Safan Nizar Ali Dauva Professor Kurt S. Odenwald Business Law and Ethics February 17‚ 2011 Week 6 Assignment Chapter 23 Question no.5 Answer: No. CP Clare did not seek to improve the deal to take advantage of IRI’s sunk costs; rather it sought to enforce the bargain. And it did not take unexpected action against which IRI could not have defended. That a manufacturer will want to reassess its sales structure as volume grows must be understood by everyone--especially by a professional sales
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transition to a post oil economy easier. 2. Raises Revenue. The revenue raised from carbon tax could be used to subsidize alternatives such as green electricity or the revenue raised could be used to repair the damage caused by environmental pollution. 3. Leads to a socially efficient outcome. It makes people pay the social cost and overcomes the excess consumption. Demerits Production may shift to countries with no or lower carbon taxes. (so called ‘pollution havens’) The cost of administrating
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1. What are the four elements of a valid contract? A contract is an "agreement between parties‚ with terms and conditions that describe the agreement that constitutes a legal obligation" (All Business). A valid contract requires four elements and these are: a. Mutual agreement there must be a meeting of the minds between parties. There should be an offer and an acceptance. There should be an agreement to enter into the contract b. Consideration - meaning that "every party is conferring a
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Business law | CASE STUDY ONSESAMWARE | | | | | SUBMITTED BY:Randeep SinghVarinder GillLovedeep Singh | CASE STUDY History Sesamware is a Japanese software company which is very popular for open source software. Sesamware got international approval with an online multiplayer fantasy dimension game‚ Para World in mid-1990. Para world was very popular in the world between 2001 and 2004. Firstly‚ it was installed as part of the bundle downloaded by hundreds of millions of gamers around the
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type of book you need varies by the subject you are working with. Nevertheless the internet is a very different matter; a way that the origin can be determined is by the extension of the website. For example‚ if it’s educational it will be .edu; business can be .org‚ etc. By determining the extension I can make sure that I am working on a webpage that can support me with the right information. On the other hand‚ I also need to assure that the source is relevant to the topic; I can do so by verifying
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allow for more than one supervisor and greatly support teamwork among those within the organization. Matrix organizational structures are ideal for larger organizations‚ which is a great advantage given our significant increase in both staff and business. Following a matrix structure would allow the organization to double in size without losing the significance of the goals set forth. A disadvantage of matrix organizational structure‚ as with large organizations is often inevitable‚ is the ability
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UNIVERSITI TUNKU ABDUL RAHMAN ACADEMIC YEAR 2005/2006 DECEMBER EXAMINATION UBML1053 BUSINESS LAW THURSDAY‚ 15 DECEMBER 2005 TIME: 2.00PM – 4.00PM (2 HOURS) BACHELOR OF COMMERCE (HONS) ACCOUNTING YEAR ONE Instructions to Candidates: Section A : [Total: 40 marks] 1. This section consist of ONE (1) compulsory question 2. Answer ALL the sub-questions. Section B : [Total: 60 marks] 3. This section consists of THREE (3) questions. 4. Answer only TWO (2) questions. 5. No marks will be given for any extra
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Individual Exercise 3 (10 points) 1. A shoe manufacturer’s data show that the distribution of shoe size is normal with a mean of 11inches and SD 1.5 inches. * A manger of the company claims that 70% of the times shoe size will be between 8 and 12 inches. What do you think? In your deliverables‚ write a few lines about what you think of the manager’s claim and what would you advise him to do. (1 point) * How would you modify the manager’s claim if the distribution of shoe size was not
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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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Analysis of Business Specialties GEN 480 October 18‚ 2010 Analysis of Business Specialties In this part of the assignment the members of Team B define the specific consulting firm they will create. They find a name for the company‚ provide a brief description of the firm’s activities‚ discuss the services the company will offer to clients‚ and explain the types of problems and issues the firm will address. The team also includes a statement about why the company is suited to the skills
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