The Legal Environment of Business: Text and Cases (MindTap Course List)
10th Edition
ISBN: 9781305967304
Author: Frank B. Cross, Roger LeRoy Miller
Publisher: Cengage Learning
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Chapter 12, Problem 5BCP
Summary Introduction
Case s ummary: A person E was working as a district sales manager in company TCP. The company announced a bonus plan giving 200
To find : The indefiniteness of the bonus plan of company TCP to be an offer.
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Question 10
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Question 1Amy and Bianca intended to form a company called Flexible Co Ltd to engage in trading. Before the company was incorporated, Amy and Bianca signed a lease agreement with Fix-a- deal Co Ltd in the name of Flexible to rent an office in Tsim Sha Tsui. Three months after Flexible’s incorporation, Amy met Cyril who mentioned that he had an office of about the same size to let at a much lower rent. Amy and Bianca went to see the premises and found it very suitable for their business. They wish to repudiate the existing lease and take up a new lease with Cyril.Advise Amy and Bianca.
Question 2By reference to relevant section(s) of the Companies Ordinance, explain the effects of incorporation.
QUESTION 1
Which of the following is a FALSE statement?
A. The E-Sign Act completely prevents the use of electronic signatures for
contracting on the Internet.
B. If an employer wants to preserve the at-will employment status of his or her
employees, the employer should insert disclaimers in its codes and handbooks
that nothing therein can be construed to create an express or implied
employment contract.
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QUESTION 2
1. The tort of assault and the tort of battery are:
A. Two names for the exact same tort.
B. Strict liability torts.
C. Independent torts which can occur separately from one another.
D. Require proof of each of the separate elements of negligence.…
Chapter 12 Solutions
The Legal Environment of Business: Text and Cases (MindTap Course List)
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