Contracts Contracts are an important part of everyday life. They are an essential part of business. As a student of a business law class‚ I will discuss in this paper several aspects of contracts. This paper will give a definition of a contract and the essential elements necessary to form a valid contract. It will briefly discuss breach of contract and the difference between a material breach and a nonmaterial breach of contract. Examples of legal and equitable remedies available for breach
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This pack of LAW 421 Week 3 BUGusa‚ Inc. Worksheet shows the solutions to the following problems: Use the scenarios in the BUGusa‚ Inc.‚ link located on the student website to answer the following questions. 1. Scenario: WIRETIME‚ Inc.‚ Advertisement Has WIRETIME‚ Inc.‚ committed any torts? If so‚ explain. 2. Scenario: WIRETIME‚ Inc. (Janet) Has WIRETIME‚ Inc. committed any torts? If so‚ explain. 3. Scenario: WIRETIME‚ Inc. (Steve and Walter) Discuss any liability BUGusa‚ Inc. may have for
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The Functions and Role of Law in Business and Society Courtney Cunningham LAW 421 June 22‚ 2015 Professor Milton Luoma The function and Role of Law in Business and Society What is the meaning of law? If you were to look up the online meaning of law‚ most likely you will find this definition: “a body of rules of conduct of binding legal force and effect‚ prescribed‚ recognized‚ and enforced by controlling authority”(The Free Dictionary‚ 2013). Another way of looking at it is a group of rules of
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Law in Business and Society LAW/421 January 28th‚ 2013 C.J. Hughes The role of law in business and society plays a critical role and has both moral and ethical implications. Businesses laws help regulate business and social behavior in the marketplace and provide an ethical compass for businesses and consumer to follow. This is accomplished by providing the laws on a federal and state level to govern our actions and provide guidelines for conflict resolution. There are federal laws‚
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1 2 CHAPTER Distribution Customer Service and Logistics If you want a Coca-Cola‚ there’s usually one close by— no matter where you might be in the world. And that’s no accident. An executive for the best-known brand name in the world stated the objective simply: “Make Coca-Cola available within an arm’s reach of desire.” To achieve that objective‚ Coke works with many different channels of distribution. But that’s just the start. Think about what it takes for a bottle‚ can‚ or cup
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Grocery Inc. University Of Phoenix Business Law BUS 415 Rulon Huntsman July 09‚ 2008 Grocery Inc. Grocery Inc.‚ a retail grocery stores chain based in Any State‚ U.S.A. needs to renovate their store. Grocery Inc. entered into an enforceable contract with Masterpiece Construction explaining the renovations must be complete within a six-month period. Masterpiece‚ unable to complete the renovations within the six-month time limit due to a sudden increase in new contracts‚ sub-contracted
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Employment Law Scenario Amy Giordano LAW/575 January 26‚ 2015 David Weischadle‚ II Employment Law Scenario When starting a new business‚ it is important to make sure that you will be following all of the proper regulations and compliances. There are many that a new business needs to think about. As Barbara’s Bakery LLC is almost ready to open their doors‚ they have called me in as a consultant to make sure that they are within compliance for the Fair Labor Standards Act of 1938 (FLSA)‚ and the Americans
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Week 1 Law 421 Role and Functions of Law Paper Contemporary Business Law LAW/421 Role and Functions of Law Paper Based on reading from the week 1 material and the case brief given from week 1‚ there will be an explanation of how the Supreme Court’s language and results of the case reviewed show the preemptive power of congress in upholding the laws set forth by congress in opposition from the State Law. There will also be a review of the rulings effect on other
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Role and Functions of Law Paper University of Phoenix/Axia Law/421 – Contemporary Business Law Role and Functions of Law Paper The word law is defined as a system of principles and regulations of ethics and rules in order to keep people and also things in line‚ a set of rules of conduct. There are many functions of law in business and in society. Without the functions of laws many companies‚ etc. could and would not survive. Law is very valuable within businesses
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MGT 5015 Organizational Planning and Development CASE 1: C & C GROCERY STORES‚ INC. 1. In general‚ how did C&C’s first organizational structure contribute to the store managers’ dissatisfaction? The overall managerial structure of the company inhibited communication and cross training for its managers. The lack of communication between functional specialties keeps cooperation down and thus can lead to poor performance. The inability to be cross trained in multiple functional
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