November." Later that day‚ Buyer mailed Seller a $5000 cheque. The next night‚ at Buyer ’s 18th birthday party‚ Buyer discussed the deal with Investor. After buying the van‚ Buyer planned to start a document courier service‚ and he had spent $1200 on business cards‚ flyers and a cellular phone. Buyer projected a profit of $50‚000 in the first year. Investor was impressed with Buyer ’s plans and agreed to loan Buyer $20‚000 to buy the van. On 25 October‚ Buyer called Seller to pick up the van. Seller
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Business Ethics: Discussion Board 1 Business Ethics: Case Study 1 Liberty University Business Law – BUSI561 Betzaida Aponte Abstract In this brief response to the business ethics case study‚ I will highlight findings that question the integrity of Next Step Herbal Health Company according to Ramona Alexander’s research on the company and her observations of the CEO’s engagement and the recruiter’s response to her raised concerns. There were three major issues I found that were questionable
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AB1301 Business Law 2012/13 Semester 1 TABLE OF CONTENTS CHAPTER 3: OFFER AND ACCEPTANCE ........................................................................................... 1 3.1 Offer ........................................................................................................................................... 2 3.2 Acceptance ................................................................................................................................ 3 3.1 Electronic
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DYJR7EAdvertisements of Bilateral Contracts Are Not Usually Offers Case Coelho Vs The Public Services Commission 1. Brief Facts/ Case Summary The applicant‚ Mr Meredith Coelho was a health inspector under the town Board Tanjung Malim and he applied for the post of Assistant Passport Officer in the Federation of Malaya Government Oversea Missions as advertised in the Malay Mail newspaper dated 1957. The terms and conditions of the selection are as stated below: * Serving Assistant passport
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South Australian company‚ which owns and operates many hotel and restaurants throughout Australia. Italian Cuisine Ltd‚ a food and catering business whose headquarters are in Brisbane‚ supplies goods commonly used by businesses such as Tullula Investments Ltd. On September 1‚ 2000‚ Italian Cuisine Ltd sent a fax to Tullula Investments Ltd‚ which read: "Can offer latest ’Speedy Rice Cookers’ at $100 each." On October 1‚ 2000‚ Tullula Investments Ltd faxed a reply stating: "Will have four dozen. Need
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Business Law 110 Mr. Blackmun Case Study Problem #1 September 16‚ 2009 Case Study: Arbitration The issue pertaining to this case is whether a court can set aside an arbitration award on the basis that it violates public policy‚ subsequent to Mr. Edson being released from his job after being found intoxicated while on duty and being awarded reinstatement by the arbitrators. Exxon Mobile‚ the employer‚ filed a suit claiming that the award contravenes with public policy‚ which opposes intoxicated
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The offer and acceptance model is flawed- only an agreement is necessary. In order to fully comprehend this statement‚ we must first establish what constitutes and offer and what constitutes acceptance. “An offer is a statement by one party of willingness to enter into a contract on stated terms‚ provided that these terms are‚ in turn‚ accepted by the party to whom the offer is addressed”. Acceptance is “…an unqualified expression of ascent to the terms proposed by the offeror”. The “Offer and acceptance
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Offer ( Topic 3) Is a proposal the acceptance of which establishes the existence of an agreement. It shows a promissory intent. In other words‚ it is a promise to do or refrain from doing something. - Usually upon condition that the other party agrees to do or refrain from doing something else in return. - Harvey v. Facey Harvey sent to Facey a telegram to buy Bumper Hall Pen. He asks Facey to telegram the lowest price. Facey telegram the lowest cash price £900. Harvey says agree to
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Unit 2 Case Study: Baker v Osborne Development Corp. Name Kaplan University LS311-01: Business Law Professor Starcher December 13‚ 2012 When Thomas Baker and other homebuyers purchased their properties from Osborne Development Corp.‚ they may not have know that if there were defects on the property they would have to go into arbitration for restitution. From what I understand of the reading‚ Osborne Development Corp. purchased the home warranties after the purchase of
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LEGT 1710 BUSINESS AND THE LAW ASSIGNMENT 2: Semester 2‚ 2013 Length: 2000 words Worth: 20 Marks Due date: Monday 23 September 2013‚ by 5pm (See Course Outline Part A at para 4.4 for Submission Procedure) Winston operates a business‚ painting murals and other art works in offices and other commercial buildings. Over the past two years he has bought paint twice a month from Ron‚ a local paint manufacturer. Recently‚ Winston bought 100 cans of paint from Ron‚ which Winston then put in his storeroom
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