1. What are the four elements of a valid contract? Indeed there are four elements of a contract; A. Agreement B. Consideration C. Contractual capacity D. Lawful object 2. Describe the objective theory of contracts. How does that theory apply to this case? We currently use contract law based on the objective theory of contracts. This states that if an objective third party (the jury) believes the parties intend to form a contract‚ then a contract should be found‚ meaning we prefer to interpret
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Pepsi Co vs. Leonard A valid contract is one that contains all of the essential elements that bind it as a legal agreement. In other words a contract must first consist of an agreement between two or more parties. Secondly‚ it must be supported by legally sufficient consideration. Thirdly the agreement must be between parties with contractual capacity. And finally a valid contract must accomplish a lawful object. With the containment of these four elements valid contracts become enforceable by
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COMPANY BACKGROUND Pepsi is Pvt. Limited Company. It is a franchise of Pepsi cola international. It first came to Pakistan in 1960‚ but they did not do well at that time. So they packed off and went back. In 1969‚ Pepsi came back but still their appearance was not satisfactory in the market so they approached Pakistan beverages to take the franchise for Pepsi. And from that day onwards it took Pakistan beverages a period of 5 years to knock down coke from the No.1 position and in 1985 they
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Bibliography: Human Resource Management - P.Subba Rao Strategic Management‚ concepts and case - Tata McGraw-Hill Strategic Management: Strategic formulation and implementation - John A.PearceII Strategic Management Theory - Charles W.L.Hill and Gareth R.Jones Websites: www.pepsico.com www.google.com www.humanresource.com www.pepsiindia.com
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on their website showing the cycle in which the company operates ("Overview" ).  The company’s website also tells how the brands are over one hundred years old‚ yet the corporation is relatively young ("Overview" ). PepsiCo was formed when Pepsi-Cola and Frito-Lay merged in 1965 ("Overview" ). In 1998‚ Tropicana was added to PepsiCo. ("Overview" ). Followed by that merge was the Quaker Oats Company and Gatorade in 2001 giving the company a sorted variety of beverage lines ("Overview" ). With
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founding fathers didn’t want political parties‚ and they tried to prevent them but then in 1796 the Federalist and Democratic/ Republican parties were formed.(D/R) Three issues the federalist and the D/R disagreed on were foreign policy‚ the powers of the National government vs the state government and tariffs. First issue the Federalist and D/R parties differed on was foreign policy. Foreign policy was interacting with other countries especially Europe. The Federalist wanted the U.S to be active and
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selling in over 190 nations. It has been present in India since 1990 and is involved in business of manufacture & selling of foods & beverages. It has 3 divisions viz * Carbonated beverages division which sells leading CSD brands such as Pepsi ‚ Mirinda ‚ Mountain Dew ‚ Slice ‚ Nimbooz ‚ Twister. * Frito Lay India which sells leading food brands such as Frito Lay ‚ Uncle Chipps ‚ Cheetos ‚ Kurkure & Quaker Oats. * Tropicana beverages which sells the non-carbonated range of healthy
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Responsible and Sustainable Sourcing Guidelines for Supplier Relations Performance with Purpose We are delighted to offer the world’s largest portfolio of billion-dollar food and beverage brands that compete globally and leverage our scale and distribution power. PepsiCo has 18 brands in our portfolio that generate $1 billion or more in annual retail sales. Indra K. Nooyi Chairman and CEO of PepsiCo 2 Responsible Sourcing Guidelines Financial achievement can and must go hand-in-hand with sustainability
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PepsiCo - Procedures Ensuring Ethical Behaviour PepsiCo is committed to ensure the corporate standards accountability for the company actions. This is evident by the many corporate governance standards in place. The processes and policies that are in place include the Amended and Restated Articles of Incorporation‚ By-Laws‚ Compensation Committee Charter‚ Corporate Governance Guidelines‚ Disclosure Committee Charter and the Policy for Audit‚ Audit-Related and Non-Audit Services. The
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Ryan Ricker 12 PEPSI CO Product and Distribution Strategy PepsiCo is a multinational food and beverage company. Operating in over 200 countries‚ it is the second largest company of its kind in the world. It can be systemized into four divisions‚ PepsiCo Americas Foods‚ PepsiCo Americas Beverages‚ PepsiCo Europe and PepsiCo Asia‚ Middle East and Africa. Furthermore PepsiCo is organized into six reportable segments‚ which are‚ Frito-Lay North America‚ Quaker Foods North America‚ Latin America
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