Introduction This report will discuss the different approaches to concurrent delays in construction contracts by reviewing various construction cases where disputed have arisen. I will also analyse the findings in the recent Court of Session case of City Inn v Shepherd Construction (2010) and assess …
Corporate governance deals with the ways in which a firm protects the interests of its investors, lenders, and creditors. It’s the process and structures used to direct and manage business affairs of the company towards enhancing prosperity and corporate accounting with the ultimate objective of …
“FRS 5 addresses the problem of what is commonly referred to as ‘off Balance sheet financing’. One of the main aims of such arrangements is to finance a company’s assets and operations in such a way that the finance is not shown as a liability …
Compare and Contrast If I had to pick a world over my society and Jonas’ Society I would pick Jonas’s world. The reason I would pick Jonas’s world because one, in our world we get to pick or spouses but yet 50% of the time …
Major Facts: ?System specifications not clearly defined ?Contract wording is partial to S. O. Software ?Spares management module is a disaster ?Spares management module currently complicated and un-useable/outdated ? Spares management module behind schedule ?Regional and centralized inventory management system behind schedule ? S. O. …
Outline different viewpoints around an issue of public concern relevant to the sector. The different views the public have on certain cases are Lack of trust, the police and social services not doing their Jobs very well, Lack of training for example staff not knowing …
A bank advertises home loans at low-interest rates for its account holders for three months. Toward the end of the second month, the bank withdraws the offer. Sam opens an account with the bank because of the offer. He is, however, a little late applying …
This type of entity will provide the control of a sole proprietorship while placing liability on the business rather than the individual. Fireworks have the potential to be dangerous, causing serious damage to both people ND property. The potential for liability associated with the use …
There are four elements to a valid contract. At least two separate parties entering into an agreement: The agreement can be between two people, or one person and a company or between two companies. The parties are qualified to agree to the terms and conditions …
Relevant Facts Our Client, Froogle (“Froogle”) has retained our firm to file suit againt Mary, a small manufacturer and retailer of downhill snow skis. Froogle and Mary signed an agreement in January of 2012. On or about March 15, 2012 Froogle discovered that Mary had …
Introduction The concept of party autonomy provides the fundamental basis for modern international commercial arbitration law. As a result, it is widely considered to be “the most important characteristic of legislation within the field of arbitration.”[1] Party autonomy enshrines “the fundamental freedom of parties” to …
Was outsourcing the APP project the right move for Texan given the other possible alternatives? Outsourcing has seemed to acquire a rise In popularity and usage In our modern times. Outsourcing involves entering into a contract in which an in-house company process, or processes, is …
What aspect of business excites you most? How do you hope to contribute? Business is my passion, as it is my long time ambition to become a businessman. I am most interested in the financial aspect of business, as well as the present business triangle …
As Vice President at Clear Hear, I would like to address some issues that have come to light with our manufacturing of cell phones here at Clear Hear. I have taken economic conditions into consideration and will offer my recommendation that will increase revenues for …
Introduction Income statements are of crucial importance to users of financial statements, particularly investors. It is vital that revenues are properly recognized when preparing income statements to give a fair view of profitability of the associated company/firm. Thus investors are not misled while making decisions …
Introduction: Lean synchronization is an emerging practice that seeks to streamline the ‘flow of products and services in order to eliminate waste. The aim of this paper is to identify the strategic operational issues in relation to A&B Partners (a law firm referred to as …
Introduction As a Common Carrier the ship Owners/Master are absolutely responsible for the safe carriage of the Goods and for the delivery of a same, without un-reasonable delay, at the destination in the same Apparent Order and a Condition as was received. The contractual obligations …
In today’s business environment, disputes are inevitable. Disputes are handled through dialog, resulting in both parties being satisfied, but often disputes can become very serious, involving legal action. Disputes in a workplace may occur among any of the organization’s stakeholders, e. g. , between employee …
There are many definitions of the term “contract”. Usually, contract is defined as any agreement between two or more parties i. e. organizations, businesses, government agencies or individuals with the purpose to exchange something of value. Generally, contracts are presented in written form or seldom …
The work undertaken so far has proven that the development of a process map is gaining momentum within the construction industry as a whole. The Lethal inspired CRISP (Construction Research and Innovation Strategy Panel) community has in principle adopted the Process Protocol as a basis …
A risk is, consequently, a hazard that can derail an organization from accomplishing a business process, project, or any activity that is vital to a company’s sustenance. There are different classifications of risks: financial, operational, infrastructure, human capital, and marketing risks. These risks embody subcategories …
Introduction Revenue is a key element to the users of the financial statements, in assessing a company’s performance and prospects. However, revenue-recognition standards in U.S GAAP differ from those in IFRS, and both sets of requirements are considered to be in need of improvement. In …
Introduction As per this scenario own vessel was on a voyage charter,if on a voyage charter the ship owner provides the charter party with details of ship particulars,capacity and Registry. The ship shall proceed with reasonable dispatch.Vessel shall proceed with Reasonable dispatch,after this the owner …
Pursuant to the above, FL therefore forwarded to CT an invoice of pursuant to Clause 10 of the Agreement. However, by Act’s analysis, there were errors In the computation of PPTP In the 2009 tax assessment Issued by FIRS. CT Is also In disagreement with …
Types of Contracts The risk shared between the buyer and seller is determined by the contract type. Although the firm-fixedprice type of contractual arrangement is typically the preferred type which is encouraged and often demanded by most organizations, there are times when another contract form …
At will employment Actually at will employment is alternative approach to human resource management. At will employment is called usually either hired at will or employment at will meaning that employment is “presumed to be voluntary and indefinite for both employees and employers”. Simply saying, …
As the Chief Financial Officer of Community Memorial Hospital, I realize that it is important for all individuals to get the full benefits of their insurance and to be able to get their claims processed in a timely fashion. I also realize the importance of …
Public policy consists of fundamental principles which look into the legal system of each state in the United States. It oversees moral, social and economic values which make the society live together and for people in it to conduct their endeavors in a legal way. …
The Competition and Consumers Act (CCA) 2010 aims to enhance the welfare of Australians through the fair-trading of businesses and incorporating provisions to enhance consumer protection. This has a large impact on marketing practices exploited by Australian Businesses. The Competition and Consumer Act is a …
A contract is a mutual agreement which is enforceable in a court of law. The year thirteen business studies team organizing the Prague trip for the year twelve students had signed several contracts thereby agreeing to them. There is a criterion that each contract must …
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