material fact not opinion (Bisset V Wilkinson) nor future intention made by one party to another before the formation of contract intended to induce one party to enter the contract” (Tuner‚ C.‚ 2001) “…a minor is a person under the age of 18 years…” (Law essays UK‚ 2006). Or a minor is a person who has not attained majority (Tulsian‚ 1998‚ p.40) and from this case‚ the minor is Sheba who is 17 years old. The legal issues to be looked at are as follow: 1) Sheba’s representation to Jonathan that she
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Business Law: Research Project Bryant Stratton College Mr. Coleman Kamisha Carter December 17‚ 2012 Introduction “The Public Employee Union is organized to improve Public Service. Advance and improve the interests of its members in the matter of their wages‚ hours‚ working conditions‚ and general welfare”. (Clark‚ 1968-present) Today‚ the United States is the richest country on earth
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is able to take legal action to enforce the contact with Gordon – ex-Sales Manager of Heavy Trucks Ltd for the delivery of five trucks costing $950‚000. Laws To interpret these issues‚ this paper will consider section 126‚ 128(1)(4) and 129 of the Corporation Act 2001 (Cth) as well as the Turquand rule of internal management in common law. Section 126 stated that a firm could exercise the power to make‚ ratify and discharge a contract through an agent. In other words‚ the company will be liable
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Chapter 5 Constitutional Law I. The Constitutional Powers of Government 1789 i. A Federal Form of Government- national government and the states share sovereign power ▪ National gov’t has the implied power ▪ All other powers are reserved for states under 10th amend • Regulate affairs with in boarders ▪ Police Powers- regulate private activities to promote the public order‚ health‚ safety‚ morals‚ and general welfare ii. Relations Among the States ▪ The Privileges
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COURSE NAME: Bachelor of Business‚ Procurement and Supply Management (BBUS) MODULE: Business Law MODULE CODE: OD003 LEARNER NUMBER: s416711 DATE OF SUBMISSION: 14/02/14 WORD COUNT: 2012 TABLE OF CONTENTS Page Introduction 3 1. Intention to create legal relations – A fundamental issue 4 2. Social and Domestic agreements 5/6 3. Commercial and business relations 7 3.1 Honour clauses 7 3.2 Promotional puff and free gifts 7/8 3.3 Ex gratia payments and without prejudice
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Introduction and Sources of Business Law Sara Bakerink Kaplan University LS311-03RP1 There are many terms to know and understand in Business Law. The definition of some terms are easy to comprehend while others are more complex. I have listed several terms from our textbook with definitions as I understand them. Common law is a type of law that was created based on English legal system. "Eventually‚ the common law tradition became part of the heritage of all nations
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British Institute of International and Comparative Law Is the Doctrine of Ultra Vires Dead? Author(s): R. Baxt Source: The International and Comparative Law Quarterly‚ Vol. 20‚ No. 2 (Apr.‚ 1971)‚ pp. 301315 Published by: Cambridge University Press on behalf of the British Institute of International and Comparative Law Stable URL: http://www.jstor.org/stable/758032 . Accessed: 26/04/2013 02:48 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available
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Legal Underpinnings of Business Law OMM 670: Legal Environment February 25‚ 2013 Legal Underpinnings of Business Law Business | Type of Business | Liability Exposure | Compare | Contrast | Tinker’s Home Security Service | Sole proprietorship | Unlimited | Monetary rewards are from both the Proprietor & business | Sole Liability | Tinker & Tailor’s Home Security Service | General partnership | Unlimited | All partners are responsible whether silent or active | If you are
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1. An exemption is a clause in a contract that exempts or removes liability from one or both parties in certain circumstances. Exemption clauses are used frequently in business organization contract. These clauses apportion risk between the parties concerned and the law upholds them‚ assuming the parties negotiated them while drafting the contract 2. The two ways in which exemption clauses can be incorporated in a contract are: (1) Incorporation by notice and (2) Incorporation by signature
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explain in detail how a GmbH is liquidated and which reasons there might be to do so‚ while putting emphasis on the laws concerning the act of liquidation. This term paper is meant to serve as an overview about the liquidation of german GmbH´s. Chapter 1: Liquidation of a GmbH The type of company you will find most often in Germany is the GmbH‚ which is governed by the Law Concerning the Private Limited Companies (Gesetz betreffend die Gesellschaften mit beschränkter Haftung‚ abbreviated
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