TYPES OF NEGOTIABLE INSTRUMENT Section 13 of the Negotiable Instruments Act states that a negotiable instrument is a promissory note‚ bill of exchange or a cheque payable either to order or to bearer. Negotiable instruments recognised by statute are: (i) Promissory notes (ii) Bills of exchange (iii) Cheques. Negotiable instruments recognised by usage or custom are: (i) Hundis (ii) Share warrants (iii) Dividend warrants (iv) Bankers draft (v) Circular notes (vi) Bearer debentures (vii) Debentures
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Unit 3 Individual Project-Rights and Obligations Travis Pernell American InterContinental University International Legal and Ethical Issues in Business Instructor Kerri Holloway April 3‚ 2011 Abstract This paper will discuss the four elements that make up a valid contract and the objective theory surrounding contracts. This paper will discuss how the objective theory applies to the Leonard v. Pepsico‚ Inc. case. The paper will also discuss how the court reached its decision to claim that
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at the level of an organisation is referred to as organisational culture‚ and culture at the level of a society is referred to as national culture. Organisational culture refers to an organisation’s own values‚ beliefs and learned ways of doing business. This is reflected in its structure and in the people who work in the organisation. The culture of an organisation is derived from its aims and purpose‚ its past‚ its present and its current ways of managing its people and resources. Because every
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Internal Environment 2 Shareholder’s Value Corporate Image Physical Assets & facilities R&D & Technological Capabilities Human Resources 10 External Environment Micro Environment 11 Customers Suppliers Competitor Marketing Intermediaries................................................................................................15 Macro Environment............................................................................................................15 Political Legal/Regulatory
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The external environment is the "external context within which an organisation exists and operates."1 One of the ways in which the external environment can be analysed is by assessing the impact of politics‚ the economy‚ social factors and technological factors (P.E.S.T. analysis). The organisations are affected either generally or immediately by the external environment. The immediate factors‚ also referred to as the operational environment‚ include aspects such as suppliers‚ financial institutions
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Legal Forms of Business Choosing a form of business for a product or type of service depends on the liability an individual is willing to assume‚ how much involvement an individual wants in the day-to-day work‚ and how much control an individual wants over the business. Prior to making a choice‚ an individual must understand each form of business as well as the risks and rewards for each. There are numerous forms of business‚ including sole Proprietorship‚ Partnership‚ Limited Liability Partnership
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you’re after information‚ need support‚ we are here. Task 1.1 In this task i have been asked to pick two companies (one profit making and one non profit making) the profit making business i have chosen is ASDA and the non profit making business i have chosen is British heart foundation. ASDA’s purpose as a business is to sell goods to people and aim is to be the best retailer in the UK as stated in their mission statement which is “to be the uks best retailer and exceeds customer needs”. ASDA
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do not know where they are going‚ they cannot tell if they have arrived. This is often called strategic planning; we can determine what an organisation wants and its needs‚ like it is a living thing and has to survive. We must understand within a business system‚ its ideals and realisation will always be accountable for. The two organisations I have selected to focus on are: The NHS Bupa With the origins of organisations‚ they have fundamental properties that attach some structure within
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Sietereales 11145609 LEGAWRI K32 Legal Writing vs. Business Writing There are 5 important elements in order to make a good legal writing. First‚ there must be proper spelling. It is obvious that spelling is a very key element in any kind of writing. Misspelling of a any word‚ name‚ address‚ location will seriously affect a legal document because in legal writing everything must be precise. The second important element is proper grammar and punctuation. One legal paper must have the correct punctuations
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BUSINESS ENVIRONMENT IN CHALLENGING TIMES: A NOTE Naseer Khan; PhD Associate Professor of Management‚ Al Ghurair University‚ Dubai‚ UAE naseerkhan@agu.ac.ae ; Phone: +971507783383 & Gouher Ahmed; PhD‚ PMP Associate Professor of International Management and Strategy‚ Al Ghurair University‚ Dubai‚ UAE International Management Consultant‚ North America‚ Middle East and India Email: gouher@usa.net; gouher@agu.ac.ae ; Phone: +971508367165 & Rashid Rahman; PhD Associate Professor of Management
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