P85‚000.00. The pertinent provision of the contract reads: 3. For and in consideration of the use of the leased premises and above-mentioned equipment‚ the LESSEE hereby agrees to pay the LESSOR a monthly rental of EIGHTY FIVE THOUSAND PESOS (P85‚000.00) for the first year of this Contract reckoned from the date of signing. The monthly rental shall be payable within the first five days of each month without need of demand at the office of the LESSOR. In case of delay in the payment of the said monthly
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Ashely Madison‚ a website that promotes extra-marital affairs was subject to a massive data breach earlier this year; personal details of some 37 million users‚ as well as the companies financial records‚ were threatened with release. Subsequently‚ large caches of the data were posted online and a then-unknown hacking outfit named The Impact Team claimed responsibility. This breach not only compromised the data from the Ashley Madison database‚ but also Avid Life Media‚ who owns the Madison website
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The Land Registration Act 2002 has actually replaced the previous legislation in particular The land Registration Act 1925 which governed and earlier though similar system but with the new statute now governs all matters concerning registered title. The Land Registration Act 2002 was introduced in response to the Law Commission and HM Land Registry report‚ Land Registration for the 21st(2002)1. The Land Registration Act 2002 came in to force on October 13th 2003 . Its main objective is to provide
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Week 7 Breach of the Duty of Care Negligence Duty of care Established or novel duty? Is it a non-delegable duty? What is the scope of the duty? Breach of duty What is the relevant standard of care? Has the standard been breached? Damage Is it recognized by law? Was the breach a necessary condition of the harm? Is the harm within the scope of the defendant’s liability? Breach of Duty The fault part of the negligence action An act or omission of the defendant A failure to act as a reasonable person
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Target Data Breach Charles Moore American Military University Abstract Target a large retail corporation that operates over 1‚700 stores across the United States. They also operate as an online retailer at target.com. In 2012 the retailer earned more than $73 billion dollars in revenue and grew their sales by 5.1% from the previous year. Looking at the revenue and sales growth rate it is hard to fathom that more money could not be spent to ensure that consumer data is protected as much as
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Critique on “Damages” as a remedy for breach of contract under Indian‚ American‚ English and Chinese law. Project: Law of Contracts [pic] |Submitted to: |Submitted by: | |Prof (Dr.) Amar Singh | | |Principal Faculty‚ |Dheerak
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Contract laws are governed by the common law and the Uniform Commercial Code. The difference is that common law usually governs transactions with real estate‚ services‚ intangible assets‚ insurance and employment while UCC governs contractual transactions of goods and tangible goods like a house. It’s very vital to understand their difference especially when dealing with contacts. ANALYSIS OF THE 3 CASES IN SUBMISSION 5-8 1. UCC laws will apply in Maria’s case‚ the laws states that a change to an
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Rental Contract In consideration of the agreements of the Resident(s)‚ known as: The owner hereby rents them the dwelling located at ‚ for the period commencing on the day of June 7 2014‚ and this is month to month rent agreement with renewal review every year. Resident(s)‚ in consideration of Owners permitting them to occupy the above property‚ hereby agrees to the following terms: 1. RENT: To pay as rental the sum of $800.00 per month‚ due and payable in advance from the first day of every
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When Jennings told Wheeler he had sold the car to another party‚ Wheeler claimed Jennings had breached their contract. Is Jennings in breach? Explain. Legal environments in business Today legal environment of business is full of agreements between individuals and business. Although oral agreements can be used to constitute a sale contract‚ but most corporations used formal written contracts when
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TARGET DATA BREACH 2013/14 Introduction There are many types of breaches that can occur when it comes to secure systems and networks. The target breach of 2013/14 was due to human error. It is said that the company had easily stolen credentials. If there was the necessary secure measures taken‚ this breach could have been stopped. Target did not have an adequate firewall which is why the hackers were able to corrupt the system and steal personal information and credit card information. This whole
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