mohan kumar injeti dilshan jayalath introduction : business in other words means a commercial activity or an economic system in which goods and services are exchanged for one another or money‚ on the basis of their perceived worth. Every business requires some form of investment and a sufficient number of customers to whom its output can be sold at profit on a consistent basis. To further explain the above said definition of business‚ the leading supermarket conglomerate giant TESCO has been
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Question 1: a) Explain the main characteristics of a consumer contract. Sale of Goods Act 1979 (SOGA 1979) is amended by Sale and Supply of Goods Act 1994 and the Sale and Supply of Goods to Consumers Regulations 2002 The Contract for Sale of Goods A contract for the sale of goods is ‘a contract in which the seller transfers‚ or agrees to transfer‚ the property in goods to a buyer for a money consideration‚ called the price’ This contract contains two conditions‚ Both ‘sale’ and ‘agreement to sell
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Learning Log: 1st reading log/week 2 Lecture 1 Required Reading Reference: Velasquez‚ M. (2012). Business ethics: concepts and cases‚ (7th ed.) (pp. 76-83). Upper Saddle River‚ N.J.: Pearson. (Utilitarianism). Lecture 1 Additional Reading Reference: Taylor‚ A. (2008). Examined Life: Peter Singer on our obligation to alleviate suffering [video file]. Retrieved from: http://www.youtube.com/watch?v=gVViICWs4dM Record a brief description of what the required reading was about. What responses do you
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ELEMENTS OF THE BUSINESS Business elements include structural and infrastructural elements. Structural elements are tangible resources‚ such as buildings‚ equipment‚ and computer systems. These resources typically require large capital investments that are difficult to reverse. Because of their cost and inflexibility‚ such elements arc changed infrequently and only after much deliberation. In contrast‚ infrastructural elements are the people‚ policies‚ decision rules‚ and organizational structure
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Cambodian Mekong University Essentials of Business Communication (MN117) Essentials of Business Communication (MN117) 1. In what ways do communication skill acts as a career filter? Your ability to communicate will make you marketable and continue to be your ticket to success regardless of the economic climate. 2. Would your culture be classified as high-or-low-context? Why? My culture be classified as high-context‚ because our country is a country in ASIA which have very beautiful culture
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Necessary elements to form the contract In this scenario‚ the parties agreed to an oral agreement in regard to buying the house. All elements were met to form a contract. First‚ Paul and Pricilla Peterson made a promise to buy Danny Davidson’s house for $250‚000.00 and Danny accepted their offer. Second‚ consideration was an element in this agreement that a value was promised in exchange for the house and both parties agreed on the amount. Third‚ the acceptance of the offer was expressed through
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9. Yes‚ Suzy and Fred have a valid contract. Fred provided an offer to Suzy and Suzy accepted it through phone call in words. However‚ there is one concern for Suzy in this contract. By the time the contract is effective‚ Fred is‚ under 18 years old‚ a minor. If Fred is not married and nor emancipated either‚ he has the legal right to void the contract without being treated as breaching duty. 10. a. Suzy and Wally have a unilateral contract. Suzy made a promise to pay $10‚000 in exchange for Wally
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7 * References * Bibliography Introduction: To analyse the influence of external environment on the HR policies and practices of organisations/industries‚ there is need to understand what external environment is and analyse how different factors of ‘STEEPLE’ framework influences the HR professionals to change their policies and adapt to new practices. After that‚ it will be analysed how these factors affect the HR policies and
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CONTRACT & AGENCY LAW END-OF-COURSE ASSESSMENT JULY 2012 PRESENTATION Submission Date : 08 Sept 2012 Question 1: Legal issues: As there are different parts to “Clause 8” in the employment contract which Julia as an employee has signed with Calypso Private Limited‚ we shall examine four separate legal issues. The first legal issue is whether Calypso is able to enforce part (a) of Clause 8 which states that Julia shall not be directly or indirectly
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Edmunds ETH/321 04/06/2015 Elements of a Contract Scenario 1. Jack has to decide whether to engage an attorney. What would you advise? I would advise jack not to engage an attorney in the case. First‚ the fact that the old woman who sold the china shows signs of Alzheimer is enough to nullify the contract. A person can only get into contract if they are understand the terms and are considered to be competent. A person engaging in a contract should be able to understand all the ramifications‚ something
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