1) The concept of flexibility in the law is best illustrated by: 2) The school of jurisprudence that believes that free market forces should determine the outcome to lawsuits is: 3) Which of the following is true about litigating commercial disputes? 4) A ___________ is a court appointed party who conducts a private trial and renders a judgement. 5) ________ is a form of alternative dispute resolution that is often used when the parties involved do not want to face one another. 6)
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Origin of contract Contract act 1872 Extends to all Pakistan DEFINITION (1)Between two or more than two parties\persons (2)To do or not to do any particular thing (3)Enforceable by law (4)Creates obligation between the parties \persons COMMUNICATION\REVOCATION\ACCEPTANCE COMMUNICATION (1)Offer or proposal (notice to other party) (2)Acceptance
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COMPANY PROFILE Woolworths Limited REFERENCE CODE: 2FF5536D-6BA6-4CE5-81DF-4EABB0A5A391 PUBLICATION DATE: 8 Jul 2014 www.marketline.com COPYRIGHT MARKETLINE. THIS CONTENT IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED OR DISTRIBUTED. Woolworths Limited TABLE OF CONTENTS TABLE OF CONTENTS Company Overview..............................................................................................3 Key Facts......................................................................
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GULF AFRICAN BANK LIMITED ABOUT THE BANK: it is a commercial bank in Kenya, the largest community in the East African community. I t has been licensed by the central bank of Kenya and the national banking regulator. In the year 2005 the bank was first thought of by a group of motivated Kenyans who envisioned establishing and Islamic bank as an alternative to conventional banking in the country by the Persian gulf and individuals and Kenya. The banks began banking operations in 2008, after they
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Victoria’s Secret’s net sales are 3.7 billion dollars, and they have over 1,000 stores throughout the United States (Glamorous, Intimate, Powerful, On-line posting). This company was established in San Francisco in the 1970’s, and acquired by Limited Brands, Inc. in 1982. It was not until the 1990’s when Victoria’s Secret began using hot super models to show off their sexy line of lingerie did they hit their stride (Victoria’s Secret, Par. 3). They have fashion shows periodically to showcase
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sole proprietors b. Income is passed through each partner c. May file Information return for tax agency d. Unlimited liability between all partners 1. Jointly and severally liable III. Limited Partnerships a. Has general partners as well as limited partners Most limited partners have limited exposure to liabilities often times just the lost of their initial investments. They are prohibited in daily management operations of a given
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Business Structures LaGloria Williams FIN/571 April 9, 2015 Travis Hayes Every business in the world has a structure to it. It could be a small local business like a boutique or a large corporate business like a popular bank. Having a business structure to your business is what helps determine what type of ownership takes place. There are three main business structures, they are known as; sole proprietorship, partnership, and corporations. These three business structures are important
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originally called the SPCA (Society for the Prevention of Cruelty to Animals) until in 1837, when Queen Victoria allowed permission for the organisation to add the ‘R’ for the symbol of Royal patronage to be displayed in 1840. The RSPCA is a PLC (Public Limited Company). Two years before the RSPCA was founded, the ‘Martin’s Act’ was created in 1822; this was the first animal welfare law that forbade ‘the cruel and improper treatment of cattle’. In 1835, the ‘Pease’s Act’ was created; this allowed the prohibition
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Introduction to Business Environment Business environment is composed of two words ‘Business’ and ‘Environment’. In economic sense ‘Business’ means human activities like production, purchase or extraction or sales of products or services that are performed to earn money. Meanwhile ‘Environment’ means the aspect of surroundings. Business environment is the set of conditions institutional, political, economical, legal or social that is uncontrollable and affects the functions of the organization.
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Forms of Business Kimberly Smith FIN231_1 February 14, 2016 Instructor McAndrew Forms of Business There are at least five different forms of business. They are proprietorship, partnership, corporation, limited liability company, and cooperative. The three major forms of business are proprietorship, partnership, and corporation. With proprietorship (also known as sole proprietorship), the business is only owned by one person. This person assumes all of the responsibility for the business
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