To begin with‚ the case as regards Richard and Ernie is related to the Doctrine of Promissory Estoppel‚ which is derived from Equity. According to this doctrine‚ if one party to the contract (promisor) makes a promise which the other party to the contract (promisee) acts upon‚ the promisor is estopped from going back on his promise‚ even though the promise did not provide any consideration. Theoretically‚ by this concept‚ Ernie should be estopped from asking Richard for the remaining balance of
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Shui Fabrics Strayer University October 28‚ 2012 Ray Betzell and Chiu Wai’s perspective on Shui Fabrics Economy Ray general manager of the American company feels the disappointment of the low Return of Interest (ROI). In launching this business on Chinese soil there were many barriers from Chinese government. Economically the business venture is more advantageous to the Chinese government rather than the American business because of the high tariffs placed upon American
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that can lead to someone getting offended. It seems that in everyday life there is something someone can always lie about. In my opinion‚ I think lying is wrong and that people should always tell the truth‚ because everyone you come into contact will trust you. If you do lie‚ the truth will eventually come out‚ and if you do not lie you will have a clean conscious. Lying does not do you or anyone else any good; it does not resolve anything. Perhaps at first if you are a good liar
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TRUST IN THE MILITARY What is one of the most important elements used in relation building in the military? Trust‚ personal growth from friendships becomes challenging without the presents of this crucial element. Without trust‚ individual’s confidence in all echelons of leadership and their subordinates ability to complete missions would diminish a unit’s morale and loyalty. Friendships are constructed over time through the innuendo of mutual trust. Time is the only factor
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Cause and effect outline‚ nagfocus ako sa effects. Topic: losing parents’ trust Objectives: To persuade readers Specific Objectives: I want my audience to give importance to their relationship with their parents and to be responsible for their behaviour. Thesis Statement or Theme of the essay: It is a very difficult experience for children to lose their Parents’ trust Sentence outline I. Losing the trust of your parents will give their children limited opportunities to reach their desires
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WHO SHOULD INVEST IN UNIT TRUST Unit trust funds are promoted as a long-term investment instrument. It is also a form of indirect mechanism for participating in capital market instruments. Investment in unit trust funds carries a relatively lower risk-return profile‚ hence would appeal to you if you are a conservative investor with a long-term investment horizon and who lacks the time and skill to directly participate and monitor the investments in the various capital market instruments. In general
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Unit Trust is a collective investment scheme that pools the savings of a large number of investors. The money collected is invested by the fund manager in different types of stocks‚ bonds‚ or other securities in various proportions depending upon the objective of the fund. The income earned through these investments and the capital appreciation realized by the scheme‚ after deducting the trading costs and expenses of managing and administering the fund are paid out to the unit holders in proportion
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social. we examine the role of trust in the successful use and adoption of electronic commerce applications. Trust: belief Based in the system characteristics‚ specifically belief in the competence‚ dependability and security of the system‚ under conditions of risk. Characteristics of online trust: 1. Trustor and trustee 2. Vulnerability 3. Produced actions 4. Subjective matter Title: | The impact of online store environment cues on purchase intention: Trust and perceived risk as a mediator
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Providian Trust Case Study Executive Summary: Providian Trust is a company which is rich in tradition‚ experience‚ and a high level of customer service‚ but was void of technology‚ information management‚ and therefore also void of an IT competitive advantage. Providian Trust was in major need of reengineering and simply implementing a new software system (Access Plus) was not going to give the company a competitive advantage. The company was going to need a dramatic redesign of business processes
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Andrew Carnegie: The Charitable Captain of Industry During the time period after the Civil War and nearing the twentieth century‚ America’s economy was in prime position to be molded – all America needed was someone to come along to mold it. Businesspersons like Cornelius Vanderbilt and entrepreneurs like John D. Rockefeller were prime examples of exactly whom America needed to take charge of the economy at this time; however‚ there was one man who was not only a self-made steel tycoon and one of
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