Examine what is meant by consideration and consider what amounts to good or sufficient consideration. Consideration is an essential element for the formation and enforcement of a contract. It is the barge by which agreements are enforced in English contract law. It makes simple the process of parties creating contract. Curry v Misa‚ is one of the cases where the courts defined consideration as a benefit‚ a right‚ a profit to one party‚ a forbearance‚ a loss to another. Dunlop v selfridges.
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for their vacation trip will not be too much bothered with shifts if the exchange rates. However‚ for multinational companies‚ dealing with very large amounts of money in their transactions‚ the rise or fall of a currency can mean getting a surplus or a deficit on their balance sheets. What types of exchange rate risks do multinational companies face? One type of exchange risk faced by multinational companies is transaction risk. If a company sells products to an overseas customer it might be subject
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Drones in the Military In the military drones are referred to as a UAVs (Unmanned Ariel Vehicles) but to most people they are called drones. Drones are used in the military when having an actual pilot is deemed too dangerous. Although there is no pilot in the actual cockpit maneuvering the plane‚ there is a pilot controlling the plane through satellite signals. Drones provide all kinds of information for the military. There are different types of drones that have different functions. Some of the
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Marks & Spencer Resources‚ Capabilities & Competitive Advantage Compiled for Paull Robathan. Author: Kerry Sheehan Monday‚ 02 February 2004 1EXECUTIVE SUMMARY In the period up until the mid 1990’s M&S had a market leading share of the clothing market. They used their resources and subsequent capabilities to exploit their differences from the competitors and create competitive advantage by: *Empowering suppliers/manufacturers with design responsibility *Closely managing supplier relationships
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The UK should intervene militarily to halt the Syria regime’s slaughter of innocent civilians. Please discuss critically using at least one case study of military intervention. Nowadays‚ we can scarcely turn on our televisions or pick up a newspaper without being confronted with yet another depressing news item about the Syrian civil war. As the crisis in Syria rages the question of whether western countries especially UK should intervene militarily in order to halt the Syria regime’s slaughter
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The Success of the Roman Military Infrastructure Since the founding of the Roman Republic circa 500 BCE‚ the ancient civilization sought to conquer and spread its influence throughout the rest of the known world. Following the defeat of the Carthaginian Empire during the First Punic War‚ Rome established itself as the supreme power in the Mediterranean region. For the next 200 years‚ Rome continued to establish its supremacy‚ and gained control of lands as far west as the Iberian Peninsula‚ parts
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During my time in the Navy‚ I found that having a foundation of leadership is key. At sea‚ we all work as a collaborative team but are divided into our specialized departments. My department was the Weapon Systems Department‚ a collaborative team comprised of 100 hardworking sailors. Amongst those sailors‚ I was the team lead. One of the hardest deployments I remember and the one I faced the most difficulty with followed the transfer off-ship of two senior enlisted personnel . I was still considered
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I enlisted as a scout of The Great Drasaeniel Kingdom while we are at war with the Wothage Kingdom and my scouting platoon of soldiers is currently deployed in the west field while we watch quietly from a nearby forest. The ground trembles as an army of approximately 70‚000 strides forward. A constant drumming of synchronized steps‚ there’s no need for a scout to state the obvious: there’s reinforcements marching forward from behind. Up close‚ it’s the squeaking of leather and jingling of chainmail
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Private Military and Security Companies An old-new phenomenon The existence of specialised personnel‚ hired to provide military services‚ is anything but a new phenomenon. Dating back to the middle ages‚ hiring and relying on the use of mercenaries represented a common practice and has since then become a constant feature in the history of armed conflict‚ whilst the modern age has seen the different trend of attempting to firstly regulate and progressively prohibit mercenary activity. Thus‚ provisions
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Middletons & Gramjon Limited a) Describe the matters that the partners of Middletons should have considered and the procedure(s) the firm should have carried out in determining whether it should accept the appointment as auditors to Gramjon Limited. The most general definition of an audit is an evaluation of a person‚ organization‚ system‚ process‚ project or product. Audits are performed to ascertain the validity and reliability of information‚ and also provide an assessment of a system ’s internal
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