“The mere existence of the core elements of offer‚ acceptance‚ and consideration will not guarantee a legally enforceable contract”. Discuss. A contract is an agreement which normally consists of an ’offer ’ and an ’acceptance ’ and involves the ’meeting of the minds ’ or consensus between two or more parties with the intention to create a legally enforceable binding contract. Therefore in this essay‚ the four core elements needed for the formation of a contract such as offer‚ acceptance‚ and
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Q: Identify the different types and different methods of assessment used in teaching. Provide examples of when and why you would use particular methods of assessment (including peer and self) and how they meet the needs of learners. What are the strengths and limitations of each method? Evaluate how you would involve your learners in the assessment process in your specialist area. A: Without realising it‚ a teacher /trainer is involving their learners from the initial meeting‚ when you may use
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Compass Contracts Group (CCG) was founded in 2001 as a woman-owned government services business. In 2003‚ the company grew rapidly from six to well over 350 full-time employees after winning a 5-Year multi-million dollar Department of Defense contract. During the second Gulf War‚ the Secretary of Defense determined that outsourcing stateside administrative functions to contractors who replaced active duty military personnel deployed to combat zones in the Middle East was a good idea. According
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Types and Forms of Business Organization There are millions of successful businesses around the world. One common trait all these businesses is that they have some sort of organization. But “What is Organization?” – it is the first topic I would like to speak. Then I will tell you about “Structure of an Organization”. After that we consider the “Types and Forms of Business Organization” and the variety of “The Names of Companies” (plc‚ Ltd‚ etc.) and‚ finally‚ I will tell some words about “International
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Business key terms Business: an active that requires the organisation of resources to achieve a reward‚ whilst running a risk. Entrepreneur: an individual with an idea for a business. Franchise: the legal right to use the name and logo of an existing firm and sell the same products/services. Franchiser- the person selling it‚ for example‚ Macdonald’s. Franchisee- the person buying it‚ for example asda’s. Social enterprise: an activity that achieves a reward for a society. Aim: A stated
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INTRODUCTION Indian Contract Act 1872 is the main source of law regulating contracts in Indian law‚ as subsequently amended. It determines the circumstances in which promise made by the parties to a contract shall be legally binding on them. All of us enter into a number of contracts everyday knowingly or unknowingly. Each contract creates some right and duties upon the contracting parties. Indian contract deals with the enforcement of these rights and duties upon the parties. The Indian Contract Act 1872
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BUSINESS CONDUCTING AGREEMENT ------------------------------------------------------- This Business Conducting Agreement made on this ___ day of ________ 2009. BETWEEN Mr/Mrs ________________________________________________ hereinafter jointly referred to as the Owners (which expression shall‚ unless it be repugnant to the context or meaning thereof‚ be deemed to mean and include its successors and assigns) on the FIRST PART AND M/S. ___________________________ a Partnership firm incorporated
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America contains a variety of types of people‚ from different races‚ religions‚ cultural practices‚ and levels of American patriotism. These Americans can be anywhere in the world searching for success by studying abroad‚ traveling for their work‚ or just spending time exploring in another country. Also‚ people who are staying in America are not always Americans‚ because the same concept applies when taking about non-Americans. Most Americans contain the passion to obtain knowledge and earn their
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constitutional principles that are not collected in a document such as the laws passed by parliament and court decisions. Malaysia possesses a written legal document that has been developed based on the two previous documents‚ namely the Federation of Malaya Agreement 1948 and the 1957 Independence Constitution. Constitution of Malaysia‚ known as the Federal Constitution contains 183 items‚ is the supreme law in Malaysia. Constitution of Malaysia also consists of 15 sections and 13 tables. Malaysian constitution
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Business 1050 Fall 2012 What Does Capitalism Mean in Business? Capitalism can be defined as the “ideal” economic environment for business as it benefits society in many ways. Some of these are freedom‚ productivity‚ ingenuity and equality. Capitalism also relies on basic instinct‚ is constitutionally sound‚ and stimulates economic growth. I make an important distinction between “ideal capitalism‚” a term used by Karl Marks and others as an endorsement of communism and modern day capitalism
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