Considerations to take include contracts‚ local law‚ and local customs and culture. Steps may be taken to minimize risks in international business agreements as well. The first consideration that needs to be made when considering legal action against a business based in another country is contractual agreements. Review of what agreements the two parties have made through an agreed contract should take place. In reviewing the contract notice if a choice of law clause or a forum selection clause is present
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becomes insolvent what are the duties for directors in order to save unsecured creditors. We will also find out how directors become liable for their action in regard to insolvent trading and if they breach any law for insolvent trading what are the consequences they have to suffer and also law has given some defences for insolvent trading for directors in order to avoid penalty. S9 defines a director of a company- a person who is appointed to the position of a director or alternate director regardless
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Question 1 of 4: | | | Interview an entrepreneur. This entrepreneur could be one who was able to raise finance for the venture or one who was unable to raise finance for the venture. Write a paper summarizing: a) The various efforts put in by the entrepreneur in raising the funds b) The entrepreneur’s experience of the process of raising finance c) An analysis of the factors that made the investor or financial institution invest or not invest in the venture | | Question 2 of 4: | | |
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Blue Ocean Strategy MKT 421 Name Date Instructor Blue Ocean Strategy Description and Significance According to Cham Kim and Renee Mauborgne (2004)‚ the Blue Ocean strategy involves the description of how the organization should try and proceed to find some way to work in the marketplace that is not bloodied by the competition and also that is free of competitors. The strategy is against working in conditions such as Red Ocean‚ where businesses are ferociously fighting each other for some share
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The Function and Role of Law in Business and Society LAW 421 Name Date Instructor The Function and Role of Law in Business and Society Law is the defined as the body of rules of action or conduct prescribed by controlling authority‚ and having legal binding force. In simplified terms Law is the body of rules‚ or regulations‚ that create duties and rights within a widely accepted viewpoint within society. Everyone will not always agree to what is right and
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International Issues Aimee Head LAW/421 September 9‚ 2013 Kathryn Harris Abstract No two countries have the same political and legal system. Each country has its own laws and regulations on business and products. When doing business in another country it is important to know the laws and abide by them. Culture plays a huge part in a business’s success when venturing into a foreign market. Being sensitive to the cultural and religious beliefs in that country is important to a business’s long
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employee turnover rate of 10%. Traci: All right. That should be all the information we need right now to come up with some recommendations for you. We’ll get them over to you within the next week or two. Bradley: That sounds great! Traci: OK‚ have a great week. Bradley: You too. It’s Traci again. This week‚ I need you to develop a performance management framework to recommend to the client. You’ll need to make sure you address the following: • Alignment of the performance management framework
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Week Five Team Reflection ACC 421 2014 Team B Week Five Reflection This week learning team “B” has discussed the concept of time value of money. One will be able to understand the importance of time value of money‚ the different ways to compute interest‚ information about present value and future value‚ and the how time value relates to accounting. Importance of Time Value of Money Time value of money deals with the relationship between money and time (Kieso‚ Weygandt
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Case Scenario: Big Time Toymaker LAW/421 Case Scenario: Big Time Toymaker At what point‚ if ever‚ did the parties have a contract? Chou and BTT reach the point of having a contract when they agree to all terms. In the email send by BTT covering the obligations of the parties and the terms of the agreement‚ BTT showed objective intent. According to Melvin‚” Objective intent Requirement for an offer to have legal effect necessitating that generally‚ the offer or must have a serious intention to become
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Unit 5 Practice Test 1. All contracts involving interests in land must be in writing to be enforceable –T 2. A contract that by its own terms cannot be performed within a year must be in writing to be enforceable -T 3. All promises must be in writing to be enforceable -F 4. There are no exceptions to the Statute of Frauds -F 5. The rights under a contract for personal service normally can be assigned - F 6. A contract that contains a clause prohibiting its assignment will usually prevent it from
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