does not know what entity to form or how to form it. The owner has asked you to do the following: * Determine if the contracts with the businesses will be governed by common law or the Uniform Commercial Code (UCC), and explain why. * Analyze whether the owner formed a contract with the businesses, and apply the five essential elements of an enforceable contract. * Explain the potential personal liability to Acme Fireworks if a spectator is injured by a stray firework from a fireworks
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Apply the tort of negligence to a given fact situation |Level |5 | |Credits |3 | Purpose People credited with this unit standard are able to explain the law of torts, and apply the tort of negligence to a given fact situation
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work out very well. As for the contract issue, the contract doesn’t appear to have been accepted by both parties. The scenario states that Martha had signed it and was going to fax it back to Diane. She had sent the contract and the outline of details but it doesn’t state if Diane had signed it prior to sending it. A contract is a legal binding agreement between parties. In order for it to have validity both parties would have to sign and date and some contracts require the signature of a notary
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June 10, 2013 Thane J. Messinger, MBA, JD, ALM Abstract This paper will present an analysis of the issues contained in the Nature of Agency video. Quick Takes Video is the defendant in a lawsuit brought on by Non-Linear Pro for breach of contract. Quick Takes Video agreed to a three-month trial of Non-Linear Pro’s editing system that did not meet the expectations of the Quick Takes team or management and did not work how the salesman described it. Hal, the owner of Quick Takes Video returned
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of transactions and customers. Hindsight is always 20/20, and many small business owners stated then would have started their business with a more planned out and developed plan. When common law or the Uniformed Commercial Code (UCC) governs contracts, the difference between the two will drive how disputes are resolved. As a result of this concerted effort by some of this country’s leading legal experts, the UCC was enacted in whole or in part with only small changes by the legislatures of all
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time pressure – take as many rounds as needed Always remember and underline your organization’s strengths 3. Strategy and Tactics Hand in hand with key principles are negotiation strategy and tactics. Denali Group has developed worksheets to outline best
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Commerce” Act went into effect October 1, 2000. This act will have a profound impact on online business by establishing the legal validity of electronic contracts between legal or commercial entities. The new level of enforceability the act gives to online transactions extends from retail purchases to Business-to-Business to almost any contract two parties would like to execute online. The act, on a national level, specifically makes “electronic signatures” binding and enforceable by superceding
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is not surprising that market participants, legislators, regulators, and academics are concerned with the need to control financial reporting abuses. The following paper will demonstrate how the effect to the good side and the bad side of it and outline the reason for the impact to appreciate the good and the bad of earnings management. Identify what is key driver of motivation either an earning management is good or bad. This will enable us to analyse the good and bad side nature of the earning
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will serve as the contractual document that once carried out becomes the final agreement to the transaction. Summarized, all detail regarding the transaction should be in written form and included with the contract as part of the agreement. No verbal agreement in addition to the written contract will have any bearing on the transaction. Betty drove three hours in one- hundred degree heat. Explain whether this has any bearing on whether the dealer has to perform in accordance with the published
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www.studyguide.pk UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS GCE Advanced Level MARK SCHEME for the May/June 2009 question paper for the guidance of teachers 9084 LAW 9084/03 Paper 3, maximum raw mark 75 This mark scheme is published as an aid to teachers and candidates, to indicate the requirements of the examination. It shows the basis on which Examiners were instructed to award marks. It does not indicate the details of the discussions that took place at an Examiners’ meeting before
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