ESSENTIALS OF A VALID CONTRACT A valid contract has to have the following essential characteristics: * Proper offer and acceptance An offer to be valid must contain certain conditions such as it must intend to create legal relationship‚ its terms must be certain and unambiguous‚ it must be communicated to the person to whom it is being made. An acceptance to be valid must fulfill certain conditions such as it must be communicated by an authorized person before the offer lapses. *
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La política de la empresa ha sido históricamente vender juguetes de menos de 5$ aunque desde hace años tienen varios ejemplos de productos de 10-14$ que han tenido éxito. Rechazo de la "vieja guardia". Empresa y entorno competitivo: - Fisher-Price (FP) tiene en 1970 aproximadamente el 2‚0 % de un mercado de unos 1‚5$ billones (Ventas=$30Mill‚ Mercado=$1.500Mill (estimando el mercado “al por mayor” en la mitad de $3.000Mill que es el limite superior en el cálculo de 1968) - El mercado está bastante
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Macroeconomics LP4 Assignment A price ceiling is a sort of price control governments have imposed to control the price when the price is higher than it should be. Sellers try to sell more of their product because the price is high. But buyers do not want to buy at that price. Price ceilings commonly lead to shortages and are typically associated with long lines. When a new toy or video game comes out there is usually some kind of wait‚ whether in line or on a waiting list. When “tickle me
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STUDY The topic is selected for the project is the Gold price fluctuations and gold as a investment. I selected this topic because of the change in the price of gold and people’s interest in investing in gold as an investment. This topic is selected due to the fluctuating nature of gold and changing trend of gold price. Nowadays people tend to invest their money in gold so as they can increase their investment according to the price of gold at that particular period. Of all the precious
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Hospitality--An Essential Trait “If I have found favor in your eyes‚ my lord‚ do not pass your servant by. Let a little water be brought‚ and then you may all wash your feet and rest under this tree. Let me get you something to eat‚ so you can be refreshed and then go on your way—now that you have come to your servant.” When two angels passed the door of Abraham’s tent‚ he immediately pleaded the men to stay at his place. He also brought water to wash the men’s feet and ordered the servant to prepare
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years of Independence! What did we achieve in these 65 years is a rhetorical question for which answers can be affirmative and negative. No doubt that India is a safer country‚ a country where the living cost is cheaper. This is the place where you can have the speech freedom complaining the system without providing any suggestions or alternative. India is fast developing and all Indians dream of becoming a developed nation by 2020‚ it’s high time for we Indians to think whether we can achieve this
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Essential Values for Success What do Steve Jobs and Lee Kuan Yew have in common? They are both successful people who possess certain values which make them unique and important to be remembered by years of generations. Both of them also contribute to society; Steve Jobs redefine the innovative IT world while Lee Kuan Yew leads Singapore to an unprecedented growth. Gladwell (2008) argued that achievement is a combination between talent and preparation. However‚ Maxwell (2007) said that talent might
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(Summary of book) Markets In Action Price Ceilings A price ceiling is a government regulation of the maximum price that may be legally charged. To see how a price ceiling works‚ we’ll examine its effects in a market for rental housing‚ when it is called a rent ceiling. A Rental Housing Market The demand for and supply of rental housing determine the equilibrium rent and the equilibrium quantity of rental housing available. A rent ceiling tries to change the rent. The effects of a rent
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LITIGATION ENVIRONMENT FOR FORENSIC ACCOUNTING (AFC 710) Conceptual Issues In Crime And Criminal Law (Essential Elements Of Crime) PREPARED FOR: AP DR. ZAITON HAMIN PREPRED BY: MOHD ROSHIDI BIN NOOR IC. NO: 770221-03-5137 2012873046 (FULL TIME) SUBMISSION DATE: 10 NOVEMBER 2012 Introduction Forensic accountants are litigation support / expert witness and financial investigations/ financial detectives who audit‚ investigate and ascertain the accuracy of financial reporting documents
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Gold Prices Forecast As we all know that gold prices are fluctuating widely over the last few years‚ and a wide increase in the bullion rates has been recorded. According to economists and forecasters‚ there are different reasons of this widespread increase in gold prices. Most of them say that this is because of the relationship between crude oil and gold. And because of this correlation between prices of oil and gold‚ the gold prices are constantly changing but its not the only reason these
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