The Federal government had more power than the state government because the United States Constitution decided to give the federal government more power. States government did not work because the articles of confederation failed to establish power. Federalists were supportive of a a federal government where the constitution should imply powers and the government should have the power make laws. The anti-federalist wanted the states to have all the states to have power and to have each state to have
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distinct i.e.‚ a buyer and a seller‚ to effect a contract of sale and they must be competent to contract. ‘Buyer’ means a person who buys or agrees to buy goods [Sec 2(1)]. ‘Seller’ means a person who sells or agrees to sell goods [Sec 2(13)] (State of Gujarat vs. Raman Lal & Co.‚ 1965) b. Goods: There must be some goods the property in which is or is to be transferred from the seller to the buyer. The goods which form the subject-matter of the contract of sale must be movable. Transfer of
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likelihoods of product default. The seller sometimes may claim these warranties impliedly or expressly. They also may disclaim warranties or restrict buyers to a few requirements to qualify for a warranty. A warranty is a promise‚ arising by operation of law‚ that something that is sold will be merchantable and fit for the purpose for which it is sold. Express warranties: need to be communicated by words to the consumer by the seller. The seller can communicate the agreement in a written contract or
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same meaning. 2. If a corporation is properly incorporated in one state and wants to do business in a second state‚ the corporation a. 0 must incorporate in the second state b. 0 must do nothing because being incorporated in one state entitles the corporation to do business in all states c. 0 register with the Interstate Corporation Commission d. 0 may be required to obtain a certificate of authority from the second state 3. Limited partners can lose their limited liability by a. 0 investing
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Levels of strategy • Corporate strategy (eg. Virgin‚ Nestle) Strategic Management Business‐level strategy Different ways of competing at the level of the individual Business Unit (SBU) How can competitive advantage be sustained? Hyper‐competition – Which industries/markets should we be in? – How is the corporate portfolio managed? • Business strategy (eg. Virgin Atlantic‚ Nestle babyfood) – Tactics used by an SBU to compete in the market • Generic strategies and how to sustain these
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Part A Question 1 Step 1 Identify the legal issue The legal issue is whether the element of agreement requires the formation of a valid contract. Step 2 Explain the principles of law relevant to that issue with reference to authority (cases and/or legislation) The element of an agreement is one of the three elements of a contract intention to be legally bound either in formal execution in a deed; or consideration. Agreements means a meeting of the minds on at least those essential
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Remember that these questions were designed to help guide the analysis you might do to develop appropriate recommendations. You need to focus on identifying and solving the major problem(s) in the case. Make sure you understand WHY you’re doing each analysis and how you will use it to guide your recommendations. GOLIATH PRODUCTIONS – QUESTIONS The CEO of Goliath Productions has hired your consulting firm to produce a report on this possible breach of contract case‚ including recommendations
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Federal court The Federal Court is the highest judicial authority in the country. It was established pursuant to Article 121(2) of the Federal Constitution. Its decision binds all the courts below. The Federal Court hears appeals from the Court of Appeal. Leave to appeal must always be obtained prior to proceeding with the appeal. The Federal Court is headed by the Chief Justice. According to Article 122(1) of the Federal Constitution‚ the Federal Court shall consist of the Chief Justice‚ the President
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Business and Law Coursework Assignment With regard to the case‚ there are two legal issues needed to be handled. First‚ it is needed to determine whether 1) Tommy can sue Ada for not reducing the height of fence which is eracted along the side of Ada’s garden 2) Mickey can sue Ada for not fulfilling her promise to pay $1000 for Mickey’s help. To determine the two legal issues‚ we need to consider if any contractual relationship was formed between them. To begin with‚ a contract is a legally
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imported from Antioquia province in Colombia – I will pay you $3.00 per pound. The coffee should be delivered to my place of business in Panorama City on or before 12 March 2008. I will pay the full price for the coffee by 25 March 2008.” On 5 February 2008 Luis‚ who owned Colombia Coffee‚ Inc. -- a business that imported coffee from South America to the United States -- sent an e-mail to Gerald that said: “I would like to accept your offer – I will provide you with the coffee that you requested
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