For a new or proposed business, the selection of a suitable form of ownership business organisation is generally governed by the following factors! The selection of a suitable form of ownership organisation is an important entrepreneurial decision because it influences the success and growth of a business — e.g., it determines the decision of profits, the risk associated with business, and so on. As discussed earlier, the different forms of private ownership organisation differ from each other in
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Below is the list of questions you should work together to answer in this thread. Feel free to come up with more to answer together if you need them. 1. Can Big Bank’s president rescind the contract? Under what circumstances can a contract be rescinded by either party? What facts have to be alleged and proven? What is the result of a contract that is rescinded? 2. Big Bank’s president also threatens legal action. What potential causes of action could you foresee him bringing in court? Would
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State of Confusion Nishman N. Huffman III Bus/415 Business Law July 25, 2011 Kathryn Harris In this day in age, new business is always looking for a way to make a fast dollar. There is an old saying of “he who has the gold makes the rules”! In this particular case the state of Confusion has found a way to make money. Now to give more background on this particular situation, the state of Confusion has set a law in place that requires all trucks that are towing trailers use a special type of
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Name: Dinesh Jagwani Batch: BAFD2 1321A Module: Ethics in Business Studies Course: B.S.C. (Hons) in Accounting and Finance Lecturer: Mr. Daniel Chew UOB No: 12035285 Topic: Producing toys- Child’s Play? Producing Toy’s – Child’s Play? Deontological ethics are concerned with what people do and not with the consequences of their actions. It teaches some actions might be correct or wrong because of their nature, and it is the duty of the people to act accordingly, regardless of the consequences
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Cautions 6. References Book Bunker E-Commerce Plan for accepting e-Payments I am glad to help you with the process to set up a shopping cart for your new e-commerce website. I am glad that things are going so well since we set up your website and that business is growing for you. According to what you told me, you believe that you may be losing sales since the customers currently have to call you at your brick and mortar store, and make a payment over the phone. I agree that this is not optimal
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exams - can argue from two different angles, but WRITE FROM THE POSITION/PERSPECTIVE REQUIRED - OPEN BOOK - bigger topics on diplomatic immunity, human rights situations, sanctions, mixed situations --> CREATIVE ANSWERS Modern Foreign Relations Law and Diplomacy SAMPLE EXAM Question 1 20 points Mr. and Mrs. Egleen Wasterdeen, the ambassador of Westland in Eastland and his wife, hire Happy Face, Inc. to cater their daughter’s wedding reception. Emily, their daughter, is getting married to the older
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Business I. The essential elements of a contract and the applicable remedies in the event of a breach. Four Essential Elements of a Contract An agreement must contain four essential elements to be regarded as a contract. If any one of them is missing, the agreement will not be legally binding. a. Offer There must be a definite, clearly stated offer to do something. For example: A quotation by sub-contractor to the main contractor and an offer to lease. An offer does not include ball park
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affects a business operating internationally I am going to discuss how the environment and culture of India and China affect businesses operating internationally. I am going to use Tesco as an example. Environment: Both India and China have been named as countries with the highest expected growth in the next 50 years. India population – 1.1 billion, 1.3 billion. India is democratic, China is communist. (Businesses in India have freedom of speech and the way they operate their business while business
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Homework Assignment for Week 1: Each week you will have a set of homework problems to complete. They are due by the following Sunday night at 11:55 pm, central time. For Week 1, please turn in the answers to the following questions: 1. Describe the field of finance. How is it different from the field of accounting? a. Finance is a powerful and influential field that can be defined as the art and science of managing money. Virtually all individuals and organizations earn or raise
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workspace has a desk, a computer, file drawers, telephones, and maybe a plant for decoration. And if you are lucky, you may have a window and a door. Because companies are trying to conserve space and stay within budget, most offices include more than one person in a room with dividers or columns separating each person. There is no privacy because everyone can hear your conversation and now what you are doing. A good place for employees to have privacy would be away from the job, in order to keep
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