Essays on Warranties

Introduction

Statements made prior to making a contract, as a rule, are not binding for the parties. At the same time, false or misleading statements made with the purpose of inducing another to enter into a contract can be found invalid, giving an innocent party the right to various remedies under the law. Under the common law, a victim of misrepresentation may be entitled to rescind the contract. Legislation, such as Australian Consumer Law, sets a pecuniary penalty in the event of breach of any of its provisions relating to consumer guarantees or false/misleading statements. Thus, the relevant case law ...

Introduction

This report has been structured and submitted to give insight regarding issues in health that are related to lighting and specifically the cost-benefit analysis that accrue due to the use of LED devices in the medical facilities. This is having in mind the fact that the research is linked to the people who serve as the medical practitioners and or engineers in the medical facilities. It applies the scholarly findings and analysis of these findings in a way that aims at coming up with clear reasons as to why the LED lighting should be considered as the best alternative ...

VIRGINIA PARTNERS, LTD VS DAY

The liability of persons in partnership is guided by the type of partnership they are in. There are basically two types of partnerships; the limited partnership and the limited liability partnership. In limited partnership the partners are personally liable for business excesses, debts and losses and as such are paid by dividing them among themselves. The limited partnership has partners divided further into general and limited partners. General partners are personally liable for all partnership debts. Limited partners on the other hand have limited liability up to the original investment in the business. From the case study Virginia Partners ...

Crazy Eddie, Inc. was established in 1969 by Eddie Antar who was a 21 year old high school dropout from Brooklyn. The company became a market leader in the retail consumer electronics business in a short span of 18 years. It had a total turnover of more than $350 million and a collective market value of $600 million by 1987. Crazy Eddie’s empire soon collapsed when a major financial scandal was uncovered at the end of 1987. Eddie Antar and his associates were found to be fraudulently involved in the overstatement of inventory and profits and the understatement ...

[Monti Cleaning]

Business Plan

Business Plan template 1 Business Plan Summary 3 The Business 3 The Market 3 The Future 4 The Finances 4 The Business 5 Business details 5 Registration details 5 Business premises 5 Organisation chart 5 Management & ownership 6 Key personnel 6 Products/services 7 Unique Selling point.7 Anticipated demand8 Risk management 8 Operations 8 The Market 9 Market research 9 Market targets 9 Environmental/industry analysis 10 S.W.O.T. analysis 11

Advertising & sales 12

The Future 13 Vision statement 13 Mission statement 13 Goals/objectives 13 Action plan 14 The Finances 14 Key objectives & financial review 14 Start-up costs for [YEAR] 15 Balance sheet ...

This report analyses the most recent financial reports of two companies; Sino Gas and Energy of Australia (2014), and Solar World of Germany (2015). Sino Gas and Energy reported total provisions of $97,166 that constituted 0.09% of the total assets. Solar World reported total provisions of k€ 49,466 that constituted 5.69% of the total assets. The provisions for the two companies are listed below in descending order based on their book values:

Sino Gas and Energy $

Other provisions 60,837 Employee entitlements 36,329 Total 97,166 Solar world k€ Warranties 24,653 Pensions 10,704 Litigation risks 9,190 Other ...

BUSINESS LAW QUESTIONS

Carlil v Carbolic Smoke Ball Company [1893] 1 QB 256; [1892] EWCA Civ 1 Carlil v Carbolic Smoke Ball Company is a leading case in Contract Law which discusses the salient elements of an offer, an invitation to treat and other relevant contractual concepts. The facts of this case are that Carbolic Smoke ball Company, while advertising the Carbolic Smoke Ball drug for influenza, advertised that; £100 would be rewarded to any person who contracted influenza having used the ball three times a day for two weeks. The Company added that £1000 was already deposited with Alliance Bank to ...