In Some Environments, It Is Very Difficult to Dispose of Used

question 61

Essay

In some environments, it is very difficult to dispose of used products. Explain what special types of disposal problems are created by densely populated areas and what type of business could be created in Manhattan, New York or in Hong Kong that would take advantage of this difficulty.

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Definitions:

Rescinded

To revoke, cancel, or repeal a law, order, or agreement.

Non Est Factum

A defence that may allow illiterate or infirm persons to avoid liability on a written agreement if they can establish that they were not aware of the true nature of the document, and were not careless in its execution.

Statute of Frauds

A legal concept that requires certain types of contracts to be executed in writing and signed by all parties involved to be legally enforceable.

Guarantee Indebtedness

A commitment by one party to answer for the financial liabilities or obligations of another party, ensuring the debt will be paid.