Nobody downloaded yet

Appraising Legal Concerns - Research Paper Example

Comments (0) Cite this document
Summary
Legal Concerns for Procurement There are two types of operations that any company conducts. One is the inner and the other is conducted and managed outside the company. ‘Inside’ represents all the operations in which only employees of the same company are involved…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.3% of users find it useful
Appraising Legal Concerns
Read TextPreview

Extract of sample
"Appraising Legal Concerns"

Download file to see previous pages Contract Law Contract law is the most fundamental governing law of any procurement project. It is because procurement projects commence after signing the legal contract. Managers must be completely aware of all legal obligations of a contract so they may not step out of line. A comprehensive definition of contract law is; “An agreement between two or more persons which creates an obligation to do or not to do a particular thing. Its essentials are competent parties, subject matter, a legal consideration, mutuality of agreement, and mutuality of obligation.” (Fleming, 2003) But more suitable definition of contract law (regarding procurement management) is; “A contract is a mutually binding agreement that obligates the seller to provide the specified product and obligates the buyer to pay for it” (Institute, 2000) However, most of procurement projects involve more than just mere buying and selling of goods and services. Procurement includes partnerships and joint ventures and they legally bind the participants to perform an action. That is why it is better to use the definition for contract law which has a broader perspective. Taking a deeper look into the broader definition, following ten points can be concluded; a. A contract is a promise between two or more people or two or more parties b. ...
The other party that needs to accept the offer has to accept it unconditionally f. If the accepting party wants to make adjustments (modification) to the original offer, the original offer will become void and a new offer will be formed. This process can continue until there is an offer from one party and an unconditional acceptance of it by the other. g. Concurrency is obligatory; all parties to the contract must agree to the same exact terms. h. A contract becomes only legal when there is ‘consideration’ involved. Consideration is anything that has value and is offered in exchange of something (goods or service). Consideration doesn’t necessarily have to be of the same value. i. The purpose of a contract should be legal as illegal contracts have negligible value in the eyes of law. j. All contracts need to be in the proper legally acceptable format. This usually requires the contract to be in black and white form (on paper) and signed. Mostly real estate contracts and contracts of simple buying/selling are classic examples (Fleming, 2003). Agency law By the standards of this law, any agent that will be appointed by the company (principal) will hold the same position in the deciding about procuring goods as the CEO. In other words, the agent will be acting on behalf of the company. Whatever contract he will enter the company into, the company will be liable to abide by the rules and promises of that contract. In the Latin phrase, the relationship between agent and principal is described by the phrase, qui facit per alium, facit per se, i.e. the one who acts through another, acts in his or her own interests (Wikipedia contributors, 2011). Regarding the matter at hand which ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Appraising Legal Concerns Research Paper Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from https://studentshare.org/business/1435651-appraising-legal-concerns
(Appraising Legal Concerns Research Paper Example | Topics and Well Written Essays - 1000 Words)
https://studentshare.org/business/1435651-appraising-legal-concerns.
“Appraising Legal Concerns Research Paper Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/business/1435651-appraising-legal-concerns.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Resource Concerns
...? Resource Management Concerns number Publish Introduction The company being considered is trying to expand internationally by targeting the Chinese market first. The domestic manufacturing of custom furniture is a simple concern for the company given the vast amount of experience in the field. However, as the operations are moved abroad a number of concerns will arise including concerns regarding resources. Identifying and formulating a fitting response, in relation to resources, before the suggested global expansion is the only real solution to ensuring that the business’ move is successful. Resources as a Concern in Global Strategy Customers expect value for money when purchasing a product. The manufacturer has to ensure... the products...
3 Pages(750 words)Research Paper
Appraising the Research Evidence
...). Advances in medical care ensure that life expectancy of individuals with intellectual disabilities approaches that of quite normal and healthy people. Severe intellectual disabilities are mostly accompanied by other medical conditions and physical disabilities. Health care needs of people with intellectual disabilities should, therefore, be met by mainstream health services. Highly skilled nurses are also required to work with these patients as they have a high intensity of health care support needs. Research conducted into this group of patients revealed some areas of concern. These areas include inadequate patient assessment as well as inadequate communication between nurse and patient. It is essential for nurses and...
10 Pages(2500 words)Essay
Critically appraising the superman
...Sam Paul AND NUMBER 10 December 2007 Critically Appraising the Superman The worldwide infatuation with super powers, superheroes, and any abilities that prove out of the ordinary has sparked hero after hero and villain after villain for many years. Many superheroes bring out the best in people with their freakish abilities and superhuman strength. Superheroes, however, also frequently have specific flaws, not unlike the flaws of the average human being, which ensnare them and create constant footholds for villains everywhere. The existence of superheroes, whose powers transcend the average person's capabilities, allows people to see the things that they imagine themselves having, if only in small doses, and imagine...
3 Pages(750 words)Essay
Ethical Concerns
...parties. Conclusion Health care organizations have a great responsibility to ensure that patients receive the best possible treatment within their respective budgets or finances. Problems occur when one party fails to deliver what is expected by the other. Apart from financial problems brought about by hospital bills, patients and their families are faced with the burden of finding out possible outcomes from the delivery of health care. Another relevant ethical concerns faced by health organizations are medical errors. This is broad topic with legal implications. According to O’Rourke, “errors can be prevented by designing systems that make it hard for people to do the wrong thing and easy for people to...
2 Pages(500 words)Essay
Appraising and Developing Staff
...Topic: Unit 9 Appraising and Developing Staff Lecturer: Presentation: Assignment of 3 Skills and Techniques needed to Appraise Staff The appraisers need to give confidence to the employees to engage freely in the discussion regarding their performance. Friedlob et al. (2002) observe that satisfaction among the workers is accomplished when they realize that the appraisal process is fair and that their views are heard. Such an approach allows the staff to be in a capacity to meet performance targets in future. Both parties need to contribute to the discussion whereby the employees speak about their own performance and also challenge the process. They also need to be...
11 Pages(2750 words)Essay
Environmental Concerns
...Environmental Concerns: Global Warming Environmental Concerns: Global Warming Introduction Global warming also known as greenhouse effect has beenone of the most serious environmental concerns of the past few years. According to many recent surveys, global warming has been selected as one of the top environmental concerns by the public (The World’s Water 2008-09, 2010). The main greenhouse gases are water vapour, CO2, methane, nitrous oxide, ozone and halocarbons (IPCC, 2007a). The main contributor (4 to 36 percent) of greenhouse gas effect is CO2 which is mainly caused by manmade activities like burning of fossil fuels and deforestation. The main consequences of global...
10 Pages(2500 words)Research Paper
The Legal, Ethical, and Managerial Concerns of Employee Monitoring
...Corporate Ethics from a Bottom-up View Point Legal, ethics and managerial concerns of employee monitoring Employee monitoring has developed as a need but then as an extremely disputable issue because of the across the board utilization of innovation. Representative screening is the demonstration of viewing and checking workers activities throughout working hours utilizing boss supplies/property. This expression could be a bit alarming as a representative, where is the line? The restroom is their property; appreciatively there are bosses who know their limits. Lawfully managements are keeping on monitoring their representatives. The main issue that appears to be tended to is what amount they can screen...
4 Pages(1000 words)Assignment
Critically Appraising Quantitative Studies
...Critical appraisal of quantitative studies Critical appraisal of quantitative studies Critical appraisal entails balanced assessment of the strengths and benefits of research against the weaknesses and flaws and aims at ensuring high quality maintenance in research (Gerrish & Lacey, 2006). The factors that must be assessed when critically appraising quantitative studies are validity, reliability, and applicability. Validity entails the extent to which the result from a given quantitative research is true and lacks bias. Validity can be internal or external validity where internal validity entails the extent to which the observed effects are true for the people in the...
1 Pages(250 words)Research Paper
Appraising (Human Resource management)
...Ans. To ensure that the employees’ efforts are directed at achieving the right objectives after they have been altered because of any internal or external factors half-way through the year, it is important to arrange a meeting with the concerned employee at the time when the objectives get changed i.e. middle of the year in this case. While the employee should be briefed over the change of objectives and the manager should convey to the employee the new set of skills and competencies, objectives and goals that he/she is required to achieve, the manager should base the annual performance appraisal on both the performance shown by the employee till this point since the start of the year, and that shown by...
1 Pages(250 words)Essay
Staffing Concerns
...Staffing Concerns Staffing Concerns Q1. As the hiring officer of agency, in order to ensure that only the right applicants are selected for the job, I would conduct the following: 1) Performance of employment background check: I would perform background check on the new applicants so as to establish if the applicants are suitable for the job (Bronwynne, 2007; Mathis & Jackson, 2010; Levoy, 2007; U.S Small Business Administration, n.d). 2) Administration Standard Screening Tests: I would administer screening tests such as: a) Skills test: This will be administered during interview where the aim will be to test the candidates on specific and general knowledge (Jordan & Crews, 2012). b) Physical test: This...
1 Pages(250 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Research Paper on topic Appraising Legal Concerns for FREE!
Contact Us