1. Article 2 of the UCC mandates that the parties to a sales contract state in specific and unambiguous language the exact terms of the contract. Otherwise‚ courts will declare the contract unenforceable. True False 2. Law of sale of goods codified in the Art.2 of the UCC is modified to accommodate current practices of the merchants. True False 3. In mixed goods-services situations‚ courts determine whether the contract is for the sale of goods by determining whether the good or
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Stephen Shoup Professor Maloney Policy‚ Professionalism & Ethics October 1‚ 2012 Ethical Dilemmas Chapter 8 Situation 4 In this situation if the I was the prosecutor I would waive the juvenile back to juvenile court. Also‚ I would charge the individual in the juvenile court with assault‚ not murder. The 12 year old committed the crime with his older brother and should not be fully liable for the actions that took place. I feel like maybe I am acting on my own conscious‚ but a 12 year old boy
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In my life I have pondered over many ethical dilemmas‚ but I have found that I have a difficulty thinking deeply on these topics by myself. My answers are simple‚ but by themselves do not justify what they signify or how I came to them‚ only the end result. What I have found is that no matter what you believe in‚ whether or not it is true to yourself or others‚ you think with your actions. I am a reserved individual in that fact that I consider the beliefs and actions of others to be separate and
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Financial Risk Management‚ FIN3FRM Semester 2‚ 2012 Assignment 1 Q.1 An investor enters into a short forward contract to sell 100‚000 British pounds for U.S. dollars at an exchange rate of 1.9000 U.S. dollars per pound. How much does the investor gain or lose if the exchange rate at the end of the contract is (a) 1.8900 and (b) 1.9200? (2 points) Solutions: a) The investor as part of obligation for selling pounds‚ because of his obligation to sell
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for western settlement. The first policy was the Medicine Lodge Treaty‚ signed in Kansas‚ 1867. It divided the Great Plains into two huge Indian territories. In return for government supplies‚ most of the Indians stayed in their reservations. The Northern Plains Indians did not agree so readily. Red Cloud signed the Fort Laramie Treaty in 1868‚ after the government agreed to abandon forts along the Bozeman Trail. Most
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Situation Analysis for Northern Lights Limited From what I can see the current situation has pushed NLL to a crossroad.NLL has been one of those companies which have valued their customer relationships and have provided customised goods to its customers at correct prices and also never compromised on efficient after sale services as well as services like transportation and even resorted in market forecasting. Even during the times of erratic price rise NLL maintained the prices of the goods to sell
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A contract is a legally binding agreement or relationship that exists between two or more parties to do‚ or abstain from performing certain acts. A contract can also be defined as a legally binding exchange of promises between two or more parties that the law will enforce. For a contract to be formed an offer made must be backed with an acceptance of which there must be consideration. Both parties involved must intend to create legal relation on a lawful matter which must be entered into freely and
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An Ethical Dilemma in the Health Care Setting Bobbi K. Handy HCS/478 November 29‚ 2010 Barbara Scheibe‚ RNC‚ MSN An Ethical Dilemma in the Health Care Setting Ethical dilemmas in the health care setting present themselves almost daily. It is imperative that the health care worker be able to understand when an ethical dilemma presents itself and know how to deal with the dilemma in the best interest of all involved. Many ethical dilemmas that health care workers face are difficult
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Moral Dilemma As children we grow up learning the difference between right and wrong from our parents. Later the as we grow older schools and other institutions such as churches instill in is other moral values and ethics. Life often bombards us with many difficult situations and sometimes it is difficult to follow your own personal moral compass. It is particularly difficult when dealing with moral dilemmas. A moral dilemma forces a person to choose between two equally unpleasant things
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Critically evaluate the utility of the psychological contract for understanding the contemporary employment relationship. (2500 Words) Introduction Up until the 1990’s the psychological contract didn’t get a lot of research literature‚ whereas more recently it has become increasingly popular‚ and vast in both volume and critique. It is suggested that this blossoming of research is because of fundamental changes in the workplace‚ commonly referred to as the ‘new deal’ (Sparrow 1999). The traditional
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