Consideration College Essays Samples For Students

The issues which the Court will consider are;

I. Is there an "Offer" and "Acceptance"
II. Do the parties have the legal capacity to contract
III. Was there a meeting of the minds
IV. Is the contract supported by consideration
There is an Offer and Acceptance by the performance or forbearance on the part of Harry and Wanda. Unfortunately, there was no meeting of the minds as to what they were offering and what was accepted. Harry and Wanda are over the age of 18 and each is mentally competent, and, therefore, has the legal capacity to enter a binding and enforceable contract. If either ...

BUSINESS LAW

Part A: Question 1
Using the four-step process, discuss the element of agreement required for the formation of an enforceable contract. Have Sensational Sails and EquipU reached an agreement regarding the sale of the Italian machinery?

Identifying the Legal Issue

Bill and Ben are best mates and love to sail together. They want to turn their sporting interest into a business. They decide to start their own company called Sensational Sails Pty Ltd (Sensational Sails). Bill and Ben design and manufacture sails for all size yachts and supply wholesale to retail outlets. Their company becomes highly successful and soon they need more sophisticated ...

Does all of the creation have equal rights? Or are some of the Earthlings more valuable than the others? This question has become a deep issue nowadays. While in the past, the moral status of animals was not strongly debated as there were more acute issues at the time, now this issue is rather actual. When the racism and sexism were defeated, and all humans gained equal rights, have not the time come for animals to get these rights? Should animals be given equal considerations of interests with humans? Peter Singer answers with a strong “yes.” He calls the ...

Introduction

Nursing is a proper administration that helps people to distinguish and create approaches to help in the process of medical intervention and recovery (Blais, 2015). Orem's hypothesis supports a patient-nurse relationship, with consideration being the essential center and a definitive objective is wellbeing reclamation. In other words, it is essential in helping patients recover their health in a quick manner. In this case, it should be noted that patients expect to receive medication that best suits their needs, especially in advanced care. It is imperative to note that stakeholders in this case include patients, significant others, and the medical ...

For a casting process to be successful, various variables will need to be controlled. These variables will range from the characteristics of the metals, or the alloys, the specific method of casting, the molten metal materials and design and other process parameters. Others like the flow of the molten metal in the cavities, the gating systems, the gases evolved, and the cooling rate of the molten metals will influence its quality. This paper is going to discuss the design consideration in casting, the selection of the material processes, selection of the casting process, inspection and problems in casting and ...

The law usually governs every aspect of the lives of people, business transactions included. This paper discusses the law of contracts and how it is applied in business transactions. The main elements of the law of contracts are offer, acceptance, capacity, legality and the intention of the parties.
The definition of a contract is an agreement made between two parties who have the capacity to contract. There are obligations between the parties, which are enforceable by law. We are now going to look at every element of the law of contract and also the factors that can make the ...

- INTRODUCTION
The objective of this study is to evaluate and examine the British Petroleum’s innovation process. In addition, the style of the business along with the structure of the organization is taken into consideration. The study revolves highly around the innovative culture of British Petroleum due to which the innovation objectives are separately described. Moreover, the external environment of the business is also taken into consideration as it would help in analyzing the environment in which the business operates (PESTLE analysis) along with the risks involved in the business. Operating in a competitive environment surely creates challenges ...

Introduction

A nursing theory refers to the arrangement of presumptions or recommendations, connections, definitions, and ideas received from the nursing models or from different teachings. It intends to venture a precise and purposive action by planning particular connections among ideas for the reasons of clarifying, portraying, anticipating, and/or endorsing. They are inferred through two vital strategies: Inductive thinking, and deductive thinking (Nursing Theories: An Overview, 2012).
Nursing scholars could use both of these strategies. Ideas are essentially thought vehicles that include pictures. They could be conceptual, inferential and empirical ideas. In a given nursng theory, there are several key factors. ...

Introduction

The large production of bisphenol A (BPA) in the world has been documented because of the increased usage of the same in various industries. The most critical industries that have been using this BPA include those manufacturing containers for foods and beverages, cigarette filters, thermal receipts as well as paper currency. With such a huge provision, it is critical that the basis of such developments only emanates from making the right choices over its uses because its production to a total of 2.7 million tons could be disastrous to the body. The main reasoning here is that the chemical ...

Introduction

This report takes into consideration the application and the strategies that Petsmart Company has in line with their ethical structure, the governance structure and the corporate social responsibility for the present and the future. Additionally, the business report highlights the present position of the Petsmart Company in these three categories. The company is described as one of the largest pet and veterinary product retailer services provider and the solution for pet and the owners (Petsmart, 2016). The information provided by the company’s profile is that the company has more than 50,000 associates and another 1,466 pet ...

In the context of the country Kenya, the marketing of product like clothing should take into consideration several environmental factors so as to formulate a successful marketing mix. The environmental forces in Kenya should be fully and carefully analyzed because the country consists of various categories of people and various socioeconomic forces. The marketing of clothes in Kenya should, therefore, take into consideration various forces in order to determine the prices, distribution channels as well as the target markets in the most appropriate manner. The Kenyan environment has a great influence due to its diversity in influencing the marketing mix of ...

Material Inequality and Political Theory

Defining inequality and determining factors to assume equality and justice remains to be a vague concept as factors like social class, talent, and needs would often influence how people define these terms. According to Fleischacker (2005), adding to the confusion of defining inequality and means to attain 'just distribution' of goods, services, and rights are several definitions and theories established to try and attain 'just distribution'. With the presence of several theories and definitions to attempt explaining how just distribution can be done, concerns on how it would impact society is raised since political theories vary in concentration and how ...

The role of primary caregivers is becoming more pivotal. This is happening at the time when the world is enterprising, and more career paths are opening up. According to Dwyer (2013), the US is going to experience an acute shortage of primary caregivers in the future. Nursing is an emotionally, physically and mentally demanding role that requires total dedication and absolute attention. The workplace is also changing, and the roles of a nurse are increasing daily. Despite being a very demanding job, nursing will offer an opportunity of impacting people’s lives in a manner that you wouldn’t ...

The justice system recognizes several procedures based on which the judgment can be delivered. Among all, the jury trial serves the role of the significant instrument for the consideration of the merits of the case and the delivering the opinion of the public over the particular matter. In this regard, the jury trial should be understood as the trial proceedings within which the jury is responsible for the examination of the facts presented in the case and decide over its effect on the possible order. According to the UK legislation, the jury is usually compound of 12 persons, which ...

The argument for subjecting students to virginity tests is based on the desire to maintain a particular normative behavior. In consideration of this idea it seems evident that pursuing legislation that would focus on such ends would indeed be a profound violation of personal liberties. For this reason, if a similar proposal had been made in the Singapore Parliament today, I would not have supported this proposal. The proposal is a violation of basic human rights. The individual rights that should be ensured for people in society dictate that this would not be the best course of action to ...

Leadership is one of the widely discussed topic, while it is such a concept which is still confusing and not as much of understood in many of the cultures and society. It’s been a long when many researchers have emphasized over this trendy misapprehension, indicating several defective suppositions, or myths exist about leadership which is frequently hindered with the individual's concept of what actually the term leadership is. However there are number of leadership theories which are proposed by many authors and some of them are mentioned below:

Trait theory of leadership:

Trait theory is primarily based on a person's human qualities. It is believed ...

The nature of business transactions in the contemporary society is increasingly becoming a complicated exercise. Advancement of technology, globalization and increased competition within business circles are some of the reasons that have complicated commercial transactions. The market economy is so competitive that entrepreneurs have to design new and innovative mechanisms to ensure that they keep their businesses. Businesses are adopting more effective and efficient measures to meet the needs of their customers in order for them to maintain and enlarge their customer base.
Car-rex’s wish to customize their standard contract forms is a desirable strategy, and indeed should be ...

(CATTARAUGUS COUNTY REHABILITATION CENTER SCORECARD CONCEPT)

Introduction
In order to analyze and understand whether Cattaraugus County Rehabilitation Center has effectively adopted the scoreboard concept, one of the most essential things to note is to begin by understanding its essentiality, its implications, basic use and its implementation in organizations. To begin with, a Balanced Scoreboard Approach, otherwise referred to as the BSC strategy, is one of the most essential strategies in the business and organizational strategies in the twenty first century (Kaplan & Norton, 1992). This is due to the fact that it plays a major role in assisting the managers or ...

Declaration
This is to certify that the dissertation entitled “Gaining Strategic Advantage through Customer Value”, presented by me to the University of South Africa for the award of the degree of Master of Business Leadership is a bona fide record of research work which was carried out by me under the supervision of Dr Sidney Shipham. The contents of this dissertation in full or in parts have never been submitted to any other Institution of higher learning for the award of any degree or diploma.

Acknowledgement

I would like to express my gratitude to my study group members of the ...

Acme Fireworks

A number of factors are to be considered when it comes to taking the decision of the most favorable business structure for a specific commercial venture. Given the situation of Acme Fireworks, the pros and cons that need to be weighed before deciding on the business structure include the offering of highest protection, the highest investment return, and the most favorable rates of taxes. When there is a need for liability consideration, along with needs of employment and huge contracts, the recommendation to Acme Corporation owner would be to amend his status from the present sole proprietorship to a ...

US 311: Business Law I

You are the manager of Acme Fireworks, a fireworks retailer who sells fireworks, puts on ground display fireworks, and large aerial display fireworks. The company started in the owner’s garage two years ago and now has 15 employees that you manage. The company started as a sole proprietorship, and the owner has never changed the entity. The owner has informed you that the company has received inquiries from several large businesses wondering if the company could create several fireworks displays on a regular basis. The owner told the inquirers that the company could fill such display orders, and ...

Application of the Information Technology in the Criminal Justice System

In the XXI century, the importance of the usage of the information technologies tools should not be ignored both in the regular life and in the criminal justice system. Due to the fact that the technology gains new forms that become much more storable and significant, the information may be stored in the unlimited terms for ages. Additionally, usage of the information technology approximately by everyone allows to reduce the time for prosecution of the offenders and murderers jointly to the fact that the mobile devices have the huge amount of the information about the actions of the person. ...

Background of nursing study (Nursing Autobiography)

The individual is a nurse practitioner who runs a primary Care Centre serving a clinically underserved population in an underdeveloped area. The individual addresses the metaparadigms of nursing by focusing on person and health, thus maintaining the individual’s self-concept and ensuring that patients are receiving the care they need. This ensures a link in between the desire and the requirement of the patient. The individual has to act in the utmost interest of the patients depending upon own proficiency. Critical thoughts and good judgment is the requisites that every nurse must acquire in order to care for the ...

Introduction

Business ownership and management play a vital role in the progress and development of a company. Certainly, there are different types of entities that follow particular policies of formulation and establishment. The Acme Fireworks is a special type of company considering changing its entity from the sole proprietorship. There are special laws that govern business contracts. Primarily, Acme will have to choose whether to go for those contracts governed by the Uniform Commercial Code (UCC) or the Common Law. The new business relationship that the company will enter requires a change in its entity formation, particularly because of the consideration of the laws. ...

BUSINESS LAW

PART A
1. A contract refers to an agreement or a promise that is legally enforceable (Carter, 2006). In most cases, two parties are involved in making the agreement. For an agreement to be considered to be a contract, it must have some basic elements. The first basic element of a simple contract is offer (Allan and Hiscok). In general, terms, offer is the willingness that a party to the contract may express to certain terms of the contract. The offer is mostly made with the intention that the agreement immediately becomes binding after the offer has been accepted by the offeree ( ...

The future success of this business is determined by the impact of both the external and internal environment factors. The rapid changes both in the environment have a great influence of the performance of this coffee business in the future. The factors relating to the demographic changes are mainly what is to be taken into consideration. This business is also subject to the effect of the cultural impact in its location, therefore, cultural influence should also be analyzed carefully in order to determine its impact on the operations and services to be provided by the coffee shop. The changes relating ...

Facts

Mattei, the plaintiff, was a developer of real estate who planned to build a shopping center on the land that belonged to the defendant, Hopper. After several months of negotiations, the defendant agreed to sell the land to the plaintiff. The parties reduced their agreement to the writing form commonly known as deposit receipt. Under the terms of receipt, the plaintiff had to pay $ 1,000 of the total price of $57,500. On the expiration of the 120 day period, the full purchase price had to be paid. Along with this term, the deposit receipt also stipulated for a satisfaction clause. ...

Reorganization can be defined as any restructuring that can be tax free as provided for in §368. A successful reorganization must meet some standards to qualify as a tax-free: the first requirement is that it must be having a plan for reorganization. The second is the continuity of interest and business enterprise, the third requirement demands that an organization must have a clear business purpose and finally the organization must not be a subject to step transaction doctrine. It is from this point that an IRS letter should be obtained showing the tax treatment desired by the parties intending to carry out reorganization ( ...

INTRODUCTION

The purpose of this study is to identify and evaluate the processes involved in Human Resource Management (HRM) at Corniche Hospital in Abu Dhabi. In order to do so, the organization’s HR department would be taken into consideration which will provide relevant insights regarding the hospital and its workforce management. Moreover, the types of jobs at the hospital would also be analyzed as it would provide necessary information regarding the job description and specification. The processes that would be involved in the study are recruitment, selection, compensation, performance appraisal, training and development.

CORNICHE HOSPITAL IN ABU DHABI

Corniche Hospital is the largest maternity ...

Introduction

The contemporary economy is rooted on the liberty of persons to have contracts and a structure of decrees that administers contracts liberally entered into. However many individuals might not be abreast of what are the indispensable elements prerequisite in making an enforceable contract. In recent times, individuals have always thought a contract not in text was not binding. Individuals are extremely prone to sighting contracts in form of writing that countless undertake that a contract need be in writing and extensive prior to it being enforceable.
Agreement is indispensible to any type of contract. Before a contract can be existent, there need ...

Section

The Bidding
Charterparty invited tenders for the construction of a new cruise-liner, to be called the Ocean Carpathia. Donelly was invited to tender. However, the person responsible for receiving tenders left work early.

ISSUE: WON Donelly Brothers can compel recognition of its bid? HELD: Yes

DISCUSSION: Similar to the case of Blackpool v Blackpool, it is the duty of the entity requesting for bids to inspect all those which have been submitted. In the case at bar, MC Donelly was actually able to submit its bid on time. It is not the fault of the bidder that their documents were not received in time, as it was the responsibility of the ...

In healthcare, law and ethics may refer to the conditions that enable the medical practitioners and nurses to deliver high-quality services. There are instances where the human beings have been denied excellent services following exposure to improper handling by the medical practitioners. Also, there have been a number of ill practices in the healthcare sector that make the services for the patients unappealing. Some instances have indicated the relevance of ethics and ethical training, which has been ignored for some time. There are problems that have come up following lack of consideration of the ethics in the healthcare sector. ...

Leadership plays the most significant role in business prospering and flourishing. The question we are find a response to in the following paper is as follows: are leadership skills acquired in the wake of experience in a particular field or are they hereditary and inborn?
Here we must make a reservation that we will mainly deal with the task-oriented leadership defining the latter as the leadership which is mostly pre-determined by the leader’s overrunning concern with efficacious allocation of personnel and equipment.
Discrete leadership theories in the modern managerial science have left the mark on our perception of ...

Module Number

This paper deals with the aspects of valid contract, and their relevant to Simon and a music band. It advises Simon on how to secure a valid contract under English Law and the consequences/remedies in the event of the contractual terms being breached. Among others, the paper advises that Simon should check the contract between the TV Show and No Direction comprises of an offer, an acceptance, a consideration and intention to create legal relations.

A valid and enforceable contract requires five critical elements to be satisfied: intention to enter a legal relationship; agreement (or offer and acceptance); a ...

In the Cato vs. Isabella case, there is one fundamental observation that can be made. Isabella’s decision to enroll in full-time schooling in a state collage was inspired by Cato’s promise of giving $40,000 after graduation. Another, observation is that there was no consideration given by the promisee in that context. In some other jurisdictions, a promise without a consideration is not enforceable. However, for this case, under the doctrine of promissory estoppel the promise can be enforced.
The decline of promissory estoppel states that, when a promise is given irrespective of the lack of a consideration to support it, ...

Introduction

Securing a market for one’s products is the main concern for any producer. Regardless of the good in production or service in delivery, finding customers to the good or service is a major issue. It is the duty of the producer to come up with a unique strategy to acquire a wide customer base. For businesses that wish to achieve tremendous returns, going global is their main concern. It is the dream of my company Microwave Meal to reach a global platform. Gaining global operations calls for exclusive sacrifice and consideration of various factors. There must be proper understanding of the market entry ...

BUS/475

Introduction
Strategic planning entails a consideration of key factors that affects an organization’s operations hence a need for a comprehensive analysis of both external and internal factors for the purpose of identifying aspects that needs to be addressed. In that respect, this analysis seeks analyze the factors and trends that affect Windy City Deli operations and how well the business adapts to the market changes. Further, the business supply chain is analyzed and the prevalent and potential opportunities as well as issues identified for consideration in strategic planning.
- Environmental analysis
An organization’s operations are usually subject ...

Introduction

There are several options open to Acme Fireworks. As a sole proprietorship, the owner is able to hire employees. The biggest benefit of a sole proprietorship is the easiness of dealing with taxes and the easiness of running the business. There are some drawbacks to being a sole proprietorship, such as the fact that the owner is personally liable for any legal situation that arises through various contracts or business deals (Dishman, 2010). The owner of Acme Fireworks should strongly consider upgrading his sole proprietorship because the business contracts appear like they may be permanent; regardless, as Acme is ...

Epic poem Aeneid composed by Virgil presents reader with legendary adventures of ancestor of the Romans – Aeneas. It reveals all the hardships and tricks of fortune that Aeneas had to overcome in order to get to Italy. Gods` intricacies along with glorious battles illuminate not only Aeneas`s thorny path to fulfill his duty but also shows characters` diversity and complexity. It should be mentioned that almost all characters in this poem are controversial and cannot be fully considered as positive or negative. Therefore, their actions may be considered to bear dichotomy which complicates their interpretation as well as ...

Personal Worldview

A majority of human beings reflect on their existence as well as the universe. In this regards, many questions abound concerning their respective purpose and what happens upon the completion of one’s life on earth, as well as the existence of a Higher Power (O’Brien, 2011). These questions are integrated in the context of modern health in an attempt to understand spirituality and its relevance in Managed Care.

Spirituality is related to a range of different meanings in consideration to other contexts such as sociological and philosophical elements. Flanagan (2010) takes a sociological consideration and relates spirituality ...

Improving Communication Competence

Human interactions would not be possible without proper communication. The transfer of information from one individual to the other allows individuals to understand each other and as such take relevant action. In a world that has rapidly developed over time, communication plays a significant role towards this advancement. Therefore, the importance of the process cannot be stressed enough. In this case, interpersonal communication does not only happen automatically, but is one that takes into consideration the participation of individuals in the process through different ways, whether this is done consciously or subconsciously.
The complexity of interpersonal communication stems in ...

Introduction

Over the years, tourism has developed as the world’s fastest growing industry and hence the largest sector for most economies. Accordingly, it has become one of the extensively implemented development strategies within national and regional sectors, repressing effective, and for other countries the only means of obtaining social and economic development that is considered elastic. However, at the same time, it can prove to a casual observer that tourism, as well as tourists, has increasingly become exposed to risks, disasters and crises that have often threatened the tourism industry. To some extent, this has contributed to negative impact ...

Problem-solving and decision making has ever been the main reason for the continuous need for and acquisition of knowledge. However, the complexity of various problems and the information available to make decisions requires more information and knowledge is not available from one main source. Being the most complicated field of study due to the unpredictability, human behavior, emotions, and personalities require more consultation and involvement to deal with (Zey, 2008). As it is in many cases and with our case study here, a case may seem simple when viewed through the eyes and the theoretical study of one profession. ...

Following the guidelines of course ID guidelinesStudent’s nameUniversity

Introduction
In this paper a brief description of employment-at-will doctrine has been presented to show how a Chief Operating Officer can tackle a number of personnel problems of an organization with the help of a number of ethical theories and ethical consideration. As the Chief Operating Officer a number of scenarios have to be dealt with where one can find unethical use of empowerment with the employees to force them to leave the job. Therefore it is the duty of Chief Operating Officer to investigate such unethical scenarios to make correct decisions whether the employment-at-will doctrine has been breached or not. Considering the ...

Introduction

Chateau Margaux prides itself for staying at the cutting edge of wine production for past many centuries. There has been a great spike in their popularity since 1912 now. The company enjoys the privilege of having two brands already introduced: First Wine and Second Wine. Both have received massive appreciation and adoration from wine-lovers dwelling in diversified locations in the world including France, Germany, Italy, Australia, and several American States.
Most recently, the company has decided to launch their third wine, and this paper consists of the comprehensive business model with relation to this new business idea. It covers ...

Introduction

How and why focusing on plans does not work because it does not give adequate consideration to the situated action is a sociological topic that most people have been able to debate in the past; and have come up with theories and explanations. Different authors have tried to explain their views, and a careful look into what they propose leads this discussion into the conclusion that it is difficult for plans to work since they do not give adequate consideration into the situation in action.

Discussion

First Suchman identifies the relationship between the plans and the situated action; she says that plans ...

Business Law

1. List and explain the four (4) requirements of a valid contact and the two (2) defenses to the enforceability of a contract. Cite and explain two cases from the textbook that discuss contract law.

Agreement (Offer and Acceptance).

When one party proposes something to another, he is said to make an offer. If a party agrees to the proposal without any change in it, he is considered to have made the acceptance of that offer. An offer is always confused with an invitation to treat. Advertisements and displays in shops are the examples. They are not offers, but an invitation to treat. An acceptance must ...

Various issues that come up within an organization require exclusive considerations to resolve. They are special and require unique strategies to execute. In this case, there lie problems within the HR department of an organization that calls for unique strategy to deal with them. There are numerous demerits come with the use of unions in handling certain issues of the organization. The employees do not want the unions to interfere with their elections as they want exclusive democracy without the unions. As the HR director, I have to support that the unions do not have the opportunity to control ...

Introduction

Tourism is an important part of development. It could not be denied that in line with the concept of globalization, nations from around the globe has created a distinct strategy that they ought to adapt to especially when it comes to making an impact on how the world develops a better sense of what they could offer the industry of tourism. Through expanding their options, nations have become more concerned as to how they are going to improve their strategies especially in making a distinct impact on the reputation they hold in the international market. At present, tourism is considered as one ...

Answer to philosophy questions

Judgments especially on the analytical realm, call for predicates that are wholly held in their given subjects. It relates to the fact that they never add any value to the given postulated idea of the prospective subject. It, therefore, brings out the absolute explicative nature of the latter and might be derived from the renowned non-contradiction guidelines. Those judgments that stem from the synthetic realm, in line with their own consideration relate to those with predicates that possess a unique stance from their given subjects. However, their predicates are always assumed to relate due to some genuine association with other ...

Virtually all laws that govern today’s civilization draw their influence from the England and Wales. The laws in these countries were arrived at through tribunals and precedents made by judges. The precedents are also known as case laws. These are previous legal decisions arrived at by judges which are used in similar subsequent scenarios or instances. They were also informed by the then governing customs societal norms. These laws provided for the protection of individuals and property. These laws were known as common laws. Common law made way for civil law that also draws its roots to England ...

According to Kathawala, Zhang, and Shao (2005), the term outsourcing has its roots in the mid-1980s, yet the idea of hiring employees to carry out specific jobs in firms has been in existence for the past hundreds of years. Outsourcing is everywhere in business in large and small firms, complex and simple businesses alike. In the 1900s, the practice was only specific for labor intensive and productive tasks in firms and other activities that fell outside the core competitiveness of a firm. In the recent years, the outsourcing market has changed dramatically with the emerging phenomenon now becoming a common and ...

Keep in mind that all of the free essays on our site are only the exampes, do not use them as your own.

Innovations under conditions of uncertainty- Normative model of innovation

Introduction

Innovation is one of the most important aspects in most of the business organizations as they strive to attain their goals and objectives. It brings about changes in the traditional way of management to new and improved methods. All these methods will try to answer questions that are usually presented to managers regarding the value of the products and services offered these organizations (Davis& Scott, 2007). The need for to coming up with characteristics that can stimulate innovations is paramount to organization’s success. Furthermore there is need to provide a conducive environment where such innovators can thrive ...

Law

Introduction
Employment contracts contain non-compete clause which prohibit employees who leave an organization from working with an employer in the “similar line of trade or business for a specific period of time” (Mathis and Jackson, 2011). The non-compete agreement may be presented as a separate contract or a clause in the contract that is primarily being used for newly hired employees. There had been several court decisions which have ruled against employers who terminated employees for the refusal of such employees to sign the non-compete agreement. Creating a non-compete agreement will require that the contract shall have a geographical and time limitations, should ...

Business law

Introduction
In every day, people enter into contracts without noticing. For instance, when we take seats in a certain bus, we enter into a contract but we do not realize. Going into a restaurant and taking snacks also amounts to being into a contract. In cases of individuals engaging in commerce, industry, or trade, they carry on their businesses through entering into contracts. Law of contracts actually varies from the other divisions of law in very crucial respect. This law does not essentially lay down many rights and duties that are precious and which it will enforce and protect. Rather, it contains ...

Bright Light Ltd

Bright Light Ltd is a company that manufactures fluorescent bulbs. This company has been in existence for one decade now and during this time it has proved to be a reliable organization since it has been producing high quality bulbs. In the past, the company has been able to capture a considerable market niche due to the energy saving nature of the bulbs. Some of the bulbs produced by the company use 20-40 percent less electricity compared to the incandescent bulbs. Even though the company produces high quality bulbs, it has not been able to acquire a competitive advantage over other firms in ...

Jim and Laura intend to buy a car, and upon visiting a dealer, they agree to give $100 deposit to hold the vehicle for a day. However, Jim and Laura later change their minds on purchasing the car upon which the dealer insists that the $100 deposit was meant to be part of the contract to purchase the car. The case raises important issues with regard to contract law. Therefore, before analyzing the facts of the case, it is essential to evaluate the various aspects that constitute a legally binding contract.
An essential element of a legally binding contract ...

1.0. Introduction
Gone the days when merely price tag and quality were the main determinants of the buying decision for any consumer. Today’s consumer based on growing awareness is much more concerned about the ethical status of the tools and methods utilized to produce, handle, and deliver a product or service. This emerging category of judgmental customer has also influenced the theoretical background as well as several practical considerations in the domain of business. One of the most important contributions of this tendency is the emergence of ethical consumerism on part of customers and corporate social responsibility or ...

The drafting of the valid agreement between the parties of the contractual relations is the key pillar for the maintenance of the credible business relations with the occurrence of the relevant rights and responsibilities between the participants of the contract. Based on the validity of the agreement, it is possible to prove the attitude of one party to the another one, interpret the scope of the rights and several other moments in terms of the contract law. With that, the validity of the agreement is grounded on some points based on which the findings regarding its force may be ...

What are the problems facing SG in 2010?

Scientific Glass is a provider of specialized glass equipment to a variety of organizations which include research laboratories, pharmaceutical companies, and testing facilities. The company faced inventory management problems in 2010 and it is these problems that are the focus of this write-up. As of January 2010, SG noted a substantial increase in the level of inventories (Wheelwright & Schmidt, 2011). The implications were that the company noted increased levels of tied-up capital. The debt to capital ratio rose beyond the target level of 40% meaning that the organization could not use the capital in other areas. Further, the company’ ...