Crown’s plant in Atlanta.Mitsubishi shipped the wood from Taiwan to Savannah.However‚ in Savannah‚as the railroad was negligent in loading the train which caused the cargo to shift during the trip‚finally the wood got damaged. Issue The issue of the case is that which party should bear the risk of loss given that the railroad’s negligence in loading the train during transport caused the damage to the goods and the contract indicates Mitsubishi would import the wood from Taiwan and deliver it to Crown’s
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Scott was then obligated to pay $1000 dollars to Todd. Scott can recover $500 from Otis which is the $1000 Scott had to pay to Todd less the amount he would have had to pay Perry for pitching a no-hit game. There was no breach of contract in this case. When Eddie had agreed to Wally painting his house for $2500 they entered into a unilateral contract where there is a promise for an act. Eddie has the right to revoke the offer at any time before Wally begins painting. The offer made was not fully
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work for the contract to be sent off to be closed. i. The conditions of the closing were that there was no deposit to be paid but that a special clause was to be included. c. When the closing date arrived‚ Thomas‚ representing his un-incorporated business‚ did not have the funds. II. Facts relevant to legal issue a. The buyer was not able to fulfill the contract. b. The contract - The clause - Any failure to close within 2 days of the stated closing date shall be deemed a breach of contract. Legal
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are some similarities between Rafi’s case and some previous cases in which the court rules the contracts to be invalid due to bilateral mistakes. In Raffles‚ the court makes it clear that the contract is avoidable if both parties are mistaken about a key term in the contract. When making the contract‚ the defendant meant one “Pearless” and the plaintiff another. There was no agreement on the same issue‚ and therefore there is no binding contracti. In Rafi’s case‚ both parties attempt to make an agreement
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if management thinks it’s warranted.” Profits remain high‚ but no bonus is paid. If the employees sue‚ would a court enforce the promise? The fact that a promise has been made does not mean the promise can or will be enforced. Under the common law‚ a primary basis for the enforcement of promises is consideration. Consideration usually is defined as the value (such as cash) given in return for a promise (in a bilateral contract) or in return for a performance (in a unilateral contract) Something
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Business Discussion You own University Heights Apartments‚ a business that rents primarily to students. One evening‚ your tenant Sharon is attacked by an intruder who forces the lock on the sliding glass door of her ground-floor apartment. Sharon’s screams attract the attention of Darryl‚ your resident manager‚ who comes to Sharon’s aid. Together‚ he and Sharon drive the intruder off‚ but not before they both are badly cut by the intruder. 1. Is the intruder liable for what he has done? a. Yes
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District Forum under the Consumer Protection Act‚ 1986 seeking relief by way of compensation on the ground that there was deficiency in service by the nursing home. Does his complaint give rise to a consumer dispute? Who is the consumer in the instant case? Explain briefly? b) Smart booked a motor vehicle through one of the dealers. He was informed subsequently that the procedure for purchasing the motor vehicle had changed and was called upon to make further payment to continue the booking before
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features of the consumer protection act 1986. Also briefly discuss unfair trade practice and restrictive trade practice as discussed under consumer protection Act? Read the case study given below and answer the questions given at the end Case Study Aditya Mass Communication Private Limited Vs
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takes longer and cost more because the arbitrator needs time to hear from both parties‚ analyze facts‚ examine evidence and determine a ruling that is legally binding. Usually parties who decide to use the mediation process will continue to conduct business with each other; typically parties who use arbitration
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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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