A valid contract consists of all essential components which present and the court will enforce as a legally binding promise . One of the elements contract to create a contract is agreement which included an offer and acceptance. “Acceptance is a final and unqualified assent to the terms of the offer‚ made in the manner specified or indicated by the offeror” . Acceptance may be express orally‚ in writing‚ occasionally‚ or even by implied from the offeree’s conduct. In communication of acceptance‚
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------------------------------------------------- Negotiation Planning Worksheet What type of agreement do you hope to accomplish through the negotiation? A win-win solution would be best for both parties! What would you consider to be the best result? As Senior Sales Person for Jones Stamping‚ it would be great to come to an agreement of at least $30.25 per piece‚ with altered packing specifications to satisfy our operations manager. What must you have? a) A clear definition of
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LAW ON OBLIGATIONS AND CONTRACTS* I. Introduction A. Law - from the Latin word “lex” which is derived from the verb “Ligare” meaning “to bind” - a rule of conduct‚ just and obligatory promulgated by legitimate authority for the common observance and benefit (as defined by Sanchez Roman‚ a Spanish Civilist) B. Sources of Law 1. Legislative- Congress 2. Constitution- supreme law of the land 3. Administrative or Executive Orders‚ Regulations and Rulings-
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learning” generally and in relation to the learning contract? I find self-directed learning to be a very challenging especially with just 3 classes for the semester. It becomes a great responsibility to get perfect after each assessment feedback is provided. After each feedback I improved my mistakes and tried my best to write a perfect blog for the next submission. In relation to the learning contract I had to research for a while to get an exact idea on how to write a contract and how to handle each
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Definition Bilateral Contract A bilateral contract is a legal agreement formed between two parties where both parties involved give mutual promises that they both are legally obligated to perform an act in exchange for the other party’s act in future. It means the promise of one party is consideration supporting the promise of the other party. Each party is both promisor and promisee. A bilateral contract specifies a duty to act in exchange for another party’s duty to act. It is also called "reciprocal"
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CIPD Factsheet The psychological contract Revised July 2011 ------------------------------------------------- What is the psychological contract? The term ’psychological contract ’ was first used in the early 1960s but became more popular following the economic downturn in the early 1990s. It has been defined as ’…the perceptions of the two parties‚ employee and employer‚ of what their mutual obligations are towards each other ’1. These obligations will often be informal and imprecise:
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IR issues in Indian Airline industry: 1. Indian Airline industry-introduction‚ definition and overview about this industry. 2. Trade unions in Airline Industry- Explaining everything about unionism. How trade unions are formed? Rules/laws related to trade unions in Indian airline industry. 3. Collective Bargaining- How collective bargaining takes place in this industry. Rules/laws related to this collective bargaining in this industry. 4. Machinery for Settlement of Industrial Disputes 5. Workers’
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In Business‚ contracts can be considered as the heart of dealings and have to be taken with utter most consideration of the acceptance‚ however in order to understand in depth a binding agreement‚ we must first discuss‚ what determines a contract or binding agreement. These can be defined as “an agreement which the law will enforce” as well as a “promise or set of promises which the court will enforce”. To facilitate a binding agreement‚ an acceptance must occur and must be absolutely unconditional
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Amanda Hooper‚ Christopher Pesantez‚ Maria Rizvi‚ Syed Cross-Cultural Communication and Negotiation – Spring 2005 MANA 4340‚ Section 00586 TTH: 2:30 – 4:00pm. Room 128 MH Professor: Dr. Roger N. Blakeney Table of Content I. Introduction II. Negotiation A. The Western View: Direct confrontation B. Types of Negotiations: Transactional and Dispute Resolutions C. Forms of Negotiation: Distributive and Integrative III. Culture A. Individualism vs. Collectivism B. Egalitarian
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What Issues are Most Important to You? Primarily‚ we must be absolutely certain that the Houses will not be destroyed. Commercial uses are unacceptable unless they are at least as tasteful as the Grouse proposal. Any uses that have the potential to generate bad press for Mallory or Myles is not a valid option‚ while good press is an added bonus. Giving James the potential of purchasing a refurbished unit is a plus as well. A secondary concern is maximizing the sale price‚ but only if the initial
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