Review Questions 1.1 1. What is a ‘business’? A business is a decision-making organisation involved in the process of using inputs to produce goods and/or provide services. 2. What are the purposes of business activity? Businesses exist to satisfy the needs and wants of people‚ organisations and governments. Needs – are the basic necessities that a person MUST have in order to survive. Wants – are the desires that people have. Wants are said to be infinite since people always want more
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tort paper on nuisance Nuisance Nuisance is a common law tort. It means that which causes offence‚ annoyance‚ trouble or injury Under the common law‚ persons in possession of real property (land owners‚ lease holders etc.) are entitled to the quiet enjoyment of their lands. However this doesn’t include visitors or those who aren’t considered to have an interest in the land. If a neighbour interferes with that quiet enjoyment‚ either by creating smells‚ sounds‚ pollution or any other hazard that
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objectives of business -----‘Accounting is dubbed “language” of business activities conducted by firms as it is used to communicate business transactions per se to all stakeholders’ According to Weygand‚ Kieso and Kimmel (2012‚ p.4)‚ the main purpose of accounting is consists of three basic activities‚ identifying‚ recording and communicating the business events by users. These three activities help the firm to operate the business to make decision be meaningful. Business has
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INTRODUCTION Determining whether Mr. Fullman has an actionable claim under the Alien Tort Statute (“ATS”) and whether the Fourteenth Circuit has jurisdiction over this matter can be determined by the same answer. If Lansdale can be held liable under the ATS‚ the Fourteenth Circuit has jurisdiction. If suit is barred against Lansdale‚ due to his status as a corporation‚ the Fourteenth Circuit lacks subject-matter jurisdiction and‚ thus‚ the case must be dismissed. The Supreme Court has not determined
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paragraph each based on the courseware and what you learned in class. There is no need to research or use case law to answer these questions. 1) For purposes of liability Of land occupiers‚ what class of entrants is Joey considered part of? What are the rights of this class of entrants? What special rule or doctrine could potentially lead to Mr. Jones’ liability to Joey? Abnormally Dangerous Activity: An undertaking that cannot be performed safely even if reasonable care is used while performing it and
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Unit 3 Criminal Law and Cyber Crimes Assignment 3: Case Analysis MT311-06 Business Law StevenPorter7 Professor Noel Ransom Unit 3 Case Analysis The Case Review the following case. Prepare an analysis that will demonstrate your ability to both answer the questions presented and incorporate theories and concepts from this week’s material. Armington‚ while robbing a drugstore‚ shot and seriously injured Jennings‚ a drugstore clerk. Armington was subsequently convicted in a criminal
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General Introduction and Comparision of Contract Laws between China and America Name: Yingxi Pu 1 Contents I. Concepts and Features of Contract and Contract Law A. Concept and Features of Contract 1. Concept of Contract 2. Features of Contract B. Concept and Features of Contract Law 1. Concept of Contract Law 2. Features of Contract Law II. Comparison of Development History and Textural Difference between Chinese and American Contract Laws A. Different Development Histories of Contract Legal
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Management in all business and organizational activities is the act of coordinating the efforts of people to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises planning‚ organizing‚ staffing‚ leading or directing‚ and controllingan organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources‚ financial resources‚
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Corporation Statement of Facts: Sandra Seller wants to form a corporation. She has a thriving business in which she buys cheap jewelry and then re-sells it at her store at a substantial profit. She needs some extra cash right now to buy a new store and she does not want to risk her personal assets by taking out a loan. Therefore‚ Sandra has decided to form a corporation. Sandra would like to sell shares of her business to anybody who is willing to invest in her company‚ but she wants to limit the total number
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BUL4310 Is Corporate Social Responsibility beneficial towards Businesses? DCAA Law Firm – Question #14 By: Abuhoff‚ Ryan Alvarez‚ Jessica Caldera‚ Nataly Di Stefano‚ Valentina 3/27/2013 Corporate social responsibility originated in the eighteenth century when Scottish moral philosopher and pioneer of political economics Adam Smith expressed that the needs and desires of society could best be met by the free interaction of individuals and organizations in the marketplace.
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