QUESTION 1 Studmaster Pty Ltd was a landlord that owned a shopping complex in Bourke Street‚ Melbourne. Mrs Tran operated the “Vietnamese Lunch Box” outlet in the food court. She had little ability to speak or read English‚ which the representatives for Studmaster knew about. Studmaster proposed a three year renewal of her lease at $48‚000 per annum plus GST for the first year and CPI increments in the second and third years. A representative for Studmaster told Mrs Tran that: • “We
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support while explaining that it has dual density foam which is thicker compared to foams used in ordinary bags. He also pointed about the lining that only Hawk bag has‚ a dura-shield fabric made from Thailand. He also discussed about the service warranty of the bag‚ that if there’s something to be repaired you have just to go to the nearest SM near you and SM will be the one to forward the bag to the service centers. The service is free but if they are things that need to be altered or replaced that
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as fast as they can‚ but the big leverage can be big problem. C. Private-IPO : I think this is best solution‚ but that is also big problem to those who runs the company because of warranty. Heritage partners should protect themselves because they are minority shareholders‚ so they made warranties. However that warranty can take control power from CEO when CEO don’t maintain their growth. In that case CEO can make the estimation lower‚ but that means they can be evaluated lower by Heritage partners
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Module 7 Reporting and Analyzing Nonowner Financing DISCUSSION QUESTIONS Q7-1. Current liabilities are obligations that require payment within the coming year or operating cycle‚ whichever is longer. Generally‚ current liabilities are settled with existing current assets or operating cash flows. Q7-2. An accrual is the recognition of an event in the financial statements even though no related external transaction has occurred. Accruals can involve both liabilities (and expenses) and assets
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dealer informing a customer that the delivery of a custom-order vehicle will be delayed two months. ->inductive e. A message from an appliance manufacturer authorizing the replacement of an under-the-counter ice machine that is still under warranty. -> deductive f. A message from a human resources manager refusing an employee’s request that the manager “fudge” to a lender about his reported income to help him qualify for a home loan - >inductive g. A message from a financial planner
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DEPARTMENT EXAM TEST BANK SPRING 2011 True/False Indicate whether the sentence or statement is true or false. __F___ The Offeror Is The Party With The Power To Decide Whether To Create A Contract. __T___ An offer made as a joke‚ where a reasonable person would conclude that it was made as a joke‚ cannot result in a contract. __T___ The communication of an offer can be made by the offeror or the offeror ’s agent. __T___ Generally‚ advertisements‚ catalogs‚ price lists‚ etc. are not treated
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recommended extending the Volkswagen bumper-to-bumper warranty program. Volkswagen used to provide a four-year‚ 50‚000 mile bumper-to-bumper warranty and a five-year‚ 60‚000 mile power-train warranty‚ but in 2009‚ the bumper-to-bumper guarantee was shortened to a three-year‚ 36‚000 mile coverage. While this brought Volkswagen more in line with its main competitors (Honda‚ Toyota‚ Mazda‚ Nissan‚ and Ford)‚ the Board suggested that increasing the warranty would
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one another. You can use so many sources to find what you’re looking for and know that you’re getting it for a good price and hopefully with a warranty so that it will outlast your lifetime and have you know that you’re getting the deal you originally wanted but didn’t know it yet. One of the biggest things to look for in a product is if it has a warranty and how will it be updated and if there will be updates for it now‚ later‚ and in the future. In this new day and age were almost everything is
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IDEA INSTITUTE OF MANAGEMENT AND TECHNOLOGY Name Jeenal Bhatt Studying in MBA 3rd Semester Subject Legal Aspects of Business Study center Idea Institute Subject Code MB0051 Date of Submission Master of Business Administration- MBA Semester 3 MB0051-Legal Aspects of Business Assignment Set- 3 (60 Marks) Q.1. “Discharge refers to the termination of contractual relationship between the parties”. Explain the statement along with different modes of discharging a contract. Answer: Discharge
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ASSET PURCHASE AGREEMENT THIS ASSET PURCHASE AGREEMENT (the “Agreement”)‚ dated as of March 2‚ 2012‚ is made by and between Sam Mama Café LLC‚ a New York limited liability company (“Buyer) and Big Zany Corp.‚ a New York corporation (“Seller”). WHEREAS‚ Seller owns a bar/restaurant business located at 62 Court Street‚ Brooklyn‚ NY 11201 (the “Business”); WHEREAS‚ Seller intends to sell the assets of the Business to Buyer; and WHEREAS‚ Buyer intends to purchase the assets from Seller
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