BUSINESS LAW. I SEM MBA ONE MRKS QUESTIONS: 1. What is void agreement Void means having no legal value and agreement means Arrangement‚ promise or contract made with somebody. So void agreement means an agreement that has no legal value. “An agreement not enforceable by law is said to be void”. [Sec 2(g)] A void agreement has no legal effect. An agreement which does not satisfy the essential elements of contract is void. Void contract confers no rights on any person and creates no obligation
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Forming a free trade agreement between countries is believed to have brought some negative impacts towards both countries’ in employment and growth. One of the objections to Country A signing a free trade agreement with Country B is that free trade may give a negative impact on jobs. Most free trade agreements give false promises‚ claiming that it creates jobs and raise incomes. However‚ the problem with this claim is that it misrepresents the real effects of trade on the economy. Trade‚ in fact
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UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS GCE Ordinary Level MARK SCHEME for the October/November 2009 question paper for the guidance of teachers 2281 ECONOMICS 2281/02 Paper 2 (Structured Questions)‚ maximum raw mark 80 This mark scheme is published as an aid to teachers and candidates‚ to indicate the requirements of the examination. It shows the basis on which Examiners were instructed to award marks. It does not indicate the details of the discussions that took place at an
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What they are; They are the different ways numbers can be used. NOMINAL LEVEL: Numbers can be used as tags or labels‚ where the size of the number is arbitrary. Barcodes and social security numbers are two examples. We could use the name of the merchandise or person equally well‚ but we choose numbers instead. The fact that the barcode for milk is higher than for razor blades (is it?)‚ or that your SSN is higher than mine ( is it?) tells us nothing. In surveys they often use arbitrary numbers
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1. Explain various levels of Product with examples? (10 Marks) For many a product is simply the tangible‚ phsysical entity that they may be buying or selling. You buy a new car and that’s the product - simple! Or maybe not. When you buy a car‚ is the product more complex than you first thought? In order to actively explore the nature of a product further‚ lets consider it as three different products - the COREproduct‚ the ACTUAL product‚ and finally the AUGMENTED product. These are known as the
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Labor Relations and Collective Bargaining Agreements Strayer University BUS 310 Prof. Robert High March 15‚ 2009 Outline Labor Relations and Collective Bargaining Agreements I. History of the American Labor Movement a. Labor and Employee Laws b. The Union II. Labor Relation Process c. Public-Sector Labor Relations
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Introduction to Economics I TRADE AGREEMENTS AND WORLD TRADE ORGANIZATION PROFESSOR ASSISTANT STUDENTS Nataša Tandir Nedžad Isaković Sejid Abaz Sarajevo‚ December 2011. CONTENT Trade Agreements.......................................................................................................................... 3 Bilateral and Multilateral Agreements................................................................................. 3 Trade Agreements and Trading Blocks................
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"In the last years‚ we have seen the WTO being stuck‚ while regional & bilateral trade agreements gained ground‚ so how would you assess the role of the WTO in the upcoming decade and do you think that the WTO will need to adjust to this new environment‚ if so‚ how?" The proliferation of preferential trade agreements and regional trade agreements have in the global trading environment have seen has significantly shaped the day to day conduct of international business transaction since the GAAT formally
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"No matter how sophisticated a system of internal control is‚ its success ultimately requires that you place your trust in certain key personnel" Introduction Within any organisation a high level of trust has traditionally been placed in management and key personnel. This has led to some quite public failures in corporate governance and internal controls Enron‚ WorldCom‚ HIH insurance etc A lack of effective personnel controls can lead to a multitude of organisation problems such as fraud
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Service learning provides child development students an opportunity to get along with children‚ and learning about the ideas on how the instructors create their lessons. In this service experience‚ I have learned the way that the instructors teach their lesson‚ a clear and interested lesson always attract children attention and have them involve in the activities. In addition‚ demonstration is another important factor while holding a lesson since sometimes children are unable to get the actual meaning
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