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Such disputes are always subject to issues of proof, but if the buyer can prove that the owner new his statements were false, and if those statements concerned a matter that is material to the sale, the buyer can either rescind the contract or recover damages measured by the cost of putting the car into the condition warranted by the seller.
Personal Ethical Perspective and Values in Relation to Consumer Choice
In my personal opinion, it is highly unethical to misrepresent even subjective matters that may not be covered by contract law. For example, the law will not question the transaction because a seller told a prospective buyer that the car ran wonderfully, even if it runs poorly beginning the day after the sale, because the conclusion about what is "wonderful" is subjective and based on personal opinion and characterization. However, the law leaves substantial room between what kinds of statements are actionable at law and what kinds...
In my opinion, consumers should avoid doing business with companies that engage in puffery irrespective of whether it is legally permissible to do so.
Personal Experience with Ethical Programs in Relation to Puffery
I have not had much specific personal experience within organizations in this regard, but I have known people who would typically take full advantage of the room left by the law between what is considered puffery and what is considered a warranted statement of fact. Just as in the case of business organizations, I would have less respect for people who consider themselves bound only by the letter of the law rather than (also) by objective everyday notions of fairness and truth, even about issues that are not necessarily material to negotiations between parties as a matter of law.
Business NEGOTIATIONS (200-250 Words per Question Requested) Why might a negotiator want to separate the value creation and distribution phases when negotiating? What advantages and disadvantages does this approach offer, whether psychologically or in other strategic ways? Give an example from at least one negotiation you've carried out in the course. In principle, the negotiator would prefer to separate and differentiate value creation from benefit allocation because that allows the parties maximum
J Lastly, in chapter 9, Hendon, Hendon & Herbig (1999) focus on "what" or the contract, of cross-cultural negotiations. The authors claim the only purpose of cross-cultural negotiations is to product a "contract" or an agreement, which they define as an "exchange of conditional premises in which each party declares it will act in a certain way" only on the condition that the other parties involved agree to live up
They both serve the purposes of the stakeholder category formed from clients, they just do this with different understanding. Then, the well-being of the stockholders was constantly on the minds of the negotiating CEOs at Wal-Mart and Procter and Gamble. In this order of ideas, all their endeavors were focused on increasing shareholder value. Basically, this materialized in an ongoing desire to increase profitability. Higher profits would result in larger
While Cadbury was initially vulnerable resulting in this take over, Kraft had to borrow heavily to afford the final price of 850p per share. In the coming months and years, Kraft will have to balance against recovering the money put into this acquisition (Wiggins, 2010). A risk, many British politicians and citizens alike fear will mean the end of their signature chocolate in an effort by Kraft to increase
Williams should also consider the recommendation of sending some of the employees of C&C Industries of Indian descent to India as a kind of investigative group to meet with individuals of the Indian government with close ties to the software development and marketing industry. All in all, expanding C&C Industries to the nation of India is an excellent idea but should be done with much care and insight by
It can also be seen as manipulative because, just as it strengthens your position, it can weaken the other person's. However, if you need to resolve a major disagreement, and then make sure you prepare thoroughly. Become a highly effective leader; minimize stress; improve decision making; maximize your personal effectiveness; and much, much more. For a negotiation to be 'win-win', both parties should feel positive about the negotiation once it's