Legal rules as to consideration: 1) Consideration must move at the desire of the promisor: the act done or loss suffered by the promise must have been done or suffered at the desire or request of the promisor. The act done at the desire of a third party or without the desire of the promisor cannot be a good consideration. It is not necessary that the promisor himself should be benefited by the acts of the promise. The benefit may be intended for a third party. But the desire or request
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Forces A. Location Data: The Dominican Republic is an excellent perspective location for foreign business in terms of its trade agreements. The country benefits from the Central American Free Trade Agreement (CAFTAN). This trade agreement minimizes trade barriers between the United States‚ Costa Rica‚ El Salvador‚ Guatemala‚ Honduras and Nicaragua. The combined yearly total goods traded among all seven countries are approximately $32 billion. The trade total between the U.S. and the Dominican Republic
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Axia College HSM 230 Legal Considerations Compose a 200- to 300-word response to the following: The Community Services Code of Ethics in Appendix A of Ethical Leadership in Human Services states‚ “Whatever your personal feelings about the justice and appropriateness of particular laws‚ all board members‚ staff‚ and volunteers are to obey all laws in the performance of their work on behalf of Community Services.” Why do you think this instruction is necessary? What does it tell you about the relationship
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company in a foreign Country” When conducting a business in a foreign country you have to be able to understand the language and culture of the country because this can lead to lost opportunities. You have to pay closer attention to the differences and respect them the way we do things in America can be perceived as negative and disrespectful in China. It is very important to learn about the country you will be working in because you don’t want to be ignorant towards anyone’s country‚ customs‚ or
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BUSINESS CONSIDERATIONS Introduction Business management and all the associated activities of setting up and running a business is a very broad area indeed. In this text I do not intend to cover all the aspects and the reader is directed to the multitude of published material that can be found in any library. Instead I intend to provide a brief overview of some of the aspects of business management and organisation which includes the following‚ Business Plan Finance Plan
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contracts need offer and acceptance in order to create a legal relation. Basically there is a need for a contract to be supported by consideration. In other words‚ in English law of contracts it is required that the parties bring something valuable in exchange for the promise that they have made in that agreement. Therefore a legal consideration converts a social agreement into a legal agreement. According to Lord Pollock’s definition‚ consideration is “An act or forbearance of one party‚ or the promise
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Why does Hamlet delay taking action against Claudius? This is a question that everyone want to know. We all know that Hamlet want to kill his Uncle Claudius as soon as possible. But why does he wait so long to sweep to his revenge? I believe that there are more than one reason why Hamlet delays before he takes action. One reason why Hamlet delays to take action against Claudius is because he does not just want to kill him‚ but he wants to damn his spirit. He hates Claudius so much that he is willing
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Date of task: May 17th 2013 Word count: 384 Ernest Hemingway is one of the excellent 20th- century novelists. One of his greatest short stories is “In another country” which deeply portrays misfortune and loss. Of the characters‚ the young wounded Italian Major suffers two painful losses that turn him to be angry and bitter at everything. His words to the American soldier partly show his outlook of life. The conversation goes like this: “He cannot marry. He cannot marry”‚ he said angrily
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Conflict in Foreign Countries Heather Woolls Benedictine University May 27‚ 2012 The Former Soviet Union: A Study of Three Companies: PwC‚ Ikea‚ and AES When countries open up to capitalism and economic freedom‚ businesses can move in easily and capture markets with little effort. However‚ what are the issues that accompany this ease of initial introduction? There are often great benefits that come with being the first to enter a new market – gaining a competitive advantage being one‚ as
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Tradition is existing knowledge. A tradition is a group of related ideas that have lasted for a long time. In some cases people have spent that time trying to improve the ideas. We’ll call that a dynamic tradition because it changes over time. In other cases‚ the focus has been on keeping the tradition exactly the same over time. We’ll call that a static tradition because it does not change. Although these approaches are contradictory‚ some traditions are mixed. Dynamic traditions are important
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