of a Contract Angelique Gares BUS670 Legal Environment Professor Roger Amos May 24‚ 2010 . This paper is a study of the Element of a Contract detailing the essential elements that constitute a legal binding agreement. A contract can be defined as an agreement between two or more persons for example‚ individuals‚ organizations or government agencies and or business‚ to do‚ or to refrain from doing something in exchange for something of value. The text states “to qualify as a contract‚ a set
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is this class about‚” I thought to myself when I first registered for the Intro to Acquisition and Contract Management Class. Once I attended the class‚ I quickly realized that Government contracting is a big deal‚ because this is how the Government procures their goods and services. The U.S. federal government is the leading consumer of goods and services in the world‚ awarding Billions in contracts every year. There are rules and regulations mandated by Congress that have to be followed when procuring
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Contract Reflection Yinan Edwards Law 421 7/14/2014 Miriam Gold Contract Reflection After four weeks of studying‚ I found it that I am comfortable with week 2 and week 3‚ but I struggled with week 1 and week 4. Since my background is different from others‚ and China has few in common with the American law system‚ I found it very difficult to understand the law structure and the UCC sales. In the other hand‚ I had a few jobs in a special field‚ and I have run into some problems which are related
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Breach of Contract BUS311: Business Law Instructor Katheryne Rogers 3/18/2011 Breach of Contract Breach of contract can happen by a party intentionally breaching the contract or because of unexpected delays. In this paper I will discuss the contract my brother had with an in home appliance sales company. My brother and his wife purchased all of their appliances for their new home from an appliance company. The written agreement was that payment for the appliances was to be made upon delivery
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ability to achieve its goals. The employment relationship is arguably one of the more significant relationships that occur in an organisation particularly the psycho-social component. Critically evaluate the so called theory of the the psychological contract‚ does it provide a valid‚ reliable and predictable explanation that may contribute to an understanding of the organisational success and failure? | | Date | 4/24/2013 | | University of Hertfordshire‚ Business school. Department
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Title Name BUS 311 Business Law I Professor Date Situations that involve written and oral contracts between clients and contractors happen every day. Quite often‚ a price is agreed upon based on a completion date and the performance that happens along the way. One such situation that I have experienced was when my Dad decided to purchase a brand new townhouse in a downtown Cincinnati residential redevelopment project. A private contractor named Drees had won the rights from the city to
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respectively. That is the reason why psychological contract needs to be invented in a new economy whilst loss of trade unions. Subsequently‚ this essay will not only clarify how the psychological contract is defined and how it is evaluated and applied in organisations in reality but also answer the question why a psychological contract is considered as so important in the management of the contemporary employment relationship. By definition‚ psychological contract has been stated as “a set of unwritten reciprocal
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The psychological contract is a little difficult to define because as George (2009‚ pg3) states it ‘is implicit in that it is unspoken‚ unwritten and often only becomes apparent when it is breached‚ causing feelings of violation’ none the less it is extremely important part of the business and can be what ‘binds the employee and the employer together’ (Robinson and Rousseau‚ citied in George 2009 pg4) ‘through the mutual expectations of input and outcome’ outlined by Businessballs (2010) CIPD (2004
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29 ENTERING THE ICE CREAM BUSINESS: A CASE STUDY OF KLEINPETER FARMS DAIRY John James Cater III‚ Nicholls State University Ken Chadwick‚ Nicholls State University CASE DESCRIPTION The primary subject matter of this case is strategic management for small business‚ specifically developing a new product and entering into a new competitive arena for an established small family business. Secondary issues examined include marketing strategy‚ human resource management‚ and operations management
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enter into a short futures contract to sell July silver for $17.20 per ounce. The size of the contract is 5‚000 ounces. The initial margin is $4‚000‚ and the maintenance margin is $3‚000. What change in the futures price will lead to a margin call? What happens if you do not meet the margin call? Problem 5.2. What is the difference between the forward price and the value of a forward contract? Problem 5.3. Suppose that you enter into a six-month forward contract on a non-dividend-paying stock
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