Necessary elements to form the contract In this scenario‚ the parties agreed to an oral agreement in regard to buying the house. All elements were met to form a contract. First‚ Paul and Pricilla Peterson made a promise to buy Danny Davidson’s house for $250‚000.00 and Danny accepted their offer. Second‚ consideration was an element in this agreement that a value was promised in exchange for the house and both parties agreed on the amount. Third‚ the acceptance of the offer was expressed through
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Page |2 Bureaucracy A bureaucracy is a form of organization based on logic‚ order‚ and the legitimate use of formal authority. Bureaucracies are meant to be orderly‚ fair‚ and highly efficient. The Bureaucratic approach to management was developed around the start of twentieth century by an important writer‚ Max Weber‚ a German Sociologist. The bureaucratic approach depends on five principles that are; 1) 2) 3) 4) 5) Specialization of work Formal Rules & Procedures Impersonality Well-defined
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Marketing is the delivery of standard of living. Discuss? This concept was originated by Paul Mazur. According to him‚ “Marketing is the delivery of standard of living.” Prof. McNair made an important amendment in the definition. According to him‚ “Marketing if the creation and delivery of standard of living to the society.” It is consumer –oriented concept. Producer tries to know the customers need and plan his production accordingly. Aggressive marketing technique is used to encourage the society
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An Analysis of the Form and Meaning of Happiness in Plato’s Republic I. Introduction One of the central claims of Plato’s Republic is that justice is not only desirable for its own sake‚ but that it maximises the happiness of those who practice it. This paper examines Plato’s arguments in support of this thesis to determine (a) what he means by happiness‚ (b) to what extent it exists in his proposed ideal state‚ and (c) whether this in any way substantiates his claims about the benefits of justice
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FORMS OF COMICS AND THEIR CULTURAL MEANING Comic art is a nice way of visual storytelling and it has been loved by many people all around the world. In this paper‚ I will be focusing on American‚ European and Japanese comic forms and cultures. American Comics The format of American comics are mainly multi page thin periodicals‚ which have coloured graphics. Most common are the weekly periodicals. Popular American comic culture started with Superman in 1938 and the concept of superheros became
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x’s and subtract them. Then that’s your slope. If it turns out to be zero its no slope and if zero is on the bottom of the fraction it is then called null set‚ which means a set with no numbers.Next‚ you can also find slope by using slope-intercept form‚ which you us the equation y=mx+b. M = slope‚ b = y-intercept‚ and x and y are your points. You will take your slope and plug it into the m and then take the y-intercept and plug it into b. You want to get your y and x on the same side. You can subtract
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CHAPTER – 1 INTRODUCTION 1.1 AN INTRODUCTION TO STUDY In the Indian electronics industry for over 35 years the name O/E/N India Limited has been synonymous with precision‚ high quality electromechanical components like relays‚ switches‚ trimming potentiometers and allied assemblies. This is a report on organizational study conducted in O/E/N India Limited‚ and is submitted in partial fulfillment of the requirements for the MBA.(Full time) Degree of the Mahatma Gandhi University. I have undertaken
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Explain the effect terms in a contract. Implied terms are not stated in a contract but are introduced in a contract by a statute. 1. The handset will correspond with description supplied at the time of sale. This is an implied term by the sales of good act as it has to correspond with the description on the box. Also statute would protect the customer and it should be what is said on the box. The sales of good act states where there is a sale of good by description there is an implied
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Bank and Trust to see if he could get a long term loan for the S.B.H Farms. He talked to a loan officer about getting a long-term loan for building hog houses‚ buying livestock‚ and for expanding the farm operations. The McIlory Bank and Trust agreed to loan him $175‚000.00 on short term promissory notes which all the owners of S.B.H. Farms had to sign. While all the owners of S.B.H. Farms were at the bank‚ they had an oral discussion about the long-term loans for the farm. With no set amount‚ no interest
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Describe the remedies available for breach of contract When signing a contract not only are you agreeing to the terms of this contract you are agreeing to the consequences if breach the contract. There are many remedies available if one of the party’s breaches the contract and if the party who breached the contract doesn’t agree to the consequences then the matter will be taken to court. A breach of contract can be defined as a party failing to perform‚ precisely and exactly‚ his obligations under
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