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- 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…4. Get well Company carried out advertisements about their product in India in February, 2020 to provide safety from a pandemic. They claimed that any person who took the right dosage of medicine in the prescribed manner (i.e., two times daily for one month) will not catch flu. In case someone does, the company promised to pay a compensation of $ 25 to them immediately. To show their sincerity regarding this offer, the company deposited a sum of $ 500 in a public bank. Raja bought the medicine and used it as prescribed in the advertisement, but still ended up catching the flu. He approached the company for recovery of the amount promised in the advertisement. The company denied the payment. Which topic has been covered in this scenario?Analyze how each side interprets the meaning of this contract clause. Whose position is more persuasive? Why? In 1947, Congress passed the Portal-to-Portal Act (a “portal is a doorway). This law said that an employer is not liable to pay workers for the time they spend traveling to work (e.g. an hour-long commute). It also excludes from compensable time, “activities which are preliminary to or postliminary to the principle activity or activities that an employee is employed to perform, which occur either prior to the time on any particular workday at which such employee commences, or subsequent to the time on any particular workday at which he ceases, such principle activity or activities.
- Objectives of comply or explain model of corporate governanceSubject : Accounting Explain how a change in consumer legislation affecting one of the products may affect Happy Eats ability to expand in-state and interstate (e.g. your company sold a product that contained materials that were subsequently banned in some states) (Based on Australia)Briefly outline 5 sources of Botswana law .
- Which organs of state are generally considered to be the client in the case of a construction works project governed by the Constitution Industry Development Board Act of 2000?Topic: Sale of goods Course: Business Law in Malaysia Discuss the nemo dat quod non habet rule and its exceptions under the Malaysian sale of goods law. (10%)State the requirements which must be satisfied before an agency by ratification can arise.
- Kindly Explain the following: 1. It harmonizes existing ethical standards among business operating in the Philippines. It ensures thatdifferentmarket players adhere to the same rule of the game in order to create fair market conditions andpromote transparency in doing business.2. the Code formally communicates the signatories’ commitment to upholding high standards of ethics in allbusiness transactions. It articulates the belief that securing profit at the expense of integrity is anunacceptable and unsustainable way of conducting business and that measures have been taken toenforce and cultivate integrity habits within the signatories’ respective organizations.Chapter 6. Crypt-Me-Not Investments, Inc. is a new investment fırm that deals exclusively with cryptocurrency investments. An investor wants to invest $100,000 in cryptocurrency next year and approaches them about investing in Solana (SOL) and Dogecoin (DOGE) which are currently selling at $175 and $0.50, respectively. The expected annual return on each unit of SOL is $180 and on each unit of DOGE is $100 and like everyone else, the investor wants to maximize their returns. The risk index associated with each unit of SOL is 1.6 and with each unit of DOGE is 1.8. Crypt-Me-Not recommends not crossing a total risk value of 5000 with the client's investments. Moreover, since DOGE is substantially cheaper and less risky than SOL, the investor insists that a minimum of 1,000 units of DOGE in the portfolio is necessary. Based on these constraints, formulate a Linear Program and answer the following questions after solving it using Solver in Excel (Round up to the next whole number for fırst…Based on the book of Hector De Leon, The law on sales, agency, and credit transactions (Philippine based articles), Give at least five (5) specific obligations of the agent. What does this mean? Explain each 5 specific obligations of the agent thoroughly.