Dustin Brown Student ID# 202011 BBA 3210‚ Business Law Research Project: Analyzing a Contract August 22‚ 2012 “Analyzing a Contract” Introduction I have identified a basic contract that is used when a provider and client have agreed to a specific service and payment for service (Savetz‚ 2012). The contract is at the end of this paper. In my scenario‚ the Client has requested the Provider to complete a concrete pad in the back yard of his new home. I will analyze this contract and identify
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Chapter End Questions Chapter 12-12.1‚ 12.3 Chapter 13-13.4‚ 13.5‚ 13.7 Chapter 14-14.3‚ 14.5 Chapter 15-15.2‚ 15.3‚ 15.4 12.1 Jerome is an elderly man who lives with his nephew‚ Philip. Jerome is totally dependent on Philip’s support. Philip tells Jerome that unless Jerome transfers a tract of land he owns to Philip for a price 30 percent below market value‚ Philip will no longer support and take care of him. Jerome enters into the contract. Discuss fully whether Jerome can set aside this contract
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Business Law Tutorial 6 1. Void contract is defined in Section 2(g) of Contracts act‚ 1950 as an agreement which is not enforceable by the law‚ which gives rise to no rights or obligations. Under Section 11 of Contracts Act‚ 1950‚ every person is competent to contract who is of age of majority‚ and who is of sound mind and is not disqualifying from contracting by any law to which he is subject to. The Age of Majority Act‚ 1971 states that the age of majority is 18. The Privy Council in MOhori
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thefreedictionary.com. The duties are a series of common law‚ statutory‚ and equitable obligations. The duties are analogous to duties owed by trustees to beneficiaries‚ and by agents to principals. Directors owe duties to the corporation‚ and not to individual shareholders‚ employees or creditors outside exceptional circumstances. The duties of a director are divided in two sections‚ the common law duties and the statutory duties of directorship. Common law duties; Duty of Good Faith The most general obligation
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NAME: FIN NO.: BATCH NO.: MODULE: BUSINESS LAW LECTURER: MR MAHADEVAN LUKSHUMAYEH Question: In early 2013‚ Beauty property developer negotiated with Stylish over a new house in the eastern sector of Singapore. Beauty and Stylish had various meetings about the cost and finish of the house. At one of their meetings‚ Stylish asked Beauty whether the price of the house included curtains‚ blinds and window coverings. Beauty explained that all window coverings were provided for in the contract
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Business Law Name: Course: Instructor: Date: Business Law Legal Issue Both parties entered into a legally binding contract. The legal issue is a breach of contract. For a contract to be legitimate‚ it must have the following three elements; an offer must be made; there must be acceptance‚ and finally there must be consideration. Facts: The defendant entered into a legal agreement with the plaintiffs‚ Jackson Boris and Klara Koop. The defendant made an offer
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agreement during their employment. They both left CH20 and went to work for Meras. According to their non-compete agreement from MERAS v. CH2O‚ INC Northern District of California (2013) “after they ceased working for CH20 they would not work for “any business of similar nature to that of [CH20] which is in competition with [CH20]” for the period of three years” When Beriner and Sughroue went to work for Meras they violated their non-compete agreement by not waiting the specified three years before taking
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be communicated to the acquirer. Lastly‚ the terms and conditions needs to be certain and definitive. All parties involved have the right to duress from one another. If these elements are not met‚ the contract may be seen as invalid. In contract law‚ in order for a contract to exist‚ one part must make an offer and the other must accept the offer. There are several rules to the accepting of an offer. First‚ prior to the offer being accepted‚ the offer may be withdrawn. The offeree must accept the
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BUSINESS LAW (BBL 2014) TRIMESTER 1‚ 2013/2014 SESSION Assignment title: Comparative Study and Analysis of The Laws of Malaysia and United States PREPARED BY: STUDENT NAME STUDENT ID ITTIPORN PRASERTSIT 1092701396 ER CHEE ZHENG 1102700368 ALI JAVIDFAR 1101106508 MUHAMMAD ASYRAF SHABARUDDIN 1061111744 SHAHIN BAGHERI 1092700846 PREPARED FOR: DR. BAHMA A/P A SIVASUBRAMANIAM
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Research Paper: The law laid down in Soloman v. Soloman and Co. is often considered the source on the basis of which the jurisprudence of corporate personality has been written world over. However‚ the history of corporate-commercial litigation has witnessed situations where in the Courts have gone beyond the corporate cloak and analyzed the working and the motives of the members or directors of the company: In doing the same‚ the Courts have evolved the concept of lifting or piercing the
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