consider related to starting a business. Discuss the key factors for consideration‚ and explain why you believe these considerations are important for Chris and Erica’s vision for their restaurant business. Identify two factors that contribute to changes in a business environment‚ and explain why it is important for business leaders to keep track of the changes that you have identified. There are many factors that Chris and Erica need to consider in starting a business. These factors are determining
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is provided with knowledge‚ or the persons preparing the information were reckless as to its truth or falsity‚ the deceived party will have a remedy in damages in the tort of deceit. The fraudulent misrepresentation must be established this elements: 1) there must be a false statement of fact‚ not opinion‚ unless the person making statement did not hold that opinion. The statement may be written .oral or by the conduct. While‚ as a general rule‚ there is not a positive obligation on a person to disclose
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Role and Functions of Law Paper | Resource: Case Brief Cipollone v. Liggett Group‚ Inc.‚ et al. in Ch. 2‚ section 2-6‚ “Commerce Powers‚” of the textWrite a 700- to 1‚050-word paper in which you define the functions and role of law in business and society. Discuss the functions and role of law in your past or present job or industry. Properly cite at least two references from your reading. Format your paper consistent with APA guidelines. | Role and Function of Law Laws are as ancient as civilization
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rights to provide independent judgement. However‚ at the same time directors must restrict their independence in a good faith to make decision that would benefit the company. Corporate opportunity factually explains that any business opportunity that could advantage a business (Law Cornell‚ 2010). Thus‚ corporate opportunity doctrine leads the legal duty of directors‚ officers and leading shareholders in a company‚ in the responsibility of loyalty‚ not to take any opportunity for their oneself deprived
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BUSINESS LAW –II UNIT-I Factories Act‚ 1948 Definition – inspecting staff – Health – Safety – Welfare – Working Hours of Adults – Holidays – Employment of young persons and women – Annual leave with wages object of industrial Disputes Act – Definition of Industrial Dispute – Grievance settlement Authorities – Conciliation machinery – Procedure. Power and duties of Authorities – Reference of Disputes of Boards‚ Courts or Tribunal‚ National Tribunal – Strikes‚ Lock-out‚ Lay-off‚ Retrenchment – Unfair
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Question 1 Explain in which way an agency may be terminated by operation of law. (3marks) Answer: An agency is created by express appointment when the principal appoints the agent by express agreement with agent. This express agreement may be an oral or written agreement between the principal and the agent. There are four factors can cause the termination by operation of law. i. Agency is terminated by frustration In Marshall v Glanvill‚ Glanvill who is a firm of drapers appoints
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Unjust-contract. d. Unilateral-contract. A [easy p. 197] 57. Which of the following are two terms for concept or situation? a. Implied-in-law contract and implied-in-fact contract. b. Implied-in-law contract and quasi-contract. c. Implied-in-fact contract and quasi-contract. d. Unilateral contract and informal contract. e. Formal contract and implied-in-law contract. B [moderate p. 197] 58. Which of the following is needed to impose a quasi-contract? a. A benefit having been conferred and injustice
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Table of Contents 1. Overall Issue Table of Contents 1 Works Cited: 9 1. Overall Issue: The issue here is whether the salesperson or the manufacturer is liable to Peter. In this event‚ Peter’s concern brings us to several factors that we have to consider. With regard to Peter v Salesperson‚ whether there is a formation of a contract. To determine if an offer exists‚ an offer will be differentiated from an invitation to treat. Secondly‚ the offer and acceptance of the last offer will be identified
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BUSINESS LAW ASSIGNMENT MANAGEMENT AND DEVELOPMENT INSTITUTE OF SINGAPORE UNIVERSITY OF BRADFORD DIPLOMA IN BUSINESS MANAGEMENT DBMD21176B BUSINESS LAW ASSIGNMENT GROUP MEMBERS NO NAME FIN NUMBER PM 1. SHIVRAJ PATEL G1099448P 2. DINESH JAGWANI G1096070W 3. ANDREY SAPUTROSUGO G1100087N DATE: ANALYSIS /40 RESEARCH /30 ORGANIZATION /15 PRESENTATION /15 NAME OF LECTURER: Mr. DANIEL THEYAGU BUSINESS LAW ASSIGNMENT CONTRIBUTION TO THE CLASS ASSIGNMENT MADE BY
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Two Types of Employment There are two categories of employment available to people: to be an employee or to be self-employed. These two types of employment are known as a ‘contract of service’ and a ‘contract for service’. Someone under a ‘contract of service’ refers to a person who is‚ for example a person working in a supermarket as a shop assistant is under a ‘contract of service’. In contrast‚ someone under a ‘contract for service’ refers to a person who is self-employed (also known as an ‘independent
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