Week Four Assignment By: Kelly Sciberras November 25‚ 2012 DeVry University Business Law – BUSN420 Week Four Assignment As our textbook explains fraud invalidates a contract. “The presence of fraud affects the authenticity of the innocent party’s consent to a contract. When an innocent party is fraudulently induced to enter into a contract‚ the contract usually can be avoided because she or he has not voluntarily consented to the terms. Normally‚ the innocent party can either cancel the
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DISCHARGEMENT OF CONTRACT The law of contracts forms a substantial part of our various relationships that can have some sort of influence over us on an almost daily basis – even when there is no physical contract in front of us we may still be privy to some sort of contractual obligation. Alternatively‚ if you’re a fan of social theorists such as Jean-Jacques Rousseau‚ you may argue that we’re also bound by ‘the social contract’‚ but we digress. Getting back to our original point
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Damages Damages are normally an award of money. Goal: to put the parties into the position they would have occupied had the contract been performed. For example‚ I offer you a car for £100. You accept. I take back my offer and refuse to sell you the car. You buy a comparable car from someone else and must pay £150 for a comparable car. You may sue me and the court may award you £50 in damages. The court does so to put you back into the financial position you would have had if I had kept to our
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1. What general law or statutory remedies ( if any) should EY seek against Roberta? The remedies for breach a general law duty include an injunction‚ compensation or damages‚ an account of profits‚ rescission of a contract‚ and a constructive trust. Firstly‚ the company can seek an injunction‚ which is an order of the court requiring the director to stop doing something or to undertake a particular action‚ in this case‚ EY can terminate the contract. Secondly‚ in this case‚ even though EY has not
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JUDICIAL CORRUPTION‚ ACCOUNTABILITY AND DEMOCRACY Ronak Karanpuria1[1] “Justice howls when she is dragged about by bribe-devouring men whose verdicts are crooked when they sit in judgment.” Abstract The aim of the paper is to discuss whether the judiciary should be held accountable to law in the present scenario of India. Courts irresponsive behavior will undermine the reign of law and democracy. Defects in selection method of judge’s append with corruption in judiciary
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While the Judicial Branch holds an enormous deal of power and possesses an extremely influential grip on governmental processes that occur in both national and state levels‚ the system of checks and balances assures that it is not a monarchial power while also allowing it some level of power. Judicial review‚ the belief that the Judicial Branch possesses the ability to control and veto decisions made by the Executive and Legislative branches‚ is one such power that the Judiciary contains in the system
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Dr. R and Class‚ The Judicial branch of government depicts the meaning of laws and applies them to the states. It also resolves disputes and has the power to change laws through judicial review. If the review deems the laws incompatible they may annul them. In the United States‚ this branch oversees the court system. The Supreme Court is the highest court of America and is the head of the Judicial Branch. This court rules whether or not something constitutional. The judges are nominated by the President
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AP TERM PAPER JUDICIAL ACTIVISM/ JUDICAL RESTRAINTS Ireland Situmeang AP Government and Politics 4B Mrs. Bould April 22‚ 2012 The Supreme Court receives its powers from Article III of the Constitution. Article III states that “the judicial power of the United States‚ shall be vested in one Supreme Court‚ and un such inferior Courts as the Congress may from time to time ordain and establish.” (The Supreme Court in the American System of Government) According to this‚ the Supreme Court of
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INTRO: We’re not interested in proving liability‚ we’re concerned with finding the need for a resolution The creation of a right is distinct from the provision of remedies for violations of that right (just because a right was violated doesn’t necessarily mean there’s a remedy) Choices between responsible solutions in a world of limited possibilities (A solution requires the decision maker to select between alternative possible solutions in a world of limits) GOAL: to use actual
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Essential Elements of a Contract “A contract is an agreement that can be enforced in court. It is formed by two or more parties who agree to perform or to refrain from performing some act now or in the future.” (pg 208) Recently I was faced with a situation regarding a contract that was not in writing and I had to explain that as long as a verbal contract contains the four essential elements of a contract it is binding. We are so accustomed to seeing contracts in writing that many people assume
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