HND Business Law Essay Example | Topics and Well Written Essays - 3500 words

HND Business Law - Essay Example ement is entered into, regardless of the manner in which it is executed, all parties agree to abide by the terms and conditions spelled out in said agreement. Only if all parties agree to be released from a particular clause in the contract, or an agreement is reached to null and void the entire contract, it remains in force. If violated, one party will likely have a claim against the other in a court of law. This brief section covers all three of these different types of contracts. When considering verbal agreements and contracts, it is important to remember that they are legally binding as a written contract in many situations. The key today, however, is proving the terms and conditions in question when a disagreement arises in a modern business situation. Under UK law, it has been largely determined that there are two main areas that constitute an actual binding agreement between two or more parties. The first involves whether or not an agreement was actually clearly reached as to the services that were to be performed, or goods provided. The second involves remuneration. If a figure was reached and agreed upon, it would be considered binding. Interestingly enough a verbal agreement today can be reached via either an in-person or on telephone voice exchange, or via email. Verbal contracts are more difficult to prove in a court of law. If one party states that the other party did not meet the conditions or warranties stipulated in the agreement, then problems can arise. If these are written out in a formal and written agreement, the issue is often quickly resolved. If, however, the agreement was verbal in nature, it can quickly become a ‘he said, she said’ affair that makes it difficult to prove one way or other in court. As such, it is recommended that the terms and conditions be clearly spelled out in a contract. Written agreements, quite simply, are similar to verbal agreements, except that they have a verifiable signature on them from all

Business managment Essay Example | Topics and Well Written Essays - 4250 words

Business managment - Essay Example objectives tend to differ in a way that the VAA is a business organization trying to raise profits from the services offered while the British Red Cross is an organization trying to help people to survive hard situation. The target groups are different and the overall aims are also different. The airline has a responsibility of providing education and training to the young unemployed people. They can start aviation colleges, aeronautic engineering collages and such colleges to help the community and the government at large to grow. They can also benefit by employing qualified and skilled personnel who have been trained there. VAA has a responsibility of providing quality services to its customers. They can improve the services by increasing the comfort, the capacity of the air buses and the hospitality. They also have a responsibility of creating a good reputation to the shareholders and investors. This can be done through ensuring that the economic state of the company is maintained. This can also be done through making good use of the capital so as to obtain solid profitability to meet shareholder and investor expectations with stable dividends. (â€Å"Responsibility to stakeholders†. 2004) The airline has a responsibility of taking good care of the employees and staff. They should be provided with a good working environment, treated with fairness and rewarded for their performance since their hard work leads to the prosperity of the firm. It also have a responsibility of ensuring that they help to protect the environment by reducing pollution e.g. by the air buses. It has a responsibility of taking care of the business partners like the suppliers e.g through striving for mutual growth and prosperity. They should also pay taxes to the government and operate under the governing laws. VAA improved the services to the customers by expanding the airlines and enabling travel to many countries. Initially, the airline was intended to fly between London and Falkland