THERE ARE 7 ELEMENTS WHICH ARE REQUIRED FOR THERE TO BE A VALID CONTRACT. LIST AND DISCUSS THEM AND SAY WHAT HAPPENS IF ANY ONE OF THE ELEMENTS IS MISSING. All agreements are not contracts. A contract is a legally binding agreement between two or more parties. An agreement that is not enforceable by law is not considered a contract. There are many elements that are required for a contract valid‚ offer and acceptance‚ intention to create legal relationship‚ capacity of the parties‚ consent‚ consideration
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ACTS AND POLICIES In this assignment I will explain the legal‚ ethical and operational issues in relation to the use of information. Legal issues Legal issues are various items of legislation (law) to protect the use of business information. Data protection act 1998 Many business store information about people‚ whether it’s for potential customers or previous clients. The data protection act protects the information held about people from being misused. The information businesses store
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Common expected postoperative complications included pain‚ swelling‚ bleeding‚ and a feeling of tension. Bruising occurred in some cases. Scar formation was reported in all but one of the 75 patients 29. There is no data to support that postoperative complications differ between different techniques. (C) In adult patients with excess gingival display‚ will lip repositioning permanently improve esthetic outcome? Follow up time was inconsistent in the included studies‚ ranging from 1 week to 4 years
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P3 Draft -Factors which lead to abusive situations Certain groups of people appear to be more vulnerable and susceptible of abuse compared to others. The individuals may suffer from mental health problems or may have physical or learning disabilities‚ the older population tend to be more at risk of abuse as the elderly are weak and frail and cannot often defend themselves especially those with dementia. Any group of individuals who tends to be more at risk of abuse tend and just abide with the abuser
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of a Contract “A contract is an agreement that can be enforced in court. It is formed by two or more parties who agree to perform or to refrain from performing some act now or in the future.” (pg 208) Recently I was faced with a situation regarding a contract that was not in writing and I had to explain that as long as a verbal contract contains the four essential elements of a contract it is binding. We are so accustomed to seeing contracts in writing that many people assume that a contract must
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ETHICS IN CONTRACTS Abstract: When creating a contract‚ a negotiator is not only doing so to reach an agreement between two or more parties‚ but to create an agreement that is durable; whereby parties of the contract are legally bound and committed to its promises . “A legally binding contract is defined as an exchange of promises or an agreement between parties that the law will enforce‚ and there is an underlying presumption for commercial agreements that parties intend to be legally
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Business Law Question 1 For the given scenarios it is stated that both John and Patrick are aged over eighteen and are of sound mind and in the each scenario they intend to enter a legally binding contract. For a contract to come into existence there have to be three steps involved: • Agreement (Offer and Acceptance) • Consideration • Intention to create legal relations All three scenarios are supported by “consideration”. The general idea of consideration is that
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Journal of Organizational Behavior J. Organiz. Behav. 24‚ 537–559 (2003) Published online in Wiley InterScience (www.interscience.wiley.com). DOI: 10.1002/job.205 Psychological contract development during organizational socialization: adaptation to reality and the role of reciprocity ´ ANS DE VOS1*‚ DIRK BUYENS2 AND RENE SCHALK3 1 Vlerick Leuven Gent Management School‚ Gent‚ Belgium Vlerick Leuven Gent Management School and Ghent University‚ Faculty of Economics and Business Administration
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management. SITUATION ANALYSIS SWOT ANALYSIS STRENGHTS Brand name (The Star) is widely known by Kenya being the most independent and outspoken newspaper that has more regional news‚ more sports news and more social pages and more opinion columns than its competitors. The Star is well organized having a simple organizational structure unlike their competitors that helps them delegate work successfully hence their structure is flexible and not affected by the new media law. Good and effective
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Contracts Part II Rachel Wellman Unit 5 Case Study Business Law November 6‚ 2010 Millie contracted to sell Frank 10‚000 bushels of corn to be grown on Millie’s farm. Due to a drought during the growing season‚ Millie’s yield was much less than anticipated‚ and she could deliver only 250 bushels to Frank. Frank accepted the lesser amount but sued Millie for breach of contract. Can Millie defend successfully on the basis of outcome impossibility of performance? Explain. Discuss the elements
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