Principles of business law two questions in an assignment Essay

Principles of business law two questions in an assignment - Essay Example She later refused to pay back this sum of money to Peter. Can he sue her Would it make any difference to your answer if, instead of borrowing this sum of money to go for a boat cruise, she had actually borrowed this sum of money to go for a study tour of China organized by her school In answering these questions, the major source of support was Article 2 of the US Uniform Commercial Code, which broadly covers the law governing sales contracts. Meanwhile the examples of cases cited were taken from English cases. Q1. According to section 2-205 of the US Uniform Commercial Code, in every sales contract, there must be an object on offer, an offer made, an acceptance made, and an exchange. The person making the offer is called the offeror and the person making the acceptance is called the offeree. Even if the offeree has made up his mind to a final acceptance, the agreement is not yet complete. There must be an external manifestation of his assent. This can be some word spoken or act done by the offeree or by his authorised agent, which a court of law can regard as the communication of the acceptance to the offeror. What constitutes communication varies with the nature of the case and has provoked many difficult problems. a) The first scenario mak... What constitutes communication varies with the nature of the case and has provoked many difficult problems. a) The first scenario makes a lot of difference in the interpretation and analysis of the case. Going by the facts of the case, Jane's acceptance was sent within a reasonable time, such that even though Andrew received the letter 'late', the court could still deem the contract enforceable. This view has support from section 2-207(1) of the Uniform Commercial Code, which states that 'A definite and seasonable expression of acceptance or a written confirmation which is sent within a reasonable time operates as an acceptance' Jane could rightly evoke the provisions of this article to rightfully sue Andrew for a breach of contract. Carrying out the stipulated task is enough to constitute acceptance of the offer. However, by making an underpayment for the postage stamp, Jane indirectly failed to communicate to Andrew her acceptance of the offer. This was contrary to the general rule that an acceptance must be communicated to the offeror. The case of Jane and Andrew is typical of one where the postal rule can not be applied because the letter of acceptance was not properly posted (Simpson, 1987). As an academic problem, the postal rule in the work of Wald & Williston (1906) could be evoked to give three possible answers to this scenario in the following light: an offer made through the post might be regarded as accepted in the eyes of the law: i) as soon as the letter of acceptance is put into the post; or ii) when the letter of acceptance is delivered to the offeror's address; or iii) when the letter of acceptance is

Wired verus Wireless Networks :: essays research papers

Wired VS Wireless Networks In today’s world networking is becoming a very common thing with business’s and homes. Some of the main reasons are because you can share files, printers, and other resources. The big networking way style is to use cables connecting all the equipment on a network. Today however, what has a market of its own and is competing with the wired networks is now the wireless network. Many companies have jumped into home networking now, and there is now a big selection of products on the market being wired or wireless. The wired system will provide the highest performance and would make a good choice for home offices, where its speed and low cost would outweigh any cable clutter and a more difficult installation. Wired Home Networks is the least expensive and the fastest by a long shot. It's speed is 10 megabits per second/100 megabits per second Ethernet network. All you need is a couple of plug N’ Play NIC cards, a hub, some cables, some minimal software Traditional wired networks may be the fastest way of moving data between computers, but this product's dependence on a cable (which is a bit thicker than a standard telephone wire) that can clutter and be a problem. You have to be able to string it where people won't trip over it and unless you can hide it, it will add little to your decor. Also, you need to find a location for the hub that's central to the networked PCs and has available AC power. Depending on the distance between your networked PCs, you might also need longer cables. Fortunately, Ethernet cabling is widely available. Now if you want a simple and easy to install home network, wireless is for you. With wireless there’s no need to open your PC. The antenna’s can plug into a phone jack, modem, or parallel ports on your pc’s. With most wireless kits they make sure the network setup process is easy, no matter what your level of experience. The installation software automatically sets up everything without making you deal with network setup screens. The downside to wireless is its speed is only about 1-2 megabits per second. As you can see, it's considerably slower than the 100 megabits per second wired network. Wireless is definitely not optimum for network game playing or exchanging huge files. But 1-2 megabits per second is fast enough for printer sharing and shared Internet access over a conventional modem.

Application Assignment

. How is the Gillette Series being positioned with respect to (a) competitors, (b) the target market, (c) the product class, (d) price and quality? What other positioning possibilities are there? a. Premium to competition b. The Best a Man can Get† – not the most appropriate or cheap at all, but the most value added products, building on the popularity of sensor. c. Differentiated on functional attributes through innovation d. Price premium at an index of 110 to 120. There are many other positioning possibilities for a Brand.Gillette can position the various products it has separately, or treat Gillette as a master Brand. If Gillett is one Brand, then the positioning should be the same as for the other series of men’s grooming products. However if it breaks it into categories, then there is a shaving line, and then a deodorant line, and it can get into an aftershave line as well, unless it wishes to keep it aligned with the shaving category. In this scenario there can be 3 distinct positioning that Gillette can take up in the consumers’ minds. 2.Is Gillette making the best use of the brand equity that has been created with Sensor? Given that Gillett is attempting to make a name for itself and that Sensor has been its biggest success, it makes sense to use the impetus of that to tie into the rest of its line. The tagline of the best a man can get is a solid enough vague claim to make, and own. Since the equity was established for the ‘the best a man can get' and not just Sensor, Gillette is making good use of this, since the Sensor can be seen as a product from Gillette, and one that works very well, at least as per consumer response.Also, given that for men’s grooming, shaving is tied into the process very intricately, it is a logical next step to build onwards from shaving razor blade. However, releasing so many different product types into the market is not the right way to do so. 3 What strategies do you propose to Gil lette? Address the entire marketing mix. Perhaps a more staggered approach would work better, from releasing the gels and after shaves, and then moving onto deodorant, since you do not want to put too many different variants out there.It takes time to build a powerful reason to believe in a product for a consumer, and diluting the equity of sensor with too many different product types would be a disaster. A better strategy would be to first gauge not just consumer reaction to product quality, but to gauge consumer understanding of the brand Gillette. If the Brand is best known for a smooth comfortable shaving razor, then it would be advisable to first build on that equity further and introduce more razors, and add in a shaving gel.Hence the products need to be staggered out. Secondly, to build on the Price, they have one premium product in the form of razors. However there is still room to build a pyramid within Gillette's razors and add in a further premium variant, as well as a di scounted variant as well. The Gels and Deodorants, when they come in should follow a similar strategy come in at a similar premium of 110-120 and then build variants surrounding it. For example the Cool Wave series can be positioned at a 130 premium to competition.A further more niche variant can come in at a 150 index, and then a more standard variant series at a 100 index as the discounted variant series. Ownership of the category in the market is extremely important. The worst thing to do is to not take advantage of proper Placement. Globally companies such as Procter and Gamble as well as L'oreal have taken a space in the mind of the shopper through ownerships of shelves in store. It is important for Gillett series to be placed in a premium place, next to perhaps associated categories, and at eye level to most male consumers in the relevant age group.Shop shelf decoration is also important to announce the premium position. Finally, the promotional angle must not be discounted. I t is the single biggest reason after the Product itself, and is the right call for the consumers to initially think of trial. To achieve this trial, the communication must incorporate the same tagline of Gillette sensor, i. e the Best a man can get, and build on the equity that was created by Sensor. In this manner using all the tools to cater further success.

The Glass Ceiling - 994 Words

I consider myself a feminist solely on the premise of the word’s definition. Webster defines feminist as â€Å"the belief that men and women should have equal rights and opportunities; the theory of the political, economic, and social equality of the sexes.† Our country was founded on similar beliefs but the gender equality segment was forgotten. Women did not have the right to vote or even work until the 1920’s. Even today, women struggle to be considered equals in all aspects of American life. America is still widely seen as a largely patriarchal society even when there are statistically more women employed and single-handedly maintaining a household than ever before. Due to the effects of the glass ceiling, women are continuing to earn less than men in the same career fields with the same amount of education. Double standards and the hyper sexualization of women in the media is a common phenomena in our media outlets. There is such a negative stigma placed on feminist beliefs and practices but if people were to get past the stereotypical persona of a feminist, they would be able to understand the importance of the movement. I’ve also found how vital the feminist movement is for me both professionally and personally as I transition into adulthood. As I mentioned in the introduction, women have struggled and continue to struggle to find equality in the workforce. The glass ceiling was initially utilized by feminist activists to express concerns about the barriers that wereShow MoreRelatedEssay on Glass Ceiling1231 Words   |  5 PagesThe Concept of the Glass Ceiling Women from birth are looked at as inferior to men. As a society we label babies by the color of their blanket when they are born. Boys are given blue as girls are given pink blankets. This from the start separates the two genders. 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Women often experience a barrier for advancement between her –a woman- and a top inRead MoreGender Segregation And The Glass Ceiling1790 Words   |  8 Pages The terminology of ‘the glass ceiling’ defines a variety of barriers that prevent qualified individuals from advancing higher in their organization and the phrase glass ceiling is used most often in regards to women in the workforce (Adair, 2009). In addition, the glass ceiling was a term coined by an American newspaper, the Wall Street Journal, a couple of decades ago to describe the barriers that prevent women from reaching the top ladder in both economic and political fields (Williams, 2006)Read MoreGlass Ceiling and the Effects on Women3053 Words   |  13 Pagesissues that stem from the â€Å"glass ceilings† that still exist today in Corporate America. The term â€Å"glass ceiling† refers to situations where the advancement of a qualified person within the hierarchy of an organization is stopped at a lower level because of some form of discrimination. The metaphor can be simply defined as â€Å"an invisible or transparent barrier that keeps an individual from rising above a certain level in corporations†. Although the idea of a glass ceiling is widespread, there has beenRead MoreThe Glass Ceiling Effect On Women1385 Words   |  6 Pagesare the implications of the â€Å"glass ceiling†? A glass ceiling effect is a political term used to portray the inconspicuous, yet unbreakable boundary that keeps minorities and ladies from ascending to the upper rungs of the professional pecking order, paying little respect to their capabilities or accomplishments. The expression glass ceiling was instituted in a 1986 Wall Street Journal give an account of corporate ladies by Hymowitz and Schellhardt (The Glass Ceiling effect) . At first, the analogyRead MoreWomen are Breaking the Glass Ceiling457 Words   |  2 Pageswomens earnings reduce as they advance in age, in contrast to men. This is likely due to the tendency of women to leave the labor force to start families and the barriers to advancement for women in the corporate ladder. â€Å"In business, a federal Glass Ceiling Commission found that women comprise only 3 to 5 percent of senior managers in Fortune 500 companies† (Blau Kahn, 2000). While it is pointed out that women had closed the wage gap a little in executive roles, from 52% to 73%, and increased theRead More Glass Ceiling in Corporate America Essay1245 Words   |  5 Pages The Glass Ceiling: Fact or Illusion The glass ceiling is it a fact or an illusion? The two words â€Å"Glass Ceiling† are used to describe the barrier that exists for women and minorities-when it comes to getting promoted into the upper echelons of a company. Does the ceiling exist or is it a figment of the imagination? The writer intentions are to present a picture of that ceiling, and show how it plays a part in corporate America. That in fact the ceiling is an injustice being done to women and