Into The Korean Market
By: Chew Kheng Fui, Senior Manager
Sales & Marketing Division
The Bee Cheng Hiang Heritage
Bee Cheng Hiangs founder,
Mr Teo Swee Ee concocted
his own secret recipe, and
started to sell freshly grilled
THE PARTNERSHIP ACT
Definition of partnership
(1) Partnership is the relation which subsists between persons carrying on a business in common with a view of profit.
(2) But the relation between members of any company or association which is
DISCHARGE OF CONTRACT
There are 4 ways in which a contract can come to an end:
1. Discharge by performance
2. Discharge by breach
3. Discharge by agreement
4. Discharge by frustration
The general rule is that only the precise and exact performan
CHAPTERS 3 & 4
ELEMENTS WHICH FORM A CONTRACT
Invitaton to Treat (p64)
An offer is an expression of willingness by the offeror to contract on certain terms, with the intention that,
CHAPTER 18 TORT OF NEGLIGENCE
of Duty of Care
TORT OF NEGLIGENCE
The tort of negligence is a wrongful act or omission that results from a breach of duty of care, resulting in
damage to an injur
FORMS OF BUSINESS ORGANIZATIONS
BUSINESS FORM PRIORITY
When a business is owned by a single person, the business is a sole proprietorship.
Ease and Low Cost of Setting Up and Maintenance
CHAPTER 16 AGENCY
PRIVITY OF CONTRACT
Based on the doctrine of privity, the general rule is that only the parties to a contract can sue and be sued on it.
Price v Easton (1833) A debtor owed Price 13. The debtor agreed to perform work f
\FORMS OF BUSINESS ORGANISATIONS - COMPARATIVE TABLE
Limited Liability Partnership
Owner(s) of the business
Partners (min. 2, max. 20).
*partnership is known as "firm"
TERMS AND EXEMPTION CLAUSES
(p114)Terms Reps (p114) Pufs (p113)
PUFFS, REPRESENTATIONS, AND TERMS
Pufs are statements which are vague because of imprecision or exaggeraton.
- Such statements have no legal efect whatsoever.
Dimmock v Hallet (1866
SOCIETY, BUSINESS & THE LAW
What is Law?
o A set of rights and obligations in a given society which are enforceable.
o States the rights and obligations of a person, thus regulating his behaviour and protects a person
o Note: a moral right is no
How RFID are changing the NFL
Article Link: http:/www.forbes.com/sites/aarontilley/2016/02/06/how-rfid-chips-are-changingthe-nfl/#209c3095ad0c
Video Link: http:/www.forbes.com/sites/aarontilley/2016/02/06/how-rfid-chips-are-changingthe-nfl/#209c3095ad0c
Tutorial 3: Financial Markets and Institutions
and Interest Rates
1)True or False
a)IPO stands for initial public offering and it is the first
time when stock of a privately held company is sold to
the public. An IPO is a prima