Issue Is there a valid contract between Khalid and Siti? Law and Application When Khalid is interested in buying Siti’s painting which she had named “Hawa”‚ Khalid met Siti and told her that he will pay her RM5‚000 for “Hawa”. This is an offer. Offer had be defined in S2(a) Contracts Act 1950 as “when one person signifies to another his willingness to do or to abstain from doing anything‚ with a view to obtaining the assent of that other to the act or abstinence‚ he is said to make a proposal”
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Sterling computer has entered into a partnership with NoBugs a microchip processing computer. The collaboration was developing into a something successful until an incident put a strain in the business relationship. Some month ago Sterling computer has had several of their computers explode shortly after customers install them. Upon an investigation which was conducted by Sterling researchers have discovered evidence of NoBugs’s microchips aggravating a dormant defect in their computers‚ causing
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Acme Fireworks Management Latisha Bogan BUS 311: Business Law I Instructor: Shawn Grimsley March 16‚ 2015 Introduction Acme Fireworks Company is a fireworks retailer who sells fireworks‚ puts on ground displays and large aerial fireworks. As the manager‚ it is my job to determine if the inquiries from the large businesses can be fulfilled and if the contracts with these businesses are enforceable. In order to manufacture the increased amount of fireworks needed‚ the owner will be required to
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a new dress‚ shoes and accessories for the date. He does not turn up and does not text you with an explanation. Can you sue him? If so‚ why? If not‚ why not? She would be unable to sue him as this is a social agreement which is unenforceable by law. Neither party has entered into a legally binding contract. Should you chose to break such an agreement‚ the consequences will be no more serious than upsetting or dissappointing your friends. This is similar to the case of Spellman v Spellman‚ in
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of Law Sakiya Patton Contemporary Business Law LAW/421 Majid Safaie‚ Esq. July 2‚ 2014 Role and Functions of Law In this essay the student will define the functions and role of law in business and in society in reference to the case brief Cipollone v. Liggett Group‚ Inc.‚ et al. Also‚ the student will discuss the functions and role of law in her present job. Last the student will provide the conclusion followed by the list of references. Functions and Role of Law Defined
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Smith but it cannot be enforceable by law. 09. Yes‚ Leitner’s proposal was supported by consideration because he was promised to pay 3‚500 within next 5 years‚ but his son refused to pay the partners the amount agreed on. 10. When the common object of a contract can no longer be carried out‚ the court may declare the contract has been frustrated. There are some ways of frustration. The names are given below: I. Destruction of an object‚ II. Changes of law‚ III. Failure of pre-conditions IV
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on the Forecasted Sales of San Miguel Corporation for the year 2012 Redilyn Magbitang Ruth Anne Panganiban Lady Fatima Sandoval INTRODUCTION Background of the study San Miguel Corporation is the Philippines’ largest beverage‚ food and packaging company. The company now has more than 100 facilities around the Philippines and outside the country specifically Southeast Asia and China. One of the country’s premier business conglomerates‚ San Miguel’s extensive product
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Question 1 The issue of this question is whether Scott and Kyle can bring legal action against Wayne for what they feel is a breach of contract. Under the law governing offer and acceptance‚ a valid offer has been made through an advertisement. In order for an offer to be accepted‚ the party must entirely accept the offer. The rules governing acceptance has to be positive not passive. Silence does not forms acceptance. The general rule of acceptance is that the acceptance must be received by
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Legal Underpinnings of Business Law OMM 670: Legal Environment February 25‚ 2013 Legal Underpinnings of Business Law Business | Type of Business | Liability Exposure | Compare | Contrast | Tinker’s Home Security Service | Sole proprietorship | Unlimited | Monetary rewards are from both the Proprietor & business | Sole Liability | Tinker & Tailor’s Home Security Service | General partnership | Unlimited | All partners are responsible whether silent or active | If you are
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BUS 670 Legal Environment of Business Business Entities & Liabilities Instructor Leah Westerman May 19‚ 2014 Businesses Entities and Liabilities “A business entity is an organization established as a separate existence for the purposes of taxes (BusinessDictionary.com‚ n.d.).” Some of the most common known business entities are; sole proprietorships‚ general partnerships‚ limited partnerships‚ corporations‚ and limited liability companies. Each business entity has its advantages and disadvantages
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