Chapter 9 Business Law Outline - 1271 Words

Chapter 9 Outline Chapter 9 Legal Capacity to Contract Contractual capacity is defined by the law to mean the ability to understand the consequences of a contract. * What is Capacity? * Parties who have special contractual rights due to a legally recognized lack of such capacity include minors, the intoxicated, and mentally impaired. All of these parties are said to be incapacitated. * Minors are defined as individuals under the age of majority to contract. This is the age at which a person is entitled to the management of his/her own estate (18 in most states). * A person who has not yet reached the age of majority is called a minor. * Minority, or the state of being below the age of majority, ends the†¦show more content†¦* Who has contractual capacity in organizations? * Some people who work for businesses or other types of organizations have the capacity to bind the organizations to contracts. * Scope of authority – range of contractual acts the organization has authorized a person to be responsible for. * Capacity to contract can be granted when the employer tells an employee that he or she is authorized to bind the organization. * Capacity can be created when the organization leads others to believe that a person has certain authority. Disaffirmance means a refusal to be bound by a previous legal commitment. Generally, a person lacking contractual capacity can disaffirm a contract for necessaries or goods or services that are not necessaries * Any time while still under the incapacity * Within a reasonable time after attaining capacity * WHAT MUST BE DONE UPON DISAFFIRMANCE? After attaining capacity, a person may ratify the contract made while under an incapacity. Ratification is action by the party indicating intent to be bound by the contract. Ratification may consist of either of the following: * Giving a new promise to perform as agreed, or * An act that clearly indicates the party’s intention to be bound. * WHAT MUST BE DONE UPON DISAFFIRMANCE? In all states, when a minor disaffirms, anything of value the minor received and still has must be returned. The minor in then entitled to get back everything that was given toShow MoreRelatedBanking Course Outline1060 Words   |  5 PagesCarleton University Course Outline COURSE: TERM : PREREQUISITES: CLASS: Day Time: Room: LAWS 3206 A – Banking Law Fall 2010 Department of Law LAWS 2003 [1.0] (no longer offered) or LAWS 2202 or BUSI 2601 Fridays - 11:35 am - 2:25 pm Please check with Carleton Central for current room location Sam Schwisberg INSTRUCTOR: (CONTRACT) CONTACT: Office: Office Hrs: Telephone: Email: Loeb C476 Fridays immediately following class as needed 613-740-1965 samuel.schwisberg@redcross.ca StudentsRead MoreCorporate Social Responsibility and Single Strongest Argument1106 Words   |  5 Pagesenvironment that create an atmosphere in which business criticism takes place and prospers. dasdasdassadasdasdadadasdadsdadasdasdassssssssssssssssssssss- ssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss- ssssssssssssssssssssssscourse? Or is it still a vital reality? 4. Give an example of each of the four levels of power discussed in this chapter. Also, give an example of each of the spheres of business power. 5. Explain in your own words the Iron Law of Responsibility and the social contractRead MoreStrategy Book Reviews and Five Product Strategy Plans1000 Words   |  4 PagesCrainer and Dearlove, 2014, chapter 1, last para.). Book 2: Strategy in Practice Tovstiga’s (2013) book requests readers to focus on practical strategic thinking rather than only relying on classical strategy theory. Tovstiga (2013) provides three simple high-level frameworks for strategy analysis, ‘value proposition,’ ‘unique competing space’ and ‘opportunity-response’, to answer the pertinent questions of business strategy – where, how, why, what and when (chapter 5). Further, Tovstiga (2013)Read MoreCompany Directors Of The United Kingdom : Annotated Bibliography1437 Words   |  6 PagesNovember 2016 This newspaper article brings out a good practical example of the law of disqualification of directors in the United Kingdom. Craig Whyte has been disqualified from being a director for 15 years; the maximum number of years a director can be disqualified, because he failed to avoid conflict of interest. The article sets out details of his offenses which include failure to consult other directors on business decisions, making the club enter into a deal which made it fund its own sharesRead MoreEssay on The Riksdag: Swedens Monarchy-Democratic Government1415 Words   |  6 Pages The constitution of Sweden is made up of four fundamental laws as well as other laws that protect the democracy as well as the freedom and basic rights for its citizens; the laws outline the basic rules for all political decisions and conflicts. 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Literacy Narrative - 769 Words

INFINITE Final Draft 18/3/13 Word Count: 777 I never understood the point of reading. My parents first introduced my siblings and I to its world at the early age of two. We were familiarized with letters, taught to link sound the visual and formed words with a stuttering start. We became accustomed to the quiet of Tuesday nights when my father would sit huddled on the sofa – my mother curled up in bed – his long nose buried in a novel, a black curtain cascading from her head to the pages, morphing into one with their respective books. As the night drew close the browns of their eyes would light up, while my mother’s red lips would quiver with excitement and my father would flash a lopsided smile. â€Å"Reading is an adventure,† they’d†¦show more content†¦His sun kissed skin was sprinkled with grubby marks and one of his top teeth was absent as he chuckled. His black hair flopped down over his eyes as he stared intently into a book held tightly in his hands, seemingly ignoring the ch aos I saw around him. The blue of the cover stood out amongst the neutral tones, and the word â€Å"infinite† stood out to me. This moment, which is forever replayed in slow motion, is when that area of darkness began to shine. My parents were raised in the third-world country of India, lucky to escape extreme poverty, but living in poverty nonetheless. They grew up on the principal that literacy was their only escape from the life they lived. They understood what it was to have nothing and realised that millions of other people around the world would never get the same chance to escape - like the boy with the book. This is why we were taken overseas; to be shown how lucky we are, even to have the simple things. I’ve never looked at a book the same. I now allow myself to get lost amongst the words, the characters, the scenes; they all become real in my mind. I have a hunger for books and the stories that can remove me from my surroundings. It came to my attention much later on, that the boy on the road probably didn’t even know what he was reading – the title was English and he most likely spoke Mandarin. It was just a way to escape hisShow MoreRelatedEssay on Literacy Narrative1404 Words   |  6 Pagesbackground and each has the right to be literate in the way that they desire. They were given the right to freedom of speech through the First Amendment of the Bill of Rights and therefore, have the right to speak in their own native language. Literacy plays a major role in the lives of humans today. It gives us the power to read, speak and write and is therefore a valuable asset to society and the development of its economy.Read MoreEssay about Literacy Narrative139 7 Words   |  6 Pagesbackground and each has the right to be literate in the way that they desire. They were given the right to freedom of speech through the First Amendment of the Bill of Rights and therefore, have the right to speak in their own native language. Literacy plays a major role in the lives of humans today. It gives us the power to read, speak and write and is therefore a valuable asset to society and the development of its economy. Read MorePersonal Narrative: My Journey to Literacy Essays829 Words   |  4 PagesMy achievement of becoming literate in both English and Spanish, after overcoming a myriad of obstacles distinguishes my literacy history. Writing was one of the things I didn’t like to do as a child. I always thought writing was a waste of time and that I wasn’t going to need it in life. Even though I didn’t invest much time writing, I was one of the best writers in all my classes, probably because I was very dedicated in the other subjects and I loved reading adventure books. 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The Exorcist free essay sample

A look into horror movies with a focus on the film, The Exorcist. This paper examines the genre of horror movies with focus on the movie The Exorcist. The author provides detailed analysis o the film, its events and characters and explains how and why this film falls into the category of horror genre films arousing images and superstitions and reflecting thoughts from our psyches and our personal and social world. Horror is genre that can be defined under certain character types and story elements. The horror movies can be supernatural, biological or psychological. It can take place almost anywhere. The horror film becomes a reflection of the fears of the audience who cannot face the reality or fears that they have in their life. In the horror films they see a method to face their fears. It is a function by which reality is transformed into fantasy and faced with bravado. We will write a custom essay sample on The Exorcist or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The horror genre projects images of our superstitions as the points of focus: our own psyches, science and technology, pain, death, the dead and all forms of hostile forces which may at any moment intrude upon our patched up social and personal worlds. Thus, they are most feared and most appreciated. The Exorcist was one such movie.

Stories from Vietnam

What do stories related by soldiers who fought in Vietnam tell you about the experiences of soldiers in Vietnam? How was this war different from World War II?Advertising We will write a custom essay sample on Stories from Vietnam specifically for you for only $16.05 $11/page Learn More The Vietnam War turned out to be one of the most tragic experiences of the twentieth century. Not only did it bring about death and sorrow inherent in any war, but it also led to dramatic social consequences and resulted in radical divisions among American families, communities, and the whole nation (Davidson et al., 2008). Opinions split as for the essence and necessity for the war, and the nation’s spirits dropped as thousands of American soldiers were perishing in a foreign land for no obvious reason. In the dissonance of opinions on the Vietnam War, it appears reasonable to turn to the first-hand experiences of the veterans and to draw real-life information from their stories. When reviewing the Vietnam soldiers stories published on The Vietnam Experience (2008) and Vietnam Stories Regarding War (2010) websites, one gets the general impression of depression and disappointment that characterize the veterans. Most of them confess that the Vietnam War has left an indelible imprint on their outlook and character, with some people getting stronger, others being weakened and destroyed for decades onwards (Vietnam Stories Regarding War, 2010). Joe Galloway confesses that for many of them the Vietnam War was â€Å"everything†, a defining moment in life that worked later on as a prism through which they judged the world (Vietnam Stories Regarding War, 2010). Roland Rocheleau’s memories reveal the hypocrisy and the lack of professionalism in the army officials who conducted show visits and prohibited taking pictures of real-life Vietnam (Vietnam Stories Regarding War, 2010). The same indignation at the mendacity of motives and tendency for disinformation among the official press is seen in Edward Ewing’s sketch: a journalists jumps into the safety of the helicopter out of turn and intends to simply brag his own deeds instead of objectively recording the army’s courage; a lieutenant colonel is awarded a medal although he was never present at the battlefield (The Vietnam Experience, 2008). Such injustice could not be overlooked by the soldiers who fought to their last breath for ideals of democracy.Advertising Looking for essay on history? Let's see if we can help you! Get your first paper with 15% OFF Learn More The abovementioned attitude of emotional rejection constitutes the core difference between the Vietnam War and the World War II. As contrasted to American fight against fascism for the greater good of the whole planet during the Second World War, the war in Vietnam appears a violent and unwelcome intrusion into a totally foreign territory which neither asked for help from outsid e nor needed it. The disturbed American society experienced economic and spiritual downturn, as the war overseas echoed in the domestic unrest (Davidson et al., 2008). The most dramatic part was that those soldiers who survived the terrors and injustice of war on the battle field returned home only to be met with the same injustice there. Contrary to the elevated moods that ruled the world after the victory over fascism, no triumphant reception of war veterans was held after the Vietnam War. According to the testaments of ex-soldiers, they faced distrust and ignorance from the civilians only for doing what they were told to (Vietnam Stories Regarding War, 2010). This cold and blaming attitude led to a huge social disaster of the Vietnam veterans who could never resume normal peaceful life again. In addition to the ghosts of the war horrors, they were haunted by public ostracism and condemnation which made their lives miserable and senseless. References Davidson, J., DeLay, B., Heyrm an, C., Lytle, M. Stoff, M. (2008). Nation of Nations. Boston: McGraw-Hill. The Vietnam Experience. (2008). Web. Vietnam Stories Regarding War. (2010). Web. This essay on Stories from Vietnam was written and submitted by user Adelynn Brooks to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.