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Car ownership pros and cons
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Imagine this, you are looking to buy a used car. You go to a car dealership that is very popular. They show you a car that you really like and you tell them that you are very interested, you just want to evaluate the alternatives first. You decide to go to an another car dealership, but this time it is a dealership that just started business. This dealership shows you a car very similar to the car you liked at the other dealership, and on top of that, it is almost $10,000 cheaper. Immediately, you know that the dealership is giving you a good deal and without hesitation you buy the car. A few months later you begin to notice that the transmission is going out in your recently purchased car. You go to the dealership and complain, but they say that’s too bad, you bought the car as is. You are beyond frustrated. You tell your friends to never buy a car from that dealership. If the company continually screws over their customers, the business will be unethical and once others find out about the poor business, it will spread like a wild fire.
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It is up to you on how you want that relationship to be. Do you want to be a trustworthy businessmen or a lying businessman, because being a truthful businessman is not always easy. There will be times when business will be slow and you really need to make a sale, but it is important to remember that if you make bad business transactions, you will not only damage your reputation but also the company’s’. In my opinion it is smart to remain a truthful businessman because in the long run you will find more success than a lying salesman, because when it comes to being a lying salesman, you are only going to have immediate success which makes the future very risky. A lying businessman is also faced with another tough issue: covering up his lies. When a lying salesman lies to their customers, from that point on, the salesman will have to constantly lie to cover up his
Tommy Takem owns a small appliance store in the southwest part of the state of Virginia. Tommy has built his business on targeting the poor, unsophisticated, and uneducated in the Appalachian regions of Virginia, Kentucky, Tennessee, and West Virginia. There is little competition in the region where he sells his goods; therefore, he charges 10-20% higher prices than the nearest retail competition. Furthermore, as a ruse to increase sales, Takem’s has hired a few high pressure salespeople to go door-to-door selling the appliances and electronics at a markup of 30% more than his retail location, though this information is not disclosed to the purchaser. Also, as most of Tommy’s clientele have poor credit, the financing is handled by Takem’s Appliances as well, with an additional charge of 15% plus the highest interest rate allowable by
Max was negligent in failing to warn of Joe of the hazardous door, which caused Joe’s injury.
Bonzi found a necklace while staying at a hotel that is owned by Alpha Corp, and the question, “to whom does the necklace belong?” is asked. First of all, the type of property involved, from a legal perspective is personal property, and more specifically, tangible personal property because the necklace is a physical object that can be moved and touched. In determining who the necklace belongs to, the legal decision that needs to be made in relation to Bonzi is: who has legal ownership of the necklace?
1. Because the additional terms become part of the contract,In the battle of the forms, all additional terms become part of the contract unless they are promptly objected to, are material changes or are banned by the offer. Katie sent Phil a text asking him to pick up and deliver her new boots. Phil agreed but only if Katie agreed to go out on a date with him and Katie refused. These additional terms (the date) did not become part of the agreement because Katie refused Phil’s advancement.
The real estate closing is also referred to as settlement. The two terms are interchangeable, though "closing" is the more common usage. This is the final step in a real estate purchase transaction. It's when property ownership is transferred from the seller to the buyer. In the world of real estate, the closing phase is the “magical” phase. It is final step in a real estate purchase transaction. Many people study real estate in hopes to becoming a real estate investor. Real estate investors look forward to the closing transactions due to the potential financial gains after purchasing or selling a property. Four terms every potential real estate investor must know are closing costs, deed, mortgage, and mortgagee.
When I turned twenty-two I was excited to purchase my first car, I had been saving for 5 years in order to obtain the car of my dreams. I knew exactly what I wanted, all the “bells and whistles”, and I knew exactly what I was willing to pay and not a penny more. I thought I had a strong knowledge of the sales and pricing of the particular car I was hoping to buy, because I had done my research for weeks browsing and comparing the Sunday car ads. I was assured that my knowledge of the sales would get me a fair price and a great deal. However, my overconfidence and naivety, in the “creepy” sales tactics used by the dealership, made me unaware of the three hour nightmare that was about to ensue; leaving me brokenhearted, angry and vowing to never step foot on a car lot again.
This essay will examine the concept of market failure and the measures that governments take remedy the failure of the market.
Sole tradership is when the business is fully owned and managed by one person, though others can be employed to help run the business. As the sole traders only financial income is from the business and/or bank loan, they do not have the resources to expand and cover regional or national areas. These types of businesses are located in the small business sector and usually cover local areas. Such businesses could be hairdressers, corner shops or market stalls etc. Sole traderships have unlimited liability so if the business fails to pay its debts the financial responsibility falls on the owner/s to pay the debts in full even if they have to sell their business, personal possessions and assets.
Around 45% of all retail sales in Canada are generated by franchised businesses (Canadian Franchise Association, 2014)
What is Theft? What happens if I’m charged with Theft? Are there Different Types of Theft?
Buyer-supplier relationship established since human beings started to trade goods and services. The relationship developed naturally over time after buyer and supplier developed trust and friendship which was supported by quality of product and services (Wilson. D.T, 1995). The relational development is accelerated as firms attempt to improve their relationship to achieve company goals. At the same time, the expectations in the performance have increased, and this has making the satisfactory relationship became more difficult.
A successful organization recognizes its need to adapt changes to survive global competition. Locally and around the globe, mergers and acquisitions are becoming more common between companies. Mergers occur when two or more companies combine their operations and participate as equal partners in order to achieve strategic and business objectives (Sudarsanam, 2003). Sudarsanam, S 2003, Creating Value from Mergers and Acquisitions The Challenges An Integrated and International Perspective, Harlow FT Prentice Hall. An acquisition occurs when a company takes over a smaller company and gets control to determine how combined operations will be managed (Shook & Roth, 2010). Shook, L V & Roth,
The most important aspect is that even an unethical behavior of one salesperson could result in the undermining of the whole company’s reputation. There are some illegal selling activities which are found to be crossing the line. This means that the salesperson is seen to be misrepresenting the truth. The real attributes and properties
Louie, A. L., & Kulik, L. R., & Jacobson, R. (2001). When bad things happen to the endorsers of good products.
3.Longevity: the sole proprietorship has a limited lifespan once the owner dies or moves on from the sole proprietorship will cease to exist