Question 1: Discuss the issues of contract law that arise. 1. The main legal issue in the case is whether the contract has been formed and Daphne is subjected to contract and obligated to pay £200 to Sonya for the TV. The law of contract regarding offer acceptance states that in order to form a contract‚ the acceptance must be unconditional (Black 2011) . Counter-offer is a response to an offer which‚ while not expressly rejecting the offer‚ seeks to qualify it by deleting some of the terms. The
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Microeconomic Issues – Question 2 – Ethical Issues in Business Unfortunately‚ today’s business world is full of companies making unethical decisions or sparking controversy by taking publicly announcing their stance on specific moral or religious issues. One recent specific example that made quite a splash in the national media as well as in the stomachs of the public involved the popular fast-food chain Chic-fil-A. This past summer‚ Chic-fil-A’s COO Dan Cathy publicly affirmed his opposition
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International Economic Issues EXEE 2108 Dr. Mohamed Aslam bin Gulam Hassan TIME:3-4 PM TUTORIAL 7 Prepared by: HAO SI QI EEE100711 ZHANG YUN FEI EEE100717 (a)“Euro zone crisis is dragging the world economy into wide depression in 2013”. Do you agree with the statement? Explain. I am agreeing with the statement. Euro zone crisis is an ongoing financial crisis that has made it difficult for some countries in the euro area to repay
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client that now makes up 50% of their sales. During this meeting‚ Bill informs Joe that he is happy to be working with him on the renewal of the contract and tells Joe that the competitor Threads4U has offered to beat your price by 10% and wants to know what Joe can offer them to keep the contract. Joe knows that there is no way he can bid the making of the uniforms any lower than he did the last time for fear of losing his job and is also worried that if her were to bid any lower that it could cause layoffs
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Cross Cultural Communication Issues in International Business Executive Summary Aims and Objectives A research is not just the study of facts and figures; it is rather a systematic investigation of facts to answer various questions that has been unanswered. It is a systematic quest to identify unexplored areas and answer unanswered questions with supporting evidences and facts (Goddard & Melville‚ 2006). Research is also a never-ending process; one research leads to another one. There
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Ethical Issues in the Use of Animals in Biomedical Research Richard R. Sharp‚ PhD Center for Medical Ethics and Health Policy Baylor College of Medicine Historical Perspectives The use of animals in biomedical research has a lengthy history. Early Greek writings (circa 500 B.C.)‚ for example‚ describe the dissection of living animals by physician-scientists interested in physiological processes. These early vivisections appear to have been done mostly for exploratory purposes‚ however
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Personal Ethical Statement Upon review of my results from the Ethical Lens Inventory‚ I learned that I have an optimistic approach about things. I seem to see in the good in situations rather than allowing the negative aspects of a situation prevents me achieving my goals. This is in regards to my preferred ethical lens‚ my reasoning skills allow me to determine what needs to be accomplished and what my role consist of so that everyone will be treated fairly. In terms of my blind spot I don’t
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Ethical issues: “The Rain Man” The movie “The Rain Man‚” is a movie with a big ethical issue. Tom Cruise plays Charlie Babbitt‚ who just discovered his dad died and left him hardly anything in his will‚ while leaving his brother 3 million dollars. Charlie never knew he had a brother until this happened. His brother‚ Raymond‚ is an autistic man who is capable of computing difficult mathematical problems but is psychologically attached to daily habits and routines. This makes him thus unable to adapt
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Current ethical issue analysis Due to the sheer size of its market and exposure‚ the juggernaut that is Wal-Mart faces a multitude of ethical issues of a wide variety in today’s market. The company touts having three main points in its code of ethics: respect for the individual‚ service to the customer‚ and striving for excellence. It is estimated that Wal-Mart is the largest U.S. importer of Chinese products‚ and that Chinese manufactured goods actually make up around 70% of the company’s total
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1200-3000 outlets across 480-800 towns. 3. What lessons can other Indain business learn from the experience of Arvind Mills? Answer Arvind Mills is one of the trademarks of Indian market‚ which executed diverse patterns of business. Arvind brand extended the international brands in small towns of India. Of course‚ many other business brands in India now follows Arvind brand. The other Indian businesses should learn a lot from Arvind Mills: international outset of market; Multi-regional integration
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