Business Law Notes- July‚ 10‚ 2008 Review from previous class session July 3‚ 2008 The Rules of Law regulate relations Public Law: Relations between state and individuals • Exercise of power for state authority • Based on the Roman-German Tradition • Associated with the meaning of ‘Res Publica‚’ (which means State & Society collectively) • Great Importance placed on Public Law-according to the European Continental Tradition Anglo-Saxon Law: Based on Common Law • Case Law (law
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1. What are the four elements of a valid contract? A contract is an "agreement between parties‚ with terms and conditions that describe the agreement that constitutes a legal obligation" (All Business). A valid contract requires four elements and these are: a. Mutual agreement there must be a meeting of the minds between parties. There should be an offer and an acceptance. There should be an agreement to enter into the contract b. Consideration - meaning that "every party is conferring a
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clearly what output is expected‚ and progress and performance can be accurately measured. Colleagues depend on one another in order to receive inputs and provide outputs‚ the work standard for employees needs to be consistently good to enable the business to function efficiently. 2. Explain the purpose of taking on new challenges and being able to adapt to change at work. Good businesses constantly improve and adapt to new technologies and challenges. Sometimes this change
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SUBJECT: ARBITRATION DISPUTE RESOLUTION. TOPIC: ARBITRATION AGREEMENT. SUBMITTED AT: UILMS. SUBMITTED TO : SUBMITTED BY: Assistant Professor Rachit Aggarwal Dr. Anupam Kurlwal Roll no. 1631 TABLE OF CONTENT 1. Section 7 :Arbitration Agreement of Arbitration and Conciliation Act. 1.1 Explanation of the Section. 1.2 Form and Location of an Arbitration
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------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- INTERNATIONAL BUSINESS LAW ------------------------------------------------- BUSA 391 – SUMMER 2010 Prepared For: Professor Leslie Beck By: Gabriela Popescu ID: 260224311 June 17‚ 2010. Six months ago‚ Antiques R Us (a Canadian corporation) entered into a contract
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Genuine Assent Are you for real? -Valid‚ void‚ voidable. -Valid: perfectly fine contract. -Void: contract cannot be used. -Voidable: a party of the contract has the right to declare it void. -Unilateral Mistake: mistake by one party‚ has no effect on the contract. Contract must be followed‚ even with mistakes. Valid contract. -Mutual Mistake: mistake made by both parties. Causes agreements to be void. -Existence of subject matter. -Nature of the agreement. (For some really good
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Contract Creation and Management LAW/531 October 17‚ 2011 Contract Cron and Management The objective for the contract creation and management assignment was to review The Nature of Agency video. After watching the video‚ the assignment asks for an analysis of the issues presented in The Nature of Agency video. The video elaborates on how someone signature can cause the company a lawsuit. In the video‚ the company Quick Takes Video is facing a collection claims from Non-Linear Pro because of a
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Employment law compliance plan Lori Ficklin HRM/531 June 3‚ 2014 Michelle White Memorandum Date: June 3‚ 2014 To: Traci Goldeman From: Lori Ficklin Subject: Bollman Hotels’ Employment law compliance plan for India Dear Ms. Goldeman‚ Thank you for the opportunity to provide the essential details of employment law compliance for Bollman Hotels ’ global expansion into India. Currently‚ Bollman Hotels‚ an organization with 25‚000 employees‚ operates in Minneapolis‚ Minnesota. The transition to a
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Business Writing portfolio You are a public relations manager called upon to present some information regarding changes in retail store operations to three different sets of stakeholders of a retail clothing store chain. The stakeholders include store managers‚ store employees‚ retail customers and the public. You must explain adjustments made to combat rising gas prices in an effort to save money on store operations while allowing employees to come to work on fewer days per week. Stores will now
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The United States comprised of three levels of government: Federal‚ state‚ and local levels. All levels of government create‚ manage and oversee laws on their distinct levels of government. However‚ none of these levels have specific knowledge in any one area of expertise and therefore rely on extending their lawmaking abilities to additional governing bodies known as administrative agencies. “An administrative agency is an official governmental body empowered with authority to direct and supervise
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