business law chap 9 - 2036 Words

DE PAUL UNIVERSITY COLLEGE OF COMMERCE DEPARTMENT OF MANAGEMENT BUSINESS LAW - 201 INSTRUCTOR: SAMUEL B. GARBER, M.B.A., J.D. PHONE: 312-362-6788 Course Description: Legal Environment of Business: History of law from the Common Law down to the present Uniform Commercial Code, including ethical considerations and social responsibilities fundamental principles of law pertaining to business and persons, contracts and principal-agent relationship. (Prerequisite: Sophomore Standing). Offered every term. Textbook: Smith and Roberson s Business Law, 15th Edition Course Design and Objectives 1. Informational: To acquire accurate and useful information concerning the various legal structures which shape legal†¦show more content†¦Then the steps regarding an appeal to a Court of Review, which differentiated from the trial court, the ruling of the Appellate Court and the steps that may be followed thereafter, until the litigation is finally concluded. Armed with this preparation, the students are then introduced to the definitions of contract; the classification of contracts into express, implied, unilateral, bilateral, valid, void, voidable, unenforceable, joint, joint and several, entire divisible and unconscionable. The four elements of a contract are then explained as being Capable parties; Agreement, arising out of an offer and Acceptance, Consideration and Legality of object. The next portion of the course is devoted to explaining and discussing, these various elements of a contract. Capacity: The ability of persons to make contracts as welt as the limitations some persons to contract is discussed, with particular reference being made to insane persons, adjudicated or otherwise; Intoxicated persons; Corporation aliens; Married Women - including the liability that aShow MoreRelatedHistory of Mass Media1150 Words   |  5 Pagescoherent discussion. SEMESTER JANUARY-APRIL 2012 SCHEDULE |WEEK |DATE |LECTURE |TUTORIAL |ASSIGNMENTS |DUE DATES | |1 |Jan 9 |Introduction to Mass Media Industries |Discussion on study case |NIL | | |2 | 16 |Books |Group Discussion Read MoreCapital Budgeting Assignment Question1321 Words   |  6 Pagestime. Let’s start with some definitions and simple examples according to authors, Emery, Finnerty and Stowe: â€Å"Time Value of Money: The value that a capital budgeting project will create—its NPV—depends on its cost of capital, its required return† (Chap 8, p. 189). Quick Example of use of NPV: â€Å"Suppose our example project has an initial cost of $8,000 and an NPV of $2,000, making up its present value of $10,000. Then the shareholders of this project will be putting up $4,000 and receiving $6,000Read MoreSyllabus1864 Words   |  8 Pages Seminar – Business amp; Society (BUS 682) Fall 2013 – Tuesdays Course Objectives: This course emphasizes the theories and practices of the ethical, social, environmental, political, and legal aspects of business decision-making and leadership practices. These areas reflect the mutual impacts of profit, non-profit and government organizations in the U.S. and globally on business stakeholders. Course activities will hone your critical analysisRead MoreStudy Plan1916 Words   |  8 PagesLWC1 STUDY PLAN CONTRACTUAL RELATIONSHIPS Chap Study Questions -10 1. What is the definition of a contract? An agreement between two or more parties for the doing or not doing of something specified. 2. Describe the various types of contracts. 1) Bilateral and Unilateral 2) Express and Implied 3) Executory and Executed 3. Identify and describe the theories of recovery in contract law. -17 1. What conditions would constitute a discharge of a contract? 1) Material breach 2) MinorRead MoreBus C110 Legal Environment of Business4571 Words   |  19 Pagestrial of some sort, whether military or civilian. Suppose also that the people of the United States favor such indefinite detention and that Congress wants to pass a law rebuking the court’s decision. What kind of law would have to be passed, by what institutions, and by what voting percentages?   In order for Congress to pass a law that rebukes the decision of the Supreme Court, according to Article V, two thirds of Congress and three fourths of states must make an amendment to the ConstitutionRead MoreEthics Somethings Rotten in Hondu Essay3087 Words   |  13 PagesTheory of Justice we are able to consider several ethical and socially responsible alternatives to George’s decision-making process. Ethics and social responsibility is the backbone of American businesses, or at least they should be. Whether a business or an individual has good or bad ethical standards they must uphold their social responsibilities and conduct themselves in a professional and ethical manner. Often, it is harder to go through with a morally correct decision even though they knowRead MoreSupply and Demand and Study Guide20292 Words   |  82 Pagescompare the performance of monopoly against that of perfect competition and look at arguments which assert that there may be circumstances where it may be more advantageous to produce goods in a monopoly market. Topics 8 and 9—Monopolistic competition and oligopoly Topics 8 and 9 look more closely at the real world of competition — monopolistic competition and oligopoly. These are market structures that lie between perfect competition and monopoly. These markets are important because most of theRead MoreBusiness and Law Cases3547 Words   |  15 PagesLec 4 Chap 29 United domains Corp v Brian Pty Ltd(p200): Was the agreement a joint venture or partnership? Decision: High court held that the parties were in a partnership; hence United Domain was entitled to share in profit. Canny Gabrial Castle v Volume Sales(p200): Canny Gabrial argued that the 2 companies were joint ventures Decision: Agreement was partnership Polkinghorne v Holland(p205): Was the giving of financial advice outside the ordinary business of the law firm, such thatRead MoreChapter 1 Assignment Acc 6041011 Words   |  5 PagesKhanh Le ACC 604 Chap 1 Assignment 1. What is meant by a business strategy? A strategy is a â€Å"game plan† that distinguishes the company from its competitors, so that it can attract customers and succeed. 2. Describe the three broad categories of a customer value proposition. Three customers value propositions: * Customer Intimacy: Company stays close to its customers and satisfy customers’ needs better than that of the other competitors. * Operational excellence: Company providesRead MoreArmy Essay2595 Words   |  11 Pageswere the foundations of his Reformation? 2: What legacy did he leave Europe? (Bentley Zeigler, Chap. 23) A: 1: POLITICAL INTRIGUES, COMBINED WITH THE CHURCH’S GROWING WEALTH AND POWER, ALSO FOSTERED GREED AND CORRUPTION, WHICH UNDERMINED THE CHURCH’S SPIRITUAL AUTHORITY AND MADE IT VALNERABLE TO CRITISISM. 2: IT LED TO THE CHURCH REFORM ALONG TO LUTHERS TEACHINGS, WHICH MANY CITIES PASSED LAWS PROHIBITING ROMAN CATHOLIC OBSERVANCES AND REQUIRING RELIGIOUS SERVICES TO FOLLOW PROTESTANT DOCTRINE