Big Time Toymaker Essay

The theory to practice scenario between Big Time Toymaker and Chou in my opinion entered into a contract in two separate occasions. The first time was the verbal agreement Big Time Toymaker (BTT) made with Chou three days before the 90 day period ended and then there was the email Chou received that gave him the terms, time frame, price and obligations; at this point Chou felt that there was an actual contract. The one fact that could help Chou in this case is that he has an email to prove that there was some sort of intent there from BTT regarding a contract. On the other hand the one thing that may count against Chou is that he never received anything in writing, which would be the actual contract. The fact that both parties were communicating by email does impact my analysis. Companies send emails to one another all the time discussing terms and agreements and the fact that they had spoken and made a prior agreement verbally counts as the initial agreement and the email would be follow up. A contract consists of all parties that are involved to have a signature and if they verbal agreement would not have taken place before the email then my decision would be different. I feel that Chou has the right to feel that he was entering into a contract with BTT but should have followed up for a written contract. The role of fraud has played a role in this scenario according to the Uniform Commercial Code (UCC), the sale of goods for more than $500.00 and any lease transaction for goods of $1000.00 or more (Melvin,2011). In this scenario Chou received $25,000.00 in exchange for the negotiation rights for 90 days from BTT. This is not a mistake under the doctrine of mistake because in order for this to take place there would need to be a unilateral mistake made in the contract and there was not one and neither was there an actual written contract. If there was an actual contract there could have been laws applied towards strict liability as well. For the sake of argument assuming that the email served as a sufficient contract then BTT was in breach of the contract. BTT was in breach by not distributing the game as they agreed. With BTT breaching the contract Chou can seek compensation for any damages and any loss.

Business Crime Case Study Example | Topics and Well Written Essays - 1750 words

Business Crime - Case Study Example Before proceeding to the topic of Christies Ltd. and business crime, it is important to understand how and why the Theft Act 1968 came into existence. This Act was original for it was the first British legislation, which the dealings of criminal law accessible to all citizens and not just limited to attorneys. An article from bbc.co.uk (2001) tells this history: Before 1968, theft and other, similar, offences were governed by a mass of conflicting legislation and common law and was over-complex. Before 1968, if 'ownership' passed by means of deception, the offence was 'obtaining by false pretences'. If 'possession' was passed, the offence was 'larcency by a trick'. Other offences existed, including 'larcency by a servant', 'fraudulent conversion' and 'embezzlement'. It had reached the point where it was harder to discover which crime the accused may have committed rather than whether or not the accused was guilty. The 1968 Theft Act, as well as the 1971 Criminal Damage Act, did much to overcome this problem. All previous theft legislation and common law were overruled, resulting in the creation of the first codified definition of law in England and Wales.... codified definition of law in England and Wales. Understanding the history of the Act allows one to understand why it was and still is needed. Now we shall begin the discussion of Christies Ltd. The situations at hand and the topic of this piece of writing are now presented: Business Crime--Christies Ltd 4 Phil Jackson has approached David asking for a higher salary, as he believes he is underpaid. David refuses. Phil then decides to augment his salary in a number of ways:(A) Phil decides to open a flower stall at the weekend. He obtains a large selection of daffodils and tulips from the roadside and aims to sell these at 2 per bunch.(B) Phil decides to go for a drive through the countryside. He sees anunattended pick up truck loaded with live wild pheasants. Phildecides to put these into his own vehicle, intending to sell them to a local butcher.(C) Phil decides to enter the safe of Christies Ltd and look at the plans for a new "HyperScoop". He draws the design of the scoop andoffers it for sale to Scooperman Ltd, a direct competitor ofChristies Ltd. The Theft Act 1968 lists the basic definition of the word theft. According to this Act, a person is guilty of theft if "he dishonestly appropriates property belonging to another with the intention of permanently depriving the other of it; and 'theft' and 'steal shall be construed accordingly". Let us look at the term "permanently depriving" more closely in order to gain abetter understanding of theft and dishonesty. Webster's II New Riverside Dictionary(1984) defines the word permanently as "lasting

Comparitive Politics Assignment Example | Topics and Well Written Essays - 1250 words

Comparitive Politics - Assignment Example In Comparative Politics, there are two core approaches; the area studies and the cross-national approach. The cross-national approach in Comparative Politics deals with the study of many nation-states with the purpose of addressing certain theoretical questions that apply broadly. In this approach, the tools used in most cases involve empirical data subjected to quantitative analysis. The area studies method places more emphasis on in-depth analysis within a specific region or the borders of a particular country. With this approach, the necessary tools, in most cases, involves the researcher immersing himself into the culture and language of the region under study. It is important to study states because their power faces considerable threats from growing interconnections and interdependencies and international agreements and arrangements. These threats limit the ability of states to control their individual affairs. These threats include multinational corporations, non-governmental organizations and bodies operating on a global scale. This is evident from the rise of terrorism and other vices, which are not restricted to countries any more. However, states retain the power and responsibility to protect their citizens and undertake other national duties by virtue of having supreme power within their jurisdictions. States are still important, therefore forming the point of departure and focus for comparative approach to government and politics. Comparative Politics has six main approaches: Institutionalism, Systems theory, Governance, Marxism, Structural functionalism, Institutionalism and Corporatism. Institutional analysis forms the basis of Comparative Politics (Caramani, 2). Comparative Politics is a science because it is guided by various theories (Caramani, 25). Alasdair MacIntyre first raised the question of the possibility of Comparative Politics being a science. The deduction he provided in his analysis was that there was

Public Relations Situation Assignment Example | Topics and Well Written Essays - 1000 words

Public Relations Situation - Assignment Example They could also sound offensive depending on choice of words used in relation to the culture of the target audience. It should be noted that cultural diversity encompasses differences in language, religion, beliefs, social aspects, race and ethnicity as noted by Chia and Synnott (2009). Some of these factors are easy to change and some are not. This means that the public relations professionals should be able to adjust to the cultural aspects of the various audiences of an organisation. Grunig and Toth (2006) explain that they should be able to demonstrate an awareness, understanding and sensitivity to their cultures and interactions between the various cultures. It should also be noted that the audience in public relations are more fluid and this requires adequate response to this. This can only be achieved if there is sufficient flexibility among public relations to adapt to a changing world. Effective public relations professionals or departments are those that have recognised and acknowledged the important fact that discrimination is unhealthy for business. They should also have recognised the importance of taking advantage of a multi-cultural communities and how fast this opportunity is growing. Hain (2008) points out that if public relations professionals or departments were to realise this, they would be able to enable their firms or clients to exploit the cultural diversity in their society or target region. As noted in the introduction, situation analysis is where an organisation evaluates the main communication issues it faces. An awareness in cultural diversity increases the competency of public relations practitioners to note these issues and advice organizations on how to respond... The paper makes a conclusion that each organisation has its own expectations, values and beliefs that shape its public relations. Cultural awareness among public relations practitioners is therefore important in ensuring that the messages they give about the organisation responds to cultural diversity while maintaining consistency with the beliefs, values and expectations of the organisation. For example if organization believes in and values a diverse workforce, then the organisation’s public relations department will have more authority to include practitioners from varied backgrounds and standpoints. The paper approves that multicultural awareness increases the professional relevance of public relations practitioners. It also markets them due to increasing demand by many companies to appeal to the local and global multicultural communities. The paper describes the main thing behind variations in culture is differences in perspectives leading to differences in preferences. This makes cultural awareness a critical competency among public relations practitioners and the public relations department personnel. The awareness of cultural diversity increases the professional relevance of public relations practitioners because of the increasing diversity both in the local and international communities. In order to gain a competitive advantage and increase their market shares, public relations firms takes advantage of the growing cultural diversity and targets or hires people of immigrant origin.

Evolution of Management Accounting discipline and it's relationship Essay

Evolution of Management Accounting discipline and it's relationship with other functions in organisations - Essay Example For example, business organisations are now more concerned with maximising the stakeholders’ value instead of profit maximisation. Besides, they have recognized their responsibilities towards society, community, corporate and environment. Now, they aim to develop their organisational structure and strategies that strive to meet these responsibilities. In this respect, different aspects of management accounting play very crucial role. It is one of the primary areas that help to meet objectives of corporate governance and strategic formulation process. This paper will attempt to present critical analysis of management accounting by pointing out its important aspects. At first, the evolution of management accounting will be analysed by figuring out its influencing factors. It will also discuss the historical background of the present management accounting system. ... This section will try to develop certain recommendations for bringing further development in modern management accounting. In order to support the critical analysis and discussions, proper evidences will be provided. Finally, the entire discussion, analysis and major outcomes will be summed up in conclusion. Evolution of Management Accounting Before presenting the evolution and historical development of managerial accounting, it is necessary to understand the term ‘management accounting’ because this term includes two major concepts of business organisational activities. Robert S, Kaplan identified two major areas of management accounting and these are cost accounting and management control (Kaplan, 1984). These two areas are very vital for organisational success. Management accounting process is helpful in executing cost accounting and management controlling activities. R. N. Anthony defined that â€Å"management accounting is concerned with accounting information that is useful to management† (Banjerjee, 2005, p.2). T. G. Rose elaborated that management accounting is meant to adopt and analyse the accounting information for better diagnosis and explanation for assisting managements in decision making process (Palanivelu, 2007, p.289). Many critics and scholar observes the cost accounting, financial accounting and management accounting as different areas of finance. However, this can be interpreted as the traditional concept of management accounting. This concept was in trend prior to 1980s before the modernisation of cost accounting and management control. Thomas Johnson traced that US corporations started to focus of management accounting during 1850-1925 as this field was very important for the growth and development

Identify one major political event in an African country Essay - 1

Identify one major political event in an African country - Essay Example The main objective of the paper includes making the exploration of the actual political scenario of the Libyan politics, which had experienced a significant blow during the last few years in the name of so-called ‘awakening of the Arab nations’ for introducing imperative alterations to the Afro-Arab politics to a great extent. The paper will also examine the reasons behind the unexpected revolt against the Qaddafi regime. The paper is also interested in investigating into the external factors, including the US role, in respect of toppling the Qaddafi regime for the establishment of a pro-American political system in the lines adopted by the European powers of colonial era for turning the weak and backward states to be their subjugated domains in order to introduce and enforce the policies of their choice as well as to force the small countries for developing social, economic, business and trade relations with the USA. Hence, the paper will portray a comprehensive scenari o paving the way towards 2011 revolt in Libya in the light of internal and external factors controlling and regulating the rebellion and rebels at large. Muammar Qaddafi served as one of the most dominant and influential figures of the twentieth century Afro-Arabian political world, which left indelible impact of his political and strategic achievements in the entire region during the second half of the last century till the first decades of new century. By dint of his exceptional intellect, deep foresight and outstanding wisdom, he successfully played the role of a central figure in the national politics of Libya for over four decades, where he was the sole decision-maker of the fate of his country and its masses at large. Though, apparently, he was considered to be unconquered and supreme in national politics, who would sustain power till the last day of his life, Qaddafi became the victim of purported Arab Spring appeared by the mid of December 2010 with the big powers in

Give a topic Essay Example | Topics and Well Written Essays - 500 words

Give a topic - Essay Example the 19th century, slavery and slave trade, creation of institutions based on religious revolutions were just but a few of the things that brought about the formation of different cultures. European influence in the region may have prompted the adoption of Western culture, therefore; eroding the African culture and traditions (Shillington 764). This paper will examine the influence that came about as a result of the European movement in the African region, and how this influence shaped modern African society. The events that may have led to the interaction between the African and the European in the 14th to the mid-20th century may have been the finding of man’s first remains in the region of Tanganyika. It was during this time that expeditions were carried out by many of the European influences that came to Africa. It was the crusade by David Livingstone against the infamous slave trade that led to the discovery of some of the remains of man. Slave trade was common among the people in this region as there were bargains that were struck by Arab traders in the region in exchange for common goods and services. During the German invasion, local traditional structures were disregarded and eradicated (Shillington 879). The same thing was happening in the neighboring East African region, Kenya, where the British had taken control. The political, social, and economic structure of the regions changed as the colonialists made a play at the regions’ economic well-being. Africa was rich in raw materials and minerals, and the colonialists used these to enrich the mother countries. Labor was found from the local people, and it came cheap. The family structure was changed drastically as able-bodied men were shipped away to work for their colonial masters, hence; changing the social structure. The political structure became that of the colonialists, and many of the structures being seen today are still from the colonial era. Local and traditional heads were done away with