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Question: Nikita is the manager of 'Steaks Alive', a restaurant that specializes in steaks. She places a large poster on the front window which states "Free Steak! Just register in our 'Steak Eating Challenge'. If you can eat 10 steaks in one hour, they are FREE!". Kat is a steak lover and is very excited when she reads the sign. Steaks in Steaks Alive normally cost $20 each. Kat is a poor student who can never normally afford to eat steak. She enters the restaurant and asks for the challenge. Nikita sits her down at a table and begins the clock at 6pm. Sure enough, Kat manages to eat 10 steaks in 59 minutes. Nikita is shocked. She did not expect that anyone could actually meet the challenge. She promptly hands Kat an invoice for $150. Kat begins to feel ill, not just from overeating, but also the shock of being charged for all that food. When Kat complains:
Q(i) Nikita laughs and says "We can't afford to give away steak! Just be grateful that you got a discount of $50 for being a good sport!". Advise Kat.
Q(ii) After Nikita's 'good sport' comment, Kat tries to point to the poster, but realizes it is gone. Nikita says "Yes, we withdrew that offer just after you walked in. Sorry!" Advise Kat.
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..
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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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