Case Scenario: Big Time Toymaker Case Scenario: Big Time Toymaker Did the parties have a contract? If there was a contract between Big Time Toymaker (BTT) and Chou it was a bilateral contract that was binding when BTT (offeror) paid Chou (offeree) $25K in exchange for limited negotiation privileges for a 90-day period. Consequently‚ BTT bought the rights to negotiate the distribution agreements for Chou’s board game. A bilateral contract is an agreement of two promises and two performances. The
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Learning Team Weekly Reflection Law/421 University of Phoenix In Week one of Contemporary Business Law‚ Team A learned about substantive‚ procedural‚ criminal‚ civil‚ common‚ and statutory law. In the reading assignments for week one‚ we discerned the differences that separate the laws and how the courts enforce the laws. Corporations and businesses are awarded protections under the Amendments to the
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the 25‚000. After that the oral agreement came to be played in. And last came the final details of what else should be included all in it. There was a chance of making it a contract but like stated before without a signature nothing came about. 3. Does the fact that the parties were communicating by e-mail have any impact on your analysis in Questions 1 and 2 (above)? 1- There was no analysis based of a email and still giving the factor of no signature created nothing in the end. 2-Basically
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Discussion Questions One LaShanda Prejean LAW 421 Peter Derouen March 5‚ 2013 Discussion Questions One 1. To what extent does succession planning—such as for wills‚ estates‚ and trusts—affect business? How might these legal topics interact with your current or past job or industry? Every company succession plan carries the three bases that are will‚ trust and estate. The will‚ trust and estate provided a financial security and help plan the future. The purpose
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Law 421/Week Two What are the elements of negligence? How does an intentional tort differ from negligence? Provide examples. Intentional torts can be described as deliberate acts to harm someone. Negligence can be described to deliberately choose not to act in order to fix a problem which ultimately results in someone being harmed. There are several elements that need to be present in order for a claim to be considered negligence (Melvin‚ 2011). According to our text these elements need to be present
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| Tort Actions | Week 3 Law 421 | | David Tiffany UOP | Shalandrea Jones | October 29‚ 2012 | Torts are civil laws that are broken and are rules for lawsuits. When these rules are broken they can result in injury and harm this is usually the basis for the claim. Torts are punishable by imprisonment but in most cases tort law is to provide relief for damages and to stop others from doing the same thing
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BUGusa‚ Inc.‚ Worksheet Use the scenarios in the Bugusa‚ Inc.‚ link located on the student website to answer the following questions. Scenario WIRETIME‚ Inc.‚ Advertisement Has WIRETIME‚ Inc.‚ committed any torts If so‚ explain. Scenario WIRETIME‚ Inc. (Janet) Has WIRETIME‚ Inc. committed any torts If so‚ explain. In this case Janet is working for BUGusa‚ the contract she signed will be valid for 2 more years. In the contract it states that Janet is not to work for any competitors wither it is if
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Article Review-Part A Lora Carr LAW/421 July 29‚ 2013 Joseph Sette Article Review-Part A The Sarbanes-Oxley Act of 2002 was put in to place as a way of preventing and deterring future accounting fraud‚ protecting shareholders‚ and increasing confidence in public company financial reporting. However‚ SOX has imposed tremendous new duties and costs on public companies and accounting firms. Some individuals may call it an object failure while SOX hoped to create more confidence in capital
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Case Scenario: Big Time Toymaker LAW/421 Case Scenario: Big Time Toymaker Read the “Theory to Practice” section at the end of Ch. 6 of the text. Answer Questions 1 through 6 based on the scenario in the “Theory to Practice” section‚ and complete the following in your response: At the conclusion of the situation‚ BTT says that it’s not serious about releasing Chou’s new technique game‚ Strat. Presuming BTT and Chou have got a deal‚ and BTT has breached the
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Week 2 Reflection Team B Law/421 July 16‚ 2015 Week 2 Reflection Team B Week one material has opened up my eyes to the things that I was apparently Oblivious to; about laws and the foundation in which they were birth. Also‚ how certain laws are carried out; and which individuals will benefit from the laws. My father has always stressed to my siblings and me the importance of knowing our rights. He felt that if we know what our rights are we can stop the constant cycle of people violating them.
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