Requirements that are needed for another country and foreign enforceable contract in protecting business interests
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Requirements that are needed for another country and foreign enforceable contract in protecting business interests
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- Explain how Public and Private business laws can apply to international contracts of sale of goods?What are the advantages to a business of obtaining protection for a geographical indication?Consider a case of a public entity thinking of procuring construction services for its citizens. The procurement manager is stuck between using a foreign or domestic supplier and making a recommendation for the appropriate procurement method. Q.1 Under what circumstances may the public entity use open domestic bidding? Identify and explain FOUR circumstances.
- Name Nature of Gontracts Guiz 1. A unilateral contract is a type of ontrast in which each party plays two roles: a promisor and a promisee, True False 2. A bilateral contract is a type of contract in which both parties play two roles: a promisor and a promisee. True False 3. For a contract to be valid, each party to a contract must receive something of value for their efforts, What is the legal term used to describe the value that each party receives? 4. For a contract to be valid, each party must have the same understanding of what is contained in the contract. What is the legal term used to describe this common understanding of the contract terms? 5. For contracts to be considered legally binding, they must be established based on lawful subject matter. Which of the following are not requirements that the subject matter must meet in order to be considered lawful? (Select all that apply.) The subject matter does not violate any fundamental dictates of common law. The subject matter…QUESTION 5 The ACCC wrote a media release which made the following claim: "To use Calvary medical facilities, a medical practitioner enters into a contract with Calvary granting them rights to use Calvary medical facilities. In March 2011, Calvary introduced a new set of by-laws that governed the conduct of medical practitioners who wish to use Calvary's medical facilities. The by-laws included provisions that allowed Calvary to refuse to grant, or to revoke, the right of a medical practitioner to use its facilities if the medical practitioner had become involved in the operation of a business in competition with Calvary." What is the name of the practice that the ACCC is alleging here? O Exclusionary Conduct O Predatory Pricing O Excessive Pricing O CollusionAccording to the Lebanese Law, an employment contract can be in all of the following forms, except Written or oral Fixed term or non-fixed term Trial for a period exceeding 3 months Expressed or implied
- Write an insightful paper on the different issues on contracts of security experienced in the local and foreign business.Amazing Food Berhad awarded Hardware Express Sdn. Bhd. an RM350,000 contract for developing and testing of two boilers in one of its plants. Hardware Express Sdn. Bhd. had spent the better part of the last two years developing proprietary boiler technology under its own R&D activities. This new contract would give Hardware Express Sdn. Bhd. the opportunity to showcase into the boiler technology leagues. The contract was negotiated at a fixed price. The original bid was priced out at RM380,000 by the Hardware Express Sdn. Bhd. biding division. With a consideration to get the company chipped into the new marketplace, Hardware Express Sdn. Bhd. management decided that they would buy in at RM350,000 so that they could win this one. The original estimate of RM380,000 was very "rough" because of Hardware Express Sdn. Bhd. did not have any good man-hour standards in boiler technology, in which to base their man-hour projections. Corporate management was willing to spend up to RM30,000 of…Discus the differences between the conventional insurances and the Takaful insurances trhat comply to Shariah Law Discuss how the companies may reduce their tax burden under the Income Tax Act 1963 of Malaysia
- America firms usually contract, with subpublishers to cover more than. one country. For example, it is common for a subpublisher based in germany to cover germany, austira, and german speaking switzerland, which makes up the territory of GEMA, the German performance rights organization. French based subpublishers would probably service by the french speaking territories in Africa and quite possibly the french speaking radio stations in luxembourg and switzerland which is the territory administered by the french performing rights organizations, Sacem. A scandanavian subpublisher would probably have jurisdiction over norway, sweden, denmark, iceland, findland. There is no one right deal for a U.S. pubilsher looking for overseas exploitation, since different approaches may suit different needs. Some independent U.S. publishers chosen to become direct members of the foreign PRO's for example. Any subpublishing situation, however, should ideally include a person on the ground in the country…–Said is the owner of a shop. He places a notice on the window advertising the sale of batteries at half price. What kind of notice? You should provide in your answer: 1- What kind of contract 2- Legal or not 3- Express or implied or Quasi 4- Unilateral or Bilateral 5- Your reflection and commentsA restraint of trade agreement that is unreasonable is regarded as lawful, valid and binding. True or false?
