LAW/421 Final Examination Study Guide This study guide will prepare you for the Final Examination you will complete in Week Five. It contains practice questions, which are related to each week’s objectives. In addition, refer to each week’s readings and your student guide as study references for the Final Examination. Week One: Introduction to Law Objective: Define the functions of law in society. 1. Precedent evolves from a. state and federal constitutions b. state and federal
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Ethical and Legal Issues in Business Case Problems 9 & 10 (Chapter 9), Problem 6 (Chapter 10), Problem 7 (Chapter 11) & Problem 10 (Chapter 12) Connie May Williams Maryland University – Education Ethical and Legal Issues in Business Case Problems 9 & 10 (Chapter 9) and Problem 13 (Chapter 6) Should the Galls’ complaint be dismissed? As a result of the action between two local people, this came to be a state action, calling
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to pay. Julia can present this case as a contract but there is lots of requirement needed to prove it as contract. Kevin can go through the contract law. Contract law is the agreement made between two or more person or parties which involve legality, capacity, intention, consideration, offer and acceptance and consent. It is an exchange of promise between two parties. Contract or an agreement can be in written form or orally. Where as law define contract as in a legal terms committing by the promise
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ASSESSMENT 1 – Question and Answer 1. Describe any four skills an effective negotiator needs to have. Any effective negotiator requires these four skills: Active Listening – negotiators need to have the skill of actively listening to the person they are communicating with. Active listening involves the ability to read body language as well as verbal communication. It is arguably more important to listen to the other party to find areas for compromise during the meeting than it is for the negotiator
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Article II of the Uniform Commercial Code PA130- Contracts Unit 9 Carolyn Padilla Article II of the Uniform Commercial Code is for the sale of goods such as an automobile or a television. A house would be ok except it involves the sale of land which is not covered by article 2, and it also does not cover a contract between you and a fee for service contract, such as wanting an addition put on your house for example. Generally to use this code all parties must act in good faith or this
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however, there almost always has to be a contract of some kind. Whether it be agreeing on a price of diamonds for your jewelry or a service being provided this is entering into a contract. Most of the time both parties abide by the terms to which they agreed, but other times one or more parties fail to do their part. This is where loss happens that can affect on or more parties. This is why it is so essential to understand the different parts of the contract and what to do if you are ever present
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exchange for exclusive negotiation rights for a 90-day period. This agreement stipulated that no distribution contract existed unless it was in writing. On day 87 of the agreement, the parties held a negotiation meeting and came to an oral agreement on the terms of the distribution agreement. Chou offered to draft the written distribution agreement and send to BTT. Before Chou could draft the contract, BTT’s manager sent Chou an e-mail with the subject line “Strat Deal” that outlined the key terms of the
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concerned. For a merchant good faith means the observance of reasonable commercial standards of fair dealing the trade • Course of dealing: If two parties have regularly conduct business on certain terms, the terms may be assumed to be same for each contract made, if not expressly agreed to the contrary. The parties must have dealt on numerous occasions and been aware of the term purported to be implied. • Usage of trade: A trade practice that is so common in a particular region or vocation that an
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importance of contract between two parties before commencing final deal. It will discuss the major outlines required in a commercial contract, the essential terms and conditions which both parties agree to and the clauses upon which the deal is finalized. Since the case is based on sale of good it will therefore include terms and conditions on which the contract is formed and the desired actions from both parties. The terms on which the sale of good is made and the clauses which make the contract null and
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THEM WITHIN 7 DAYS APR 1ST TGL ------OFFER TO SELL FURNITURE*-ESP APR 5TH TGL ---- SELL PRODUCTS - APR 5TH TGL ---- WITHDRAW OFFER -ESP APR 7TH APR 6TH ESP ------ ACCEPTANCE - TGL APR 8TH Description of Diagram… APR 1ST TGL offer to sell furniture to ESP for £5000, of which the letter contained a term which was to notify TGL of acceptance within 7days. On APR 5TH sell products to another company, later that day they send a letter revoking the original offer, the letter was received on the APR
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