"Behavioral contract" Essays and Research Papers

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    Agency: Contract and Agent

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    way as to be able to affect the principal ’s legal position in respect of strangers to the relationship by the making of contracts or the [sale or purchase] of property." So‚ an agent is someone who represents another‚ called the principal‚ in dealings with third persons. Agency is therefore an exception to the general rule of contract law that only the parties to a contract are bound by it. Examples: a director for his company‚ a solicitor for his client Distinguish from other situations

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    He contacts Randy explain the situation wanting to return the watches and reimburse Randy for shipping costs. Randy in turn sues to enforce the original contract. Issue: The issue is whether the Illinois UCC Statute of Frauds deems contract unenforceable because it was never reduced to writing. Law: Under UCC §2-201 (3a)‚ “A contract that does not satisfy the requirements of subsection 1‚ but which is valid in other respects is enforceable: if the goods are to be specially manufactured for

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    Contract Law cases

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    Contract  Law  Cases   The  Offer   Meeting  of  minds:     Clarke  v  Earl  of  Dunraven  and  Mount  Earl:  Yacht  races.  Letters  sent  in   Communication  (in  writing‚  speech  and  conduct):   Carlil  v  Carbolic  Smoke  Ball  Co:  pay  back  100  if  you  get  influenza.  Deposit  1000     The  Acceptance:   Strictly  in  response  to

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    Consideration in contract formation ------------------------------------------------- Top of Form Consideration is essential to the formation of any contract made without deed. It distinguishes a bargain or contract from a gift. Lush J in the case of Currie v Misa (1875) referred consideration consist of a benefit to the promisor or a detriment to the promisee as: “Some right‚ interest‚ profit or benefit accruing to one party‚ or some forbearance‚ detriment‚ loss or responsibility given‚ suffered

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    Contracts I Outline

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    CONTRACTS OUTLINE Prof. Page – Contracts I – Fall 2011 |CONSIDERATION | - A legal contract only exists when there is an exchange – whether that’s a promise for a promise‚ performance for a promise‚ etc… this is called consideration. The promises/performance have to be influencing the other party to act/promise. *i.e. the ‘fuzzy coughdrop’ rule* i. RESTATEMENT

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    Sample Marriage Contract

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    Sample Marriage Contract I. The Authority In the Name of God‚ our Father‚ and the Lord Jesus Christ‚ we‚ _____________________ and ______________________ ‚ hereby‚ before these witnesses‚ are joined in holy matrimony‚ as God intended in Genesis 2: 21-25‚ from this day forward until death. The Authority in and for this marriage shall be Almighty God as revealed in the Holy Bible‚ Authorized 1611 King James Version (“the Word of God”). His words shall be final Authority in every

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    Contract Law Consideration

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    Bibliography: * Poole J (2010) textbook on Contract Law. 10th ed . Oxford OUP * Richards P (2011) Law of Contract ‚ 10th ed. Essex. Pearson. * Poole J (2010) Casebook on Contract 10th ed‚ Oxford. OUP * www.uwl.ac.uk/lrs/elec/law.html

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    Lessee Contract

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    This Lease‚ made and entered into ________________________‚ by and between Curtis Denton Barnhill of the one part‚ hereinafter mentioned called the lessor and __________________________ of the other part‚ hereinafter called the lessee‚ both of said county and state witnessed: That the lessor‚ in consideration of the agreements and covenants hereinafter mentioned to be fulfilled by the lessee‚ both hereby demise and lease to the lessee‚ his heirs‚ executors‚ and administrators‚ for the period of

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    Contract Brief

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    breach of a specific contractual provision despite being given the opportunity to do so through discovery. While Reed speculates that colleges have a duty to protect the health of their athletes‚ he fails to demonstrate how such duty is grounded in contract. Reed asserts the release is not enforceable‚ because it was not supported by consideration. Consideration may be any benefit conferred or detriment suffered. The forbearance of a legal right is a legal detriment which constitutes good consideration

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    Breach of Contract

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    A type of contract‚ a legally binding agreement between two parties to do a certain thing‚ in which one side has all the bargaining power and uses it to write the contract primarily to his or her advantage[1]. Breach of Contract Common Breaches of Contract When any contract is made an agreement is formed between parties to carry out a service and payment for that service. If one of the parties fails to carry out their side of the agreement then the party can be said to be in breach of contract

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