proper formation‚ contracts can be invalid (Lau‚ 2011). The six elements of contract formation are offer‚ acceptance‚ consideration‚ mutuality of obligation‚ competency and capacity‚ and sometimes a written instrument (US Legal‚ n.d.). Contracts can be both bilateral‚ meaning an agreement between two parties‚ or unilateral‚ where action is taken by one party or group (Lau‚ 2011). This
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IMPACT OF THE AGREEMENT ON AGRICULTURE ON THE INDIAN ECONOMY INDIAN AGRICULTURAL SCENARIO Indian agriculture is characterised by a preponderant majority of small and marginal farmers holding less than two hectares of land‚ less than 35.7% of the land‚ is under any assured irrigation system and for the large majority of farmers‚ the gains from the application of the science & technology in agriculture are yet to be realised. Farmers‚ therefore‚ require support in terms of development of infrastructure
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The US government has lost control of and has virtually stopped regulating our economy. We have allowed our jobs to be outsourced in the name of profit. Politicians have allowed big business to run not only our economy‚ but our government. According to PBS1‚ only 1% of the population controls most of the wealth in America. The result is a corrupt government that resembles an Oligarchy where the rich get richer and the poor stay poor. This problem needs to be addressed at its source
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UCC’S PRIVACY POLICY AGREEMENT At UCC‚ we are dedicated to keeping all personal information collected of users of our website and its online services secure and private. This privacy policy agreement defines the data security and privacy practices that we follow. Therefore‚ through the use of this website‚ you are consenting to the following data procedures expressed within this agreement. Information collection This website typically collects information either voluntarily-provided by you or automatically
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Background The NBA Collective Bargaining Agreement is the contract between the NBA team owners and the NBA Players Association that dictates the rules of player contracts‚ trades‚ revenue distribution and the salary cap. Since the previous CBA signed in 2005 was going to be expired before July 2011‚ the two parties‚ team owners and basketball players had to come up with a new CBA for the upcoming few seasons. According to the CBA signed in 2005‚ a soft cap system (at $58 million) was adopted
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CASE STUDY US MAGNESIUM SEEKS PROTECTION In Feb 2004‚ US Magnesium‚ the sole surviving US producer of magnesium‚ a metal that is primarily used in the manufacture of certain automobile parts and aluminum cans‚ filed a petition with the US International Trade Commission (ITC) contending that a surge in imports had caused material damage to the US industry’s employment‚ sales‚ market share‚ and profitability. According to US Magnesium‚ Russian and Chinese producers had been selling the metal at prices
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FIVE FORCES Potential entrants‚ threat of entry: The furniture market is already highly competitive. The risk of new entrants is not extremely high because of the huge capital needed to start the business. Demand of household furniture is high. IKEA furnitures don’t have a such significant competitor but other areas like textile and kitchenware have. Alongside Kodin Ykkönen becomes one competitor as a full department store but it doesn’t compete in price. Buyers‚ bargaining power: Ikea
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States that has done a great deal of business internationally for many years‚ and is well-known globally. McDonald’s is listed at number 378 on Fortune’s Global 500 list‚ and brought in over $22 billion in revenues in 2010. Sociocultural Forces Sociocultural forces include the different aspects of understanding that exist in one culture in comparison to another. These aspects include aesthetics‚ religion‚ language‚ education‚ etc. It is important to remember that culture is not something that is innate
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The United States Military Sean P. Tiedemann English II Ms. C. Yost December 15‚ 2011 Sean P. Tiedemann Ms. Yost English II 6 january‚ 2011 The United States’ current military is made up of five branches; Army‚ Navy‚ Air Force‚ Marines (a division of the Navy) and the Coast Guard (which reports to the Navy in times of war). Of these branches our military head count was 1.6 million in 1995 . The total available American manpower (number of males between the ages
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decided to join the organization‚ making it become well known as the ASEAN-6. Following Brunei‚ in 1990s‚ Cambodia‚ Laos‚ Myanmar and Vietnam (CMLV) also joined the bloc (Chia‚ 2004). In 1992‚ a free trade agreement‚ namely ASEAN Free Trade Area (AFTA) was introduced. According to the agreement‚ tariffs are reduced to zero percent by 2010 for ASEAN-6 and by 2015 for CMLV (Chia‚ 2004). China is one of the largest emerging economies in the world today. Its entry to the World Trade Organization (WTO)
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