Contract A contract is a promise between two or more persons involving the exchange of some good or service. Some of the basic elements of a contract include: an offer and an acceptance; "capacity‚" or being of legal age and sound competence; "mutual assent‚" or agreement on the terms of a contract; and "consideration‚" or compensation for goods or services rendered. The element that distinguishes a contract from an informal agreements is that it is legally binding:the law provides
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country with 97% population being Muslim‚ and only about 1.8% Hindus. Diplomatic relations between the two are defined by the history of the violent partition of British India into these two states‚ and numerous military conflicts and territorial disputes thereafter. Some of the contemporary issues mentioned below get you thinking whether or not the long hatred between India-Pakistan will ever fade out. Abu-Jindal in the making of 26/11 Abu Jindal‚ is from the Beed district in Maharashtra‚ and
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Correlation between Conflict and Job Interdependence………..7 Explore Different Avenues of Workplace Conflict Resolution Analyze Different Conflict Resolution Exercises……………………………………………………..8 Explore active listening as a means to addressing conflict…………..9 Understand the Role of Human Resources in Workplace Conflict Resolution……..12 Recognizing the Benefits of Workplace Conflict Resolution…………………………..13 Transcendental leadership: the progressive hospitality leaders silver bullet...............
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A contract is a legally binding agreement or relationship that exists between two or more parties to do‚ or abstain from performing certain acts. A contract can also be defined as a legally binding exchange of promises between two or more parties that the law will enforce. For a contract to be formed an offer made must be backed with an acceptance of which there must be consideration. Both parties involved must intend to create legal relation on a lawful matter which must be entered into freely and
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Most people believe that conflict is something negative. In many cases conflict can be. Whether1 a small dispute between two neighbors or a global conflict that leads to war‚ conflict is inevitable. Disagreement is a part of human nature. We are a society of individuals working together to achieve common goals. How we handle conflict determines whether the outcome is a negative or a positive one. If properly handled‚ conflict may lead to growth‚ maturity‚ and understanding of one another.
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LDR 300 – Foundations of Leadership Team Contract and Plan – Guidelines and Examples “Every minute you spend in planning saves 10 minutes in execution; this gives you a 1‚000 percent Return on Energy!” ― Brian Tracy Why make a Team Contract? Teamwork is challenging whether in person or online and every member’s contribution is needed for the success of the project. All team members must be willing to contribute not only their fair share of the work‚ but also to communicate with team members
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* Ellen started a blog to protest the CEO’s bonus‚ noting that no one below director has gotten a raise in two (2) years and portraying her bosses as “know-nothings” and “out-of-touch”. Ellen started a blog to protest the CEO’s bonus. The employer would need to make sure that Ellen’s post had not been commented on by other employees who were in agreement with her. The company should also look to its’ social media policy if it has one. The employer could be covered if the policy states that employees
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Business Disputes and Political Risks After reading this week’s chapters and doing some internet searching‚ I came across a dispute between Israel and Egypt. The dispute occurred when Egypt terminated its gas deal with Israel. The head of the Egyptian Natural Gas Holding Company has said it has terminated its contract to ship gas to Israel because of violations of contractual obligations‚ a decision Israel said overshadowed the peace agreement between the two countries. Al Jazeera and agencies
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WRITTEN CONTRACTS 1 Written Contracts Javier Garza Grantham University WRITTEN CONTRACTS 2 Written Contracts Paula orally agrees to work with Next Corporation in New York City for two years. Paula moves her family and begins work. Three months later‚ Paula is fired for no stated cause. She sues for reinstatement or pay. Next Corporation argues that there is no written contract between them. What will the court say? Oral contracts are as
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2.1 Definition of Proposal/Offer Section 2(a) of the Contract Acts 1950 provides that: “when one person signifies to another his willingness to do or to abstain from doing anything‚ with a view to obtain the assent of that other to the act or abstinence‚ he is said to make a proposal”. Eg: Ali advertised in Malay Mails that he will give a reward of RM100 to anyone who finds his pet. He signified his willingness to do an act‚ which is to pay a reward‚ upon certain terms‚ with a view of obtaining
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