acceptance * ‘Capacity or the ability to understand the consequences of a contract by persons of such age prescribed by law & those with sound mind. * ‘Mutual consent’ or agreement on the terms of a contract ‘consideration’‚ or reward for goods or services rendered. The element that distinguishes a contract from casual agreements is that it is legally binding: The law provides a remedy in the event that the promise is broken. Legally‚ certain types of contracts should be in writing‚
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LAW TUTORIAL QUESTIONS Tutorial 1 1. Explain: (a) international law (b) legal rights (c) legal duty (d) public international law (e) private international law 2. Explain the differences between civil law system and common law system 3. Explain: (a) Convention (exam) (b) Treaties (exam) (c) International Organization (d) State (e) Non-Governmental Organization (NGO) (f) MNE & TNC (g)International Person 4.What governs the relationship in International Trade? Tutorial
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Employee Monitoring and Legal Liability 1. Employers can bear legal responsibility if they do not adequately monitor their employees. This is why sometimes extreme measures are taken to keep track of employee’s computer usage. There is a case from New Jersey several years ago in which a company was held liable by an appellate court because an employee transmitted child pornography from his workplace computer. The court ruled this way because the employer had a policy which stated that all email messages
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used mainly for transporting goods on public roads. S 3(2) a person is not a consumer if the goods (regardless of price paid) are acquired: -for the purpose of re-supply or -for using them up or transforming them‚ in trade or commerce (business) in production or manufacture or -repairing or treating other goods for fixtures on land. Crago v Multiquip Pty Ltd (1998) Ostrich egg incubator is not ordinarily acquired for personal‚ household or domestic use. Atkinson v Hastings Deering
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Resolving Ethical Business Challenges Chapter One 1. What are the potential ethical issues faced by Acme Corporation? Acme is essentially bribing buyers to purchase their products. This could backfire on them if the buyers company gets wind of it. The reaction of the company may be to fire their buyer and cut off Acme all together. This of course could be potentially fatal for Acme in two ways‚ one by damaging their infrastructure though lost revenue and two by damaging their corporate
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The action failed because there was no indication that the arrangement was intended to be a contract. .1 Difference between the Tortuous Liability and Contractual Liability. 3.1.1 Contract Law Contract law is that body of rules that govern contractual agreements between persons or merchants. Contract laws outline what a person can or cannot include in a contract‚ and what the remedies are if a party breaches their contractual duties. For example: Silva contracts with James to purchase a van for
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example Sarah has committed larceny by taking personal property that belongs to another person with the intent of claiming the property as her own. 2.In the second example Sarah has committed robbery by taken anothers property by force. 3.In this final example Sarah has committed burglary while breaking and entering. Noting the basic differences regarding the crimes: In the first example of Larceny‚ which involves no force or threat to human life it would be considered the least severe penalty
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for RM150‚000.00 or nearest offer. A new motorbike of the same type would cost 250‚000.00. Dahari knew that the motorbike is worth more than RM150‚000.00. He responded quickly to say he accepted the offer. However James informed him that he has sold the aluminium BMW lightweight motorbike and now he has only a racing motorbike available for sale for RM220‚000.00. Advise Dahari. (Total: 20 marks) Question 1 is about the law contract it entails issues regarding
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1. Invested $70000 in business. 2. business purchased supplies and carpet the amount of supplies 500 and the amount of carpet was $50 paid in cash 3. The advertising of business on cash of 200 4. The business collected loan from bank of 8000 5. The business purchased truck of 9000 in cash 6. Business purchased 100 computer systems of 60000. The business pay 30000 in cash and the rest of amount will after 3 week 7. Business purchased supplies of $500 and write on note that will return after
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Contract Assignment – Week 3 Team D LAW/531 June17‚ 2013 Professor Grace Lee Employment Contract This contract dated this 17th day of June 2013 BETWEEN: Horace Grump (“Employer”) -AND- Nettie Samaritan (“Employee”) BACKGROUND: A. The Employer is of the opinion that the Employee has the ability to assist and benefit the Employer in business and welfare. B. The Employer requests to employ the Employee with the terms and conditions set out in this Agreement. IN CONSIDERATION OF the
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