"Business Law" Essays and Research Papers

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Business Law

B Bai 1 : Business Law: 40. Principle of Law: In this case, Esposito hired Excel Construction Company to repair a porch roof. All terms of the agreement were specified in a written contract. And the dispute occurred when Excel had repaired the rear porch roof because in the agreement failed to specify whether it was the front or rear porch that needed repair. Under civil law, two parties here had signed a civil contract in writing. Because the contract failed to specify clearly front or rear...

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Business law

MALAYSIA SABAH KAMPUS ANTARABANGSA LABUAN BUSINESS LAW ASSIGNMENT Date of submission: 4th of April Lecturer: Madam Yanti Ahmad Shafiee Name of Course: Business Law (GT01103) 2. Describe the Malaysian legal system. Give your opinion as to its role in assisting Malaysian government in running the country. As an introduction, Law is a system of rules and guidelines which are enforced through social institutions to govern behavior. The aim of law is to attain justice and to encourage...

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particular acts or omission for which his dismissal is sought, and a subsequent notice which informs the employee of the employer's decision to dismiss him. In the case at hand, clearly the complainant was not given procedural due process accorded by law because he was simply verbally fired from his employment. It is also follows that the basic principle in cases concerning termination rests the burden of proof on the employer to show that the dismissal was of just and valid causes, failure to do so...

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Entrepreneurship Feasibility Study: Fun Bus

Entrepreneurship Feasibility Study – Business Name: Fun Bus A vast amount of baby boomers are retiring with a lot of discretionary income which makes them a magnificent market to target. Thus, a business that targets transportation to entertainment venues provides convenience and entertainment to their lives. Furthermore, with today’s sky rocketing gas prices everyone would prefer to have a ride to places we go. It is my recommendation that I get funding for the “Fun Bus” which will be...

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Family Medical Leave Act

employer is not required by law to pay the employee for the rest of the time the employee is on the FMLA leave of absence. However, it is unlawful under the FMLA for an employer to deny an entitled employee an FMLA leave or to discriminate against or discharge an employee for exercising his rights under the FMLA (). Pursuant to the FMLA, an employee who takes this leave is protected from being terminated, demoted or punished for his/her leave provided that the requirements of the law is complied by the employee...

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Week 1 Quiz

explain why a business might choose to organize as a corporation rather than as a sole proprietorship or a partnership? (Points : 6) | A. Corporations generally face fewer regulations. B. Corporations generally face lower taxes. C. Corporations generally find it easier to raise capital. D. Corporations enjoy unlimited liability. E. Statements C and D are correct. | 3. Which of the following statements is true? (Points : 6) | One of the benefits of incorporating your business is that you...

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Legt2741 Week 4

Week 4 Tutorial - Types of Business Associations Partnership Complexity The process of establishing a partnership is informal and inexpensive. Commonly established under a written contract but at times can be established simply without any express oral or written consent, so long as it satisfies the definition outlined in section 1.1 of the partnership act: “Partnership is the relation which exists between persons carrying on a business in common with a view of profit” Advantage(A) Enjoys...

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Managerial Accounting: Assignment

maintain the business, not to mention the difficulty of paying the deceased partner’s estate for her partnership. What would you advise them to do? Activity (20 Marks) Find two local business in your area that are different such as restaurant, a retailer, a construction company, a professional office (dentist, doctor etc.) and find the answers to the following questions. a. Name of the both organization and their business. b. How many owners c. What form of organization do you use in your business? d. What...

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Danone Case

opportunity for both sides to ignore certain aspects of this contract for the good of the own company. I certainly do not think that there was any cycle of increasing dependency between Danone and Wahaha, because both firms have tried to do their own business, not involving each other. This is what caused most of the conflict in the first place. Was there a learning asymmetry in the joint ventures? Yes, I believe that, after Wahaha cooperated with Danone, it was able to absorb some of Danone’s knowledge...

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Finance: Corporation and Intrinsic Value

However, the CEO would prefer that the market price be high, since it is the current price that he will receive when exercising his stock options. Question# 1-8: What are the four forms of business organization? What are the advantages and dis-advantages of each? Answer: The four forms of business organization are sole proprietorships, partnerships, corporations, and limited liability corporations and partnerships. The advantages of Sole Proprietorships and Partnerships are the ease and low...

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