Running head: Products Liability PRODUCTS LIABILITY MITSUBISHI MOTORS CORPORATION v. LALIBERTE “The phrase (caveat emptor (“buyer beware”) warned that most sellers made no promises with regard to their goods in the U. S. and Britain for centuries. However, common law had shifted by the middle of the twentieth century, allowing those injured by dangerous products to hold both sellers and manufacturers accountable (Halbert/Ingulli, 2012 pg. 282).” In response to question 1: Describe the company, type of business and the product safety issue that led to the lawsuit. “Mitsubishi Motors North America, Inc., (MMNA) headquartered out of Cypress, CA and is responsible for manufacturing, financing, distributing and marketing of brand coupes,
Contracts #4 Model Answer MEMORANDUM OF LAW TO: Chief Operating Officer (COO), Giant Candy Company FROM: Attorney RE: Possibilities of Cost-Savings Due to Questionable Contract DATE: September 16, 2005 QUESTIONS PRESENTED 1. Is there a flaw in the consideration of the contract that would allow Giant to stop honoring the contract and allow it to buy from another vendor? 2. What could Little do, if anything, to cure any alleged flaw in the consideration? 3.
Executive Summary Kenneth Jones, the president of Viscotech, has a handful of regulatory issues to resolve before moving any further with operations. Ideally, the company would have considered SEC regulations before raising the $976,000 in December 1997 from 34 investors through the MIFT pool. Most importantly, Viscotech was desperate for money, so they did not notify the SEC, and accepted money for securities offered under Regulation A, which had not been finalized by the SEC staff. Viscotech advertised the MIFT as a trust, when it appears to be a contract to buy securities at a future date, but we argue that the security vehicle is exempt under Regulation A (see Exhibit 1) for the following reasons. Under the Securities Act of 1933, the MIFT does not automatically fall into the category of exempt securities, so the company must still file a offering statement with the SEC to avoid penalties.
Outline of Northern Rock Crisis Introduction 1 History Northern Rock Building Society was formed in 1965 as a result of the merger of two North East Building Societies; the Northern Counties Permanent Building Society and the Rock Building Society. During the 30 years that followed, Northern Rock expanded by acquiring 53 smaller building societies, most notably the North of England Building Society in 1994. Along with many other UK building societies in the 1990s, Northern Rock chose to demutualize and float on the stock exchange, to be able to expand their business more easily. Like many other British buildings societies at this time, Northern Rock transformed itself into a bank and mortgage institution. At its Stock Exchange flotation Northern Rock distributed shares to members with savings accounts and mortgage loans.
As Julfikar Ali Manik, Steven Greenhouse and Jim Yardley note, "The PVH Corporation, the parent company of Calvin Klein and Tommy Hilfiger, and Tchibo, a German retailer, have endorsed a plan in which Western retailers would finance fire safety efforts and structural upgrades in Bangladeshi factories — although they first want other companies to sign on." Let's hope something good can come of the horrendous loss of life. Full Story: Western Firms Feel Pressure as Toll Rises in Bangladesh Published on Friday, April 26, 2013 in The New York Times Related links: The Bangladesh building collapse: This is what race-to-the-bottom global trade looks like Tags: Bangladesh, Dhaka, Disaster, Rana
Background History of Clorox Clorox was established in 1913 as a producer of industrial strength liquid bleach. Through the years Clorox expanded its sale of bleach to the whole United States. Proctor and Gamble was attracted to the market leader in bleach and purchased Clorox in 1957. Later in 1969 Proctor & Gamble had to divest Clorox because of the bleach monopoly that was created with the acquisition in 1957. Clorox as an independent company displayed similarities to its previous owner by purchasing other companies to diversify its product lines.
The partners initially concluded that Stemberg was overestimating the market. “Look,” Stemberg told Romney, “your mistake is that the guys you called think they know what they spend, but they don’t.” Romney and Bain Capital went back to the businesses and tallied up invoices. Stemberg’s assessment that this was a hidden giant of a market seemed right after all. So Bain Capital invested $650,000 to help Staples open its first store in Brighton, Massachusetts, in May 1986. In all, it invested about $2.5 million in the company.
According to http://www.spartacus.schoolnet.co.uk , accessed October 25, 2012, Ford resented getting involved in war, but after Pearl Harbor he turned over his vast production resources to his country. His factories would soon produce tanks, armored cars, jeeps, bombs, and engine-powered landing craft. An example of this would be the Ford plant at Willow Run that produced over 8,000 Liberator bombers during the war. Fords improved assembly line methods would contribute to the Allied win in World War II. His output of automobiles contributed to the expedited construction of
They needed the support of the manufacturing company to have the town survive. Our Government needs to be more involved with helping the American businesses by using trade agreements and import quotas similar to the ones that Ronald Regan imposed. Regan imposed temporary quotas on some Japanese goods, trying to give American manufactures the time to compete with the reliability and efficiency of the cars arriving from Japan. However, the plan did not work as Regan had hoped it would. The Japanese opened factories in the United States.
Osama Bin Laden, who helped to create this notorious group, was a leader, religious fanatic, and soldier to the Islamic cause. In the following paragraphs I am going to discuss the origins of Osama Bin Laden, Al Qaeda and what countermeasures it might take to put an end to tyranny. Osama Bin Laden was born on July 30, 1957 in Riyadh, Saudi Arabia according to the CIA in Washington DC, but due to the fact that it was not a common practice to register births in Saudi Arabia at that time that date is controversial. His bother Yeslem Bin Laden stated in an interview with the London Sunday Times that he was either born in 1952 or 1953 (Gunaratna). His was the seventeenth son of fifty-two; his father was Muhammad Bin Laden from Yemen and his mother Hamida from Damascus, Syria.