Contracts are promises, offers, and/or agreements made between two or more parties that becomes legally binding and enforcing (Kubasek, p.304). Regarding the situation of Sam Stevens, he created a new security protection inside his apartment, verbally agreed to have it sold from a chain supply store, and then was notified of eviction due to his security protection disturbing the surrounding neighbors. Between Sam and the store, there was never a signed contract made, but as stated above, Sam did…
Fair market value is a standard typically used for real estate valuation, certain tax issues, and employee stock ownership plans. Fair value in a legal context is a standard typically used for business interest valuation for estate tax and business litigation. Fair value in a financial reporting context is appropriate for the preparation of financial statements. The terms fair market value and fair value are typically used in business-owner buy-sell agreements without proper consideration of the…
According to this week’s text, a union is merely an organization that represents an employee’s interest on issue to management on things such as wages, work hours and employment conditions (Gomez-Mejia, Balkin, & Cardy, 2012, p. 504). In doing some brief research in regards to police unions, which are several pros as well as several cons as it relates to the union. On the pro side, it brings all participants together into a family like atmosphere, they can lobby for better wages and equipment…
signed a contractual agreement with one newspaper organization and several months later offered a more financially lucrative position by another newspaper. As a result, she lets her current employer know and informs them that she will be breaking the contract to pursue the other position. Her actions are of…
1.) On the first Matrix game I decided that my strategy would be to always choose A: Y loses 2. O gains two. I decided this because it seemed like I would be losing less. However, on the second round I decided that I would try out my luck and choose B, which turned out to be the wrong move. I went from -2$ to -5$. After this I decided that I would stick to my original strategy and continued to choose A for the following 4 rounds. Immediately I noticed that it was the better choice ending up with…
When advising a union or management representatives you have to be well informed of the situation and have clear and concise goals in mind before sitting down with them. You have to know who is an ally and who is against the resolution. You have to know how to approach the audience you will be facing and you have to know which power to use to properly negotiate with them. Using integrative bargaining would be best when dealing with unions because you want to create a win-win situation so that…
Voting Rights Act (Critical Thinking Assignment) As passed in 1865, the first element in the formula was whether the state or a political subdivision of the state maintained a "test or device" restricting the opportunity to register and vote, by “test or device” they mean literacy tests, good moral, or another registered voter vouch. The second element of the formula would be satisfied if the Director of the Census determined that less than 50 percent of persons of voting age were registered to…
5 things to consider prior to buying St George Utah Townhome If you are looking to invest in St George Utah real estate; give a thought to buying a Townhome. Townhomes, like condos, are common interest developments. However, the neighbors not only share the street name, but their properties are also entwined. They are most commonly referred to as row houses as they share a common wall and in some cases, they also share a stretch of rooftop with adjacent properties. However, prior to buying…
How, if at all, should Turner approach Cardullo at the end of the case? ANSWER Turner should try to bridge down his communication gap with Cardullo. He should explain the discomfort faced by him in the workspace. Cardullo would surely heed to his problems and provide a solution and necessary changes. Cardullo’s track record in Triple S was very good…
1. Company’s Description: 1.1. About Kopitiam Kopitiam was set up in the year of 1988. The business started off successfully when Kopitiam bid for a well-known food shop at Bishan for a shocking bid price of $2.1 million. To date, Kopitiam has expanded its Food and Beverages business with high cash flow and loyal customers in such a short period of time. It has brought in a competitive edge for her close competitors. Kopitiam outlets are famous for its authentic local food that are sold at an…