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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of Law Sakiya Patton Contemporary Business Law LAW/421 Majid Safaie‚ Esq. July 2‚ 2014 Role and Functions of Law In this essay the student will define the functions and role of law in business and in society in reference to the case brief Cipollone v. Liggett Group‚ Inc.‚ et al. Also‚ the student will discuss the functions and role of law in her present job. Last the student will provide the conclusion followed by the list of references. Functions and Role of Law Defined
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Employment Law: Immigration Immigration has become a huge topic in the United States for the last several years. House Bill 1804 has transitioned Oklahoma business owners to find individuals with legal status to fill their staff. In this paper I will discuss how this bill has impacted farmers and local businesses with labor work the average American wouldn’t do for the low pay. House Bill 1804 In 2007‚ House Bill 1804 was established in Oklahoma. This is a strict anti-illegal immigration law introduced
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DEPARTMENT EXAM TEST BANK SPRING 2011 True/False Indicate whether the sentence or statement is true or false. __F___ The Offeror Is The Party With The Power To Decide Whether To Create A Contract. __T___ An offer made as a joke‚ where a reasonable person would conclude that it was made as a joke‚ cannot result in a contract. __T___ The communication of an offer can be made by the offeror or the offeror ’s agent. __T___ Generally‚ advertisements‚ catalogs‚ price lists‚ etc. are not treated
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becoming a global issue. So as it stands‚ environmental law has both international and national perspectives. I will take you through to both the perspectives of environmental law and also discuss in detail five international conventions of significance constituting provisions for the protections of environmental law. First let us go through what is meant by environmental law. WHAT IS ENVIRONMENTAL LAW? According to Wikipedia‚ Environmental Law is stated as a collective term describing international treaties (conventions)
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Intentional Tort is a purposeful act committed by a person against another person that results in harm. In this case it is a nursing assistant harming a patient. An example is a nurse put poison in the patient’s food to inflict harm on them. The case I found was about 16 year old Rachelle Harris. On July 4th‚ 1988 Rachelle tried to commit suicide and was checked into a psychiatric unit of Baptist Hospital. Rachelle was then raped by a nursing assistant on July 16th‚ 1988. Dr. Isabelle L. Ochsner
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Re: Applicable Employment Laws for Landslide Limousines Dear Mr. Stonefield‚ As per our conversation‚ I understand that you want to start a Limousine Service with 25 employees on your first year of business. During my research I found that there are applicable laws for the State of Texas. There are 5 specific laws that needs to be address in order to having a successful business. In this memo we will provide your company a brief description of the employment laws that should be implemented
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UNIVERSITI TUNKU ABDUL RAHMAN ACADEMIC YEAR 2005/2006 DECEMBER EXAMINATION UBML1053 BUSINESS LAW THURSDAY‚ 15 DECEMBER 2005 TIME: 2.00PM – 4.00PM (2 HOURS) BACHELOR OF COMMERCE (HONS) ACCOUNTING YEAR ONE Instructions to Candidates: Section A : [Total: 40 marks] 1. This section consist of ONE (1) compulsory question 2. Answer ALL the sub-questions. Section B : [Total: 60 marks] 3. This section consists of THREE (3) questions. 4. Answer only TWO (2) questions. 5. No marks will be given for any extra
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CONTRACT & AGENCY LAW END-OF-COURSE ASSESSMENT JULY 2012 PRESENTATION Submission Date : 08 Sept 2012 Question 1: Legal issues: As there are different parts to “Clause 8” in the employment contract which Julia as an employee has signed with Calypso Private Limited‚ we shall examine four separate legal issues. The first legal issue is whether Calypso is able to enforce part (a) of Clause 8 which states that Julia shall not be directly or indirectly
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PLAN First of all‚ I will introduce the origins of contract law in business law. Secondly‚ briefing the basic requirement of the formation of a contract such as offer because to understand an offer is the first step in the formation of a contract. As well‚ states others formation of the contract: an intention of the parties‚ acceptance‚ legality‚ capacity and consideration roughly. The supporting example of cases will be given. Furthermore‚ I will explain how to determine the formation of a contract
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