are of sound mind and in the each scenario they intend to enter a legally binding contract. For a contract to come into existence there have to be three steps involved: • Agreement (Offer and Acceptance) • Consideration • Intention to create legal relations All three scenarios are supported by “consideration”. The general idea of consideration is that contracts involve an exchange in which both parties give something in exchange for the promise of the other. John offers
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iPad’s Security Breach Meredith Morrison Strayer University BUS 508 [ November 26‚ 2012 ] Dr. Ronald Steffel The Goatse Security firm’s possible objectives when they hacked into AT&T’s Website was to test for security. If they could hack into the system‚ so can any other hacker (iPad Security Breach‚ 2010). The Goatse Security firm wanted to confirm that if they could gather e-mail addresses‚ discovering vulnerability‚ so can people who are hackers. “We’ve reached out to the
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Grant Proposal July 16‚ 2012 The local police department is in serious need of funding in all facets. The juvenile program has been hit the hardest and will need the largest cut of the grant because these programs keep youth from becoming repeat offenders or major felons. The rehabilitation and diversion programs are ways to help these juveniles without major cost to the states or counties by offering three to six month programs allowing juveniles a chance to get his or her charges dismissed
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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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INFRASTRUCTURE CONCESSION CONTRACTS: AN INTRODUCTION #2/July 08 What is infrastructure concession contract? What are the advantages and disadvantages of concession contracts? This paper addresses these two questions. Also‚ it outlines the basics of infrastructure concession contracts. I. Introduction Ownership of public assets is a sensitive issue for all governments. However‚ budgetary shortfalls as well as the repeated failure of governments all over the world to maintain these assets have
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------------------------------------------------- HND BUSINESS CONTRACT LAW | Aspects of Contract and Negligence | | | HND BUSINESS - CONTRACT LAW Case 1 1.1 Introduction A contract is a legally binding agreement between two or more people in writing or in words that includes a valid offer and acceptance. The essential elements of a binding contract are: 1. Offer and Acceptance 2. Consideration given by both sides 3. The intention to create legal relationship 4. Privity
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“A data breach is an incident in which sensitive‚ protected or confidential data has potentially been viewed‚ stolen or used by an individual unauthorized to do so.” (“What is a Data Breach?”) Cyber Criminals can potentially hack cars‚ phones‚ computers‚ bank accounts and even baby monitors. (Murdock) With all of these things under attack‚ it can be hard to escape without any personal information stolen. One major data breach took place in 2014 with the Yahoo company
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Psychological Contract Shein (1980) explained the concept of the psychological contract as a set of mutual expectations held between the employee and employer within the workplace. It is an unwritten set of expectations operating at all times. It can also be described as individual beliefs shaped by the organisation that relates to the expectation the employee has in terms of pay‚ fair treatment‚ opportunities etc and the expectations that the employer has in terms of performance‚ loyalty‚ etc.
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Ulysses S. Grant Ulysses S. Grant was born on April 27‚ 1822‚ in Point Pleasant‚ Ohio. He was entrusted with command of all U.S. armies in 1864‚ and relentlessly pursued the enemy during the Civil War. In 1869‚ at age 46‚ Grant became the youngest president theretofore. Though Grant was highly scrupulous‚ his administration was tainted with scandal. After leaving the presidency‚ he commissioned Mark Twain to publish his best-selling memoirs. President Ulysses S. Grant was born Hiram Ulysses Grant. His
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the lessor‚ in consideration of the agreements and covenants hereinafter mentioned to be fulfilled by the lessee‚ both hereby demise and lease to the lessee‚ his heirs‚ executors‚ and administrators‚ for the period of ____________________. The following describe the land and premises‚ 2943 Audrey Drive‚ Gastonia‚ 28054. The total rent during said terms shall be $____________‚ lessee agrees to pay in ____ payments of $____________ on the first day of each month. The
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