There is a valid contract between the Ryans and the Dorans because the contract has all four elements: an agreement‚ consideration‚ contractual capacity‚ and legality. The first essential element of a valid contract is an agreement including an offer and an acceptance (Miller‚ 2008). There is a valid offer and acceptance in this purchase and sale agreement. Paragraph 1‚ 2‚ and 3 state that John K. Ryan and Anna G. Ryan hereinafter called the seller‚ agrees to sell and Ronald B. Doran & Debra A.
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Case study 2.5 –Ryan air: Flying High in a competitive Atmosphere 1. How important is the role of operation in achieving competitive advantage at Ryanair? Ryanair competitive advantage is based on cost leadership strategy‚ maintaining the lowest prices among low-cost airlines (Haberberg and Rieple‚ 2008). In 2011‚ Ryanair became the most profitable low cost carrier in the world (www.ryanair.com). How operations support competitive advantage of Ryanair is measured by five performance objectives:
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businesses‚ including significant investments in new operating systems and web services‚ as well as ongoing investments in new businesses‚ ranging from Xbox to Business Solutions. Perhaps most importantly‚ Microsoft had settled many of its public and private law suits on reasonably favorable terms by 2005 (see Exhibit 4). One of the most daunting challenges was how to reposition Microsoft for modern times. When Gates started the company in 1975‚ he proclaimed that the mission of Microsoft was "to place
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Fuel prices in 2012 were projected to increase by forty percent compared to 2009 levels (§1.15). The airline industry‚ low-cost and conventional carriers alike are taking a heavy toll from the fuel price hikes‚ which have contributed to a surge in operating costs up to twenty-nine percent(§1.15). Ryanair‚ a low-cost carrier‚ wasn’t spared by the rising operating expenses that plagued the airline industry. Nevertheless‚ Ryanair’s position as the leading low-cost carrier and its strategies has turned
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the core issues surrounding private prisons in the areas of cost-effectiveness‚ recidivism‚ and the special needs of specific groups of inmates‚ including the elderly and mentally challenged. It explores problems related to the prison industry in general and whether privatization is the solution to these problems. PRISON PRIVATIZATION 3 An Assessment of Prison Privatization Reid (2008) notes that proponents of private prisons tout these facilities
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Brief History of Cable Television: The traditional mass media had a confined sphere in countries where it initially grew‚ functioning strictly in line with the values‚ norms‚ traditions and basic requirements of the local populace. But‚ the inventions of new technologies like satellite communication‚ cable television and internet has helped it across national boundaries and addresses the worldwide audience. These boosting inventions have‚ in fact made the world a global village by transforming media
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Private Security ESSAY #1 The three human and physical needs that are important in the relation to employee embezzlement are: need‚ rationalization‚ and opportunity. The employer should try and eliminate these elements up front‚ so there is less chance of embezzlement happening‚ but there will always be some way around all the obstacles NEED as explained in our text is a physical condition that may be the cause of unusual debts and may cause an employee to think seriously about how to convert
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Overview of Countries While the adoption of Daylight Saving Time is almost always rife with controversy‚ most of the world (except for countries around the Equator) has simple implemented DST at one point or another. This map depicts countries that currently have DST‚ that previously had DST‚ and that never had DST. Worldwide Daylight Saving Today‚ approximately 70 countries utilize Daylight Saving Time in at least a portion of the country. Japan‚ India and China are the only major industrialized
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TITLE) PRIVATE SECURITY IN THE US 1/26/2014 Private security in the US is an essential factor in protecting certain individuals as well as intellectual property. Private security officers are accountable for protecting the nation’s top institutions as well as various other important infrastructures of the nation. Private security can be defined and broken down into many different definitions‚ but Asis; the biggest private sector in the US‚ defined private security as
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the right of private defence of person and property. The provisions contained in these sections give authority to a man to use necessary force against an assailant or wrong-doer for the purpose of protecting one’s own body and property as also another’s body and property when immediate aid from the state machinery is not readily available and in so doing he is not answerable in law for his deeds. Section 97 says that the right of private defence is of 2 types:- (i) Right of private defence of body
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