Unit 21 P1 and P2

ii) When dealing with customers, Eden Sounds prefer to use a “Standard form contract”. Explain what a ‘standard form contract’ is, and list the advantages to both parties in using them.

Price- Another advantage to these phones is the often low end cost. When you factor the cost of a new phone, add a plan, and tack on service fees a cell phone can become a very expensive venture. Often the phones are inexpensive, the plans are affordable, and even unlimited options are much cheaper than their contracted counterparts.

Thirdly, and finally, George believes that the big phone companies such as Spark Vodafone and 2degrees already do it. So what's the big deal and if we're all honest

Contracts rarely stay the same, they are constantly changing and the successful businessperson has to be flexible in order to succeed.

Landline is essentially being outsourced by PRU for routing the calls of the latter yet PRU does not mention it in its marketing campaigns or any other strategic communications of the business. This leaves Landline as a fully-fledged contractor of the outsourced variety. From the relationship between the two companies where Landline submits 80% of revenue to PRU, it is clear that landline gives out commissions to PRU yet it does all the logistics of the daily running of the phone routing service. This puts Landline in a critical situation where the taxman comes calling and the customers who use primarily Landline’s infrastructure are not even aware o0f the existence of such a company. It would be wise for Landline to consider net revenues in the relationship it has with PRU. This way, landline will be able to determine the feasibility of the engagement in terms of profitability and viability much faster than if it went for gross revenue. Gross revenue would be false indictor of the financial position of Landline because 80% of the gross revenue belongs to PRU yet Landline does all the logistics of hiring and paying statutory bills. The journal entries that re important here are the number of seconds per call, the applicable statuary tax per on each call, the hardware and software resource requirements necessary to facilitate the call every second or minute, and the human resource cost applicable to making

Imagine a world without cellphones. Can you think of yourself without one? As the clock ticks with Information Technology, we cannot help but run along the fast lane of the 21st century. Like a car, this development is being fueled by communication: Internet, text messaging, electronic-mails – all bundled up in one gadget, the cellphone. It is needless to say then that cellphones or mobile phones are now the roads of communication. How technology has prospered the human species, giving us with so much liberty, carries a price tag we all have to pay – Responsibility. Mobile network operators embody this responsibility in the form of a contract. Once this contract is breached, the high amount of early termination fee will be the painful

In order to advise both sets of parties, an examination of the key facts is necessary, followed by consideration of what common law principles apply to the facts in order to determine whether a contract exists in either case. This must be done separately for both sets of parties as their individual circumstances vary. Following this, the terms of the contract must be determined and compared to the facts of the case. This will

Some of the benefits of VOIP are, enhanced productivity, reduction in telecommunication costs, and makes any phone system highly flexible. VOIP increases productivity and provides useful features and capabilities that a normal phone system cannot offer.

oce user. If you have a high speed internet connection then choosing a VoIP phone service

A contract is a legal document that tend to create an extended relationship between a buyer and seller of an output, in which they specifically tend to restrict the buyer and seller to exchange at terms indicated in a legal document. Also, contracts are also another way to purchase inputs. Moreover, contract length is mainly depends on the output where it may be short, or lengthy and complicated. Also, contracts clearly need to state the set of tasks that each contracting party expects the other to perform. Along with specifying the set of tasks, they also have stated some of the solutions to the problems in the event where if the buyer or the seller are not able to perform the tasks or able to fulfill its requirement properly. In

Everything needs some rules and codes that should be monitored to create it a good one. Thus to create a valid contract there are also some rules and principles to be monitored, to make the contract good one. The elementary principles that must be followed by Linda green to create a contract arrangement with an impending customer is as the offer from one side and acceptance from other side. Contract law implies that this offer and acceptance should be followed by proper principles and rules that are given by contract law.

Contracts by electronic means are commonly referred to paperless contracts, figuratively. They can be defined as agreements created in digital form without the traditional use of a pen and paper. The dividing line between electronic contracts and the traditional form of contract is very thin. They are arguably governed by the general rules of offer and acceptance applicable in contract law and accepted both internationally and by Australian law. Conversely, a contract formed electronically is treated like a paper agreement and is legally valid if the contract can easily be retrieved for future references after the execution and the parties

All over the globe economic environment activities have increased, the need of regularizing the system and introducing rules and regulations requirements into working well together have also increased with varying systems too. The world has become a sensitive place as far as a customer-service relation is concerned. Certain establishments ensure their obligations to their customer through legal documents that defines their relationship and commitment towards the customer. Relations in the sharing/access economy industry are not based on trust but on the written words, printed and signed by both parties. This is called a binding contract. A contract is commonly defined as an agreement or set of promises that the law will enforce (i.e, breach of which the law will provide a remedy). However, there are many ways of understanding what a contract is and the contract law principles that need to be applied into the formation of a contract. A contract can be seen as a mechanism that facilitates economically efficient exchanges. Michael Trebilcock has suggested that, from an economic viewpoint, the functions of contract law are; first, to prevent opportunistic behavior by enforcing contractual obligations; secondly, to provide a set of default rules and thus save parties the effort and expense of negotiating all of the terms of their transactions; thirdly, to fill gaps in

We enter into contracts every day. Taking a seat in the taxi amounts to entering into a contract. You go to a bar to drink some beers, you have entered a contract though we might not realise that we have entered into a contract. In the commercial world services and goods are normally purchased for resale or consumption. Usually the buyer and the seller will negotiate the terms of the purchase before they enter a transaction which will result in the sale. Trading involves financial risk therefore it is in the interest of all to have recognizable set of rules by which each party agrees and abides to. All business naturally deal with contracts, these contracts can either be unwritten or written. A contract is a legally binding

The Government has announced its plans regarding the extension of consumer protections against unfair contract terms to small businesses. The proposed changes are likely to impact on the way businesses contract with one another, especially in the "small business" arena. Businesses should be aware that a court could declare unfair terms of standard form small business contracts void.