Explain the elements necessary for formation of a contract, Business Law and Ethics

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Question 1:

List out and explain the elements necessary for the formation of a contract.

Question 2:

What are the advantages and disadvantages of choosing a company over a sole proprietorship? In the light of the above answer, comment also on what structure you would choose to run a five star hotel.

Question 3:

Explain and comment on the law relating to the rights and duties of innkeepers towards their guests

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