Overview of Business Law - 1621 Words

BUSINESS LAW 7 Business Law Introduction Contracts are agreements, which can be made orally, or in writing, the agreements constitute of offer and acceptance. When two or more parties agree through offer and acceptance, and provide consideration, they create a legal relationship, which is legally binding and actionable by the law of contract. When Peter places an advertisement in the local paper, he gives information of the Rolls Royce, which anyone can make an offer and when accepted by Peter it amounts to fulfillment of a contract. Rooke v Dawson- an advertisement is not an offer because they lead to further bargaining. In this case, advertisement that a scholarship examination will be held, was not held to be an offer to a candidate who obtained the highest marks. Laura calls Peter and makes an offer of buying the Rolls at $20, 000; the offer is accepted conditionally by Peter. Peter accepts the offer under a condition that she would pay through internet banking. Jonnes v Daniel- where there are conditions on payment, d ocuments and date of completion. Terms do not give rise to any immediate enforceable contract, unless the conditions are fulfilled. Modification of terms can also be seen to amount to a counteroffer, when Peter accepts to buy the car only when certain conditions are fulfilled. Laura accepts Peters conditions, but she also gives another condition which peter accepts; when he says he will write a letter of acceptance and posts it to her. TheShow MoreRelatedApplying An Undergraduate Degree At A Respected University1484 Words   |  6 Pagespower of law and ensure justice. In order to achieve my goal, I must complete an undergraduate degree at a respected university, complete the Law School Admission Test with successful results, attend an established law school, and complete the Barrister and Solicitation exams. The core tasks of a lawyer include advising a client on their rights and representation in the court, constructing legal documents, and specializing in different types of laws (Career Cruising, 2016). Practicing law in CanadaRead MoreEssay on Egypts Economic Climate908 Words   |  4 Pagessince 2011. The unstable political environment continues to change, and a new constitution was recently approved in January 2014 (Egypt Overview, 2014). Egypt continues to struggle economically with a weak growth rate at 1.8% and unemployment reaching 13.4% (The World Factbook, 2014). Out of the 13.4% unemployed, over 75% are individuals ages 15-29 (Egypt Overview, 2014). These factors contribute to the country’s high gross public debt that equated to almost 100% of GDP in 2013, which was $552Read MoreBusn300-1104b-08710 Words   |  3 Pageswhich is Toyota. Toyota’s employees believe in the high technology and innovation to provide their products to their customers. However, they should invest more money and their attention more to manufacturing more of the eco-friendly cars (Business Overview, 2011). Another large car manufacture that is located in the United States is General Motors (GM). General Motors would benefit more in this competitive market if they paid more attention on innovation and technological development to increaseRead MoreCorruption and Economic Growth Essay1383 Words   |  6 PagesCorruption and Economic Growth This brief overview analyzes corruption and its relationship to economic growth. The brief continues to consider the idea of economist Amartya Sen that development means more than economic growth. Additionally, provided, a quick risk analysis of two countries where corruption is common everyday practice. Corruption and Economic Growth Relationship What is the relationship between corruption in a country and economic growth? Answer this question. Research indicatesRead MoreThe Role of Government in Business Essay1425 Words   |  6 Pagesthe United States of America faced business regulations. During the 19th century, when the American economy became more industrialized, and grew to a world power, the federal government passed business laws, that favored social reforms over the interests of big business. In the 20th century government involvement in business continued to expand. So made Roosevelt’s â€Å"New Deal† legislation effectively the federal government the countries largest regulator of business and the economy, after the greatRead MoreThe History Of Iran1444 Words   |  6 Pagesand obedience as stated by the law. Just as most of the presidents in the world, whomever is the current occupant of this position, has the role to command all the equipped force agencies that are the army. In Iran, the president is the second highest rampant (PBS, 2014). Rendering to the Constitution, the powers of the president are limited and are just branches of the Supreme Leader. One of the obligations of the president is to set the strategies and laws that control the economy of theRead MoreCompany Directors Of The United Kingdom : Annotated Bibliography1437 Words   |  6 PagesNovember 2016 This newspaper article brings out a good practical example of the law of disqualification of directors in the United Kingdom. Craig Whyte has been disqualified from being a director for 15 years; the maximum number of years a director can be disqualified, because he failed to avoid conflict of interest. The article sets out details of his offenses which include failure to consult other directors on business decisions, making the club enter into a deal which made it fund its own sharesRead MoreA Summary On Good Faith Essay1058 Words   |  5 Pages Student name: Kaizad Dadrewala Student ID number: 2015003238 Paper title: Paper coordinator: The assignment number:1 Assignment title: Good Faith in business Contents 1.0 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 2.0 Literature Review †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3.0 Approaches to Research†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 4.0 Discussions on Paradigms†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 5.0 Conclusion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 6.0 References†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 7.0 Appendix†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreRussian Economic Overview1278 Words   |  5 PagesEconomic Overview: Although Russia is one of the BRICs’ countries; it is showing some weakness over the last years with the Euro crisis. The country suffered with economic problems that made its economy to slow the foreign demand. With the weaker foreign demand and the domestic fiscal consolidation made the output growth reduced to 3.4% in 2012. The weakness extended to 2013, with first quarter real GDP falling 1.1% from the previous period, reducing 12-month growth to 1.1%, the lowest rate sinceRead MorePromotional Activities Coordination Project : Sample Resume1143 Words   |  5 PagesPart B: Promotional activities coordination project Send an email all of the staff that will be involved in the project. Your email must include: – A brief overview of the project and the promotional activities to be undertaken. – A brief summary of the role of TTNQ, the benefits it provides to the region and the importance of the promotional activities in attracting international visitors. – A summary of person’s roles and responsibilities, as well as the action plan that you developed in Part