As Target continues to respond to the security breach that has now been estimated to affect up to 110 million people by NBC News.com‚ analysts continue to zero in on the statements and actions by CEO‚ Gregg Steinhafel. And positively so. In the Wall Street Journal article titled‚ “Target Tried Antitheft Cards‚” authors Paul Ziobro and Robin Sidel highlight statements now being made by Steinhafel and actions taken in the past concerning chip-based credit cards. Although the article states that
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INTRO: We’re not interested in proving liability‚ we’re concerned with finding the need for a resolution The creation of a right is distinct from the provision of remedies for violations of that right (just because a right was violated doesn’t necessarily mean there’s a remedy) Choices between responsible solutions in a world of limited possibilities (A solution requires the decision maker to select between alternative possible solutions in a world of limits) GOAL: to use actual
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Application 1: In this scenario‚ Adrian act as a promisor while the Melissa act as a promisee. Adrian had made an offer to a specific person which is Melissa. Hence‚ only Melissa can accept the offer that made by Adrian. Thus‚ when the offer is accepted by Melissa‚ it becomes a bilateral contract (agreement that involve two person or groups). The offer that made by Adrian to Melissa in this scenario is made expressly which is made in word. Adrian had sent an offer letter to Melissa on 1st November
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This scenario shows that a contract can exist between Pat and New Corp based on their implied policies or procedures that are like the ones mentioned in the employee handbook that Pat received when hired. This reason gives Pat a reason to sue due to breach of contract. The handbook states that the employee will be notified or given a corrective action plan if the employee’s performance is unsatisfactory. If the employee does not improve by the mentioned date then termination can follow. The Supreme
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Week Four Assignment By: Kelly Sciberras November 25‚ 2012 DeVry University Business Law – BUSN420 Week Four Assignment As our textbook explains fraud invalidates a contract. “The presence of fraud affects the authenticity of the innocent party’s consent to a contract. When an innocent party is fraudulently induced to enter into a contract‚ the contract usually can be avoided because she or he has not voluntarily consented to the terms. Normally‚ the innocent party can either cancel the
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Contract Remedies BA265 Business Law II Terrance L. Williams Grantham University December 8‚ 2012 Contract Remedies In our case of National Drilling Company filing suit against Overland Transport‚ Inc. asking compensatory‚ consequential‚ and punitive damages‚ the recovery of National will be based on Quasi Contract. As one reads through the scenario‚ he or she may ask themselves a few questions. What were the exact terms of the contract between National Drilling and Overland Transport
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powers of sale 2 voidable title 3 seller in possession 4 buyer in possession 5 agency circumstances. Special powers of sale confers good title on the buyer which prevails over the claims of the original owner. For example‚ goods confiscated in breach of customs regulations‚ abandoned motor vehicles‚ goods left in a hotel room and on public transport can all be sold lawfully. Voidable title states that if a contract is merely voidable and not void‚ the right to sell cannot be exercised if the
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Elizabeth & SSRU Part A: Issue: Can Elizabeth sue SSRU for damages under Australian Consumer Law (ACL)? R/A: 1 1. Supplier: SSRU was the supplier of sound system. 2 2. Consumer: Elizabeth purchased the sound system for the price of $33‚000‚ which was less than $40‚000‚ so she was a consumer‚ S3(1) ACL. And she did not buy it for resale‚ resupply or manufacture purposes. S3(2) 3 3. The purchase of that sound system was a business transaction happened in trade or commerce. 4 4.Goods: S54(1): The sound
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plaintiff did not want to accept his offer so he sold the wool to a third party. There was actually a contract exists before the sale of the wool because acceptance made right after the mail is being mailed. Therefore‚ the defendant was liable in breach of contract. In this case‚ it might go on ad infinitum because once mail is being posted which means that acceptance is being made. Of course‚ there is a high level of uncertainty because of the distance between the two parties causing them difficulties
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Example: The issue is related to Law of Contract under discharge of frustration and impossibility of performance. The fact of the case is Chef Joe entered into a contract with Ixora Hotel to be the chief judge for a series of cooking contest organized by the hotel. Ixora Hotel has paid Chef Joe RM15‚ 000 and agreed to pay another RM15‚ 000 after the contest. However‚ Chef Joe met an accident and suffered severe injuries as for the consequences. Whether the contract between Ixora Hotel and
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