PLAN First of all‚ I will introduce the origins of contract law in business law. Secondly‚ briefing the basic requirement of the formation of a contract such as offer because to understand an offer is the first step in the formation of a contract. As well‚ states others formation of the contract: an intention of the parties‚ acceptance‚ legality‚ capacity and consideration roughly. The supporting example of cases will be given. Furthermore‚ I will explain how to determine the formation of a contract
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USIU BUS 3010 BUSINESS LAW LAW AGENCY NOTES AGENCY LAW The law of agency in Kenya is basically that of the English Common Law. It deals with the relationships that arise when one person‚ the agent‚ is used by another‚ the principal‚ to perform certain tasks on his behalf. CREATION OF THE AGENCY RELATIONSHIP Agency may be created in four ways namely‚ i. By contract ii. By Ratification iii. By Estoppel iv. By operation of the law Agency by Contract This may either be by express contract
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tends to be the biggest. The Arenas section asks some key questions relating to where the firm is active in the market and where they tend to do most of their business. After evaluating the Cummins Inc. business model‚ it has been easy to determine what kinds of products they offer‚ what channels they use to sell their products‚ what business segments they have‚ the geographic areas where they are most prominent‚ the value strategies that have made them successful‚ their core technologies that set
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Steven Westgate BUS345.01 Business Law I Chapters 9‚ 10‚ 11‚ 12‚ 13‚ 14‚ 15‚ 16‚ 17‚ and 18 Professor Sappington November 3‚ 2003 1) This would indeed be a contract called an implied-in-fact contract. This is a contract that is implied from the conduct of the parties. Unlike other contracts‚ the contract was created through the conduct of the parties‚ not through words. This is what Miller and McCleskey have done. The parties both agreed through their
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Business law and ethics Ref book: Commercial law and Industrial law
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The Human Resource Management Concentration is designed to prepare students for a career in the HR field. Graduates of the program will possess the basic‚ technical‚ theoretical and application skills required for HR positions in industry‚ government and nonprofit organizations. What is Human Resource Management? • HRM includes all management decisions and practices that directly impact or influence the people who work for an organization. • HRM recognizes that employees enable an organization
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becoming a global issue. So as it stands‚ environmental law has both international and national perspectives. I will take you through to both the perspectives of environmental law and also discuss in detail five international conventions of significance constituting provisions for the protections of environmental law. First let us go through what is meant by environmental law. WHAT IS ENVIRONMENTAL LAW? According to Wikipedia‚ Environmental Law is stated as a collective term describing international treaties (conventions)
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Special Education Law Analysis Special Education Law Analysis Education in the United States has had a reputation of un-uniformity and mistreatment of certain groups especially students with disabilities. However‚ the recent past has yielded some advancement. Federal legislation has put into place three major laws that have lead to better treatment and higher quality education of students‚ especially those with disabilities. These laws are the Individuals with Disabilities Education Improvement
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Managers are essential for any type of business in order to succeed. They are specialists required to perform a particular set of specialized roles that are dependent on the functional area in which they work [1]. Their rule cannot be ignored. They are the ones who are responsible of planning‚ organizing‚ commanding‚ coordinating‚ and controlling [2]. This paper is designated to study the role of managers in the different functional areas of any business. But what are the functional areas of any
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Luis Armendia October 3‚ 2004 BUSINESS LAW UNIT ONE AND TWO QUESTIONS 1-4. Which source of law takes priority in the following situations‚ and why? a) A federal statute conflicts with the U.S. Constitution. A. CONSTITUTONAL LAW. Article VI‚ the Constitution is the supreme law; a law in violation of the Constitution will be declared unconstitutional and won’t be enforced. b) A federal statute conflicts with a state constitutional provision. A. STATUTORY LAW. A federal statute applies to all
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