OC93574

The practice of the ceo also being the chair of the board is known as duality. While this practice is common in the u. s. , it is relatively rare elsew

However, in many jurisdictions the members of the company are permitted to ratify transactions which would otherwise fall foul of this principle. It is

Historically, because companies are artificial persons created by operation of law, the law prescribed what the company could and could not do. Usually

It is quite common for members of a company to supplement the corporate constitution with additional arrangements, such as shareholders" agreements, wh

The basic distinction between conditions and warranties is the same under both the. Sale of goods act and the general law of contracts. Alison saw a se

Because the sale of goods is subject to a codified statute. Many business transactions can be more easily created. Aidan gave a watch to marian as a b

The word corporation is generally synonymous with large publicly owned companies in united. In united kingdom, company is more frequently used as the l

In 2009, the international finance corporation and the un global compact released a report, corporate governance - the foundation for corporate citizen

The word corporation derives from corpus, the latin word for body. Entities which carried on business and were the subjects of legal rights were found

On august 1, brian contractually agreed to purchase a diamond from mila for 000. On that date, brian pre-paid half of the purchase price and promised

As a general rule, punitive damages will not be awarded for a breach of contract unless. Katarzyna contractually agreed to sell a painting to trent. Ju

Susan contractually agreed to sell a particular computer to davor for . Davor paid the money, susan refuses to actually give him the computer. A court

Pym had an idea for an invention. Campbell agreed to purchase a share of that invention, but only if it was approved within one week by two specific en

Discharge of a contract can arise through. Kitten inc was contractually obliged to pay to mavitten ltd on june 1, but failed to do so. Mavitten cannot

The doctrine of frustration is invoked when the contracting parties are both mistaken about some future set of circumstances that prevents them from ca

People may be held responsible for misrepresentations, even if they did not say anything, if. An exception to the parol evidence rule may arise if. Add

The traditional doctrine of estoppel, rather than promissory estoppel, requires proof. Of a representation regarding a past or present fact. The contra

Adults who have been declared mentally incompetent by the courts. Lawrence and jane were hammering out a deal over cocktails. Lawrence was totally plas

A contractual term is a promissory statement. Can be made by words or conduct. Actionable if it induces a contract by falsely characterizing the conseq

Bruce and rosie entered into an agreement. He promised to transfer a necklace to her mother and she promised to deliver a computer to his father. The p

The three essential elements to the creation of most contracts are. An intention to create legal relations, offer and acceptance, and consideration. Jo

Her uncle rocco agreed to act as her guardian until she became an adult. In that role, he borrowed money to pay for her education. She promised to repa

Patricia and charlie entered into a written agreement. Charlie placed his seal on the document, but patricia did not do so. Three days later, charlie p

In a supply chain, the stock management system willidenifty the available stock at each point in the pipeline so that adequate time is provided for pro

Eukaryotes have 80s ribosomes, each consisting of a small (40s) and large (60s) subunit. 40s subunit has an 18s rna (1900 nucleotides) and 33 proteins.

Implementation of two-sided platform pricing strategies. (1) exchanges: ebay is the classic example of a successful two-sided exchange network. They ch

Eco lecture (1) even slight improvements in pricing can yield signi cant results. 8% pro t margins, a 1% improvement in price realization, assuming a s

One optimal use for it pricing software systems is when there is an externality problem. A good example is road congestion pricing, where a city prices

Relative to buying two servers from atlantic"s competitor, by buying one doubly e cient server from atlantic, a rm would save ,000 in labor costs, in

Since customers are unlikely to understand the value that implies, they may have to price below evc when they release their hardware (allegedly) in 201