Business Law II Exam I Review ____ 1. As part of a loan to pay for improvements to her restaurant‚ Courtney executes a negotiable instrument in favor of Tim. They are the only parties to the instrument. A negotiable instrument that has only two parties is The promissory note is the simplest form of commercial paper; it is simply a promise to pay money. A promissory note is a two-party instrument in which one person(known as the maker) makes an unconditional promise in writing to pay
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COMMERCIAL TENANCY LAW IN AUSTRALIA AJ BRADBROOK CE CROFT BUTTERWORTHS (1990) [1.04] the doubt which has been created results from a series of English decisions given in the course of the 1950s and 1960s. In 1952 Denning LJ (as he then was)‚ expressed the view that the test of exclusive possession was by no means decisive: Errington v Errington [1952] 1 All ER 149 at 297; [1952] 1 KB 290. His Lordship said that the difference between a tenancy and
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losing party would be subject to very harsh and unreasonable bc the contract was unenforced Categories of illegal agreements 1)that violate statutes (break laws or are directly assisting in broken laws) 2)violate public policy 3)unconscionable agreements and contracts of adhesion Noncompetition clauses 1) Clause must serve a legitimate business purpose 2) The restriction on competition must be reasonable in time‚ geographic area and scope.3) The clause should not impose any undue hardship.. -Very
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Re: Applicable Employment Laws for Landslide Limousines Dear Mr. Stonefield‚ As per our conversation‚ I understand that you want to start a Limousine Service with 25 employees on your first year of business. During my research I found that there are applicable laws for the State of Texas. There are 5 specific laws that needs to be address in order to having a successful business. In this memo we will provide your company a brief description of the employment laws that should be implemented
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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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These condition can refer to the acute kidney diseases and disorders. In AKI‚ there are three important factors that needed to be considered. For instances‚ the kidney function estimation‚ fluctuations in the creatinine production and fluid balance. A study conducted by Jelliffe et al. (2002) found that in AKI‚ the function of the kidney is in non-steady state. Hence‚ the Jelliffe equation was created in order to estimate the glomerular filtration rate in this non-steady-state kidney function. In the
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Week II Assignment Group II – Cases 8 & 10 Case 8: Galindo v. Town of Clarkstown Identify the parties involved in the case dispute (who is the plaintiff and who is the defendant). The case involves Mr. Galindo’s wife as the plaintiff and her employer‚ Mr. Richard Clark‚ as the defendant. Identify the facts associated with the case and fact patterns. Javier Galindo‚ the husband of the plaintiff‚ was sitting in his car in the driveway of Mr. Clark’s property waiting to pick up his wife
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form a legally binding contract‚ the elements of offer and acceptance; present of consideration; intention to create legal relation; capacity; legality of object; compliance with formalities; and genuine consent must be present all together. In the case of Charles v. Alex‚ to determine whether or not Alex was entitled to sell the apartment to another buyer depends very much on whether or not the element of offer and acceptance were present and hence formed a legally binding contract between them.
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BUSINESS LAW EXAM1 1. One rule that emerges from the social contract is that people should never make unsupported judgments about one another but should instead always investigate the facts in an effort to uncover the truth about the character of a person or the nature of a situation. 2. utility thinking. 3. there are no objective or absolute standards of right and wrong. 4. utility thinking. 5. ethics. 6. If the social contract disintegrates‚ society would return to a "state
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African Consolidated Resources Plc and Others Minister of Mines and Mining Development and Others (HC 6411/07) [2010] ZWHHC 86 (6 September 2010) Download original filesPDF format RTF format | | Bookmark/share this page | [Context] [Hide Context] HH 205-2010 HC 6411/07 IN THE HIGH COURT OF ZIMBABWE HELD AT HARARE In the matter between:- AFRICAN CONSOLIDATED RESOURCES Plc and DASHALOO INVESTMENTS (PVT) LTD and POSSESSION INVESTMENTS (PVT) LTD and HEAVY STUFF INVESTMENTS
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