went to court to sue the bank for a breach of contract. The breach was as a result of the good faith covenant and fair dealing. Additionally‚ she felt that the mortgage transaction was an example of unfair practice of violations in business under the unfair competition law of the state of California concerning unjust conversion and enrichment. On the basis of the second amended complaint‚ the bank had maintained the activity of procuring costly replacement insurance when mortgagors made a default on
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is to change the law as it applies to the general population. A minority of Private Members’ Bills becomes law but‚ by creating publicity an issue‚ they may affect legislation indirectly. Like other Public Bills‚ private Member’s Bills can be introduced in either House and must go through the same set stages. However‚ as less time is allocated to these Bills‚ it’s likely they will proceed through all stages. A Bill is a proposal for a new law‚ or proposal to change an existing law‚ presented for
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Business Law “The doctrine laid down in Salomon v Salomon & Co Ltd [1897] AC 22 has to be watched very carefully. It has often been supposed to cast a veil on the personality of a limited company through which the courts cannot see. But that is not true. The courts can‚ and often do‚ draw aside the veil. They can‚ and often do‚ pull off the mark. They look to see what really lies behind” - Lord Denning in Littlewoods Mail Order Stores v Inland revenue Commissioners [1969] 3 All ER 422.
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much can the innocent party claim if the actual loss suffered is $22‚000? Do you think generally‚ it is wise for a business to always have a liquidated damages clause? 2. At Your Service Pte Ltd is a big company which provides various travel related services‚ including overseas tour packages which are designed in-house. Tom‚ a customer‚ had booked a special in-house tour for 2 to Bali. Tom had booked the tour as he wanted to go to Bali for his honeymoon. However‚ subsequently Tom cancelled 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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or personal life‚ and how your knowledge has increased as a result of what you experienced through the learning activities in the previous week. * Submit your team summary of the discussion in a 1- to 2-page Microsoft® Word document. In week two I learned a lot about how different databases reflect in different ways according to the different business needs. During the second discussion question I learned about how the two major databases‚ Microsoft Access and Oracle are leading the top businesses
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University of Macau BBEL 230 –Business Law I Macau‚ 28 March 2010 MID-TERM EXAM (Part I) |Write your full identification‚ Western name and section. | |Only the legislation‚ without any forbidden notes‚ can be used. | |Dictionaries are allowed.
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Assignment Question Part A Issue The legal issue in this question is whether Jason Miao can go back on his promise of paying the extra $5‚000 to Damien‚ for covering the additional cost of materials and additional work needed to construct the swimming pool. Principle The underline legal principle applicable to this situation is that ‘once an offer is complete‚ or in this case accepted‚ the offer cannot be revoked’. Doing so would constitute to a breach of contract. The offer shows a clear intention
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Jessica Smith Professor Calarco How the Visual Arts Communicate 27 October 2014 In 50AD‚ the Romans were becoming more knowledgable in creating a sufficient water system that they began building aqueducts. The architecture and design‚ of what is known at the Pont Du Gard aqueduct in Rome‚ is remarkable. There are many similarities and differences between Pont Du Gard and the water system in my hometown of Charleston‚ South Carolina. Both water systems are functional in their own structural
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1 The two general approaches to negotiation are ________ bargaining and ________ bargaining. formal; informal affective; reflective emotional; rational distributive; integrative 2 When ________ is of importance in decision making‚ group decisions are preferred to individual decisions. efficiency acceptance of solution clear responsibility speed 3 As a consequence of the information circulated by the grapevine in an organization‚ employees experience increased member satisfaction increased
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