1. If Letisha does not pay and Sudson sues her for breach of contract, what legal arguments could be raised in Letisha’s defense against the enforcement of the automatic renewal clause? Explain. * Letisha could argue that the salesman who brought her the contract to sign did not make her aware of the fact that there were other clauses to the contract that had been written at the back of the page. It is only professional for someone engaging another into signing a contract to go on and make
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5. The Key Study Areas are as follows….. * TCO A -Business ethics: Three layers of Business ethics: * 1) Basic values (honest, keeping promises) * 2) Notion of fairness (how do we treat others?) * 3) Issues related to community, environment, neighbors Business ethics considers fairness and morals standards amidst the pressure of earning a profit and providing returns to shareholders. Sometimes we may have business ethical tensions where Employee has personal economic
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INTERNATIONAL BUSINESS TRANSACTIONS OUTLINE – WINTER 2005 - SPANOGLE The book is designed around three types of transactions: 1) Sale of goods across borders; 2) Transfer of technology; a. Licensing production abroad; b. Franchising. 3) Direct Foreign Investment. There are two parts to making these deals: 1) Deal-making aspect; a. Allocating risks; 2) Government regulation Decisions and Risks in Trade – Analyze for each Problem! • The language
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PROCEDURAL HISTORY: Phillip Eugene Wendling filed suit in Harvey District Court under the Uniform Commercial Code (UCC) to receive damages for a breach of an oral contract for the purchase of cattle. The court found in favor of the plaintiff, and the defendant filed an appeal with the State Supreme Court of Kansas. FACTS: In July of 1973 Phillip Eugene Wendling a famer met Ted Puls who was a cattle buyer for the Central Livestock Sale in Hutchinson KS. During this encounter Wendling indicated
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serves as a deterrent for others which help keep crime to a minimal in society and businesses. In businesses, law is extremely important because it sets guidelines that provide security for consumers. They establish and help maintain mirrored uniform order
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Contracts Rules Outline |Intent to Contract: | |Applicability of the UCC: Uniform Commercial Code applies to contracts for the sale of goods | |Unilateral Contract: A contract in which a Promise is exchanged for an action | |Bilateral Contract: A contract in which a
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statutory law. - UCC article 2: on sales, 2A: on leases - The goal of the UCC is to simplify and streamline commercial transactions, allowing parties to form contracts without observing the same degree of formality used in other types of contracts by making laws governing sales and lease contracts clearer, simpler and more readily applicable to the difficulties that can arise during such transactions. The Uniform Commercial Code (1949) Comprehensive Coverage of the UCC UCC: single most comprehensive
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loaning process and payback period. The company will be named as the policy holder and will be liable for the full amount loaned. The elements involved in negotiable instruments are certificates of deposits, notes, checks and drafts. The Uniform Commercial Code governors over negotiable instruments and defines who is liable, both primary and secondary. The primary holder of the loan is liable for the loan, it is their duty to pay and their name on the papers. A secondary liability holder comes in
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permission The grand vision: RFID as next-generation barcode Barcode RFID tag Fast, automated scanning Line-of-sight Specifies object type Radio contact Uniquely specifies object Provides pointer to database entry for every object Commercial applications • Smoother inventory tracking – Military supply logistics • Gulf War I: Placement of double orders to ensure arrival • Gulf War II: RFID renders supply chain much more reliable • Product recalls • Anti-counterfeiting • Maintaining
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LEG 565 Complete Course LEG565 Complete Course Click Link for the Answer: http://workbank247.com/q/leg-565-complete-course-leg565-complete-course/27213 http://workbank247.com/q/leg-565-complete-course-leg565-complete-course/27213 LEG 565 Week 1 Discussion 1 "The Purpose of Law" Please respond to the following: * Define the “law” and analyze its functions and impact on business. * Evaluate the components that the Supreme Court should consider when overturning or re-interpreting a decision
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