Business Law for Managers

Every single day we enter into contracts. When we order a meal in the fast food or drop a coin while buying a ticket for a bus we enter a contract without even recognizing it. However, not all the agreements, that people enter into are enforced by law. Contractual agreements are the only ones that are enforceable through the court system. In order to be able to verify if some specific situation is contract, we have to learn certain rules, which help to recognize whether it is contract or not. People who are engaged in business or marketing make contracts in order to carry out their businesses. ...

Business Law

Under consumer protection act, there are a number of legislations that help to safeguard the consumer from defective products that does not attain the required level of safety. The consumer protection Act requires the manufacturers, distributers and the marketers to ensure that the product that supply are safe (Horvath, Villafranco, and Calkins 77). They are also required to supply the consumer with correct information and relevant warnings about any risks involved. In this case, the challenge is upon Warner-Lambert Company the manufacturer and distributor of Listerine antiseptic mouthwash to ...

Commercial Law

Usually, the third party in most commercial contracts there is not much concern about the existence or identity of the undisclosed principal. The papers therefore sets out to explore how the third party can be protected by law and analyze the possibility and legality of having the undisclosed principal’s identity be revealed oblingly.As it is, the law in commercial contracts allows for; the undisclosed principal to sue and be sued as long as the contracting agent retains authority in matters at hand; defense held by third parties against the agents principal; suing of agent of undisclosed prin ...

An International Business Law

The modern world has been marked up with the development of international business. The practices that are applied in international business are results of globalization processes and the procedures that enable controlling international business. The latter are covered by the international business law which is part of international law. But unlike the sources of international law, international business law sources vary differently. Therefore, the aim of this paper is to provide the description of the various international law sources that relate to international business. The paper identifie ...