Business Law

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    Business Law

    ASSIGNMENT 1 | BUSINESS LAW | | AHMER HAMMAD KHAN (7655) | 2/1/2011 | | Sources of Pakistani Mercantile Law Mercantile law is a part of civil law. It governs and regulates the trade and commerce in the country. Mercantile law deals with the needs of a business man. This includes laws relating to insurance, partnerships, contracts, companies, negotiable instruments, arbitration, carriage of goods etc. A mercantile law in Pakistan is taken from the English law. So it follows the

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    Business Law

    the employer was contractually oblige not to provide personal information about his employees to the local council to verify those who are yet to pay community charge without their knowledge. 4.0 VICARIOUS LIABILITY Under the common law the employer is responsible for unlawful acts committed by the employee when performing his job. However the employer is not responsible for tortuous acts committed by the independent contractor. 5.0 TAXATION The employer is responsible for tax deduction

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    Business Law

    Product Liability Legal Issues LaTanya Powers LAW 531 September 17, 2012 Mike Kelley Introduction Have you been injured due to a defective product? Has the product that you just purchased failed to have the proper warning label? Better yet, has the design or the manufactured parts of the product somehow become defective? These questions are just some of the legal issues that will be presented within this paper. In addition, the legal principles

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    Business Law

    Appeal held that a series of defects in a Range Rover made it unmerchantable (not of satisfactory quality) even though it was fit to drive. The relation to the case at hand the Tefal active fry worked but not to a satisfactory level of quality. The law states under the sales of goods act 1979 that goods that are of satisfactory quality are free from minor defects, have good appearance and finish and are durable, safe and fit for all the purposes for which such goods are commonly supplied. In regards

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    Business Law

    Sherwanda Fox Business Law 07.26.12 Microsoft Corporation v. i4i Limited Partnership and Infrastructures for Information Inc. No. 10- 290 I4i is a software consulting company that creates markets and sells computers. I4i applied for a patent covering its invention which is an improved method for manipulating an electronic document's architecture and content. This technology is commonly referred to as a "markup language."These computer languages place "tags" around text to tell a computer how

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    Business Law

    ORGANIZATIONAL FORMS Yvette Crespo 310.1.2 The following is an explanation of six types of business models. I will explain the advantages and disadvantages, liability, incomes taxes, longevity, control, profit retention. Location and or convenience and burdens. In conclusion, the reader should have a clear understanding and overview of the six types of business forms. SOLE PROPRIETORSHIP The overall benefits of a sole proprietorship are the flexibility and inexpensive way you can organize

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    Business Law

    default. If the defaulting Partner fails to timely cure such default, the Partner that is then entitled to purchase the defaulting Joint Venturer’s share in the Partner may invoke, in addition to any other remedy at law, the sale of the defaulting Joint Venturer’s interest in the Business Cooperation as stated in paragraph 9.02. 10.02 Sale Notice. Sale Notice. Notwithstanding the written offer requirement of the selling Partner in paragraph 9.02, if the defaulting Partner fails to make the required

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    Business Law

    TABLE CONTENT INTRODUCTION 6 I. The element legal issues in business for a valid contract 7 1.1. The elements in formation of a Valid Contract 7 1.2. Types of Contract 12 1.3. Terms in contracts 17 II. The elements of a business contract in business situation 19 2.1. The elements of contract in the business case 19 2.2. The law on terms in the above two different contracts 20 2.3. The effect of different terms in the two contracts 22 CONCLUSION 24 REFERENT LISTS 25

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    Business Law

    Business and Society Law Kaleb Gee LAW/421 March 20, 2012 Dr. Lisa Browning Business Law Today Introduction Law is a broad and vague term as relating to business. The judiciary branch gives people and businesses a definable structure to operate with-in. Federal and state governments also provide a premise to settle civil and criminal disputes between individuals or individuals versus businesses. This paper will define the functions and role of law in business and society. It will also

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    Business Law

    ------------------------------------------------- ------------------------------------------------- Higher Diploma in Business & Information Technology ------------------------------------------------- International Advanced Diploma in International Business with Entrepreneurship ------------------------------------------------- International Advanced Diploma in Business Administration ------------------------------------------------- International Advanced Diploma in Hospitality and Tourism

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    Business Law

    Loud and Jose have big dreams they want to see fulfilled. Lucky for them they have Miriam, who is a wealthy investor wanting to invest in their dream. Miriam will provide the capital with minimal participation in the business, but is wanting to profit from the business. Business Entity, Control, Taxation, Liability Since there are three individuals wanting to gain and contribute to this sports bar and restaurant the best suitable entity would be as a general partnership. A general partnership

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    Business Law

    Question 1 This issue with this case concerns the offences committed by the three China bus drivers that went on strike, the required criminal laws to deal with the offences committed are Duress, Tort of Conspiracy, Employment law and Discharge of Contract. As part of the common law, Duress happens when one party refuses to agree into a contract and is forced to agree to the contract by violence or a threat, and also the threat must be of relation to actual physical violence to life, limb or

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    Business Law

    Law of agency From Wikipedia, the free encyclopedia Jump to: navigation, search The law of agency is an area of commercial law dealing with a contractual or quasi-contractual, or non-contractual set of relationships when a person, called the agent, is authorized to act on behalf of another (called the principal) to create a legal relationship with a third party.[1] Succinctly, it may be referred to as the relationship between a principal and an agent whereby the principal, expressly or impliedly

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    Laws and Business

    Laws and Business The Legal Standards for Selection requires that the selection process be conducted in a way that avoids discrimination and provides access to employees with disabilities. The Equal Opportunity law affects the information that organizations may gather from an applicant. (Noe, Hollenbeck, Gerhart, & Wright, 2008). The Legal Standards for Selection would have a great impact on any organization. The Human Resource professional must abide by the laws to provide an equal

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    Business Law

    Problem 1 ISSUE Is the terms of Ash’s contract with Davis Car Rental Pty Ltd unfair under the ACL? LAW ACL s.23 states that a consumer’s contract is unfair if: * It causes a significant imbalance in the parties’ rights and obligations, * It is not reasonably necessary to protect the legitimate interests of the business; and * It would cause detriment to the consumer. APPLICATION The car hire contract is considered as a standard form of consumer contract because Ash paid a deposit

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    Business Law

    1. For Week1 1, you will analyze cases based on the first letter of your last name. * A - M: Chapter 2 (4-7) and Chapter 3 (8-10) in the Dynamic Business Law text * N - Z: Chapter 2 (8-10) and Chapter 3 (5-7) in the Dynamic Business Law text 2. For each assigned case, analyze the issue based on the following criteria: * Identify the parties involved in the case dispute (who is the plaintiff and who is the defendant). * Identify the facts associated with the case and

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    Business Law

    Chapter 43 Law for Small Business ------------------------------------------------- Section 1: The Importance of Legal Counsel ------------------------------------------------- Section 1: The Importance of Legal Counsel This chapter will cover the specific laws for small business owners and requirements needed for someone to start their own small business. The legal principles in this chapter are applied in the context of a small business enterprise. Is an attorney needed for someone to

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    Business Law

    they do not conduct business operations nor enter into contracts with the viewers of the site’s editorials. Part 2 1. Personal jurisdiction is an issue for creators of websites as it relates to commerce. Commercial transactions are applicable to state law, as states have the right to create common law. 2. Reasons that an owner of a website may be concerned with whether a court is able to obtain personal jurisdiction relates to a court’s ability on how the business end of a website operates

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    Business Law - Law of Contracts

    LAW OF CONTRACT: VOIDABLE CONTRACT A formal agreement between two parties that may be rendered unenforceable for a number of legal reasons. Reasons that can make a contract voidable include failure by one or both parties to disclose a material fact. Circumstances or features that make a contract voidable include coercion, undue influence, fraud, misrepresentation and mistake. Based on our case review, we more focus on voidable contract under undue influence. In section 16 has defined undue

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    Business Law

    Common Law, Statutory Law and Administrative Law Common Law Judge-Made Law: Sum total of all cases decided by appellate courts. 200 yrs ago almost all laws were common laws. Today most laws are statutory. Disadvantages: Each state has a body of law different from other states (problems for businesses) Stare Decisis Stare Decisis is the essence of common law. It means “Let the decision stand”. Law by precedent (by state). So there should be a precedent in that. Disadvantages: This is not easy

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    Business Law

    Lecture 1: Introduction to Company Law Lecture 1   Introduction to Company Law Master in International Business International Business Law Francisco Aránega     1  Lecture 1: Introduction to Company Law A.- WHAT IS A COMPANY? An association of persons or entities formed for the purpose of some business or undertaking, which: (i) (ii) has legal personality (the capacity to be independently subject to rights and obligations) separate from that of its members (shareholders);

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    Business Law

    Aspects of Contract Law and Negligence UNIT# 05 Table of Content | | Introduction | 3 | Loc: 01 Understanding Essential Elements Of A Valid Contract In A Business Context Task 11: Essential Elements of Business Contract 2: Three Different Types of Business Contracts and Their Advantages And Disadvantages 3: Terms in

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    Business Law

    OF GOODS LAW Businesses as well as consumers are usually free to enter into contracts on whatever terms they see fit to agree. However, contracts involving sales of goods can be subject to a range of statutory provisions. Consumers have greater protection than buyers who are ‘dealing in the course of a business’. ‘Let the buyer beware’ or ‘caveat emptor’ does not apply to all transactions and anyone selling goods in the course of a business to consumers should be aware that the law will imply

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    Business Law

    Chapter 1 Nature of Law | Definition of Law “a rule of civil conduct prescribed by the supreme power in a state, commanding what is right, and prohibiting what is wrong’ (Blackstone)Functions of Law to maintain stability in the social, political, and economic system through dispute resolution, protection of property, and the preservation of the state, while simultaneously permitting ordered change. Legal Sanctions are means by which the law enforces the decisions of the courts.Law and Morals

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    Law/531 Business Law

    Week 3 Individual Assignment Luis A. Campudoni LAW/531 Business Law Prof. Marlene Wilhite February 19, 2010 Legal Issues in Contract Fulfillment Agreements are a hot and critical topic in business agreements today. How do entities engaging in business contracts conclude in a consensus of the clauses, terms, and expectations of the project seem to fail at times due to expected and / or unexpected factors. This seems to be the case of the business contract between Span Systems and Citizen-Schwarz

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    Business Law

    1.0 Introduction: Law: Laws are present in this world for solely one reason that is to keep order and protect the people from harm ways. Each and every step that we take in the outside world is somehow governed by law For Example, purchasing a new apartment or starting a new business. Contract Law: it can be stated as “the body of law that administrates oral and written agreements associated with exchange of goods, money and property.’’ A contract law includes certain other aspects such as

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    Business and the Law

    Contract Law – Question 3 Within law, a contract aims to provide a legally binding agreement between two or more parties, mutually agreeing to the formal requirements provided within the article. The theoretically underpinnings of the contract as stated in the question are regarded as ‘monumental in attaining the perspective that will allow for substantial understanding of the basis of contract law’. However, there may be at times situations where no agreement may be reached due to certain legal

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    Law Business

    numerous changes have been observed in the law firm business. The traditional law firm practice model has as a result been passed by time and firms or any person attempting this model have always found themselves struggling in this dynamic market. The traditional law practice has also been marked by constant consternation as the law firm does not produce good results. The incorporation of the new law firm practice model is evidenced by the rising number of law firms over the years. This means that to

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    Business Law

    clause. Partnership Act of 1890 defines a partnership as a “relation which subsists between persons carrying on a business in common with a view of profit”. The following three things must exist for an organization to be called a partnership: 1. It must be a business 2. The business must be carried on in common between two or more partners. 3. The persons carrying on the business must do so for profit and unless the profit is shared, the partnership relationship cannot exist. Persons wishing

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    Business Law

    1. Introduction 1.1 definition of Law: [MASS NOUN] (Often the law) The system of rules which a particular country or community recognizes as regulating the actions of its members and which it may enforce by the imposition of penalties: The purpose of this report is to evaluate the purpose of Alternative Dispute Resolution (ADR) paying particular reference to the serves that Acas provides. The extent of its success as a way of resolving disputes outside of formal judicial process. Furthermore

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    Business Law

    Appeal from state supreme courts to the United States Supreme Court is possible only if a federal question is involved. The United States Supreme Court is the highest court in the federal court system and the final arbiter of the Constitution and federal law. Clarkson 12e Ch31_605-622.indd 609 198 U N I T T WO TORTS AN D C R I M ES 9–2. Property Crimes Which, if any, of the following crimes necessarily involves illegal activity on the part of more than one person? (a) Bribery (b) Forgery (c) Embezzlement

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    Business Law

    Business Law and Ethics The Australian Consumer Law Act (Cth) Table Of Contents Page 3 - Topic & Introduction Page 4 - The Old Consumer Law System Page 5 – The New Consumer Law System Page 6 – Comparing the two Systems &The Empowerment of Consumers Page 7 – The Empowerment of Consumers cont’ & Guidance for the both the Consumer and Traders and Legal Practitioners Page 8 - Guidance for the both the Consumer and Traders and Legal Practitioners cont’ Page 9 – The Constitutional

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    Business Law

    PACE UNIVERSITY Law 101 - Business Law I CRN 70058 Fall 2015 Professor Frank G. Colella Wednesdays 9:00 AM – 12:00 PM Syllabus Text: Anderson’s Business Law and the Legal Environment Comprehensive Volume/22nd Edition/Twomey & Jennings Course Objectives 1. 2. 3. 4. 5. 6. To acquaint students with the basic laws governing contracts, torts, crimes, consumer protection, and administrative agencies. The nature and sources of law, the court system, alternate dispute resolution, and

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    Business Law

    Role and Function of Law Ron Metz January 13, 2013 LAW/421 Tom Poulton Role and Function of Law The definition of law is “a body of rules of action or conduct prescribed by controlling authority, and having a legal binding force (Melvin, 2011, pg. 4).” Laws create duties, obligations and rights that reflect the accepted views of any given society. The most obvious purpose of laws is to provide order that defines crimes and levies punishment for violation of the crimes. It also helps to resolves

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    Business Law

    Treatment of Employees: After several months of observing ABC Production Company and its business practices, I recommend that the company establish company policies that address Equality and fair treatment of employees. The company should make a commitment to follow State and Federal Laws and Regulations. I further recommend that ABC Company establishes policies and procedures surrounding the state and federal law. The company should keep records of job performance and disciplinary actions, provide

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    Business Law

    CHAPTER 1 – KNOWLEDGE OF LAW AS A BUSINESS ASSET • Business law – a set of established rules governing commercial relationships, including enforcement of rights o Defines general rules of commerce o Protects business ideas and tangible forms of property o Provides mechanisms allowing selection of desired participation and exposure to risk in business ventures o Ensure losses are borne by those responsible o Facilitates planning by ensuring compliance with commitments • Law – set of rules and principles

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    Business Law

    29 Slide 29 case Application of the Rule/Analysis Partnerships are a particular form of business association or collective business ownership whose foundation lies in mutual confidence and duty of utmost faith in each other which is also referred as fiduciary relationship. Section 29 of partnership act states that the terms of the partnership may be varied by consent which also displaces the common law rule that a written contract cannot be varied except in writing. In this case, there is no evidence

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    Business Law

    or level of economic development. The CISG is therefore considered one of the core international trade law conventions whose universal adoption is desirable. The CISG is the result of a legislative effort that started at the beginning of the twentieth century. The resulting text provides a careful balance between the interests of the buyer and of the seller. It has also inspired contract law reform at the national level. The adoption of the CISG provides modern, uniform legislation for

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    Business Law

    Positive law as the ethic of our time. Business Horizons | September 01, 1990 | Fisher, Bruce D. | Copyright Positive Law as the Ethic of Our Time The number of businesspersons, political leaders, TV ministers, sports personalities, educators, and other role models for American society who in recent years have been fined, imprisoned, left private or public office in disgrace, or been denied Olympic medals starlets many. Others not only are alarmed by the rash of apparently unethical conduct

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    Business Law

    ------------------------------------------------- Law and Legal Reasoning ------------------------------------------------- N.B.: TYPE indicates that a question is new, modified, or unchanged, as follows. N A question new to this edition of the Test Bank. + A question modified from the previous edition of the Test Bank. = A question included in the previous edition of the Test Bank. | TRUE/FALSE QUESTIONS B1. Laws and government regulations affect almost all business activities.

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    Business Law

    Business Law Name Institution Business Law When starting a new business, there is a range of legal issues that the two graduates should put into consideration before making the business operational. Everything from the business structure to its operation to its name has legal implications. Before starting the business, the two graduates are required to sample legal concerns that they want to address with their attorney before they start the business (Miller, Cross, & Jentz,

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    Business Law

    Aspects of Contract and Negligence for Business | Introduction  The main purpose of the report is to recognize the aspects of Contract and Negligence for a Business. In these days, the business atmosphere is filled with agreements between industries and individuals. Whereas oral agreements may be used, maximum businesses use proper written contracts while engaging in actions. Written contracts deliver businesses and individuals with a lawful document affirming the prospects of both the parties

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    Business Law

    relevant rule of law to the facts of the case requires Karen to find previously decided cases that, in relation to the case under consideration, are |  as similar as possible. | | Much of American law is based on | | |  the English legal system | | The best definition of a precedent is | | |  a court decision that furnishes an example or authority for deciding subsequent cases involving identical or similar facts. | | As a judge, Bonnie applies common law rules. These rules

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    Business Law

    State of Confusion Nishman N. Huffman III Bus/415 Business Law July 25, 2011 Kathryn Harris In this day in age, new business is always looking for a way to make a fast dollar. There is an old saying of “he who has the gold makes the rules”! In this particular case the state of Confusion has found a way to make money. Now to give more background on this particular situation, the state of Confusion has set a law in place that requires all trucks that are towing trailers use a special type of

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    Business Law

    the UCC governs sales contracts, or contracts for the sale of goods. The rule is that when a UCC provision addresses a certain issue, the UCC governs; when the UCC is silent, the common law governs. Sales contracts are not governed exclusively by Article 2 of the UCC but are also governed by general contract law whenever it is relevant and has not been modified by the UCC. A sales contract is a contract for the sale of goods under which the ownership of goods is transferred from a seller to a buyer

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    Business Law

    Efrain Santiago Course GM597: Business Law. Assignment 9.4: Business Ethics Loren Vranich, a doctor practicing under the corporate name Family Health Care, P.C., entered into a written employment contract to hire Dennis Winkel. The written contract provided for an annual salary, insurance benefits, and other employment benefits. Nine months later Vrankich and Winkel entered into an oral modification of their written contract whereby Winkel was to receive a higher salary and a profit-share

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    Business Laws

    Business Entities, Laws, and Regulations Trudy E. Hartis BUS/415 November 20, 2011 Mark Rorem Business Entities, Laws, and Regulations A business assumes limitations and liabilities when building the structure of the organization. There are several types of business entities, hiring an accountant or attorney can help you decide what type of business structure best fits the need of the organization or business that you want to establish. Sole proprietorship, is a

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    Business Law

    later forced to claim bankruptcy due to felony charges. Question #2 - Discuss what management could have done in terms of risk management to have prevented the events that lead to the lawsuit. Risk management is a huge part of managing a business. There has to be rules, regulations and procedures in place that will assess every situation possible. In this case, the Board did not do this effectively. Prior to bringing in an external auditor, an internal audit should have been conducted

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    Business Law

    contract. Under Montana law, a written contract can be altered in writing or by an executed oral agreement therefore making their alteration legally binding. Dr. Vranich acted extremely unethical in raising the defense that the contract was not in writing because he was aware of the oral alteration he entered with Dr. Winkel and the only cause for this case was due to a disagreement among the two parties. Cheeseman, Henry (). Business Law: Legal Environment, Online Commerce, Business Ethics, and International

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    Business Law

    REPEAT THESE ANSWERS HERE AS A CONVENIENCE TO YOU. 1A Sources of Law Primary sources of law are sources that establish the law. In the United States, these include the U.S. Constitution and the state constitutions, statues passed by Congress and the state legislatures, regulations created by administrative agencies, and court decisions, or case law. 2A COMMON LAW TRADITION Because of our colonial heritage, much of American law is based on the English legal system. In that system, after the Norman

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