Table of Contents Negative Messages Don’t Have to Mean Conflict A common misconception most people have is that a negative message and a conflict are the same thing. This is not always true. Delivering negative messages is an unavoidable task while conflict can be avoided. Conflict can be a result of a negative message‚ if the message is not conveyed in the appropriate manner. According to Exforsys Inc. “negative messages don’t have to be considered bad. Negative messages‚ if expressed
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1 . “The fundamental attribute of corporate personality is that company is a legal entity distinct from the members.”Elucidate the statement .Also specify the important features of a company. 2 . Discuss the essential elements of a valid contract. 4 . What are the characteristics of negotiable Instrument? Discuss the ‘privileges’ of holder in due course as per the provisions of the Negotiable Instruments Act‚ 1881? Also state the important amendment to be incorporated under sec 138 of the
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Chapter 4 Legal Liability for auditors 4-1. Understand litigious environment‚ which CPAs practice According to Google dictionary‚ litigious environment means a controversial environment. Where a simple mishaps can end up in a heavy lawsuit. Under common law‚ audit professionals have the responsibility to their client to fulfill their agreed on contracts. However‚ if one audit fails to fulfill their contract‚ not only they have to take responsibility to their clients but in some circumstances
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What legal issue(s) does this cases illustrate (i.e. why is this case in the chapter)? Consideration is the primary legal issue for this case. One of the basic elements of consideration is legal sufficiency. The promisor‚ Pearsall‚ had legal benefit. 4. List ALL of the elements the plaintiff must prove to win the case as stated in the court opinion or textbook. For example
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claimant is guilty. Therefore this case has low rate of factors which are lacking. 3. If you have the power to be judge‚ how would you resolve it? * If I have the chance to be the judge I will make sure that the both parties argue in terms of legal and proper way and not fighting. Then I will give judgment based on all the witnesses and evidence after a small analysis between both parties’ arguments. At the same time I will make sure that my judgments are fair to both parties. 4. Do
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Key Terms in Strategic Management Competitive Advantage * Anything that a firm does especially well compared to rival firms. * A firm must strive to achieve competitive advantage by: 1) Continually adapting to changes in external trends and events and internal capabilities‚ competencies and resources. 2) Effectively formulating‚ implementing and evaluating strategies that capitalize on those factors. Strategists * Usually found in high levels of management (CEO)
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HUTECH & OUM MBAOUM0512 INTAKE : MAY 2012 – OCTOBER SEMESTER 2012 STUDENT NAME: CHU THI HONG TUYEN ID No.: 2448481 BMLW5103 – BUSINESS LAW ASSIGNMENT Question 1 Discuss the enforceability of an agreement which lacks consideration. Using legal authorities (relevant statutes and cases) to support your discussion. Answer: A valid contract is an agreement made between two or more parties that creates rights and obligations that are enforced by law. What does the consideration mean? And what does it
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Bank and Trust to see if he could get a long term loan for the S.B.H Farms. He talked to a loan officer about getting a long-term loan for building hog houses‚ buying livestock‚ and for expanding the farm operations. The McIlory Bank and Trust agreed to loan him $175‚000.00 on short term promissory notes which all the owners of S.B.H. Farms had to sign. While all the owners of S.B.H. Farms were at the bank‚ they had an oral discussion about the long-term loans for the farm. With no set amount‚ no interest
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belongs. Individualism is the culture belief that the person comes first. It includes high degree of self-respect and independence. They often put their own career interests before the good of their organizations‚ and they tend to assess decisions in terms of how those decisions affect them as individuals. Collectivism is the belief that the group comes first. People are expected to put the good of the group ahead of their own personal welfare‚ interest or success. Power Respect versus Power Tolerance
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Board Act 2003 (amended 2007) the Civil Liability and Courts Act 2004 and more recently The Civil Law (Miscellaneous Provisions) Act 2011. Its duty is to asses all claims for personal injury as an independent statutory body and “without the need for legal proceedings”1. Its purpose is to streamline what was previously a lengthy and costly process and reduce the length of time taken to receive compensation. If we look at the statics in the annual report we see that in 2011 the total yearly charge for
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