Legal Issues in Business Organizations University of Phoenix June 29‚ 2012 SITUATION A Employee A’s leave of absence is covered under the Family and Medical Leave Act (FMLA) of 1993. FMLA applies to all companies with 50 or more employees. This act mandates an employee be allowed up to 12 weeks of leave for qualifying circumstances. The birth of Employee A’s child is a qualifying circumstance under the domestic responsibilities clause of the act. Longevity a clause in the FMLA also makes
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CONTRACT LAW INTRODUCTION The Law of Contract governs the relationship between individuals in a wide range of circumstances. Everyday actions often involve making contracts and therefore the law has simple foundations. Contract law covers everything from simple shopping to large commercial deals and case law is wide in the matters that it covers also. Contracts are made by ordinary people in everyday situations many times a day e.g. buying a magazine‚ shopping‚ parking the car etc. Usually
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The NCAA (National Collegiate Athletic Association) is a billion dollar industry that reaches out to sponsor the athletic programs at universities all over the United States and some parts of Canada. It has been one of the wealthiest sport organizations over the years and continues to grow in revenue. The organization which is a nonprofit union is in charge of organizing the athletic programs of over 1‚000 colleges and universities. The corporate headquarters are located in Indianapolis‚ Indiana
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Introduction to Business Law- Assignment 1B Advise TLC Ltd. as to any possible action they may have for misrepresentation against answer Ltd. _____________________________________________________________________ Treitel in The Law of Contract (2003) defines a contract as: “An agreement giving rise to obligations which are enforced or recognised by law. The factor which distinguishes contractual from other legal obligations is that they are based on the agreement of the contracting
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Business & Company Law – ’11-’12 – Question 1 Introduction: Whenever a contract is to be formed‚ there are certain elements which should meet the requirement in order for it to be established. They are offer‚ acceptance (agreement)‚ consideration and intention. * Definition: Agreement – Is formed when an offer is made and accepted. * Communication: Must be communicated * Except in the case of a unilateral contract. * Two types of Communications: * Instantaneous
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Business Law II Exam I Review ____ 1. As part of a loan to pay for improvements to her restaurant‚ Courtney executes a negotiable instrument in favor of Tim. They are the only parties to the instrument. A negotiable instrument that has only two parties is The promissory note is the simplest form of commercial paper; it is simply a promise to pay money. A promissory note is a two-party instrument in which one person(known as the maker) makes an unconditional promise in writing to pay
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( 23 ) Az oil Co. agrees to supply a quantity of oil to CRT Distributors Bhd at RM24.00 per barrel or RM26.00 per barrel Discuss the legal status of such agreement. Az oil Co. agree to supply a quantity of oil to CRT Distributors Bhd at RM24.00 per barrel or RM26.00 per barrel. This is a contract and the contract is a legal‚ because Az oil Co agree to supply oil per barrel to CRT Distributors Bhd. Consideration need not be adequate Section 26 “ an agreement is not void merely because the consideration
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Law And Business Decisions Mustafa Q. Faisal Southern New Hampshire University Jan. 2015 Abstract In this paper‚ I will illustrate the impact of employment law on the business decisions‚ and how the employment law prevents the business owners and managers to make decisions inside the organization regarding the hiring‚ payment‚ promotion‚ and layoff based on the race‚ sex‚ religion‚ and age. I’ll discuss the impact of the government policies on the location decisions of businesses‚ and how the
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Assignment on Business Law Topic: Identify the food product (Maggi 2-Minute noodles)‚ Cigarette (British American Tobacco Group)‚ Electronic good (Symphony mobile phone) are safe or unsafe under the Consumer Rights Protection Act 2009. Submitted by: Group-5 Name ID. No. Muhammad Shahreer Imran (L) 100206007 Md. Masud Rana 100106002 Naguib Jahan Shafi 100206014 Md. Akhlas Hossain Subuz 110106019 Surma Akter Mili 100206003
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etc... Intellectual property can be created by you or you can pay someone to create it for you. Intellectual property is protected by trade secrets‚ patents‚ trademarks and copyright laws. Each of these laws covers a specific type of intellectual property. History of Intellectual Property Law Intellectual property law dates at least as far back as medieval Europe. In those times‚ “guilds‚” or associations of artisans in a particular industry‚ were granted authority by the governments to control the
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