accepts the offer and they sign a contract to that effect. After the contract is signed‚ Teri learns of a Boston rule that all firefighters must live within the Boston city limits. Teri decides not to move and contacts Jack to let him know she won’t be moving after all. Jack sues Teri in municipal court‚ asking for specific performance in accordance with the original deal. Teri argues that‚ although specific performance is usually appropriate in land sales contract cases‚ the judge has the discretion
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Long Legs and Tight Tummies: Media Impact on Female Body Image Media is everywhere you go whether it is in a magazine‚ commercial‚ television show‚ social media‚ or any of the other countless forms. The media is constantly portraying women as an unrealistic‚ perfect kind of beautiful. This perfect‚ beautiful is impossible for anyone to live up to‚ but it is also impossible for anyone to ignore. The role of media in our society is diminishing young women’s body image and their self esteem by targeting
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Introduction A contract is defined as an agreement enforceable by law. Hence for all contracts there should have an agreement. The agreement arises by one of the parties making an offer and its acceptance by the other party. Both offer and acceptance create an agreement. In simple contract should first contain an offer made by one party to the other. What is an offer? As per Sec 2(a) of the contract act “When one person signifies to another his
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common law‚ a contract is a legally binding agreement between two or more parties that sets an exchange of promises of what each party will or will not do".(Elliott‚2011‚p.13) The contract can be unilateral and bilateral. if the oferee can accept simply by promising to perform‚ the contract is bilateral. Bilateral contract is a "promise for a promise"‚ and in order to be formed‚ is not need for consideration to be made at the time when the promises are exchanged . In a unilateral contract‚one party
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Conflict Resolution and Peacemaking Conflict can arise among different people in a variety of ways and at different levels of severity. When two or more people‚ groups‚ or countries interact‚ their individual needs and goals may conflict. Conflict normally comes about over the pursuit of self-interests. The way that society tries to prevent conflict is by establishing laws or guidelines that regulate the self-serving behaviors of individuals and groups (Meyers‚ 2009). One major situation that
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Topic: Conflict resolution in workplace Introduction Interpersonal conflicts often occur in our lives‚ such spending long times dealing with our parents‚ friends‚ partners‚ seniors‚ etc. When we have these experiences‚ we can give them an apology for our mistakes. Because we have a close relationship with them‚ they usually forgive us or give us one more chance. Conversely‚ after we enter the workplace‚ we not only have workplace stressors‚ but also work overload. Therefore‚ we cannot use the
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Why do they call these contracts derivatives? Where is the optionality in these contracts? Weather derivatives structures commonly used are: i) cap - a call option; ii) Floor - a put option; iii) Collar - a put and a call option‚ usually with little or no premium; iv) Swap - a derivative with a profit and loss profile of a futures contract v) Digital option - an option that pays either a predetermined amount if acertain temperature or degree day level is reached‚ or nothing at all in other
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Fixed-Price Contract or Cost-Reimbursement Contract Willie Glover BUS 501 February 20‚ 2011 Dr. Nick Nayak Abstract Fixed-price contracts and cost-reimbursements are two different forms of contracts used by the federal government while determining contract pricing. Contracting officers may use either when contracting however there are several types of fixed-price contracts. Fixed-price type of contracts provide for a firm price or an adjustable price. Fixed-price contracts consist of firm-fixed-price
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Elements of a Contract Bus 670 Legal Environment Abstract In order for a contract to be valid‚ it must meet certain standards. Contracts can be formed by two parties for multiple reasons‚ but must hold up to the same standards in court to be valid. The first element of the contract is the offer. The offer is very important because it is where the contract initializes‚ and is presented to the offeree by the offeror (Mallor et al.‚ 2010‚ p. 307). The second element is acceptance. In this
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Six Essential Elements of an Enforceable Contract In normal everyday life contracts are utilized for various situations and reasons. Some contracts are more binding as compared to others based on the six elements of offer‚ acceptance‚ consideration‚ the parties’ capacity to contract‚ the parties’ intent to contract and the object of the contract. This paper examines the above mentioned elements using a contract existing between a customer and a phone dealer. The phone dealer dealt with used but
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