2) Knowing the varying differences of fixtures,
2) Knowing the varying differences of fixtures,
(Rouses) is a calendar year-end company. On February 1, 2014, Rouses announced that it was acquiring 80 percent of the outstanding common stock of Best Beans Ever Corp. (Best Beans Ever) in a business combination. On the acquisition date, Rouses paid $40 million in cash and issued two million shares of Rouses common stock to the selling shareholders of Best Beans Ever.…
So the issue was whether the sale of various subdivisions and a portion of the taxpayer’s farming property were undertaken as a part of the conduct of the business with the result that the profits are assessable under s 25(1) of ITAA 1936 of the Income Assessment Act or whether the proceeds are assessable under the second limb of s 25A of ITAA 1936 of the Act. The Commissioner held that the taxpayer’s profit on selling the property is assessable under the Income Tax Assessment. It can be assessed under either s 25(1) as income gained from carrying on a business of selling the…
Case Brief 1 Audio Visual Artistry v. Tanzer 403 S.W. 3d 789 (Tenn. App. 2012) Audio Visual Artistry (AVA) is a firm that primarily focuses on custom design products. Civilian Stephen Tanzer and AVA entered into a contract where AVA would install a “smart-home” system (home theatre, controllable lighting, intercom, phones, music and television in multiple rooms) in the home Tanzer was having constructed. The contract detailed that, initially, the “smart-home” additions would include the ability to play music in seven different sections of the house, remote control panels would control the media systems and other “smart-home” functions, the house would be outfitted with an automated light system, and a house networking system would be integrated. The contract’s initial price detailed for this work totaled to 71,915 USD.…
B) The Nordstrom security guard did not have constructive possession of Marshall’s property because he did not have the special relationship required to establish constructive possession. One of the ways constructive possession is satisfied is if one has a special relationship with the employer. See, e.g., People v. Galoia, 31 Cal. App. 4th, 595 (1994) (finding no special relationship when a “Good Samaritan” lacked sufficient interest in the property being taken).…
As the owner of a commercial enterprise, there are several aspects of operating a business organization that one ought to be mindful of. With the traditional routines of running a business, the owner should even be knowledgeable of laws that pertain to the business as well as the effects they may have. The incident that occurred at Springfield Arms Apartments brings about queries on where the accountability lies, with the owner or the trespasser. The responsibility is weighted legally as damages incurred. However this matter is handled by the owner reflects the kind of business ethics Springfield Arms Apartments is overseen by.…
Both residential and industrial vacant properties contribute to the number of idling space and unnecessary expenditure, which contribute to a real or perceived environmental contamination to its neighbors and community. As long as a property remains vacant, the greater its impact on surrounding properties and communities in a larger radius effect. Vacant properties and neighborhood blight are more than just an indication of greater financial forces at work in the community. For their association can result to amplified risk to health and welfare, reduce property values, contribute to public regression and disinvestment, higher insurance premiums for homeowners and renters, higher crimes, and decrease tax revenue for its citizen’s much needed…
De Soto, argues that property rights give entrepreneurs the opportunity to tap into the potential of the asset to create capital. The owner of an asset might not have the means to convert the asset into its full potential/value/income, but it can partner with another party to receive compensation for the asset, use the asset to the best of their ability, or combine resources/partner with another party. The economic purpose of valuation is for members of the economy to develop an understanding of what an asset is worth. Property rights and documentation provide a record and a history for assets and transactions. This gives money prices more stability, which helps grow and sustain an…
DAVID FALLSBAUER’S RIGHTS UNDER THE FOURTH AMENDMENT WERE VIOLATED BY THE POLICE OFFICERS, BECAUSE WHEN FACED WITH AMBIGUITY REGARDING THE A THIRD PARTY’S CONSENT TO SEARCH THEY FAILED TO MAKE A FURTHER INQUIRY. BY DOING SO, THE OFFICERS VIOLATED DAVID’S RIGHT TO PRIVACY. The primary question before this Court is whether police officers must make a further inquiry when faced with an ambiguity regarding a third party’s consent to search. The Federal Circuit Courts of Appeals have taken different views when deciding the actions a police officer must take when faced with an ambiguity pertaining to third party consent. It is crucial to our society that a person’s right to privacy is protected and able to be exercised.…
Through the years, it has been unclear to many people whether or not eminent domain has been used correctly. Many people disagree, but those are the people who have been affected by it directly. The opinions on this question are mostly biased, but looking at it from an outside standpoint, eminent domain is being used correctly. The Fifth Amendment states that the government has the right to take private property if they can prove that the property is going to be used for public use.…
1. Goods versus Services. A. ISSUE: Discuss fully whether the contract between the Palermos and Colorado Carpet was primarily for the sale of goods or the sale of serv¬ices. The contract between the Palermos and Colorado Carpet was primarily for the sale of services because the Palermos orally agreed to the purchase and installation of the carpet.…
Although, in the case of rentals, display of goods is not an invitation to treat, instead it is an offer. For instance, there are rental chairs and umbrellas at the beach available at a certain fixed price and for a fixed which are displayed for the customers. There are certain conditions attached to them which make it an offer instead of an invitation to treat. All the conditions were clear and there was no room for negotiations. While in the case where a shopkeeper has displayed his goods for sale, there are no certain conditions and he is inviting customers to make an offer, there is still room for negotiations which means that it is an invitation to treat.…
Rossi raises questions related to urban artifact: individuals, places, memories and designs themselves. Rossi's typology studies are elements that cannot be reduced and equated with a form. Such as housing, houses with corridors have a long history and appear in every city. Rossi states that the house as a…
Problems and Motivation While planning product assortment, nowadays retailers considers a number of factors such as consumer preferences of product and channels, and consumer perception and behavior across different channels. Inappropriate assortment gathered by retailers will avert customers and thus resulting in loss of current and future revenue earning options. Hence, assortment planning is still one of the most important decision for retail houses (Mantrala et al. 2009). In this section, we will look into the research studies done on each of these factors.…
13. INSPECTION OF PREMISES. Lessor and Lessor's agents shall have the right at all reasonable times during the term of this Agreement and any renewal thereof to enter the Premises for the purpose of inspecting the Premises and all buildings and improvements thereon. And for the purposes of making any repairs, additions or alterations as may be deemed appropriate by Lessor for the preservation of the Premises or the building. Lessor and its agents shall further have the right to exhibit the Premises and to display the usual "for sale", "for rent" or "vacancy" signs on the Premises at any time within forty-five (45) days before the expiration of this Lease.…
Marketing Segmentation Marketing segmentation is a way for companies to efficiently use marketing dollars to advertise their product to a specific group of customers based upon similar needs or preferences they all share. In the article, Diversity Marketing: Better Targeting of Today’s Shoppers, authors Laura Mandala and Steven Schwadron assert that the use of diversity marketing can help retailers achieve more efficient use of marketing dollars. This paper will discuss the thesis and purpose of the article, explore the key points presented, and review the conclusion and recommendation offered by the authors. Lastly, this paper will offer an assessment on the articles overall quality and usefulness.…