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    market leader. The market structure the company operates in cannot be definitely stated. Some may consider it to be a monopoly. This is due to the fact that the company is a dominant market player in car exportation. In fact‚ its differentiation strategy has made it enjoy an almost monopolistic presence especially in the developing nations of the world. On the other hand‚ the market structure can be seen as an oligopoly. This is due to the fact that there are other key players like GM who are peer

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    Contract

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    Q&A 2 Certainty of terms and intention Introduction Contractual certainty If businessmen are often not overly-concerned with the niceties of offer and acceptance it follows that their contracts may not be all-embracing and complete in every respect. The parties may have reached an agreement in principle and then prefer to rely on experience from previous dealings‚ business practice and goodwill. The law’s overall policy is to uphold bargains wherever possible and although businessmen tend to

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    Nickel And Dimed Analysis

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    Analysis of Nickel and Dimed: On (Not) Getting By in America In “Nickel and Dimed: On (Not) Getting By in America”‚ Barbara Ehrenreich‚ a well-off white woman with a Ph.D. in Biology questions how low-income workers‚ especially females‚ make a living. Due to the welfare reform‚ 4 million women were about to have to enter into the workforce‚ usually for less than minimum wage. Ehrenreich decides to make an experiment out of her ideas. She decided she would travel to three different cities: Key West

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    Contracts

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    Classification of Contracts (7 – 1.30) Simple and formal contracts A formal contract is a written contract (such as a deed). A simple contract can be entirely orally or a combination of oral and written. Bilateral Contract: exchange of promise – one promise for another (a promisee’s promise in return for the promisor’s promise or vice versa) o Union Dominions Trust (Commercial) Ltd v Eagle Aircraft Services Ltd [1968] 1 All ER 104 at 108‚ Lord Diplock Unilateral Contract: A one way

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    Dilemma

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    Question #1: Please read Problem 3 at the end of Chapter 17 regarding the lawsuit by alleged thief Mr. Mapp against Gimbels Department Store. Under what theory might Mr. Mapp argue that Gimbels is liable for the assault committed against Mapp by Mr. DiDomenico‚ an employee of J.C. Penney’s? Would Mr. Mapp be successful under the theory you chose? Why or why not? Did the Gimbels security woman allow DiDomenico to assist in her store? Agency theory turns on a few items in a balancing act: (i) who

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    Contracts

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    INTRODUCTION Indian Contract Act 1872 is the main source of law regulating contracts in Indian law‚ as subsequently amended. It determines the circumstances in which promise made by the parties to a contract shall be legally binding on them. All of us enter into a number of contracts everyday knowingly or unknowingly. Each contract creates some right and duties upon the contracting parties. Indian contract deals with the enforcement of these rights and duties upon the parties. The Indian Contract Act 1872

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    Contract Remedies

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    Contract Remedies BA265 Business Law II Terrance L. Williams Grantham University December 8‚ 2012 Contract Remedies In our case of National Drilling Company filing suit against Overland Transport‚ Inc. asking compensatory‚ consequential‚ and punitive damages‚ the recovery of National will be based on Quasi Contract. As one reads through the scenario‚ he or she may ask themselves a few questions. What were the exact terms of the contract between National Drilling and Overland Transport

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    The internal and external growth of an organization occurs because of the risk and returns that take place through shareholder investments. Shareholders want to know how much the organization is making and how much they can potentially make in the future. Generally‚ the returns of shareholders come in two forms. The first part is in the form of dividends which is paid during the year and is known as the income component of the return (Ross et al‚ 2005). The second part is in the form of capital

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    Personal Decision-Making Strategy This paper will describe basic leadership processes for this author if put in a position to develop decision-making plans. There are many tools and various aspects of leadership to include decision theory‚ critical-thinking processes‚ and team-building needs. Relationships are also very important as any leader needs input from a team or peers to help solidify proper solutions to problems. There are also a number of decision-making approaches that a leader can choose

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    Mustapha Mond Character Sketch It is said that a great leader must always lead by example. This is not always true‚ a leader must sometimes partake in some negative activities in order to protect the interests of the populous. An excellent example of this is Mustapha Mond. When one first meets Mustapha Mond‚ it is obvious that he is distinctly different from the other alpha plusses; Mond is unique‚ wise‚ and authoritative. Mustapha Mond is unique in part because he reads prohibited literature

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