2187 words | 5 Pages
Introduction Business law also known as commercial law is a term that refers to a body of rules and regulations that govern business persons whether by gentleman’s agreement, national or international legislation. These rules enable two or more individuals to conduct business matters swiftly without...
605 words | 1 Page
A contract is a agreement of rights and obligation prepared between 2 or more parties that are accepted and enforceable by law. There are 4 vital action needed for the formation of the contract that includes offer, acceptance, intention to create legal relation and consideration....
1206 words | 3 Pages
The formation of a contract is an agreement of individual, business or any other entity that has been made between two parties and there is an exchange of something given or done by one party. There are 2 types of contracts, unilateral contract and bilateral...
2644 words | 6 Pages
The aim of this assignment is to learn to apply particular aspects of the business law to practical issues. Every community or groups require sets of rules among themselves in order to regulate the actions of the members and balance the various interests of different...
2928 words | 6 Pages
Introduction Mergers and acquisitions are the new trends of business, especially at international levels. Over the last decade, companies have adopted this move as a way of minimizing competition, expanding trade and meeting the diverse customer needs (Coyle, 2000). The extension of this move to...
1726 words | 4 Pages
At the startup of House and Holmes, it was decided that a Limited Liability Partnership (LLP) was the best organization type for Chuck and Ben to start their House and Holmes Company. However, now that they have taken on business loans, have hired a crew,...
639 words | 1 Page
Choosing the type of business ownership is a very important aspect of starting a business as it determines various legal and operational issues that affect a business. There are many types of business ownerships that can be established when starting the restaurant business. The most...
358 words | 1 Page
Anticipate what business law may look like 20 years from now and give your opinion on what you believe students will need to know in order to be successful in the field. Provide a rationale for your response. Business law entails all the laws that...
2134 words | 5 Pages
Introduction In every corporation, there are some individual bodies who act on behalf of the company and they are known as officers of the company. But such officers need not be a director or employee of the company every time. From every officer of the...
668 words | 1 Page
There are various ways in which a statement can both be untrue and sure to cause offense. There are also multiple ways of determining whether the report can be made illegal or not.Any announcement speaking of your items or administrations ought to be valid, exact...
665 words | 1 Page
Arthur Andersen, the auditor for Enron, was besides Enro blamed for much of the accounting related accusations. Sauviat argues that Andersen was merely the scapegoat in a much broader case of accounting misconduct all over the market. Although it is true that Enron was the...
877 words | 2 Pages
From the 1990’s until the unfortunate scandal in 2001, the Enron Corporation was a household name in the global business community. The company was well-known for her innovations, state-of-the-art technology and daring spirit in business. The unenvisaged fall of Enron in 2001 had a devastating...