Unit 3 Individual Project-Rights and Obligations Travis Pernell American InterContinental University International Legal and Ethical Issues in Business Instructor Kerri Holloway April 3‚ 2011 Abstract This paper will discuss the four elements that make up a valid contract and the objective theory surrounding contracts. This paper will discuss how the objective theory applies to the Leonard v. Pepsico‚ Inc. case. The paper will also discuss how the court reached its decision to claim that
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What are the 3 forms of business organization‚ and what are the advantages and disadvantages of each form? For a corporation‚ what is the overall goal of the financial manager? Do you agree with this goal? Why or why not? A business organization is defined as an entity created for the purpose of conducting an industrial or commercial enterprise (“Business organization‚” n.d.). The following are the most popular forms of a business organization: Sole Proprietorship (Brooks‚ 2013) Partnership
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Territorial expansion in the United states became a huge issue during the years 1800-1855. There was much debate going on about whether the decisions the government were making about expanding the country were ones made in the people’s interest. There were also issues that arose from the annexation of these territories such as the issue of whether to make the newly gained territory into slave land or to ban the act of slavery in those areas. Many people supported the expansion of the United States
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BUSINESS LAW Course Code: MGBLW 10201 Credit Units: 03 No. of hours : 33 Course Objective: The objective of the course is to acquaint the management students with the basic fundamentals of business related laws and to understand its linkages with other fields of management which have significant bearing on business organization Course Contents: Module I: Companies Act‚ 1956 Meaning‚ definition and characteristics
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Forms and classification of online business According to (Adam‚ Z.R.)‚ the major different types of e-commerce (B2B) Business-to Business‚ (B2C) Business-to-Consumer‚ (B2G) Business-to-Government‚ (C2C) Consumer-to-Consumer and M-commerce which is mobile commerce. Business-to-business is simply e-commerce that is present between two businesses. It is said that it is the fastest growing type of e-commerce‚ much faster than B2C. It is a type of e-commerce wherein two businesses transact with
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Discussion Board Forum 2: Contracts BUSI561 – Legal Issues in Business November 10‚ 2013 Analysis of the Situation Let me begin by assessing the current situation and relationship with Don. Don and I met because of our individual desires to walk with Christ. We developed our friendship that eventually evolved to a business relationship; we are both small business owners. Our business venture started under favorable circumstances consistent with implied duty of faith
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Selecting A Form of Business Ownership Outline Introduction A. The Learning Goals of this chapter are to: 1. Describe the advantages and disadvantages of a sole proprietorship. 2. Describe the advantages and disadvantages of a partnership. 3. Desribe the advantages and disadvantages of a corporation. 4. Explain how the potential return and risk of a business are affected by its form of ownership. 5. Describe methods of owning existing businesses. B. One of the most important decisions
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Business Ethics and Legal Issues by Crystal D. King AIU Online BUSN310 – International Legal and Ethical Issues in Business Unit 4 Individual Project March 6‚ 2011 Abstract Antitrust laws were primarily created to put an end to businesses that got too large from blocking competition and abusing their power. Choices offered to consumers can be limited by mergers and monopolies because smaller businesses are not usually able to compete in the marketplace. Even though free and open competition
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Material Business Forms Worksheet There are seven forms of business: sole proprietorship‚ partnership‚ limited liability partnership‚ limited liability company (including the single member LLC)‚ S Corporation‚ Franchise‚ and Corporation. 1. Research and provide three advantages and three disadvantages for each business form. 2. Provide a 100- to 200-word summary in which you provide an example business that you would start for each form. What is legally necessary to file in order to form that business
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Forms of Small Business Ownership Chapter 8 Three business ownership choices: 1.Sole Proprietorship 2.Partnership 3.Corporation Sole Proprietors hip A business owned and operated by a single person. What are the Advantages of Sole Proprietorship ? Advantages of Sole Proprietorship Ease and Cost of Formation Distribution and Use of Profits Control of the Business Government Regulation Taxation Closing the Business What are the Disadvantages of Sole Proprietorship? Disadvantages
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