whether a valid contract was formed and who it was formed with. As Rick’s girlfriend didn’t buy the laptop and is under the age of 18 she wouldn’t be able to return the laptop as there has been no contract formed with her. However we can assume that her boyfriend is over the age of 18 and as he bought the laptop this means the contract was formed with Rick instead of Rick’s girlfriend. The type of contract that was formed with Rick was a standard form contract this is a type of a contract is a legally
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3. Contract Law “Is My Agreement an Enforceable Contract?” The Law of Contract involves answering 4 questions: (1) Is my agreement an enforceable contract? Are all of the elements of a contract present. (2) If so‚ what does it require me (and the other party) to do? - What “promises” have become terms of the contract. (3) Can I get out of it (without paying some form of penalty)? - Was the formation of the contract defective in some way (ie were there any ‘vitiating elements’ present)
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Topic 3: Breach in contract 1) Breach of contract: Spanish Contract Law provides a broad notion of breach of contract for any behavior that departs from the specified behavior in the contract in any way (time‚ quality‚ substance‚ etc.) or is not specially justified on legal grounds (actions forbidden by the government are not breaches since they are justified on a legal ground). The general benchmark to determine breach is the contract agreed by the parties themselves‚ and not external notions
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NOTES FOR THE CHARTERED INSTITUTE OF BUILDING AN INTRODUCTION TO CONTRACT LAW OR (GETTING IN AND OUT OF A CONTRACT) Thursday 14 June 2012 by Keith Blizzard‚ Partner‚ Shakespeares Legal LLP BSc(Hons) DipArb FRICS FCIOB FCIArb FFB MEWI Chartered Quantity Surveyor‚ Chartered Builder‚ Chartered Arbitrator‚ Panel Adjudicator‚ Accredited and Panel Mediator‚ Forensic Surveyor and Lecturer Somerset House Temple Street Birmingham B2 5DJ t 0121 237 3000 d 0121 631 5221 f 0121 237 3030 e keith
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Formation of Contract 2 Offer ............................................................................................................... 2 Acceptance ................................................................................................... 4 Certainty ........................................................................................................5 Consideration ............................................................................................... 6
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that one of his uncle’s cars is diesel. Simon writes a letter to Ben as follows: Dear Ben‚ I know that you are interested in buying one of my cars. I would like to give it to you but I know that you won’t accept charity. Therefore I will offer it to you for $500 (I think it is worth about $2‚000). If I don’t hear from you by this Friday I take that you are happy to buy it for $500. I will then drop off the car to your place on the weekend. Regards‚ Simon Ben does not see the letter
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so much for your invitation to accompany you to the dance on Friday ‚ January 17 ‚ at 7:00 p.m.. I ’d love to come. I know that you like very much to dance ‚ and I really enjoy Irish dances. I have hoped for an opportunity to be part of the festivities . I expect we meet our friends as I know they are very excited about this event. I’d better stop now and get on with my studying. I’m looking forward to seeing you and having a great time. Thanks again for the invitation. All the best
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BUS201 Contract and Agency Law Group Based Case Study Bai Kailin Q0806156 Question 1 A tender is also considered as an offer. Tenders refers to a process by which one can seek prices and terms for a particular project (such as a construction job in this case) to be carried out under a contract. The sealed offers themselves‚ including company information‚ a project outline‚ and a price quote‚ are known as tenders or bids. Since Beng Huay Construction Pte Ltd submitted the most competitive
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E’s Suggestion and Outline Document The issue is whether E has made an offer to Palma. Invitations to treat are ‘offers to negotiate – offers to receive offers’.1 By contrast‚ an offer is made where it can be objectively determined that there was an intention by the offeror to be bound on acceptance.2 On the facts‚ it can be seen that E’s mere ‘suggestion’ of the differential pricing schemes was an expression of willingness to commence negotiations because the end of the trial was imminent. Given
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CONTRACT LAW NOTES It is a legal enforceable agreement entered into by two or more different persons with legal capacity. The parties should have serious intention to create legally binding obligations. Their agreement needs to be within parities’ contractual capacity. Furthermore‚ parties should communicate such intention without vagueness each to the other and being of the same mind to the subject matter. Essentials of a contract a) it should be lawful b) possible of performance c) within
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