BTEC National Business Unit 21: Aspect of contract and business law Assignment 1: The requirements for a valid contract P1: Identify the legal criteria for offer and acceptance in a valid contract. In order for a contract to be legally binding‚ both parties must make an offer and an acceptance of that offer. An offer‚ by law it is generally presumed that in a commercial transaction‚ the contracting parties must have the intention to create a legally binding contract. This means that if they
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Southwest’s big concern is expansion. This decision has several components. First Southwest must meet the current and forecasted demand‚ find facilities‚ ensure entry into the market is in a timely manner‚ and keep their strategy. Southwest also need to decide which cites has the greatest opportunity to profit from‚ determine ample routes that could be added to increase service. The other threat comes from the competitors. Many of the airlines in America not only operate domestic flights but also international
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Recommendations to Management Problem: Increase marketing of Chiropractic Services. My aim is to bring strategies that will increase the profitability of your practice‚ while at the same time improving patient satisfaction and results. In the process of achieving these aims‚ I also seek to improve the public’s image of chiropractic care. First Recommendation: To increase profits and public awareness. Rational: Increasing profit is the main goal in any business. To help you increase profits
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The jewelry store sued Software Inc. for the value of the ring The jewelry store cannot recover from Software. Respondeat Superior is A legal doctrine‚ most commonly used in tort‚ that holds an employer or principal legally responsible for the wrongful acts of an employee or agent‚ if such acts occur within the scope of the employment or agency. Here C went to the mall to buy a present for his wife‚ not on the business of Soft. Will Software Inc. be liable to the owners of Jimmy’s Bar? What
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Guillermo Furniture Store Recommendation Resource: The Guillermo Furniture Store Scenario Write a paper with at least 1‚500 words that analyzes Guillermo’s alternatives. Introduction: Broker alternative justify your recommendation by discussing the financial and business advantages and disadvantages of your solution versus the alternatives. For the alternative selected‚ create a cash flow budget for the next 10 years. A template with assumptions will be provided by your instructor
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Recommendation Report OVERVIEW A recommendation report proposes a solution to a problem or evaluates possible solutions and recommends one. Before proposing or recommending a solution‚ the report needs to identify the problem.Think about the various problems you encounter everyday or read about in the paper. EXAMPLE: A HEALTH CARE/ECONOMIC PROBLEM For instance‚ Congress is trying to figure out how to control the ever-increasing cost of Medicare/Medicaid. The problem seems to be that if we don’t
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who are in final year students‚ we decide to give a well brand of perfumes during the launch of ‘Anjung Kejora’ that are just around the corner. We estimate that the budget to buy these gifts for ten students are RM 3OOO and we had identified the types of fragrances they prefer. Since they are from the different gender‚ we are looking for bisex perfumes that involve the Chanel and Hugo Boss brand. 1.2 Purpose We are hoping that these gifts will make them feel happy and they will remember
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SUMMARY OF CONCLUSIONS AND RECOMMENDATIONS ________________________________________________________________________________________________________________________________________________________________ Housing is widely acknowledged as a human right. At the same time‚ it is a major driving force of the economy and often an individual’s biggest asset. The situation within the housing sector is of high significance for a society’s social and economic development and there is a need to openly recognize
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four elements to a valid contract. 1. At least two separate parties entering into an agreement: The agreement can be between two people‚ or one person and a company or between two companies. 2. The parties are qualified to agree to the terms and conditions in the contract: The parties must be of legal age and have an understanding of what the contract is and details it outlines. 3. Both parties are receiving consideration or value from the agreement: This is most commonly money in exchange
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Recommendation Brief for an Internal Accountant A client has an out-of-control system. A recommendation has been made to hire an internal accountant. Write a recommendation brief of no more than 700 words for the client‚ justifying the benefits of using an internal auditor. Conclude your recommendation by referring a person for the job based on their background. Explain how the background benefits the client. ACC 544 Recommendation Brief for an Internal Accountant The current company
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