How would you use the IRAC method to answer this case study? Jim offered to buy James’s Porsche motor vehicle.  Jim gave James 2 weeks for an answer. Two days after,  Jane offered to sell her Porsche motor vehicle to Jim for which he was very excited to purchase because she had the latest model.   Jim called James and told him personally that he is no longer interested in purchasing his Porsche.   James is very upset, because he was keen to sell.  He is of the view that Jim cannot withdraw his offer because the two weeks has not elapsed.  He knows that you are a business law student at Open Campus and sought your advice on the matter. Advise James. Will your answer be the same, if Jim failed to communicate to James within the two weeks that he no longer is interested in purchasing James’s Porsche motor vehicle and James accepted on the last day of the end of the two weeks?

Alcohol

Sample Question and Answer:    Question: James was elderly, disabled, and afflicted with very bad arthritis.  One day, his 20 year-old neighbor pulled James’s chair out from under James.  The girl said she didn’t mean to hurt him. James was not amused and sued the girl for damages.  Will James likely be successful?  Yes_____  No_____  Reason [Please state the rule(s) of law and your analysis] Answer: James would likely win for the tort of battery which is the intentional harmful or offensive touching of another (the “rule of law”).  Analysis: Jokes and pranks are capable of resulting in battery.  The chair was pulled out intentionally, which caused offensive contact between James’s body and the floor, in that, the chair was arguably within James’s zone of personal bodily integrity and, thus, an extension of his body.  The fact that James was not physically injured is irrelevant.  All that matters is that the girl intended the act or knew with substantial certainty of the consequences…

Caribbean Pharmaceuticals Inc. (CPI) recently released a revolutionary new cancer drug (Vincenzio), which has the potential to change the entire health landscape. With the need to promote the drug in new and existing markets, CPI had to increase its sales staff and train them on all aspects of the drug’s efficacy. Because of industry regulations, the company (CPI) designed a blended learning programme, which included teaching sessions with instructors covering the information sales reps would need to know in order to be able to explain the drug to the company’s customers (i.e., prescribing clinicians, pharmacists and other medical practitioners). The blended learning format adopted by CPI facilitated access (on the company’s intranet), to more than 100 hoursof videos, doctor interviews; and 2,000 pages of text about the results of in-depth drug trials. This blended learning approach to the delivery of the training programme, also included a 3-day face to face intensive classroom…

Alpesh

Read the case study and answer the question: RJ Booker, a real estate firm based in Milsons Point, Sydney, emailed Mimi. Mimi had a friend working at RJ booker and she told her that she wanted to sell her unit. The unit was located on the 19th floor of a modern apartment building located in Milson’s Point, almost beside the entrance to Luna Park. Gustavo, the franchisee and principal of RJ Booker in Milson’s Point, asked Mimi if the firm can be her exclusive agent in the sale of her unit. Gustavo explained that if they located a qualified buyer, RJ Booker would be entitled to the standard Real Estate industry commission rates for agents. Currently, this was about 3 percent of the purchase price. Mimi agreed and signed the agency contract. Within five days, Gustavo called Mimi and told her that he had found a buyer for her unit, Alisa. Alisa had told Gustavo that she was ready to buy Mimi’s unit “as per contract” and “depending on the result of a property inspection”. The very next day,…

According to a recent study of approximately 347 financial statement frauds by the law enforcement agencies, senior management is the group most likely to commit financial statement fraud. The CEO was involved in 72% of these frauds, and the CFO’s involvement was 65%. Either the CEO or the CFO was involved in 89% of the cases. Motives for senior managers to commit financial statement fraud are varied. Following are questions which might help to better understanding the reasoning behind. (a)  Appraise the reasons senior management would overstate or understate business performance. Elaborate. (b)  Why would CFOs cook the books even though they know that it is against the law? Elaborate.

Carter cleaning company The Job Description Based on her review of the stores, Jennifer concluded that one of the first matters she had to attend to involved developing job descriptions for her store managers. As Jennifer tells it, her lessons regarding job descriptions in her basic management and HR management courses were insufficient to convince her of the pivotal role job descriptions actually play in the smooth functioning of an enterprise. Many times during her first few weeks on the job, Jennifer found herself asking one of her store managers why he was violating what she knew to be recommended company policies and procedures. Repeatedly, the answers were either "Because didn't know it was my job" or "Because I didn't know that was the way we were supposed to do it." Jennifer knew that a job description, along with a set of standards and procedures that specified what was to be done and how to do it, would go a long way toward alleviating this problem. In general, the store…

State and describe three (3) potentials grounds for overturning an NLRB election.

Pacific Southern Airlines (PSA) had an unhappy customer. Cynthia Mercier-Walters flew from Philadelphia, Pennsylvania, to Phoenix, Arizona. The flight stopped briefly at Hartsfield-Jackson Atlanta International Airport, where she got off the plane for half an hour. When she returned to her seat, her $400 prescription reading glasses were gone. She asked the flight attendant where the glasses were, and the attendant said they probably were thrown away since the cleaning crew had come in with big bags and tossed everything in them. Ms. Mercier-Walters tried to locate the glasses through the airline’s lost-and-found service, but she failed. Then she wrote a strong letter to the airline demanding reimbursement for the loss. She felt that it was obvious that she was returning to her seat. The airline, however, knows that an overwhelming number of passengers arriving at hubs switch planes for their connecting flights. The airline does not know who is returning. What’s more, flight attendants…