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Case Study: A group of high school friends wants to start a cookies business in Canada but are not sure how or where to start. None of them has any previous business experience. There is also a shortage of money so all seem to agree that they will need to do most of the tasks needed themselves. During a friendly and casual discussion, one suggested that the group should start the business in Ontario and then, based on how things go, they might expand it to other provinces. The group is planning to bake their cookies using the finest organic ingredients including the organic dough. Organic ingredients however are pricey. For this reason, one casually pointed out: "No worries, we could claim that we sell organic cookies, even if this is not exactly accurate". Yes, a second suggested: "We could even claim that a Canadian celebrity has endorsed our cookies. It is a kind of free marketing". Here, a third group member got too excited and pointed out: "We are going to be rich. Even if we cannot fulfill the contracts we sign, you can blame it on me. I am, after all, just a 16-year-old boy. But I have one condition, if we expand, we only employ young people. I do not know how to deal with elderly people". "This is not a problem," the fourth added, "We can add this clause when we draft our first contract". The group understands that anticipating and avoiding legal challenges is a must if they were to be successful in their business endeavour. So, after having their laugh, the group decided to ask you as an "expert" for advice.
Question: Is it acceptable for one contracting party to encourage another not to fulfill his/her contracting duties? and What are some of the legal ramifications the group might face if one of the group's members pretended that a Canadian celebrity has endorsed their cookies?
The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..
This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.
Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.
With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.
It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.
Company Law, Application of Law to Facts and Conclusion.
This assignment related to business law.
Answer all the questions under business law.
Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.
Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.
Business value and ethics, Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..
Advise what tax consequences arise in respect of the payments.
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