What is the role played in contract law by the doctrine of consideration 1. Controversies and challenges of consideration. For a contract promise to be enforceable‚ that promise must normally be supported by consideration. Any contractual promise must be supported by consideration unless an exception applies. A promise will be supported by consideration if it’s given as part of a bargain or exchange rather than a gift. Second‚ the promiser or 3rd party should receive some act forbearance
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16. The First Amendment does not protect commercial speech as extensively as noncommercial speech. answer: TRUE 17. A business firm’s profits may suffer if the firm acts unethically. ANSWER: TRUE 18. An ethics program can clarify what a company considers to be unacceptable conduct. ANSWER: TRUE 19.
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1/27/2014 The Three Legal & Ethical Issues in Business in Bangladesh Business ethics has both normative and descriptive dimensions. As a corporate practice and a career specialization‚ the field is primarily normative. Academics attempting to understand business behavior employ descriptive methods. The range and quantity of business ethical issues reflects the interaction of profit-maximizing behavior with non-economic concerns. Interest in business ethics accelerated dramatically during the
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No. Odessa cannot enforce this promise because it was a promise made based on moral obligation. In addition‚ promises based on moral obligation lack consideration and are not enforceable. It was considered a gratuitous promise and it’s unenforceable. 2. There is a theory of consideration in this case. Forbearance as consideration is the theory in this case. William Story II refrained from drinking‚ using tobacco‚ swearing‚ and playing cards or billiards for money after his uncle offered him a large
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International Legal and Ethical Issues Thais Padilla Law 421 Monday December 1‚ 2014 When conducting international business there are things that a company must know. This could be a daunting task but it is important to know. Some of the factors that have to be considered know the local laws‚ cultural differences‚ international laws‚ and any political situations that can arise. So when a company decides to do business internationally it is important for them to know the local and
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Jessica Porter Should CSR Matter Outside of the U.S.? 10/26/2014 Laura Pogue On July 7‚ 2011‚ The Wall Street Journal reported in an article on the ethical conflict facing the prodigious corporation known as Starbucks. According to the President of the union in Chile‚ union workers are dissatisfied and fed-up with the low employee morale they face in their work environment. Starbucks employees were said to have a starting hourly wage of $2.50 and that it hasn’t been changed for
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At the end of 1970 until 1997‚ Dennis Rader‚ otherwise known as the BTK killer terrorized the Wichita Kansas area. Rader was convicted of killing 10 people over a 27 year period. The Otero family was the first victim of Rader’s reign of terror (Chu‚ Sieger‚ & Thigpen‚ 2005). In 1974‚ Rader strangled Joseph‚ Joseph Jr‚ Josephine‚ and Julie Otero. Left at the crime scene was Semen from the suspect masturbating over the lifeless body of 11 year old Josephine Otero (Chu et al.‚ 2005). At the time‚ DNA
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Ethical relativism is the theory that morality is relative to the norms of one’s culture. That is‚ the moral norms of the society practiced depend on whether an action is right or wrong. But‚ the problem with moving from cultural perspective to cultural relativism is rather than saying‚ “we need to understand the morals of other cultures‚” it says‚ “we cannot judge the morals of other cultures‚” regardless of the reasons for their actions. The same action may be right in one society but be wrong
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Dennis O’Driscoll’s poem‚ “Tomorrow” takes its reader through stages of optimism‚ jealousy‚ and pessimism within its three parts. While each part of the poem is different and has its own theme‚ it can be found that they tie together in the end. In the poem “Tomorrow”‚ we are taken through the stages of optimism for a better life‚ jealousy for those who already seem to have it‚ then pessimism for believing the future will bring anything new. Part one of O’Driscoll’s “Tomorrow”‚ labelled “I”‚ brings
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Ethical and Legal Issues Impacting Professional Practice Angela Dunbar Arizona State University Ethical and Legal Issues Impacting Professional Practice According to Code of Ethics for Nurses‚ the nurse in all professional relationships‚ practices with compassion and respect for the inherent dignity‚ worth of uniqueness of every individual‚ unrestricted by considerations of social or economic status‚ personal attributes‚ or the nature of health problems ("Code of Ethics for Nurses‚" 2001‚ p
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