People In Business

People In Business

1. Stakeholders

   • Entrepreneur
   • Investor
   • Employer
   • Employee
   • Producer
   • Consumer
   • Service Provider
   • Interest Group

2. Relationships

   • Co-operative (Employee/employee)
   • Competitive (Employer/Employee, Coke/Pepsi)
   • Dependent (Consumers/Producers)
   • Dynamic (Rival Businesses: Town Fair)

3. Elements of a Contract

   • Offer
   • Acceptance
   • Consideration
   • Intention
   • Capacity
   • Consent
   • Legality of Forn
   • Legality of Purpose

4. Termination

   • Performance
   • Agreement
   • Frustration
   • Breach

5. Remedies

   • Damages
   • Specific Performance
   • Rescind