Business law Assignment Example | Topics and Well Written Essays - 2000 words - 3

Business law - Assignment Example For Consideration To Be Valid, It Must Be Sufficient But Need Not Be Adequate. Explain This Rule and Cite Relevant Court Decisions 12 References 15 Question 1 Issue In relation to the case of Freda v Gullies Hotel, it has been observed that Freda has prosecuted legal charges against the management of Gullies Hotel due to the aspect of losing her money and expensive jewelleries from her room within the hotel premise. However, the management of Gullies Hotel has refused to accept the responsibility in lieu of their prior notice that â€Å"The Gullies Hotel and its Management would not be held liable for the safety of any valuable left in the guest's room. The Hotel has safe deposit boxes at the reception†. Rule In accordance with the scenario of the case Freda v Gullies Hotel, it has been recognised that the case involves the issue of loss of customer’s wealth within the time period while she was obtaining the organisational services. In this context, the case can be cons idered under the Vicarious Liability Law under the provision of UK Business Law (Tort Law) (Jones, 2011). The provision under the law constitutes a set of measures which can be taken a victim against the employers while they are found to be responsible for any loss faced by their customer while undertaking their services. The rule involved within the vicarious law includes different principles that ensure to protect the customers from any misconduct by the employers. Therefore, the law can be appropriately applied in order to mitigate the issue presented in the case Fred v Gullies Hotel (Jones, 2011). Application It has been observed that the case of Freda v Gullies Hotel can be applied to the principles and regulations under the Vicarious Liability Law. Therefore, Gullies Hotel can be sued based on significant legal charges made by Freda. The principles and regulations under the vicarious liability ensure to protect the customers in a scenario of losing their invaluable belongings while undertaking the organisational services. In accordance with the strict liability of the law, the management of Gullies is liable for the issue (Jones, 2011). Similar to the stated concern, Freda lost her money and expensive jewelleries during her absence in Gullies Hotel’s room that she booked. Conclusion With reference to the stated law and the case of Freda v Gullies Hotel, it has been observed that the event of missing of customers’ possession is regulated under the provisions of vicarious liability doctrine. Moreover, the prior consciousness related information cannot be applied as the customer was still under that service rendered by the organisation. In accordance with the principle under the Act of vicarious liability, the management of Gullies Hotel can be sued due to their culpable practice. In this regard, Freda can sue the management of Gullies Hotel and take appropriate legal steps (Jones, 2011). Relevant Case Example Olley v Marlborough Court [1949] The case of Olley v Marlborough Court [1949] can be considered as similar to the aforesaid case scenario. In accordance with the case of Olley v Marlborough (1949), it has been witnessed that the claimant found her fur coat theft from the hotel premise of Marlborough. However, in this case, it has also been observed that the defendant party i.e. Marlborough did not mention any prior notice regarding the probability of theft of the customer liabilities from the hotel pr

Introduction to International Business Global Marketing Assignment

Introduction to International Business Global Marketing - Assignment Example Furthermore, as the retail market of China is growing rapidly just as United States, so, the organization of Wal-Mart desired to penetrate Chinese Markets (Yates, 2013). The Chinese retail market is recognized as one of the most growing market, with estimated revenues of $ 860 billion in the year 2006. Moreover, it is estimated that the retail revenue of the Chinese market might increase to $ 2.4 trillion by 2020. This estimated attracted the world’s leading retailer, Wal-Mart to penetrate into the market of China as compared to others. However, it had to face wide range of challenges or risks at the time of penetration or expansion. These are stated as below. Customer Preferences: this is recognized as one of the most important challenge that the organization of Wal-Mart had to face at the time of penetrating the market of China. However, in order to mitigate the challenge, the organization decided to implement the strategy of ‘go-native’, i.e. local adoption. The organization of Wal-Mart decided to implement the taste and preferences of the local customers so as to attract a wide range of customers of varying income groups and cultures. For example: Wal-Mart decided to offer fresh foods for dining purposes so as to enhance the reliability and loyalty of the customers towards the brand (Gereffi & Ong, 2012). Culture: the organization of Wal-Mart adopts the local culture of China at the time of promoting the products so as to attract a wide range of customers towards the brand that might amplify its brand value and market share. Logistics and supply Chain: in order to mitigate the logistics and supply chain issues, the organization of Wal-Mart recruited a wide range of suppliers in order to attain the ingredients very easily (Gereffi & Ong, 2012). Economic risks: inflation rates acted as one of the biggest economic risk for the organization