East West University Case Study on East Meets West: Business Joint Ventures Prepared For: Prepared By: Naimur Rahman ID: Section: Date: * Why would a joint venture partner from a planned economy have difficulty understanding that the consumer is king or queen? Answer: Every economy has its own characteristics as both good and bad as well. In any economy‚ there are rules and regulations fortified in the manner to help the citizens and so that the businesses can get enough revenue
Premium Soviet Union Economics Business
The Issues and Constraints in Relation to the use of Business Information in Asda In this assignment I will be explaining the issues and constraints in relation to the use of business information in Asda. I will be outlining the operational issues within the company. Operational Issues Asda will have different types of information. Some of their information will be more important than other information within the organisation. Asda need to ensure that the organisation receives the information
Premium Security Information security Computer security
[pic] UNIVERSITI TEKNOLOGI MARA DEPARTMENT OF LAW TEST 1 COURSE : BUSINESS LAW COURSE CODE : LAW 416 DATE : 17 OCTOBER 2012 (WEDNESDAY) TIME : 1 ½ HOURS INSTRUCTIONS TO CANDIDATES 1. This question paper consists of THREE QUESTIONS: Answer TWO (2) questions only (1 Question x 25 Marks = 25 Marks) 2. Do not bring any notes or reading material into the test hall. If you have ‘accidentally’ done so‚ please surrender the materials
Premium Law Business law Breach of contract
in regard to insolvent trading and if they breach any law for insolvent trading what are the consequences they have to suffer and also law has given some defences for insolvent trading for directors in order to avoid penalty. S9 defines a director of a company- a person who is appointed to the position of a director or alternate director regardless of the name given to their position. Managing director is responsible for overall daily business. Non executive directors have part time involvement with
Premium Debt Managing director Bankruptcy
to work for a large company. Others prefer to work for a small company. Which would you prefer? What large company can give you is rather different from what you can get from a small one. Each one has its benefits and perks‚ and what to choose depends on your long term goals‚ lifestyle‚ personality and so on because of the difference in corporate structure‚ staff turnover rate and goals between large and small companies. Concerning small ones‚ employees get much more freedom because of more simplified
Premium Small business Corporation
Agency‚ with special focus on the liabilities involved between the parties. The Law of Agency: General Concepts Agency Laws comes under the purview of Commercial Law. The Indian Contract Act 1872‚ Section 182 defines an Agent as “a person employed to do any act for another or to represent another in dealings with third persons”. The other person to whom the agent is employed to is said to be the Principal. The law of agency helps form the different contractual‚ quasi-contractual relationships
Premium Contract Contract law Agency law
Law of Agency – the Contracts Act 1950 Great Northern Railway Co v Swaffield states that where impossible to get principal’s instructions‚ the agent’s action is necessary to prevent loss and the agent has acted in good faith‚ an agency of necessity arises. The Contracts Act 1950 states that an agent has to obey principal’s instructions. The Contracts Act 1950 states that an agent has to be careful‚ diligent and use any skill that he may
Premium Agency law Business law Agency
SeniorCare@Home Business Plan Online Service and Training for In-home Senior Care Johnny July 19‚ 2013 Mission statement To meet the market growing demand for non-medical and skilled nursing in-home care‚ primarily to exploding market of those over the age of 60. SeniorCare@Home provides online and training service both for the elderly and workers who intend to work on senior care. Key Market: Seniors / Home Care & Service Contribution: Information‚ opportunities and training
Premium North America Canada Old age
decide to go into business together to promote new recording artists of alternative music genres‚ calling the business “Alternative Universe.” Assume for purposes of the following questions only‚ that they have chosen to operate the business as a general partnership‚ and that the partnership is formed in a jurisdiction that has adopted the Uniform Partnership Act (UPA). Tricky invested $1‚000‚ Macy invested $9‚000‚ and Esthero didn’t invest any capital. Macy also loaned the business an additional
Premium Corporation Business law Partnership
TOPIC THREE: LAW OF AGENCY * Nature and Creation of an Agent * Duties of an Agent to his Principal * Duties of a Principal to his Agent * Termination of Agency Contract NATURE OF AGENCY What is an agency? Section 135 of Contract Act 1950: “Agency is the relationship which subsists between the principal and the agent who has been authorized to act for him or represent him in dealings with others.” There are two types of agency contracts:- 1. Contract between principal & agent
Premium Agency Agency law Agent