Business Law and ethics Subject: The objective of this report is to highlight the importance and need of ethics‚ ethical leadership and organisation behaviour. The report is based on the speech of Michael Hackworth. Leadership in fairness and honesty makes good business sense. Organisation behaviours‚ culture‚ values‚ management style and ethics‚ all of them make a combination on which company success and failure depends. Every company in the world start by stating the mission‚ objectives
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BUSI 2601: BUSINESS LAW CHAPTER 1: THE ROLE OF LAW How Do We Define Law? 1. Law is needed to protect persons and property; it prohibits conduct that society believes to be harmful to others. The law punishes a wrongdoer who is found guilty of such conduct‚ and usually also give the vistim a right to obtain compensation from the wrongdoer. It prescribes simple but vital rules that allow us to get on with our everyday lives. 2. Law gives government the powers to act for the benefit of society
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A state law that conflicts with the U.S. Constitution will be deemed unconstitutional. TRUE A substantive law creates or defines legal rights and obligations. True As a judge‚ Jay applies common law rules. These rules develop from
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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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Contract Elements Business Law is an interesting topic‚ especially when contracts are the subject of discussion. Contracts can obligate a party to perform a task‚ stop performing a task. They can be a guideline on a specific business sale or as simple as ordering something online. When things go wrong and contracts are claimed to be broken‚ the first thing we look into is whether it was a valid contract to begin with. For a contract to be considered valid there are 4 main elements it must contain
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CONTRACT & AGENCY LAW END-OF-COURSE ASSESSMENT JULY 2012 PRESENTATION Submission Date : 08 Sept 2012 Question 1: Legal issues: As there are different parts to “Clause 8” in the employment contract which Julia as an employee has signed with Calypso Private Limited‚ we shall examine four separate legal issues. The first legal issue is whether Calypso is able to enforce part (a) of Clause 8 which states that Julia shall not be directly or indirectly
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1. What are the four elements of a valid contract? A contract is an "agreement between parties‚ with terms and conditions that describe the agreement that constitutes a legal obligation" (All Business). A valid contract requires four elements and these are: a. Mutual agreement there must be a meeting of the minds between parties. There should be an offer and an acceptance. There should be an agreement to enter into the contract b. Consideration - meaning that "every party is conferring a
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MANAGEMENT DEVELOPMENT INSTITUTE OF SINGAPORE IN COLLABORATION WITH UNIVERSITY OF BRADFORD DIPLOMA IN BUSINESS MANAGEMENT BUSINESS LAW ASSIGNMENT Presented by Name | FIN/IC Number | Participation Marks Awarded | Gerry Vicentius Sajuti | G1180480U | | Diana Ong Cabillan | G5304258P | | Cecillia Satryo | G1188819X | | ANALYSIS | /40% | RESEARCH | /30% | ORGANIZATION | /15% | PRESENTATION | /15% | Date of Submission: 16 OCTOBER 2012 Name of Lecturer: DANIEL THEYAGU
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Overview It’s not a surprise when the Lululemon Athletica’s founder Chip Wilson got his inspiration from a commercial yoga class he took in Vancouver. Having past experience in surfing‚ skating and snowboarding business‚ Chip figured out that the experience of post- yoga rush is somewhat familiar to that of surfing and snowboarding‚ and believed yoga would become popular again. At that time‚ yoga practicers performed excercises in cotton clothing and it was proven not to be suitable as the fabric
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__ (2013). The Respondent‚ John Wiley & Sons (“Wiley”)‚ brought a claim against Petitioner‚ Supap Kirtsaeng d/b/a Bluechristine99 (“Kirtsaeng”)‚ for violation of the Copyright Act‚ 17 U.S.C. Sections 101-810. Facts Kirtsaeng began as a legal case in U.S. District Court‚ New York‚ (2010) and culminated in a U.S. Supreme Court (“SCOTUS”) ruling‚ March 13‚ 2013. Both the District Court and the 2nd District Federal appellate rulings favored Wiley which caused Kirtsaeng to seek cert which was granted
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