Hartly & The Auto Dealer What do you think about this situation? Should parties to a sales contract be able to rescind a contract because of mutual mistake of fact? Why or why not? Did either party act unethically in this case? Why or why not? What application does the UCC have here? Finally‚ in the overall context of contract law‚ are there any winners or losers when a contract is rescinded based on mutual mistake of fact? Why or why not? In my studies of the case‚ I read about
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Independent ContraCtor’s agreement Independent contractor—subject to the terms and conditions of this agreement‚ the company (Road Runners Delivery Service) hereby engages the contractor as an independent contractor to perform the services set forth herein‚ and the contractor hereby accepts such engagement. Duties‚ terms and compensation—The contractor’s duties‚ are as follows: The contractor agrees to pick up from local restaurants all orders and to deliver them in a timely and efficiently manner
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CELEBRITY APPEARANCE AGREEMENT This agreement is made on this 1 day of December‚ 2010 between Famous Foodie Tours‚ LLC‚ headquartered at 8650 Lake Shore Drive‚ Suite 760‚ Chicago‚ Illinois and Rebecca Roy‚ who is represented by Joe Collichio‚ who resides at 690 Washington Street‚ Apartment 110‚ New York‚ New York. Hereinafter‚ Famous Foodie Tours‚ LLC will be referred to as “COMPANY” and Rebecca Roy will be referred to as “TALENT”. In consideration of the mutual covenants set forth below‚ the parties
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Sales Agreement THIS SALES AGREEMENT (the "Agreement") dated this 12th day of March 2012 BETWEEN: |Brenda’s Widgets‚ Inc. (BWI) of 123 Main St.‚ Podunk‚ Iowa | |(the ’Seller ’) | |OF THE FIRST PART | |- AND -
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I. What is the Consideration on both sides of this contract? Defined (in my own words)‚ consideration is something of value that is given in exchange for getting something from another person. In my case‚ rent payments are paid to my landlord in exchange for the right to rent the house. II. Are there any conditions in the contract (precedent‚ subsequent‚ or concurrent)? Concurrent. There is a part in our lease that states that we receive a check back from our landlord‚ in the amount of $400.00 every
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WHEN DOES AN AGREEMENT BECOME A CONTRACT? (1) There must be some consideration for it According to Section-2(d) of the Indian Contract Act‚ 1872 “When‚ at the desire of the promisor‚ the promisee or any other person has done or abstained from doing‚ or does or abstains from doing‚ or promises to do or to abstain from doing‚ something‚ such act or abstinence or promise is called a consideration for the promise.” According to Section-25 “Agreement without consideration‚ void‚ unless it is in writing
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NATIONAL LAW INSTITUTE UNIVERSITY A PROJECT OF CONTRACT-I Government Agreements under Contracts and Constitution SUBMITTED TO :- SUBMITTED BY: DR.(Prof.)MOHD. ISHAQ QURESHI SIDDHARTH SHARMA PROFESSOR 2012BALLB100
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Introduction 5 Content 6 Task 1: 6 1. Business agreement: 6 2. Requirement to form a valid contract: 9 Claim 1: 13 Claim 2: 15 Claim 3: 19 Task 2: Explain the differences among conditions‚ warranties and innominate terms with examples to illustrate: 22 Task 3: Law on standard form contracts: 24 Claim 4: 29 Conclusion 32 Reference 32 Introduction The knowledge of the law of contract is very importance when doing business. Law of contract is a part of Common law which focus on the
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SECTION 2: THE AGREEMENT An agreement is the essence of every contract. The parties to a contract are the offeror (who makes an offer) and the offeree (to whom the offer is made). If‚ through the process of offer and acceptance‚ an agreement is reached‚ and the other elements are present (consideration‚ capacity‚ legality)‚ a valid contract is formed. KEY VOCABULARY Material: Subject (matter): Offeror: Offeree: Firm offer: Party (parties): Revoke: Entitled: Disclaim: WARM-UP QUESTIONS:
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Seva Bharat recognizes the critical importance of protecting the privacy of individuals and securing the confidentiality of all official records. Employees of the Department of Information Technology (IT) will make appropriate efforts to protect and secure official data and information. IT positions frequently have privileged access to computing systems‚ applications‚ databases‚ network monitoring tools and other equipment that may contain records and information that are private and confidential
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