Ahmed finds his usual parking place on an empty piece of land has been blocked off. Instead, he goes for the first time to a car parking building. A notice just inside the entrance to the carpark states:
'The company will not be responsible for death, personal injury, damage to vehicles, or theft from them, due to any act or default of its employees or any other cause whatsoever.'
Ahmed receives a ticket when he enters the carpark which refers him to the contents of this notice.
When Ahmed returns to collect his car, he finds it has been stolen. He goes to report this to the carpark attendant and is injured when the attendant negligently allows the barrier to fall on Ahmed's head.
Advise Ahmed as to the following:
Question01: What kind of contract term is the notice?
Question 02: Has the notice been incorporated into the contract?
Question 03: What meaning will be given to the words used in the notice? What is rules does it cover its damage caused by negligence?
Question 04: What is the effect on the notice of the Consumer Rights Act 2015? What are the specific sections of the CRA 2015 which protect Ahmed?
- Advanced Micro Devices TAXAS Instruments 2008 200 2007 200 2008 2008 200 2007 Total assets $ 7.675.0 100.0% $ 11.850.0 100.0% $ 11.9830 100.0% $ 12,647.0 100.015 Total liabilities 27,7570 101. 125 8,560.0 215970 21.8%E 2169270 2134 Total owners' equity $ (82.0) 2.980.0 25.0%/S 8 326.0 8.975.0 78.79 Total liabilities and owners equity $ 7,676.0 100.0% 5 11,650.0 . 100.094 5 11,9230 100.0% $ 126670 100.0% REQUIRED Income statement questions: 1. For 2008, which company has higher total revenues? Are total revenues for each company higher or lower over the two year period? 2. What is the percent change in total revenues from 2007 to 2008 for each company? 3. Is the percent of total expenses to total revenues for each company increasing or decreasing over the two year period? Balance sheet questions: 4. For 2008, which company has higher assets? Are total assets for each company higher or lower over the two year period? 5. What is the percent change in total assets from 2007 to 2008 for each company? 6. Is the percent of total liabilities to total liabilities + owners' equity increasing or decreasing? As a result, is there more risk that each company could not pay its debts? Integrative income statement and balance sheet questions: 7. Are the companies operating efficiently by using the least amount of asset investment to generate a given level of total revenues? Compute total asset turnover for each company for 2008Question 3 Some researchers who utilise Legitimacy Theory posit that organisations will attempt to operate within the terms of their 'social contract". What is a social contract? Question 4 In 2006 the Australian Government established an inquiry into corporate social responsibilities with the aim of deciding whether the Corporations Act should be amended so as to specifically include particular social and environmental responsibilities within the Act. At the completion of the inquiry it was decided that no specific regulations would be added to the legislation, and that instead, 'market forces' would be relied upon to encourage companies to do the 'right thing' (that is, the view was expressed that if companies did not look after the environment, or did not act in a socially responsible manner, then people would not want to consume the organisations' products, and people would not want to invest in the organisation, work for them, and so forth. Because companies were aware of such market forces they would do the 'right thing' even in the absence of legislation). You are required to explain the decision of the government that no specific regulation be introduced from the perspective of: 1. Public Interest Theory 2. Capture Theory 3. Economic Interest Group Theory of regulation.Question 4 (1 point) Oral contracts are: O always enforceable O void for fraud sometimes enforceable O always unenforceable Save Question 5 (1 point) Unless the contract specifies otherwise, each of the following contract duties can be delegated except: O A store's duty to deliver a computer to the buyer's house O A surgeon's duty to perform a back operation O A landscape company's duty to clear snow from a parking lot O A repair shop's duty to repair a computer Save 13 3/24/11 8:51 AM Pete agrees to sell two used snowmobiles to Aaron. When Aaron arrives to pick them up, he says, "Where's the trailer they were on when I inspected them?" Pete replies that the trailer wasn't included in their deal. The written contract doesn't say anything about the trailer. If their disagreement winds up in court, the trailer is most likely: D Part of the deal because of the Parol Evidence Rule. O Not part of the deal because of the Statute of Frauds. O Not part of the deal because of the Parol Evidence Rule. O Part of the deal because of the Statute of Frauds. SaveQuestion 1 (1 point) 3 Indicate (by number) how the component items listed below would appear in sequence on the US 1040 as described in the chapter notes. Adjusted Gross Income Adjustments to income (special deductions allowed to either itemizers or 9 non-itemizers) Total Income 12 Computed Income Tax Liability for the year Income Tax Liability after Nonrefundable Credits 15 Standard Deduction or Itemized Deductions Taxable Income Income Taxes Paid and Refundable Credits Taxes Due or Refund to be ReceivedAdjustments to income (special deductions allowed to either itemizers or non-itemizers) Total Income 6 Computed Income Tax Liability for the year Income Tax Liability after Nonrefundable Credits Standard Deduction or Itemized Deductions 12 Taxable Income Income Taxes Paid and Refundable Credits 15 Taxes Due or Refund to be Received Deduction for Qualified Business Income Tax Credits (nonrefundable) Question 2 (1 point)