- Question 1 1. Discuss what is meant by ‘unconscionable conduct’. Explain how unconscionable conduct might affect the validity of a contract. In your answer‚ you should include a discussion of any relevant statute law and at least one relevant case. Unconscionable conduct is a broad concept in contract law that involves several doctrines and can be understood at different levels of breath. It is generally referred to as ‘conduct which is wholly unreasonable and is not guided or restrained
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åHOME|MAIN | | Banks and Unethical Practices | Almost every business concern is involved in unethical practices in one way or the other and so are the banks in Pakistan. The primary source of information on this subject amongst other sources are publications of SBP and annual reports of Pakistan Banking Mohtasib which was established in 2005 to resolve banker-customer disputes and since then it has effectively contributed towards improvement in banking sector.Banks in Pakistan are involved
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response to each of the following questions: • Was there anything in either the University Of Phoenix Student Code Of Conduct or the Student Code of Academic Integrity that surprised you? If so‚ what was it? Why were you surprised? If not‚ why not? When reading the Student Code of Conduct I don’t think anything really surprised me. I feel as an adult everyone should be able to conduct themselves as one. We as students pay our money and should be able to come to school in a decent learning environment
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Unethical advertising Advertising in the 21st century has become more competitive and aggressive toward children. They are being inundated by advertising at a very young age through television‚ radio‚ internet‚ and teen magazines. Children are vulnerable marketing targets: easy to manipulate and posse the power of persuasion over parents. They take things literally and can’t discriminate between the real and imaginary features of products. Companies are exploiting children as consumers which
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Ethical conduct on the part of a business is essential to its long-term survival. Ethical conduct is involved in the whole level of a business from one person to the whole industry. Ethical behavior is significant for long-term operations of business entities. Therefore‚ ethical conduct is beneficial to the consolidation of the business reputation‚ the sound development of management system and attraction of honest employees. Business reputation is built on the basis of trust‚ and the trust
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root of an ethical company culture cannot be faked or taught‚ but it can be contagious and inspiring. As Jill Young of South University’s School of Business explains‚ "If you act with integrity‚ ethical behavior is just a natural progression." Customer Service The values that shape an ethical company culture influence the relationships that a business maintains with its customers. An ethical company will train employees to treat customers with dignity and respect‚ and to be fair and honest with them
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Values are basic convictions about what is right and wrong. Usually values would influence the attitudes and behaviors of business person for their decisions making. Values on the part of business are Operating philosophies or principles that guide an organization’s internal conduct as well as its relationship with the external world. Whereas attitudes are predisposition or a tendency to respond positively or negatively towards a certain idea‚ object‚ person‚ or situation. Attitude influences
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different countries for example‚ GATT or EU etc. (Stockdale & Crosby‚ 2004) What happened is that the various roles that the host governments of different countries like China‚ Vietnam or Indonesia played in this particular global business’s operations were that they turned a blind eye towards the poor working conditions of the manufacturing plants. Another role that these governments played was that they did not do anything about the very low wages of the workers for example‚ in Vietnam the workers
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opening outlets in England‚ Mexico and Jamaica by the mid-1960s. Throughout the 1970s and 1980s‚ KFC experienced mixed fortunes domestically‚ as it went through a series of changes in corporate ownership with little or no experience in the restaurant business. In the early 1970s‚ KFC was sold to the spirits distributor Heinlein‚ who was taken over by the Reynolds food and tobacco conglomerate‚ who sold the chain to PepsiCo. The chain continued to expand overseas however‚ and in 1987 KFC became the first
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Wal-Mart: Ethical or Unethical? Almost everyone living in North America undoubtedly knows what Wal-Mart is and has already conceived some sort of opinion‚ whether it is good or bad. On one hand people complain that they are ruining competition‚ they are treating their employees’ terribly or that they are given extreme unfair advantages that no other company receives. However‚ on the other spectrum there are those that believe in the free market‚ as well as those that say Wal-Mart is cutting down
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