suffice to displace the provision that they are entitled to share equally. 4. Hence‚ Morrissey would most likely be awarded 1/5 of the capital as the provision was displaced by the understanding that Morrissey was to have a 1/5 share of the business should dissolution be ordered. Did Morrissey have authority to bind firm‚ making Smiths liable for losses caused by the power outage at Manchester Meat(“MM”) and damage to the air-conditioning? Actual Authority 5. Actual authority may be
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your job. From an economic stand point your responsibility is to be profitable and meet financial obligations‚ which outsourcing would do. Also‚ it would obviously provide financial benefits for the company. Legally‚ you would not be breaking any laws in either country by outsourcing. Human rights could be an issue over in the U.S. but not in India apparently so paying the India workers a third of the cost of an American worker would work. Cutting back on health benefits could be a big deal in
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careless. a) When carrying out the first annual service‚ Crankit fits a new fuel pump. This malfunctions 24 hours later‚ causing an explosion. Injuries result to Jeremy‚ who lives next door to the factory and the explosion also causes business interruption for 3 weeks. Contract of works and materials - service and goods being provided - SUPPLY OF GOODS AND SERVICES ACT 1982 The fuel pump is defective (not clear if its defective)- s4(2) and (3) - it seems that C supplied this. Discuss
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promised by the other contracting party. There are certain rules that govern a valid contract. THE ISSUE: The issue in the case is whether the agreement was legally binding upon Dream Design or whether it failed for want of consideration. THE LAW: If the promise merely fulfils an existing contractual duty to the promisor‚ he does not provide consideration to buy the buy promisor’s promise. In the case‚ Atlas Express Ltd. V.Kafco (Importers and Distributors) [1989] 3 W.L.R. 389 K entered
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Functional Areas of Business Paper Takeia A. Arkwright MGT/521 Management December 5‚ 2012 Dr. Irvin Clark Different operational functions are always in place when dealing with business. Healthcare Management and Human Resource are 2 points of interest that are a direction I would like to achieve. Coordinating the work of the department‚ work activities of a team of people. Finding out the direct purpose of the organization organizing people or department to perform
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B Bai 1 : Business Law: 40. Principle of Law: In this case‚ Esposito hired Excel Construction Company to repair a porch roof. All terms of the agreement were specified in a written contract. And the dispute occurred when Excel had repaired the rear porch roof because in the agreement failed to specify whether it was the front or rear porch that needed repair. Under civil law‚ two parties here had signed a civil contract in writing. Because the contract failed to specify clearly front or rear
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Alternative Dispute Solution Business Law I 311 Legal provisions in any territory ensure that citizens are protected from offense by others or that their properties are equally protected. Such offenses are at times inevitable leading to individuals and parties being in disputes. There are legally recognized institutions that have been instituted to examine constitutional violations of people’s rights and freedom‚ the source of such conflicts‚ and prescribed penalties for the violations under
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Liability of Negligence When a person is said to be liable for an action under the law‚ it means that they are responsible in some way for the outcome that results either in the law of a nation to be violated which comes under criminal liability‚ or in an injury to other individuals that is considered to be a civil liability. The main requirement for a liability happens to be intent1‚ which says that‚ an individual is not responsible for something that they did not mean to do. However‚ the Law of
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Hot coffee spill worth cool award McDonald ’s may fork over $2.9 million Denver Post Copyright 1994 Friday‚ August 19‚ 1994 The Associated Press ALBUQUERQUE - A woman‚ who was scalded when her McDonald ’s coffee spilled won a jury award of $2.9 million - or about two days ’ coffee sales for the fast-food chain. Lawyers for Stella Liebeck‚ 81‚ who suffered thirddegree burns in the 1992 incident‚ contended that McDonald ’s coffee was too hot. A state district court jury imposed $2.7 million in
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Part A Question 1: Step 1 The issue of law it that for a reasonable contract to be established‚ whether the element of agreement required for the formation of a contract can be formed in parties. Step 2 A legally enforceable contract can be organized by three significant parts; there are intention‚ agreement and consideration. With regards to agreement‚ it means a discussion of the consensus on critical terms needed for a workable transaction. Generally‚ while the parties intended‚ an agreement
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