the same consequences has taken place‚ where by a prominent member of the political party (Jonathan) threatened to persuade all Richard’s existing customers to award function tenders to Jonathan’s brother. This was a business threat to Richard‚ and due to fear of losing his business and model‚ Richard could have entered the agreement but not with his consent. Besides that‚ this case is also said to be induced by ‘undue influence’ (according to section 16 (1)‚ where the relations
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Tort Law A tort is a civil wrong arising from an act or failure to act‚ independently of any contact‚ for which an action for personal injury or property damages may be brought. It deals with situations where a person’s behaviour has unfairly caused someone else to suffer loss or harm. A person who suffers a tortious act is entitled to receive compensation for “damages”‚ usually money payment from the person or people responsible. The tort of negligence is a type of civil wrong where a contract
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Unjust-contract. d. Unilateral-contract. A [easy p. 197] 57. Which of the following are two terms for concept or situation? a. Implied-in-law contract and implied-in-fact contract. b. Implied-in-law contract and quasi-contract. c. Implied-in-fact contract and quasi-contract. d. Unilateral contract and informal contract. e. Formal contract and implied-in-law contract. B [moderate p. 197] 58. Which of the following is needed to impose a quasi-contract? a. A benefit having been conferred and injustice
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TORTS – Fall 2006 “G” = something that Goldwasser said in class 01. INTRODUCTION TO TORT LAW (p.2) • set of rules regarding liability and compensation for personal injury‚ death‚ and property damage that one party causes to another - rules for shifting losses from injured victims to the persons and companies causing injuries • grew out of a focus on bodily injury and physical property damage - now extended to include harm to reputation‚ privacy‚ emotional well-being‚ and economic losses
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Small Business Idea Paper University Of Phoenix ACC/561 Verbena Williams Small Business Idea Paper Starting a business can be an exciting‚ yet overwhelming experience. Before you can launch your business venture‚ deciding the form of business organization will be one of the first things necessary. Some of these business organizations include; sole proprietors‚ corporations‚ and partnerships. With choosing which organization to go with one must consider consequences in lieu of legal issues
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BUSINESS LAW –II UNIT-I Factories Act‚ 1948 Definition – inspecting staff – Health – Safety – Welfare – Working Hours of Adults – Holidays – Employment of young persons and women – Annual leave with wages object of industrial Disputes Act – Definition of Industrial Dispute – Grievance settlement Authorities – Conciliation machinery – Procedure. Power and duties of Authorities – Reference of Disputes of Boards‚ Courts or Tribunal‚ National Tribunal – Strikes‚ Lock-out‚ Lay-off‚ Retrenchment – Unfair
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October 2013 FDA Regulations on Fast Food Foodborne illness is a major cause of personal distress‚ disease‚ death‚ and economic burden. Every year‚ millions of Americans become sick and many die from foodborne illness‚ and as a result‚ the public has become increasingly aware of‚ and concerned about‚ the safety of the food they eat. ("FDA Retail Food Safety Initiative " 1-8) The Food and Drug Administration (FDA) are responsible for developing public health regulations. One of its duties is
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same responsibilities within the corporation as‚ the director or officer.(i)care.InDaniels v AWA Ltd‚ the court proposed the minimum standards of care‚ skill and diligence expected of all directors:(a) obtain a basic understanding of their coy’s business (b) keep informed about and monitor the coy’s activities and regularly attend board meetings (c) monitor the coy’s financial position.All coy d owe the basic duty of sufficiently monitoring the coy’s affairs by maintaining an awareness of the coy’s
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Business Law Tutorial 6 1. Void contract is defined in Section 2(g) of Contracts act‚ 1950 as an agreement which is not enforceable by the law‚ which gives rise to no rights or obligations. Under Section 11 of Contracts Act‚ 1950‚ every person is competent to contract who is of age of majority‚ and who is of sound mind and is not disqualifying from contracting by any law to which he is subject to. The Age of Majority Act‚ 1971 states that the age of majority is 18. The Privy Council in MOhori
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A contract can be defined as an agreement containing promises made between two or more parties with the intention of creating certain legal rights and obligations and enforceable in a court of law (Gibson & Fraser‚ 2012‚ Business Law‚ p303). A contract must be satisfied certain legal requirements which are agreements‚ intention to create legal relations‚ considerations and capacity. Agreement = Offer + Acceptance Therefore‚ here apply the rule
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