Legal considerations The legal aspects are important for the business choice. Laws are different in every country. Laws would regulate business practice‚ define the manner and set down the rights and obligations. This made business have to run within the border set by law and definitely affects the efficiency and profitability when running business in that country. The type of legal system. The legal system in Spain and Korea is based on civil law‚ while court precedents are not granted official
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agreement is made when there is an offer with the intent to be bound by the offer‚ reasonably definite terms‚ and communication of offer to offeree by offeror. The offer could be terminated either by revocation‚ rejection‚ expiration‚ or operation of law. Brian can argue that there was no agreement to begin with‚ and thus there was no contract. There was no offer made (the advertisement in the LA Times for the seminar was not an offer but an “invitation to negotiation”)‚ and reasonably definite terms
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Legal Forms of Business Organizations Carol Sauceda FIN/419 February 4‚ 2013 Kristtine Donnelly Legal Forms of Business Organizations In business‚ there are legal forms that organizations are classified under. There are three most common forms of business organizations‚ sole proprietorship‚ partnership‚ and corporation. The life cycle theory of the firm starts out as a proprietorship. As a firm grows larger‚ more complex and needs more capital than is available from the proprietor‚ the proprietor
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Introduction A business also called a company‚ enterprise or firm is a legally recognized organization‚ designed to provide goods and services to consumers. According to the purpose of the business‚ ownership of the business and nature of economic contribution of the business; the business can fall into one of the three standard sectors. There are; private sector‚ public sector and nonprofit sector. The part of the economy concerned with providing basic government services is called public
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RAPIDS CHEESECAKE AND WINERY RESTAURANT BUSINESS LAW PLAN BUSI561 – Legal Issues in Business Liberty University November 11‚ 2010 ABSTRACT RAPIDS is a privately-owned company that operates a number of cheesecake and wine restaurants. Originally founded in New York City‚ RAPIDS has since expanded to include international locations. RAPIDS was formed as a subchapter S corporation. The company abides by the highest ethical principles and ensures that all employees maintain these high standards
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FLORIDA COLLEGE OF BUSINESS ADMINISTRATION DEPARTMENT OF MANAGEMENT COURSE SYLLABUS TERM: Fall‚ 2012 COURSE NUMBER: BUL 3130 COURSE TITLE: The Legal Environment of Business COURSE DESCRIPTION AND PREREQUISITES: Prerequisites: None. This course is required of all business majors. It introduces the student to law‚ its relationship to and impact upon business. Consideration is given to the Uniform Commercial Code‚ anti-trust regulations‚ employment law‚ criminal law‚ contracts‚
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Sietereales 11145609 LEGAWRI K32 Legal Writing vs. Business Writing There are 5 important elements in order to make a good legal writing. First‚ there must be proper spelling. It is obvious that spelling is a very key element in any kind of writing. Misspelling of a any word‚ name‚ address‚ location will seriously affect a legal document because in legal writing everything must be precise. The second important element is proper grammar and punctuation. One legal paper must have the correct punctuations
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JACK PILE UNDERPINNING This method can be used when the depth of suitable bearing capacity subsoil is too deep to make traditional underpinning uneconomic. Jack pile underpinning is quiet‚ vibration free and flexible since the pile depth can be adjusted to suit subsoil conditions encountered. The existing foundations must be in a good condition since they will have to span over the heads of the pile caps which are cast onto the jack pile heads after the hydraulic jacks have been removed
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CASE 1: FLASH AIRLINE FLIGHT 604 CASE 1. The French plaintiffs sued the Egyptian carrier Flash Airlines in France. Have a look at the Warsaw Convention of 1929 (research the text on the internet). Identify the liability rules for damage sustained in the event of the death and‚ separately‚ the clause that would justify French jurisdiction over the case. 2. Some French plaintiffs also tried to sue the US manufacturer and its US contractors. Is the Warsaw Convention applicable in this respect? How
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The main issue in the question� entails a discussion relates to corporate entity or personality. As noted a key feature of the company is that is a legal person with a separate existence from the company ’s members� or its directors. It is an artificial person in the eye of law that exist independently and separate from any other entity associated with the company. As a consequences a company can enter into contracts with its own shareholders� and own property in its own right. Beside that‚ a company
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