认为是term * Written contracts (the parol evidence rule pp.178) 5. Implied terms (in law or in fact) * Terms implied in law: oblations imposed on certain commonly arising contracts 辨别方法:Has the law already defined the obligation or the extent of it? 可以当作先例为以后的case服务的 * Terms implied by the courts:两个要求 * 1) contract must be a defined type *
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B Bai 1 : Business Law: 40. Principle of Law: In this case‚ Esposito hired Excel Construction Company to repair a porch roof. All terms of the agreement were specified in a written contract. And the dispute occurred when Excel had repaired the rear porch roof because in the agreement failed to specify whether it was the front or rear porch that needed repair. Under civil law‚ two parties here had signed a civil contract in writing. Because the contract failed to specify clearly front or rear
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Business Law 304 Case Study case brief---Gregory‚ a comedy writer‚ entered into a contract with Wessel‚ a comedian. The contract provided that Gregory would provide Wessel with a 15 minute monologue for his upcoming appearance on the comedy hour and Wessel will pay $250 to Gregory. All performers could make $500 per appearance on the comedy hour. and when Wessel was scheduled to aper on the comedy hour‚ Gregory informed him that he was unable to provide the monologue‚ because last time Wessel
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