Business Law Senarios

Institution MOUNT KENYA UNIVERSITY
Course BUSINESS
Year 1st Year
Semester Unknown
Posted By Codred Agencies
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Pages 8 Pages
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Description

Mike writes to Peter "I will sell you my car for £ 2,000. If I hear nothing from you before next Saturday, I will take it that you have accepted". Peter does not reply by Saturday.Mike is now threatening to sue Peter for breach of contract to buy the car. Advise Peter.
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Lecture 3: Business and Society Trending!
A Corporate Code of Ethics begins by setting out the values that underpin the code that describes a company's obligation to its stakeholders. The code is publicly available, details how the company plans to implement its values and vision, and contains guidance on ethical standards and how to achieve them.
5 Pages 8208 Views 0 Downloads 502.16 KB
Lecture 4: Finacial Markets and Business Trending!
Commodity Money consists of objects that have value in themselves as well as value in their use as money. Gold is an example of a material that has value in itself but has also been used as a commodity money in the past.
4 Pages 7485 Views 0 Downloads 541.05 KB
Lecture 5: Forms of Business Ownership Trending!
Picking the best type depends on the nature of the business opportunity and the level of personal exposure to risk the owner is willing to accept.
4 Pages 7363 Views 0 Downloads 680.09 KB
Lecture 6: Entrepreneurship Trending!
An entrepreneur is someone who: Sees an opportunity – some hole in the market, or some way to better provide a current service and Works effectively to create a solution, carefully designing how the solution will be made and distributed.
5 Pages 8999 Views 0 Downloads 769.43 KB
Lecture 7: Principles of Management Trending!
Managers wear many hats and must bring with them an entire toolkit of skills-conceptual skills, human skills, and technical skills-in order to reach organizational goals and objectives effectively.
6 Pages 9344 Views 0 Downloads 834.14 KB
Topic 5: LAW OF CONTRACT Trending!
The Law of Contract Act 1961, S. 2(2) provides that, except as may be provided by any written law for the time being in force, the common law of England relating to contract, as modified by doctrines of equity and by the Acts of the United Kingdom Parliament specified in the schedule to the Act, to the extent and subject to modifications in the said schedule, shall extend and apply to Kenya.
43 Pages 8601 Views 1 Downloads 531.28 KB
KEYNESIAN THEORY OF INCOME AND EMPLOYMENT Trending!
The fundamental point of the Keynesian theory of income and employment is that employment is a function of income; the greater the level of national income, the greater the volume of employment and vice versa.
7 Pages 8591 Views 0 Downloads 206.18 KB
CRE Form 1 2022 Trending!
Up to date notes CRE form 1 2022
9571 Views 0 Downloads 104.85 KB
COMMUNICATION SKILLS KNEC NOTES Trending!
The word communication is used to mean speaking or writing or sending a message to another person. Communication is really much more than that. It involves ensuring that your message reaches the target audience and that the receiver understands and responds to the message appropriately.
54 Pages 11827 Views 1 Downloads 751.06 KB
ENTREPRENEURSHIP KNEC LECTURE NOTES Trending!
An entrepreneur is a person who identifies a business opportunity, harnesses and obtains the resources necessary to initiate a successful business activity. In the broader sense entrepreneurship refers to the means of stimulating innovative and creative undertakings for a better business community or world.
165 Pages 10466 Views 9 Downloads 915.54 KB