Introduction Ethanol most commonly which is produced through the fermentation of glucose by yeast cells. Fermentation is an energy-yielding process that cells carry out in the absence of oxygen. Although fermentation does not provide much usable energy for the cell‚ it is sufficient for yeast cells. Yeast cells produce ethanol and CO 2 as byproducts‚ and the ethanol produced valuable energy source. There is much interest in ethanol as an energy alternative which are nonrenewable and contribute significantly
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Business Law & Bankruptcy Assignment #4 Aquaman is president of a marine research company called Underwater Leagues‚ Inc. When his company conceived a dramatic new invention‚ he held off announcing the discovery until he bought 50‚000 shares of Underwater Leagues at $10 per share. After the announcement‚ the share price skyrocketed to $50 per share. The shareholders of Underwater Leagues‚ Inc. bring a derivative action suit against Aquaman claiming breach of fiduciary duty for violating 17 C.F.R
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Sacketts paid the arrearages‚ moved into the house‚ and continued to live there. Fifteen years later‚ Robert Briggs filed an action to void the oral contract as in violation of the Statute of Frauds and evict the Sacketts from the house. Who wins? Briggs v. Sackett‚ 275 Pa. Super. 13‚ 418 A.2d 586‚ Web 1980 Pa.Super. Lexis 2034 (Superior Court of Pennsylvania). Facts The Briggs purchased a home at 167 Orchard Drive in Levittown‚ Pennsylvania. Six years later the Briggs were three months behind on the
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thefreedictionary.com. The duties are a series of common law‚ statutory‚ and equitable obligations. The duties are analogous to duties owed by trustees to beneficiaries‚ and by agents to principals. Directors owe duties to the corporation‚ and not to individual shareholders‚ employees or creditors outside exceptional circumstances. The duties of a director are divided in two sections‚ the common law duties and the statutory duties of directorship. Common law duties; Duty of Good Faith The most general obligation
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Shapley | Civil Law v. Criminal Law | Introduction to Criminal Law | Joanna Solis 3/2/2012 | Only a few people actually know “the law”. Others think that the criminal justice system is a body that only has one set of rules and laws and all act the same. Not to mention that because of television they think that every case is tried at criminal court with a judge and a panel of jurors. However that is not the case because there’s two specifically types of law‚ civil and criminal law. Though both
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CH. 18 – Introduction to Sales 1. What is a merchant under UCC Article 2? 252 A merchant is someone who routinely deals in the particular goods involved. The UCC frequently holds a merchant to a higher standard of conduct than a non-merchant. 2. What are the rules for different terms under Sec. 2-207? 256 If there is no clear oral agreement‚ the Code supplies its own terms‚ called gap fillers‚ which cover prices‚ delivery dates and places‚ warranties‚ etc. 3. What situations are covered by
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Curtin Business School School of Business Law and Taxation Unit Outline 11011 Business Law 100 Semester 1‚ 2013 Unit study package number: Mode of study: Tuition pattern summary: Credit Value: Pre-requisite units: Co-requisite units: Anti-requisite units: Result type: Approved incidental fees: Unit coordinator: 11011 Internal Seminar: 1 x 3 Hours Weekly This unit does not have a fieldwork component. 25.0 Nil Nil Nil Grade/Mark Information about approved incidental fees can be obtained from our
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Question 1 The issue of this question is whether Scott and Kyle can bring legal action against Wayne for what they feel is a breach of contract. Under the law governing offer and acceptance‚ a valid offer has been made through an advertisement. In order for an offer to be accepted‚ the party must entirely accept the offer. The rules governing acceptance has to be positive not passive. Silence does not forms acceptance. The general rule of acceptance is that the acceptance must be received by
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you sue him? If so‚ why? If not‚ why not? She would be unable to sue him as this is a social agreement which is unenforceable by law. Neither party has entered into a legally binding contract. Should you chose to break such an agreement‚ the consequences will be no more serious than upsetting or dissappointing your friends. This is similar to the case of Spellman v Spellman‚ in which a husband purchased a new car and told his wife that it was for her in an attempt to save their Marriage. The marriage
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agreement. However‚ after returning home more than one year ago‚ Anthony refused to keep his promise‚ so his wife wants to get advice to get the house. Therefore‚ relating to the above scenario is the case of “letter of comfort”. Kleinwort Benson Ltd v Malaysia Mining Corpn Bhd (1989). In this case‚ the plaintiff wants the defendant gave a guarantee to them‚ because they had doubts about the subsidiary’s financial position. However‚ the defendant did not want to give the guarantee instead of giving
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