Q1. Understanding the concept of contract is the important thing in answering this question.” A contract may be defined as an agreement between two or more parties that is intended to be legally binding”. This answer will highlight the main points to see the differences between an offer and an invitation to treat.” An offer may be defined as a statement of willingness to contract on specified terms made with the intention that‚ if accepted there will arise a binding contract”. On the
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John F. Kennedy’s inaugural speech The 20th of January 1961‚ John F. Kennedy gives his inaugural speech to the people of the United States‚ but the speech is not only intended for them but also for the rest of the world. He gives his speech in a time were the world is troubled by the cold war - the USSR exploding some very large bombs during testing and then masterminding the building of the Berlin Wall separating East from West Berlin‚ but it is not only Berlin that is divided‚ the world is divided
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Rules of Offer and Acceptance are applied to enforce an agreement by the law. This agreement is the first requisite of any contract of the business. In order to a contract come into being between parties‚ the offer is made by the offeror and the oferee accept that offer. In 21st century‚ there are rapid changes in business trend which create lots of new business model such as e-business and global business. The more business participates‚ the more requirements of Offer and Acceptance Rules to adapt to
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Offer and Acceptance Offer and acceptance are elements required for the formation of a legally binding contract‚ the expression of an offer to contract on certain terms by one person (the "offeror") to another person (the "offeree")‚ and an indication by the offeree of its acceptance of those terms. The other elements traditionally required for a legally binding contract are (i) consideration and (ii) an intention to create legal relations. Offer and acceptance analysis is a traditional approach
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Eskom Transmission and lies partly in the users’ acceptance and willingness to use TAMS. Understanding why employees accept or reject information technology is one of the most important issues in information system research. The technology usage and its effective implementation depends upon users‚ having positive attitude towards it. Although the number of registered users of the system has grown recently‚ there is some evidence that TAMS acceptance is faced with problems. This evidence is supported
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Acceptance through Detachment Imagine getting horrible news that can change one’s life and change it forever but acceptance through detachment will make you see the news in a different light. Tuesday with Morrie is a memoir written by Mitch Albom. Acceptance through detachment is being able to accept the situation because of being able to detach from the horrible news. Being able to detach is something Morrie did quite often because it helped him accept what was going on in his life. To be happy
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There are many models have been developed to understand the factors affecting the acceptance of computer technology such as Theory of Reasoned Action (TRA) (Fishbein & Ajzen‚ 1975‚ Ajzen & Fishbein‚ 1980)‚ Theory of Planned Behavior (TPB) (Ajzen‚ 1985‚ 1991)‚ Technology Acceptance Model (TAM) (Davis‚ 1989)‚ Decomposed Theory of Planned Behavior (DTPB) (Taylor & Todd‚ 1995)‚ and Unified Theory of Acceptance and Use of Technology (UTAUT) (Venkatesh et al.‚ 2003). TRA proposes that individual
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Client Acceptance 1 C a s es inc lu de d in t his Se ction 1.1 Ocean Manufacturing‚ Inc. The New Client Acceptance Decision Instructor Resource Manual — Do Not Copy or Redistribute . . . . . . . . . . . . . . . . . . . . . . 3 Instructor Resource Manual — Do Not Copy or Redistribute Ocean Manufacturing‚ Inc. C a s e 1.1 The New Client Acceptance Decision Mark S. Beasley · Frank A. Buckless · Steven M. Glover · Douglas F. Prawitt
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satellite‚ Sputnik‚ into space on October 4‚ 1957‚ commencing the Space Race; then they continued by launching Yuri Gagarin‚ making him the first person to orbit Earth” (FactCite). About five years later‚ on September 12‚ 1962‚ President John F. Kennedy gave a speech at Rice University in Houston‚ Texas. Kennedy wanted to rally the audience to support NASA’s Apollo Program. This program’s sole purpose was to send a man to the moon in the next decade. If the president had kept this mission a secret‚
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Controlling Q3. _________________ means “group of activities & employees into departments.” a. Orientation b. Standardization c. Process d. Departmentation Q4. This theory states that authority is the power that is accepted by others: a. Acceptance theory b. Competence theory c. Formal authority theory d. Informal authority theory Q5. It means dispersal of decision-making power to the lower levels of the organization: a. Decentralization b. Centralization c. Deispersion d. Delegation
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