I. What is Law A. Law 1. Set of Rules 2. Created by Government 3. Enforced by Government B. Jurisprudence 1. Philosophy of Law II. A. Law as Power 1. Under color of authority B. Legal Positivism 1. Law is what law says C. Legal Realism 1. Who is in position to enforce D. Natural Law 1. Humans have rights regardless of law III. Three Factors for Free Market System 1. Law 2. Rule of Law A. Law is generally and equally applicable to everyone B. System of published
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1.INTRODUCTION Bangladesh is a combination of competitive market‚ business -friendly environment and cost structure that can give the best returns. Bangladesh offers a well-educated‚ highly adaptive and industrious workforce with the lowest wages and salaries in the regio n. 57.30% of the population is under 25‚ providing a youthful group for recruitment. The country has consistently developed a skilled workforce catering to investors needs. English is widely spoken‚ making communication easy
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2012 – OCTOBER SEMESTER 2012 STUDENT NAME: CHU THI HONG TUYEN ID No.: 2448481 BMLW5103 – BUSINESS LAW ASSIGNMENT Question 1 Discuss the enforceability of an agreement which lacks consideration. Using legal authorities (relevant statutes and cases) to support your discussion. Answer: A valid contract is an agreement made between two or more parties that creates rights and obligations that are enforced by law. What does the consideration mean? And what does it effect to the agreement? Consideration
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Business Law 115-351 Paper Topic Submission Form Name: suzi freitas I m a miller wrapper at PERGO. We make flooring‚ wall bases‚ stairnoses‚ quarter rounds etc. I would like to know about the rights of an employee over his/her employer‚ when it comes to take few hours off in two days in a week‚ for he/her educations. This is about me and my employer. I was working with them for 3 years and I used to be one of their potential workers. And then I took a decision to continue my education
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Introduction Knowing your business-level and corporate-level strategy can maximize the life of your organization. The business-level strategy focus on creating a value offering that is appealing to consumers while also being cost-effective. The business-level strategies determine who they will serve‚ what product or service will meet the needs of their targeted customers‚ and how they will keep their customers satisfied (Harvard‚ 2012). Corporate-level strategies help drive an organization and
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of Beech Nut‚ Lars Hoyvald. Most of us that work in a business environment today‚ will most likely use the principle of utilitarianism when making an “ethical” decision. We tend to look at our actions‚ or consequences of our actions‚ in order to determine the best decision. I believe that Lars Hoyvald used this method of ethical analysis when he determined to continue use of the concentrate from Universal Juice Company. The case clearly states that Hoyvald was urged by several executives to discontinue
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Lakeview Developments is a development company which plans to demolish the house and build some apartments. The contract was signed by Nicole and was also signed ’for and on behalf of Lakeview Developments Pty Ltd’ by Anthony Blunt‚ who showed her his business card describing him as the ’Developments Manager’ of Lakeview Developments. Nicole has just been informed by the company that‚ as Developments Manager‚ Anthony did not have authority to enter into the contract and the company
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Business-Level Strategies There are four generic strategies that are used to help organizations establish a competitive advantage over industry rivals. Firms may also choose to compete across a broad market or a focused market. We also briefly discuss a fifth business level strategy called an integrated strategy. 1. Cost Leadership – Organizations compete for a wide customer based on price. Price is based on internal efficiency in order to have a margin that will sustain above average returns
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The role of Federal Government and State Governments have been very important for a longtime in the United States. The relationship between Federal Government and State Governments are defined in the United States Constitution‚ which is a great guideline of development for us to run the entire country. In the Constitution‚ both governments have the same or their own powers. “The Federal and State governments share many similarities power such as setting up courts‚ building highways‚ spending money
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State governments‚ a step above local government but a step below federal government. They exercise reserved powers‚ in other words all powers not given to the federal government or the citizens of the state. These powers are established in the Tenth Amendment and include laws directed at the public welfare such as health and safety laws. In general‚ state governments are a practice of federalism which is the middle position between having a central government in total control and having the people
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