Constitutional Law - The term constitution comes from the Latin word constitutio‚ used for regulations and orders. Constitutional law is also referred to as “supreme law or “highest law of the land”. This is because it is the foundation of a state wherein it comprises primary law and fundamental principles which defines the relationship of the three important branches within a state‚ namely‚ the executive‚ the legislature and the judiciary. This law also illustrates the scope and limitations of the
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Business Scenarios and Case Problems 9-1. Contracts by Minors…Discuss Kalen’s liability in this situation. Kalen is a seventeen year old boy who rented an apartment for $500 a month‚ after consistently paying for rent for 4 months‚ he decides to return the key and not pay rent for the rest of the remaining months on the contract. I would think that this is classified as “disaffirmance”. Since he is seventeen‚ and a minor when he leaves the apartment‚ he is able to legally avoid his contractual obligation
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Assume that the cost of storing gold is zero and that gold provides no income. 2. On September 12‚ 2006‚ an investor owns 100 Intel shares. As indicated in the table below‚ the share price is $19.56 and January put option with a strike price of $17.50 costs $0.475. The investor is comparing two alternatives to limit downside risk. The first is to buy 1 January put option contract with a strike price of $17.50. The second involves instructing a broker to sell the 100 shares as soon as Intel’s
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TEAM CONTRACT - Group 7 I. Team Goal: Include a comment on each of the elements of SMART Specific – what‚ why‚ who‚ where and which in terms of the goal? ü We expect our team to become a cohesive and cooperative group by the end of the term. It will need devoted dedication from each member. It is critical to our success on overall performances because good teamwork allows us to work effectively and efficiently. The specific goal related to Mike’s Bick is to triple the shareholder’s value by
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CONTRACT & AGENCY LAW END-OF-COURSE ASSESSMENT JULY 2012 PRESENTATION Submission Date : 08 Sept 2012 Question 1: Legal issues: As there are different parts to “Clause 8” in the employment contract which Julia as an employee has signed with Calypso Private Limited‚ we shall examine four separate legal issues. The first legal issue is whether Calypso is able to enforce part (a) of Clause 8 which states that Julia shall not be directly or indirectly
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HRM and Employment Relationships Employment Relationship Employment Relationship can economical‚ social and political relationship in which employees provide manual and mental labour in exchange for reward from employers (Gospel and Palmer 1993) There are 4 Dimensions within the employment relationship * Economic exchange – Wage-effort bargain * Socio-political - Power * Legal/Contractual * Psychological contract/social exchange Contract of employment is formed when an offer
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Law of Agency – the Contracts Act 1950 Great Northern Railway Co v Swaffield states that where impossible to get principal’s instructions‚ the agent’s action is necessary to prevent loss and the agent has acted in good faith‚ an agency of necessity arises. The Contracts Act 1950 states that an agent has to obey principal’s instructions. The Contracts Act 1950 states that an agent has to be careful‚ diligent and use any skill that he may
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EMPLOYMENT DISCRIMINATION TABLE OF CONTENTS CHAPTER 2: DEFINNING & PROVING DISCRIMINATION 3 I. Intentional Discrimination Against the Individual: Disparate Treatment (Pg. 58) 3 A. The Conceptual Framework (Pg. 58): 3 Texas Dept. of Community Affairs v. Burdine 3 St. Mary’s Honor Center v. Hicks 4 Foster v. Dalton 5 Reeves v. Sanderson Plumbing Products 5 B. Proof of Causation (Pg. 107): 6 Price Waterhouse v. Hopkins 6 Desert Palace Inc
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How to Do Well on a Job Interview by Glenda Davis 1 Ask a random selection of people for a listing of their least favorite activities‚ and right up there with “getting my teeth drilled” is likely to be “going to a job interview.” The job interview is often regarded as a confusing‚ humiliating‚ and nerve-racking experience. First of all‚ you have to wait for your appointment in an outer room‚ often trapped there with other people applying for the same job. You sit nervously‚ trying not to think
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Demand conditions The structure of demand may affect the competitiveness of firms in the international market by providing an impetus for domestic firms to produce high quality ‚well designed ‚reliable goods ‚relative to those supplied by their foreign competitors assuming that such an emphasis on product consistency or differentiation ‚ rather than a cost reducing. One of the most effective strategies for firms is to pursue to what content is likely to be affected‚ by such demand conditions. “A
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