Assignment Topic: Laws that Affecting Business Name: Sumon Roy ID: 4050 MBA (Evening Program) Department of International Business University of Dhaka Submission Date: Saturday, 17th May 2010. Table of Contents: Contents | Page | Introduction | 1 | Definition of Business, Law & Business Law | 2 | Sources of law | 3 | Different laws affecting business | 6-11 | Laws regarding commerce in Bangladesh | 12 | Laws regarding Industry in Bangladesh | 13 | Conclusion |
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1. What are the ethical issues in the scenario? The parties have genuinely agreed to the terms of the contract, therefore, the contract is enforceable. Even though the earnest money was not deposited yet, but there were an offer and acceptance. Salesperson accepted to grant Buyer an extension than willfully, Salesperson decide not to send out the paper to Buyer even after a second request. Consequently, Salesperson's action is a resolution of fraud so he could get a higher price than Buyer's offer
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Precedent and the Court Structure The law in the UK is made up of primarily two sources: statute and precedent. Although judges are required to apply statute - interpretation of statute follows common law principles including precedents. Precedents are a concept in common law (England and Wales and other English speaking countries – US, Canada (except Quebec), Gibralter, Hong Kong etc) whereby a previous case if similar (in facts) is used to provide a consistent basis for decisions. Precedents
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Neurology Associates LLP. vs Elizabeth Blackwell, MD An Assignment Submitted by Name of Establishment Class XXXX, Section XXXX, Fall 2011 Case: Neurology Associates LLP, vs Elizabeth Blackwell, MD Overview of Facts In May 2005, Dr. Elizabeth Blackwell earned her Medical Doctor Degree and she was hired by the Neurology Associates LLP, located in Longville state in June 2005. She has been offered different jobs before, but Dr. Elizabeth concluded by choosing Neurology Associates LLP
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Question Alan, Dave and Joe have been very good friends since their university days. In January 2010, they formed a private limited company, ADJ to run a real estate agency at Suntec Street, with Alan and Dave each holding 20% of the shares. Joe owns the remaining 60% of the shares and is the only one director of ADJ. ADJ needed to buy a motor car for the company’s needs, as all 3 of them frequently bring their clients around looking for properties to buy, sell or rent. During the sale of a
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EMPLOYERS’ LIABILITY An employer has a DOC to see that reasonable care is taken to ensure the safety of employees. The DOC of the employer to employee extends to the provision of competent staff, a safe place of work, safe equipment and a safe system of work. -Metropolitan Parks v Percival The respondent lost both legs following a fall from a flat-bed truck on which he worked. During the course of the afternoon, there was an interlude for refreshments. The respondent admitted to having had either
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review laws in place that affect different cultures and people. In the question-and-answer portion of the EEOC website that applies to small businesses, the second paragraph states that the laws dictated and upheld by the EEOC as a whole apply only to “private employers, state and local government employers, and educational institutions that employ 15 or more individuals.” The text is quick to point out, however, that these very minute businesses may still fall under state and local laws, so as
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International Business Law Incoterms 2000 (International Rules for the Interpretation of Trade Terms) supports business groups including manufacturing, shipping and banking industries worldwide. Inconterms include thirteen trade terms classified into four groups (E,F,C and D) plus their variations. The terms are grouped in Exibit 5.5 which arranges the terms with the minimum responsibility of the seller and maximum of the buyer appearing at the top and oppose to that minimum responsibility
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Almighty Allah who has created us and given us knowledge, time and energy for completing our reports. We eagerly and most genuinely would like to express our sincere gratitude to respected Faculty, (MD Saiful Islam Jilani) Lecturer, Department of Business Administration, Southeast University for overall supervision of this work, valuable suggestions, reviews and comments during the program. We are also extremely grateful to (Advocates abul hossen ) , Advocates of high court who has sacrificed his
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acceptance under the same terms still don’t qualify as an acceptance Protection against Standard Form Contracts 1. If business is regulated by govt board, its terms are subject to approval 2. Some segments of the public are offered special protection i.e. consumers 3. For unregulated activity, the public receives as much protection as the courts can find in contract laws All terms binding?- if offeree convinces courts that she wasn’t aware of a certain term, then the offerer must prove that
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