Florence Low Poh Geok Program / Intake: BCom27 Module: Commercial Law Lecturer: Daniel Theyagu Student ID: 32736209 Program Manager: Hazel Ong / Ang Kang Ling Total Words Count: 1998 Question 1A The legal point in question is whether Leila advertisement constitutes a binding contract and that she go can back on her promise of paying the reward $50 to Julie for returning the gold chain and locket to her. Relevant principle of law relating to this issue is that an advertisement made to the world
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The English word “law” refers to limits upon various forms of behavior. Some laws are descriptive: they simply describe how people‚ or even natural phenomena‚ usually behave. An example is the rather consistent law of gravity; another is the less consistent laws of economics. Other laws are prescriptive - they prescribe how people ought to behave. For example‚ the speed limits imposed upon drivers that prescribe how fast we should drive. They rarely describe how fast we actually do drive‚ of course
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Problem 1 Issue1 Is the La Rochelle website‚ including the slogan‚ protected by copyright law? Law Copyright law protects text‚ images and other forms of expression. The requirements for protection are as follows: (1) The creation is a ‘work’ or ‘subject matter other than works’; (2) The creation is original; (3)The creation is expressed in a material form. Application The slogan is not a ‘work’ or ‘subject matter’ because Single words‚ names‚ titles‚ slogans are too short to be protected
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Agency Costs and Financial Decision-Making The Concept An agency relationship is a contract under which one or more persons (the principal(s)) engage another person (the agent) to perform some service on their behalf which involves delegating some decision making authority to the agent. If both parties to the relationship are utility maximizers and they may have divergent goals and objectives‚ and there is good reason to believe that the agent will not always act in the best interests of the
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Creation and Management - Nature of Agency LAW 531 June 18‚ 2012 Contract Creation and Management - Nature of Agency Successful contract creation is essential for two or more different parties to conduct business. A contract needs to be full of specifics and lacking in ambiguity‚ otherwise interpretations‚ based on needs and experience‚ can and will be made by both sides. One such area of potential ambiguity in a contract is that of agency. Agency is a relationship where a principal
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Text Reader Agency and Employment Law Dr. Jay-D Olivier INHOLLAND UNIVERSITY Diemen‚ Haarlem‚ Rotterdam Course Year 2010-2011 Term 5 Internal publication INHOLLAND University of Professional Education International Business Management Dr. Jay-D Olivier (BA Law‚ MA‚ D. Law‚ Ph.D) Contents Agency Law 3 Principal’s Duties to the Agent 18 Liability
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by-laws AUDIT 610 ADVANCED AUDITING ETHICAL CONDUCT & CODE OF ETHIC Prepared for: Madam Fairuz bt Fauzee Prepared by: Nur Rabiah bt Radzi Nur Hidayah bt Johari Nurul Hanisah bt Hasan Rohayu bt Rashid ACB 8Ba Question 1 1. There is violation of ethical conduct under professional independence( Financial interest).it is because Wani not take part in the audit of the client and the value of her shares is not material in relation to her husband wealth. 2. According
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1. An agency problem is prone to exist in public corporations because: E. management is frequently separated from ownership.2. Larson‚ Inc. has total assets of $248‚000 and an equity multiplier of 2.5. What is the debt-equity ratio? E. 1.5 3. Kate wants to invest $1‚000 for five years. Which one of the following will provide her with the largest future value? B. 7 percent interest‚ compounded monthly 5. Hilltop‚ Inc. earns $.12 in profit on every $1 of sales. The firm pays out 55 percent of its profits
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Paper Managing organizational change in a criminal justice agency is similar to organizing change in the organizational setting but the change will be impacted by other aspects such as the due process rights of the citizen‚ a strict hierarchy‚ procedural or substantive laws‚ and the organizational culture. For example the police culture is strictly hierarchal and focused on investigating crimes within the confines of due process law. Any changes in the police culture will require a bureaucratic
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individual understands that there provisions in the law that might make it impossible to have their privacy for the sake of national security 2:The Spying Agent The agent has a duty to ensure that whatever he does causes no harm to himself and to others. The spying agent has a responsibility to respect other people‚ ensure that the rights are granted. The spying agent understands that his duty may
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