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Is the scenario considered to have a contract exist, why or why not?
1) Tim the Toolman and his assistant Al host a cable television do-it-yourself program together. Although from the show it would appear that the two of them have a partnership, in actuality Tim runs this as a sole proprietorship. Al, although extremely handy with the tools, is specifically not allowed to enter into any contracts on behalf of the show. In March, the show invites the CEO of Binford Tools to the show. At the end of taping, Binford CEO asks Tim and Al if they would like the show to be enrolled in the Tool of the Month club for only $49.99 a month. Tim responds sarcastically, although the Binford CEO doesn't recognize the response as being sarcastic, "Why don't you ask Al about it? He knows everything this business needs. Don't you Al?"
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
This report is specific for a core understanding for Financial Accounting and its relevant factors.
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Briefly describe the major differences between a sole proprietorship and a corporation
Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month
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Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.
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