In Which of the Following Cases Did the Court Decide

question 13

Multiple Choice

In which of the following cases did the court decide that the contract was valid but illegal as performed?

• A)St John Shipping Corporation v Joseph Rank Ltd [1957] 1 QB 267.
• B)Pham v.Doan [2005] NSWSC 201.
• C)Anderson Ltd v Daniel [1924] 1 KB 138.
• D)Yango Pastoral Company Pty Ltd v First Chicago Australia Ltd [1978] HCA 42.

Recognize the concept of market failure and externalities.

Understand the impact of government interventions on market efficiency and surplus.

Understand the definitions and distinctions between anoxia and hypoxia.

Recognize the factors influencing neonatal health issues including prematurity, low birth weight, and oxygen deprivation during birth.

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Definitions:

Stock Options

Financial instruments that give an employee the right to buy or sell the company's stock at a predetermined price within a specific period.

Scanlon Plan

A participative management approach that focuses on improving productivity and sharing the resulting cost savings with employees.

Collective Stock Options

A form of employee incentive where groups of workers are granted options to buy company stock at a discounted price.

Profit-Sharing Plan

A company program that gives employees a share in the company’s profits based on its quarterly or annual earnings, serving as a tool to motivate and reward employees.