Premium Essay

Business Low

In:

Submitted By NASH009
Words 2080
Pages 9
Table of content 1. Introduction to contract …………………………………………………………....1 2. Age of majority …………………………………………………….……..1 3. What contract that a minor can enter?......................................................................2 4. Contract of necessaries ……………………………………………………………3 5. Contract of scholarships………………………………………………………..….4 6. Contract of employment ………………………………………………………..…4 7. Contract of marriage ………………………………………………………..…5 8. Reference ……………………………………………………..……6

Introduction to contract
Contract (or informally known as an agreement in some jurisdictions), can define as an agreement having lawful object entered into voluntarily by parties or a legally binding or enforceable agreement. Each of whom intends to create one or more legal obligations between them. The legislation in Malaysia governing contract is the Contract Act 1950(Act 136), which revised in year 1974. Contracts are an integral part of our daily lives. There are constantly being entered into by individuals with other individuals or business, as well as businesses with other businesses, to sell or transfer property, to provide and receive services and other rights and obligations created (Lee Mei Pheng & Ivan Jeron Dette, 2014). Contracts are closed connected with our daily life, for example, the sales and purchase of goods in based on contract, the employer hiring employees is based on contract, the bank provide loans to organizations and individuals is based on contract. However, there are some conditions must be fulfill in order to prove that the contract is valid. The basic elements of a contract are Offer, Acceptance of the offer, Intention to create legal relations, Consideration, Certainty and Capacity. If all elements has stated, then courts will acknowledge the

Similar Documents

Free Essay

Business Low

...| Managing Professional Development | | TASK 02 | | | 10/14/2011 | Student Name: Yamin Abdul Wahhab Student ID: BM/C/38/38 Assessor: Mr. Marcilline Croose/Ms. Rangitha Balasuriya Student Name: Yamin Abdul Wahhab Student ID: BM/C/38/38 Assessor: Mr. Marcilline Croose/Ms. Rangitha Balasuriya Task 02 Monitoring and evaluating the PDP via a personal Skills Development log My individual and short term objectives * To complete my degree in business management at University of Wales. * Get Experience and through working in the Multinational company abroad. * Enhancement of Finance. * To complete my Masters in Australia. * Get married and setting up with life. My long term objectives * Get experience after my Degree and get Masters from Business Management. * Start up my own business in Maldives from own earned money and borrowings from family members and from bank. * Working in the UAE in similar field to build my professional career directing to achieve my main objective in this field. * By working there I will build my own house in Maldives to set up with life. * Get married and setting up with life as well as get 2 children * Policymaking Management professional like Vice president HRM or Chief Human resource Officer. * Although in somewhere in my life I have plan to be a politician. To achieve these entire Individual and long-term objective I should plan out my day to day life that could...

Words: 1607 - Pages: 7

Premium Essay

Ikea Case

...furniture, together with the flat packages, reduced space requirements in logistic operations, which lowered the costs either.2 To maintain their low-cost strategy they have to manage an international low-cost supplier network. By 2004, IKEA’s network of international low-cost suppliers had grown to the point where it had 43 trading service offices in 33 countries.3 By well thought allocation of their warehouses and stores they managed to reduce costs even further. So we can conclude IKEA is capable of sustaining its low costs, by managing, establish and designing its supplier network in such a way that IKEA achieves lowest costs in logistics. Even though they’re capable to establish a low-cost supplier network, IKEA is also capable of designing its furniture in such a way that it “fits the IKEA concept of form, function and price”4, “for example the OGLA chair which initially was made of wood but eventually is made out of hollow composite, to make the chair affordable to most people”5 Also IKEA was capable of recombining their skills to serve the needs of entire families. To create child-friendly products IKEA consulted two psychologists, which in combination with their design expertise responds to children’s needs.6 It’s clear that IKEA’s core competencies are based on a low-cost...

Words: 601 - Pages: 3

Premium Essay

Whats the Haps

...Whether you are planning a vacation some place new or looking for activities in your hometown, finding something to do can be stressful. It can be stressful if you are a parent looking for activities with your children or it can be stressful if you are an adult looking for a little fun and adventure with friends. Most ways to find exciting ventures are through word of mouth, listening to advertisements on the radio, scrolling the internet or perusing the local newspaper. However, what if there was a way to bring word of mouth, radio advertising, internet, and newspaper ads to your finger tips all in one place….your phone. Unlike any other app or website What’s The Hap’s allows you to customize your experience by enabling you to be in complete control of your settings , bringing you the hottest current events, giving you savings, and connecting you to your social media sites that you can share the selfie fun. Key partners are important when launching a phone application this fun and connected. What’s The Hap’s would like to bring the fun to you by partnering up with other cool phone applications. For example, Group-on because What’s The Hap’s not only wants to find you events but save you money at the events that may require payment. We would like to link you to any sites that may offer prepayment so that you do not have to wait in long lines at the event of your choice so as Fandango (A cool movie app). These partners are just to name a few. However, What’s The Hap’s will strive...

Words: 1195 - Pages: 5

Free Essay

What Are the Ethical Issues in Relations Between Business and Customers?

...What are the ethical issues in relations between business and customers? Nowadays the level of competition between businesses is high because of big quantity of producers of relatively same goods and services. Because of that, companies try to do as much work as it is necessary to somehow differentiate their product from competitors. Their profit is firstly dependent on how much money people are willing to pay for the product or service (based on their income), secondly on the level of customer loyalty and thirdly on the truthfulness of the company itself. To adapt to the high-competitive environment, companies need to build strong customer relationships, it is core component in future successful sales. If people are interested and satisfied with product and service, they will continue to repurchase it and long-term relations can be established. The aim of any company is to save existing customers and attract new ones. To attract new customers company should use any tools that will work. To establish long-term successful and profitable relations, company should definitely conduct its business in ethic way. However, sometimes there are probably situations, when doing wrong things (grey market, absence of customer care, bad/cheap product) may result in much higher income. This view indicates that ethics and profit are inversely related (Bowie 1998). The situation, when stated promotion does not coincide with the reality is rather common and is a good example of unethical...

Words: 1514 - Pages: 7

Free Essay

The Death of Radio an Analysis Based on Mass Communication as a Political Economy and Culture

...The Death of Radio: an Analysis based on Mass Communication as a Political Economy and Culture Saad Rana ICMS Abstract Before the advent of television, radio was the form of broadcast medium to disseminate information to the masses. Broadcasters announced news, provided infotainment, as well as entertainment in the form of stories and shows with live audiences in the studio. This paper will look at radio as a form of mass communication, the proliferation of other types of broadcast media. The paper will try to understand the political economy of the industry and how it has become big business by analyzing Murdock and Golding's The Industrialization of Mass Communications. MacDonald's Theory of Mass Culture will be dissected to understand that although radio was a form of mass culture, it provided entertainment to the masses, which allows the economy to thrive. Discussion In their paper, 'The Industrialization of Mass Communications,' Murdock and Golding imply that mass communications—how people or organizations communicate to the masses—is a money-making industry, and like all other industries such as technological, auto etc.; it is susceptible to losing its value for what it was intended to be –a pure form of communicating to the masses. Their theory on mass communications focuses on the industry as a political economy which is how an economy cycles, questioning and arguing the ownership and control of media, factors that bring together media industries with other...

Words: 1937 - Pages: 8

Free Essay

When I Grow Up: an Analytical Study of the Interpretations of Children on Pop Culture Elements Found in Selected Tv Commercials

...When I Grow Up: An Analytical Study of the Interpretations of Children on Pop Culture Elements found in Selected TV Commercials “TV takes our children across the globe before parents give them permission to cross the streets.” - Joshua Meyrowitz BACKGROUND OF THE STUDY Advertising is a form of mass communication strategy created to promote the purchase of a certain product, message, or service in the market. It carries the messages that come to you from the people who pay for the media (Biagi, 2001, p. 227). It is also an act of popularizing something through mass media to attract the attention of the consumers, audiences, or mainly the public for higher sales and marketability. Tracing through the history, evidences of advertising is said to have started thousands of years before when people started trading things for survival. Thus, the rise of technology, industrialization, and capitalism triggered the success of advertising in the heightening state of competition worldwide and in every aspect; from commodities, to people and politics. The industrial revolution, according to some historians, is the root of commercial advertising (Campbell, 2002, p. 387). Because of the continuous occurrence of new products in the market and there is a need to sell them off instantly, businessmen tried the concept of large scale advertising to sell more. Over the time, manufacturers realized that if their products were distinctive and became associated with quality, customers...

Words: 4957 - Pages: 20

Premium Essay

Business

...TASK 6 Explain how quality management can be measured. Select and explain a tool or technique that can be used by the restaurant for continuous improvement Quality is something customers crave for and what business pursue. Therefore managing the quality of products and services is very important to ensure that the management can be measured using different tools. This helps to improve the quality of the products and services to meet its standard. Below here is one of the tools used to measure quality management. FISHBONE DIAGRAM The fishbone diagram is used to identify all of the contributing roots causes likely to be causing a problem. This can be used when identifying possible causes for a problem especially when a team’s thinking tends to fall into ruts. For example the problems faced for Mr. Mahmud restaurant are such as lack of focus, lack of resources, low in delivery and training. All this problems and there effects can be drawn using a fishbone diagram as below: Lack of resources Lack of resources Lack of focus Lack of focus Demand and patterns lack of quality control Product failure Product failure Creating uncertainty Motivation communication with food runners Variable skill levels High employees Delivery Delivery Timing of course Delays Training employers Training employers A fishbone diagram has a central spine running left to right, around which is built a map of factors...

Words: 692 - Pages: 3

Free Essay

Case

...UCC28C41, UCC28C42, UCC28C43, UCC28C44, UCC28C45 UCC38C40, UCC38C41, UCC38C42, UCC38C43, UCC38C44, UCC38C45 SLUS458E -- AUGUST 2001 -- REVISED OCTOBER 2010 BiCMOS LOW-POWER CURRENT-MODE PWM CONTROLLER FEATURES DESCRIPTION D Enhanced Replacement for UC3842A Family D D D D D D D D D D UCC38C4x family is a high-performance currentmode PWM controller. It is an enhanced BiCMOS version with pin-for-pin compatibility to the industry standard UC384xA family and UC384x family of PWM controllers. In addition, lower startup voltage versions of 7 V are offered as UCC38C40 and UCC38C41. With Pin-to-Pin Compatibility 1-MHz Operation 50-μA Standby Current, 100-μA Maximum Low Operating Current of 2.3 mA at 52 kHz Fast 35-ns Cycle-by-Cycle Overcurrent Limiting ±1-A Peak Output Current Rail-to-Rail Output Swings with 25-ns Rise and 20-ns Fall Times ±1% Initial Trimmed 2.5-V Error Amplifier Reference Trimmed Oscillator Discharge Current New Under Voltage Lockout Versions MSOP-8 Package Minimizes Board Space Providing necessary features to control fixed frequency, peak current-mode power supplies, this family offers the following performance advantages. The device offers high-frequency operation up to 1 MHz with low start-up and operating currents, thus minimizing start-up loss and low operating power consumption for improved efficiency. The device also features a very fast current-sense-to-output delay time of 35 ns and a ±1 A peak output current...

Words: 9368 - Pages: 38

Premium Essay

English for Specific Porpuses

...REACT, 1998(2), 18-23 APPROACHES TO DIGLOSSIA IN THE CLASSROOM: THE MIDDLE WAY David Deterding INTRODUCTION The concept of diglossia was developed by Ferguson (1959). It describes a situation where two languages or language varieties occur side by side in a community, and each has a clear range of functions. One of these varieties, the Hvariety (standing for 'High'), is adopted as the standard variety and is used in official situations, such as government broadcasts, religious services, and teaching; and the other, the L-variety (for 'Low'), is used in informal situations, such as local markets and conversations between friends. The focus of this article is to discuss how the concept of diglossia might be appropriate to describe the Singapore English-speaking community, and to consider what approaches can be adopted by teachers towards the use of the L-variety in schools. Examples of diglossia that have been widely quoted are:  the Arabic community, where each region has its own colloquial variety, but classical Arabic is still taught in schools and is regarded by many as “more beautiful” and therefore more appropriate for written texts; the Swiss-German community, where all children learn Standard German in schools, and most books and newspapers are in Standard German, but the people continue to use the local Swiss-German dialect on an everyday basis;  the Tamil community, where the language taught in classrooms and used in literature is sharply different from the colloquial...

Words: 2101 - Pages: 9

Free Essay

Math 208

...Section 7.1 92. Investing her bonus. Donna invested her $33,000 bonus and received a total of $970 in interest after one year. If part of the money returned 4% and the remainder 2.25%, then how much did she invest at each rate? x+y=33000 .04x+2.25y=970 x=-y+33000 .04-y+33000+2.25y=970 -4y+1320+.0225y=970 -.0175y=-1320+970 -.0175y-.0175=-350-.0175 y=20,000 x+20,000=33,000 x=33,000-20,000 x=13000 100. Ticket sales. Tickets for a concert were sold to adults for $3 and to students for $2. If the total receipts were $824 and twice as many adult tickets as student tickets were sold, then how many of each were sold? 3x+2y=824 x=2y 32y+2y=824 6y+2y=824 8y=824 y=103 x=103*2 x=206 104. Bonus and taxes. A company has an income of $100,000 before paying taxes and a bonus. The bonus B is to be 20% of the income after deducting income taxes T but before deducting the bonus. So B = 0.20(100,000 - T). Because the bonus is a deductible expense, the amount of income tax T at a 40% rate is 40% of the income after deducting the bonus. So T = 0.40(100,000 - B). a) Use the accompanying graph to estimate the values of T and B that satisfy both equations. (35, 15) b) Solve the system algebraically to find the bonus and the amount of tax. B = .2(100,000-.4(100000 – B)) B = .2(100000 – 40000 + .4B) B = 20000 – 8000 + .08B .92B = 12000 B = $13042.48 T = .4(100000 – 13042.48) T = .4(86957.52) T = $34783 106. Free market. The equations S = 5000 + 200x and...

Words: 898 - Pages: 4

Premium Essay

This Is It

...Introduction Popular culture has over the decades come and replaced every single aspect of our lives from our traditions to our worldviews. We as Africans have slowly become adapted to popular culture just as quickly as we were to adopt the colonial view of civilization during the colonial era. From music to cinema, from theatre to art popular culture has slowly crept into the African culture in the form of mordanity. Some have been able to Africanize it but most of us disappeared within it and have become some sort of slaves. Artists such as Fela Kuti of Nigeria to Hugh Masekela from South Africa just to name a few have been able to mix African influences with popular art in their music to create music that cuts across every type of audience from the miner in the coal fields to the CEO of a blue chip company. Others have tried but have only concentrated on one part of this delicate equation which is the popular aspect. They produce content that is strictly for the market without have consideration for music as a craft. Key terms Culture: As defined by live science, Culture is the characteristics of a particular group of people, defined by everything from language, religion, cuisine, social habits, music and arts. (http://www.livescience.com/21478-what-is-culture-definition-of-culture.html) Popular culture As defined by Webster Dictionary Pop culture Commercial culture based on popular taste: fashion, music art (http://oxforddictionaries.com/definition/english/pop%2Bculture) ...

Words: 348 - Pages: 2

Free Essay

Pop Culture

...Popular American Culture SOC/105 July 3, 2013 Popular American Culture Many Americans consume popular culture in their everyday lives. IPod, cell phones, computers, and popular television shows, are just a few things that create popular culture in society. According to Michael Petracca (2007), “popular culture has two counter parts, high culture and folk culture”. High culture consists of the artifacts, fine art, and classical music. Folk culture consists of a non-technical society of people who create artifacts and is usually passed on through tradition and communication. To answer the question on what is popular culture, it is shared practices and knowledge of a specific group at a specific time. It is obvious in today’s society what is popular to the majority of American people. Three major trends in American culture are entertainment, technology, and travel. Television has changed the way many Americans shop, eat, and even receive information. Many homes in America today have at least one television to watch the most popular shows or the hottest movies. Technology has taken the place of many things like the house phone now there is the cell phone. The cellphone technology now includes computer, camera, and television combining innovation with necessity. The automobile has been a big part of American culture and now has been manufactured to run on electricity which in turn will help heal the planet. Americans decisions are influenced daily simply by...

Words: 541 - Pages: 3

Premium Essay

Impact of Turkish Dramas

...Chapter No. 1 Introduction Before going to any further about Dramas effect on our society, first of all we have to know about what drama is? Then we can easily make further research on this topic. Drama is the specific mode of fiction represented in performance.“Drama is watching one person changed by another. If two people exchange views, but neither is changed by the interaction, you have literature. If two people have an enormous physical fight but their relationship remains unchanged, you have spectacle. But if one is altered by the other, then you have drama.” Johnston (1979). In every drama, there’s always a thing called elements of drama. The elements of drama is like an analysis of it, it tells us how the play goes on and how it will end. The elements of drama consist of four main parts and they are Plot, Character, Setting and Theme. Drama doesn’t mean vulgarity, it is a source to promote any society culture. A people without the knowledge of their past history, origin and culture is like a tree without roots. Culture, then, is a study of perfection, and perfection which insists on becoming something rather than in having something, in an inward condition of the mind and spirit, not in an outward set of circumstances...

Words: 1514 - Pages: 7

Free Essay

Thesis Proposal

...MUSM 7008 – Dissertation Synopsis Design for darkness Museum communication for visually impaired visitors Submitted by Al Amin Nathani Student Number: 43383559 In partial fulfilment of the requirements for the degree of Masters of Museum Studies School of Social Science, The University of Queensland   1. Introduction In museums, the visitors are encouraged to appreciate the achievements of our civilization. Whether the displayed objects have artistic, social or cultural significance, the rule is to observe and create interpretation. But what if visitor can’t look or have difficulty in creating the visual image of the object? Does it create limited experience for visually impaired visitors? This study will focus on exploring applied design methods to enhance museum experience for visually impaired visitors. The study will be a combination of theoretical and practical case studies which will discuss the sensorial exhibition space from designer’s perspective. 2. Objective and Scope • To understand effective ways of museum communication for visually impaired visitors. • To understand design strategies for creating experience beyond visual sense. • To identify affectivity of alternate methods like Haptic and Tactile graphics, Braille, models, and audio and touch tours. • To discuss various case studies which are using alternate design techniques for conveying museum message for these visitors. 3. Research Questions • What alternative methods...

Words: 1514 - Pages: 7

Premium Essay

Sped

...rare, and people who are totally blind typically have severe physical damage to the eyes themselves or to the visual nerves. * Legally blind. A legally blind person has a visual acuity of 20/200 or less in the better eye, after correction. This means that what an individual with normal (20/20) vision sees at two hundred feet, the legally blind person cannot see until he or she is within twenty feet. In addition, a person can be classified as legally blind if she has a field of vision no greater than twenty degrees at the widest diameter. (A normal field of vision is close to 180 degrees.) Only about 20 percent of legally blind people are totally blind. Legally blind individuals typically use Braille and visual aids. * Low vision. People with low vision can read with the help of large-print reading materials and magnifying objects. They may also use Braille. * Partially sighted. Partially sighted individuals have less severe loss of vision than people in the other three categories. A person with partial sight may be able to see objects up close or far away and with corrective lenses may be able to function at normal levels. Adjusting attitude: To avoid the rejected feeling of the visually impaired, people need to treat the blind the same way they would...

Words: 2499 - Pages: 10