Contracts Outline

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    Revenue Recognition

    made by Stella. 3) The sales price is fixed and determinable: It is mentioned in the case that Stella quotes a price when an order is informally placed. But the price is negotiated later and the actual price is mentioned in the final contract. The final contract comes into existence only 7 months later. Hence the revenue should be recognized only when the final sales price is known i.e. 7 months later. 4) Collectability is probable: Stella’s standard policy for customer payments is 1-2 months

    Words: 1054 - Pages: 5

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    Week 1 Mgmt597

    agreement could be considered a contract. Under Montana law, a written contract can be altered only in writing or by an executed oral agreement. This implies the agreement cannot be considered a contract. There is so much to be proven even if an oral agreement could be binding. In this case both parties do not agree as to what decided upon. The fact that that Loren says that the contract cannot be enforced is really not very important as the main problem is proving a contract exists. Loren could have said

    Words: 998 - Pages: 4

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    Readings

    Concessions are often necessary in negotiation but they often go unappreciated and unreciprocated. Most people understand that negotiation is a matter of give-and-take, you will win or you will lose: You have to be willing to make concessions to get concessions in return. Example, the head of a manufacturing firm was preparing to initiate talks with the leadership of the employees' union. The biggest issue on the table was a wage increase. The union was asking for a 4 percent increase, while management

    Words: 817 - Pages: 4

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    Addressing International Legal and Ethical Issues

    all look at the written contract between you and the other party, if there is one. This will often contain governing law and jurisdiction clauses. The governing law clause will set out which country's law will apply to any dispute under the contract, and the jurisdiction clause will state in which country the legal action must be taken. If there is no written contract, then if either party has standard terms and conditions of business, these may form part of the contract and may contain law and

    Words: 860 - Pages: 4

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    Accomplice In Business Law

    Business Law is the legitimate field in charge of the locale, control, oversight, and approval of all communicated legitimate certain inside business rehearses business operations, and customer dealings occurring inside a business setting. Much of the time, Commercial Law will stick to the assortment of organizations, strategies for trade, and business endeavours that happen in a specific zone or district; these sorts of business foundations will regularly extend in size, staff, administration, and

    Words: 862 - Pages: 4

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    Plagiarism In Contemporary Sports Management

    He has won 5 NBA championships with Los Angeles Lakers in a 20-year career spent the Lakers. In the admits of his rape allegations in 2003, Nike did not terminate his deal which every other sponsor did terminate his contract (saving face of sponsorship 2004).  his contract with Nike after joining was worth $ 40 million dollars. In a top10 highest earning athletes list by Forbes in 2010, Bryant was ranked 3rd with $48millon. According to a top 10 lists by Nike in the same category in 2014 (tmsplug

    Words: 1774 - Pages: 8

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    Legoland

    LEGOLAND® Deutschland eröffnete im Jahr 2002 im bayrischen Günzburg, nahe der Autobahn 8 München - Stuttgart, seine Pforten ворота und ist der zweite Versuch попытка einen LEGO®-Park in Deutschland zu etablieren основывать. Den ersten Versuch gab es 1973-1976 in Sierksdorf, allerdings scheiterte неудалось,Dieser und wurde 1977 als Hansaland, dem heutigen Hansa Park, neu eröffnet. Viel durchgestylter hingegen, und mit den besten Attraktionen der weltweit drei anderen LEGO® Parks - Billund (1968)

    Words: 4971 - Pages: 20

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    Usa Superpower

    Le travail, la technique Spécificité du travail humain Le travail est-il une malédiction?  Dans la Bible, le travail est une malédiction. Du mot latin labor, signifie travail et peine. La travail est aussi une loi (pr survivre). Aristote: toute action imposée par la nécessité est naturellement fâcheuse. Pour Kant, un monde sans travail : tout les talents seraient enfouis (ex Arcadie). Libérant l’homme du besoin, travail permet accès à la culture/plaisir. Permet de participer à une

    Words: 470 - Pages: 2

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    Negotiation Journal

    Zhang Yi MIB 37 142291 Journal of International Negotiation Session 1 In the session, we learnt the basic concept of negotiation, knowing that: Negotiation is a method by which people settle differences. It is a process by which compromise or agreement is reached while avoiding argument and dispute. In any disagreement, individuals understandably aim to achieve the best possible outcome for their position. The principles of fairness, seeking mutual benefit and maintaining a relationship

    Words: 1860 - Pages: 8

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    Discipline and Management

    Discipline and Management: Different Yet Related Mary Keel Grand Canyon University: TCH-536 January 26, 2014      Comparison of Discipline and Management, and Behaviour and Misbehaviour Definitions Discipline denotes training or systematic instruction intended to produce a specific pattern of behaviour or character, especially training, which produces mental or moral character that adheres to a specific order or conduct. The term could also refer to the product of the training, which

    Words: 788 - Pages: 4

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