Examine what is meant by consideration and consider what amounts to good or sufficient consideration. Consideration is an essential element for the formation and enforcement of a contract. It is the barge by which agreements are enforced in English contract law. It makes simple the process of parties creating contract. Curry v Misa‚ is one of the cases where the courts defined consideration as a benefit‚ a right‚ a profit to one party‚ a forbearance‚ a loss to another. Dunlop v selfridges.
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Explain what is meant by the term "barriers to trade;" use examples. (10) In order to understand what we mean when we say "barriers to trade" we must first grasp the idea of international trade and free trade which is what these "barriers" are preventing. International trade is made up of imports (M) and exports (X)‚ and is one of the components of aggregate demand (X-M). For some economies‚ international trade is an extremely significant contributor to GDP‚ as they have goods and services which
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Framework states that the objective of financial statements is to provide information about the financial position‚ performance and changes in financial position of an entity that is useful to a wide range of users in making economic decisions." What is meant by saying that accounting information should be decision useful’? As stated in the AASB Framework‚ financial statements play an utmost important role to a variety of users‚ which mainly consist of the investors‚ employees‚ lenders‚ suppliers
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culture‚ using various examples from module materials and own experiences. The essay will discuss dementia care in order to explore the relationships between culture and communication. The essay will conclude by summarising the main key points. What is Culture The social science writer Mark J. Smith states: ‘When we think about the possible meanings and uses of the word ‘‘culture’’‚ we walk into a maze of interpretations and associations’ (Smith‚ 1998‚ p. 262). This is because; the word culture
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Chapter 1: What is Positive Psychology Traditional Psychology: * The Milgram study‚ people thinking they were shocking individuals. 66% continued to deliver shocks * Study suggests that ordinary people will go against their own judgment and morals under pressure from authority * Human nature‚ as it appears cannot be counted upon to insulate society from acts of brutality * Similar with people following orders in war * Psychology typically focuses more on the negative that
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1) Explain what is meant by the term pseudoscience used in paragraph 1? The word pseudoscience by definition means a theory that is claimed to be factual or scientific but has insufficient evidence to prove so. In paragraph one the term pseudoscience is used in reference to physiognomy which is being able to tell someone’s character from their face. It is said in the article that physiognomy was “written off as pseudoscience.” After it became associated with phrenology which is referred to as a pseudo
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Who Am I Meant to Be? The quiz Who Am I Meant to Be by Ann Dranitsaris is about seven styles that she identified if you are having trouble finding out who you are meant to be. "Striving styles" she called them‚ thoughts and behavior that satisfy you in different ways. She also says that when you discover your dominant style‚ you have the best chace at fulfilling your potential. After I took this quiz the style that I scored highest on was #6: Striving to be secure. The good attributes that style
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Explain (and give examples of) what is meant by Social Facilitation and Co-action. Make the difference of the two clear. Triplett’s (1898) experiments demonstrate the phenomenon of the co-action effect‚ showing how improved task performance is generated by the presence of others involved in the same task. His experiment of “dynamogenic factors in pacemaking and competition”‚ where the comparison of a cyclist racing the clock around a track‚ as opposed to racing another cyclist‚ or with a pace maker
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The textbook shows seven main theories of psychology. They are all theories that phycologist were trying to improve and change to make the most accurate theory. The seven theories are biological‚ evolutionary‚ psychodynamic‚ behavioral‚ humanistic‚ cognitive‚ and socio-cultural theory. Behavioral theory is when someone observes a person’s response to different situations. Because people are unable to observe senses or thought processes. An example would be a therapist observing their patent to make
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Running Head: WHAT ABOUT BOB ANALYSIS OF CHARACTER AND THEORY What about Bob: Analysis of Characters and Theories Margaret Oliver 201340-PSY-2012-06T Professor Leonard Abstract In the film What about Bob‚ the movie starts off with Bob Willey sitting in bed telling himself “I feel great‚ I feel good‚ and I feel wonderful.” Without these words of encouragement he wouldn’t make it through day. Bob Wiley is quite the interesting character; he suffers from so many disorders
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