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    Abstract The simple difference between the Articles of Confederation and US Constitution is that the articles were not strong enough to hold our young nation together. The articles operated the US as separate states. Under the articles‚ it was very difficult to pass laws since the requirement of 9 out of the 13 states ’ approval was needed for ratification. The Articles created a loose confederation of sovereign states and a weak central government‚ leaving most of the power with the state governments

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    Contract law introduction

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    res ipsa loquitur- the facts speak for themselves It means that the plaintiff can prima facie establish negligence where the facts are so obvious that somebody must be negligent otherwise the accident would not have happen. In the common law of negligence‚ the doctrine of res ipsa loquitur (Latin: the thing speaks for itself) states that the elements of duty of care and breach can be sometimes inferred from the very nature of the accident‚ even without direct evidence of how any defendant

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    John Law and Ben Bernanke Throughout history‚ economies have been periodically subject to asset price bubbles. These bubbles can be defined as‚ “pronounced increases in asset prices that depart from fundamental values and eventually crash resoundingly” (Mishkin). One of the most prominent examples of such bubble is John Law’s Mississippi Company in 1715. Essentially this was an experiment in fiat money done by John Law on behalf of the Regent of France. The parallels between the recent financial

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    History of the Common Law

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    it operates within the civil justice system – 14 marks The phrase alternative dispute resolution‚ also known as ‘ADR’ essentially is a range of ways to avoid full scale litigation. Access to justice is a fundamental right and is protected under Article 6 European Convention of Human Rights‚ therefore‚ if society is to operate effectively there must a way of ensuring that disputes between individuals can be resolved. Importantly‚ this does not necessarily have to involve going to court. There

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    Compare and Contrast

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    Compare and Contrast Economic Market Systems In differentiating between market structures one has to compare and contrast public goods‚ private goods‚ common resources‚ and natural monopolies. All of these are major factors that need to be considered. Public goods are those goods in which all of society benefit from and are equally shared among everyone within. These types of goods can be consumed simultaneously by several individuals without diminishing the value of consumption to any individual

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    Contract Law: Frustration

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    Question Martina owns two houses in Loughchester. In May‚ she entered into a contract with Loughchester University for it to rent the houses for the coming academic year for use as student accommodation. The University paid Martina £750 straight away‚ with the rent to be paid to Martina by the University monthly in arrears. Martina then engaged Roger Roofers Ltd to carry out repairs on the roofs of the houses‚ to be completed by 23 September‚ in time for the arrival of the students. She paid Roger

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    Contract Law Assignment Advise Grab From looking at the facts laid out by Grab regarding the purchase of a sandwich shop‚ it seems that the most likely action is that of misrepresentation. A misrepresentation is defined at common law as "a statement of fact made by one party to the other party‚ which is false. While not necessarily forming a term of the contract‚ is yet one of the main reasons which induces the one party to enter into the contract" and is supported by the Misrepresentation Act

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    Contract law essay

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    unknowingly enter into series of contracts. This may be in the form of purchasing an article from a shop or by purchasing a railway ticket or by numerous ways. In modern societies‚ because of increasing complexity‚ there has been a practice of concluding contracts in standard form. One such instance of a standard form of contract is contract of insurance. Thus‚ standard form of contracts are those kinds of contracts were parties do not sit together to bargain the terms of the contract. One problem that is likely

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    Contract Law - Offer

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    UNIT 2: OFFER TUTORIAL SHEET 2 ­­­­­­­­­­­­­ 1. What is an offer? 2. Explain the two (2) types of offer? 3. Distinguish between an offer and an invitation to treat. 4. What types of communication do not constitute an offer? 5. Explain each type of communication identified in (4) above. 6. When is an offer effective? 7. Explain the difference between a counter- offer and request for information. 8. Explain whether each of the following is a bilateral offer‚ unilateral offer or not an

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    Law Types of Contract

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    NO | CONTENT | PAGE | 1.0 | QUESTION A | 2 | 2.0 | QUESTION B | 3 | 3.0 | BIBLIOGRAPHY | 4 | 1.0 Belinda enters Tesco Store and selects food items‚ fruit juice‚ vegetables‚ stationary and 2 dresses. She puts these items into her shopping trolley. Has a contract been made between Tesco Store and Belinda at this point? Give reasons for your answer. An offer is an expression of willingness to contract on a specific set of terms‚ made by the seller with the intention that‚ if the offer is

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