mass-merchandise department store chain and was offered at least $4 million annually to create triple the amount of artifact replicas. The head of Lancer Gallery has come to a huge dilemma. The company president Andrew Smythe has stated that it is a wonderful offer‚ as it will add $4 million in additional sales which is over their annual growth‚ which would help a lot due to the recession. However‚ becoming a company that mainly creates replicas can have a huge effect on their current dealers and customers as
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Business Law Assignment; Mistake in contract law‚ is a factual misunderstanding that may lead to a failure of a meeting of the minds. Unilateral mistake is mean that is only one party is mistaken‚ but the other party knows‚ or ought reasonably to be aware of the mistake. Contract may be void or voidable. Void is a contract that is no legal effect. While‚ voidable is an agreement that may be affirmed or rejected at the option of one of the party. The reason why Lord Denning took the view that these
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No. 480 DECS Memo No. 204‚ 2. 1998 DECS Order Nos. 22 and 28‚ s. 1999 What is the ALS Accreditation and Equivalency Test? The ALS A&E Test formerly the Nonformal Education A&E Test is one of the four components of the ALS A&E (then NFE A&E). It offers the successful test takers certification of learning achievements at two learning levels – Elementary and Secondary – that is comparable to the formal school system. The ALS A&E Tests in both levels are standardized paper and pencil-based tests and
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For Metalcrafters Inc.‚ the first thing I would do is to decide whether or not each alternative is mutually exclusive or independent. In this case‚ the stamping press alternatives are mutually exclusive‚ the extrusion press alternatives are mutually exclusive‚ and the new parts orders are mutually exclusive. Beginning with the stamping press‚ the next thing I would do is figure out what the expected useful life is for each alternative. Because the SX-65 has a useful life of 5 years and the MD-40
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What if They Won’t Play (Use Negotiation Jujitsu) Getting to Yes Negotiating Agreement Without Giving In By Roger Fisher and William Ury Vikas Singh Ed Hill What if They Won’t Play • Theymaystatetheirpositioninunequivocal terms • Concernedonlywithmaximizingtheirowngains • Theymayattackyouinplaceofattackingthe problems Three Basic Strategies • What you can do • What they can do – Negotiation Jujitsu • What a third party can do – One Text Mediation Procedure Negotiation Jujitsu Three Basic
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Describe the different obligations imposed by the implied and the express repair covenant in a lease. (list the various terminologies used and explain their meaning) A repair is ‘making good the damage so as to leave the subject as far as possible as though it had not been damaged’ defined in Clathorpe v McOscar 1924 Ultimately‚ the landlord wants to pass on the repairing responsibility to the tenant. Tenants will usually accept the responsibility as long as it is not too onerous. The phrase caveat
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i) What is code of conduct from the legal perspective? The US Legal Definitions defined Code of Conduct as a set of law and regulations to govern appropriate manner or behavior to one organization or group. Thus‚ COC in the context of legal perspective generally can be divided into two categories. The categories relied on the Code’s legal status‚ which are soft law and hard law instrument. Hard law are also refer to compulsory code of conduct (CCOC). According to Abbott and Snidal (2000)‚ hard law
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Role and Function of Law Paper Andrew Urey LAW/421 July 10‚ 2013 Winifred Cannon Role and Function of Law Paper In society as well as a business‚ law plays a significant role in their daily operation. For a society to be efficient and effective‚ laws have to be put into place to regulate social behavior. This paper intent is to define the functions and role of law in business and society. Finally‚ an example of how law is observed in the United States Navy will be elaborated upon.
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relating to Hospital’s Claims Against Rainey and Practice upon the terms and subject to the conditions set forth in this Agreement; WHEREAS‚ the Parties agree that this Agreement reflects a settlement of disputed and contested matters and that no Party admits any liability or responsibility for any act or omission by the execution of this Agreement; and WHEREAS‚ the above recitals are true and correct and made a part hereof. AGREEMENTS NOW‚ THEREFORE‚ in consideration of the releases and mutual promises
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Compare-Contrast Just and Legal The two words just and legal have been used interchangeably in today’s society and we have forgotten the extreme amount of separation between the two words’ meanings. I am going to reflect on the different meanings of what is just verses what is legal and why it is dangerous to define them as one and the same. Many similarities can be made between the two words’ meanings stemming from the fact that both pertain to the justice system and to the upholding of morality
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