Business Advisory Service Legal responsibilities for business owners Advise for new business owners about: * Legal status and risk involved * Contract Law * Consumer legislation Legal Status When starting up a business‚ one should decide which legal status to choose. Each legal status has its own different responsibilities and there are some risks involved. There are three types of legal status: sole trader‚ partnership and limited companies (Ltd & Plc). * Sole
Premium Contract
Sales Agreement THIS SALES AGREEMENT (the "Agreement") dated this 12th day of March 2012 BETWEEN: |Brenda’s Widgets‚ Inc. (BWI) of 123 Main St.‚ Podunk‚ Iowa | |(the ’Seller ’) | |OF THE FIRST PART | |- AND -
Premium Contract Warranty Implied warranty
Case Study Case 1 A Sydney tramway passenger was injured in a collision with another tram‚ which occurred after the driver collapsed at the controls. The plaintiff argued that the collision could have been avoided if the tramway authority had fitted the tram with a system known as ‘dead man’s handle’‚ a system in use on Sydney’s trains. This would have stopped the tram and avoided the accident. The device had been rejected by the tramway authorities because it was felt that it could cause drivers
Premium Tort law Tram accident Accident
Question 1: Discuss the issues of contract law that arise. 1. The main legal issue in the case is whether the contract has been formed and Daphne is subjected to contract and obligated to pay £200 to Sonya for the TV. The law of contract regarding offer acceptance states that in order to form a contract‚ the acceptance must be unconditional (Black 2011) . Counter-offer is a response to an offer which‚ while not expressly rejecting the offer‚ seeks to qualify it by deleting some of the terms. The
Premium Contract Breach of contract Offer and acceptance
“A common mistake‚ even on a most fundamental matter‚ does not make a contract void at law; but it makes it voidable in equity.” To what extent does this statement represent the law after Great Peace Shipping Ltd. V Tsavliris‚ The Great Peace (2002)? A mistake is an erroneous belief held by one or more contracting parties at the time of entering the contract‚ as to whether certain details pertaining to the contract were true. Mistakes can be classified in three categories; common‚ mutual‚ or
Premium Contract
Drake and Keeler employer could argue the employment-at-will law was the reason for their discharge. According to Lisa Guerin‚ if Drake and Keeler are employed as at-will employees‚ then his or her employer does not need to have a good cause to fire him or her. In fact‚ if Drake and Keeler employer did not make it clear as to what kind of employee he or she was‚ then according to the law he or she is presumed to be hired as at-will. The only way Drake and Keeler can avoid being an at-will employee
Premium Employment National Labor Relations Act Tort law
marketing right to ProPez. The contract needs to have measures in place to protect CadMex interest concerning property rights and potential dispute. There are issues that are involved in resolving legal actions against a foreign business. One issue that is involved is the legal system. When dealing with a case‚ they may want to finish the case quickly rather than handling it with quality. Doing so may lead to evidence not being analyzed. Another issue may be the different laws between the two countries
Premium Law Common law
offeror’s actual meaning was otherwise. * Definition: indication by one person to another of his or her willingness to enter into a contract with that person on certain terms. The ‘offer’ must indicate a willingness by the offeror to be bound without further negotiation as to the terms of the proposed contract. * Offer creates in the offeree a power to create a contract by their unilateral action. * Whether a statement is an offer depends on whether the person to whom it is addressed would reasonably
Premium Contract
Semester 2 2014 Fundamentals of Law: Contracts Assignment Name: Student ID: Table of Contents 1.0 Case 4 2.0 Questions 4 3.0 Memorandum 5 4.0 Reference 9 1.0 Case Semester Two 2014 Bea‚ an amateur art collector‚ read the following ad in the paper: “Steven’s Art and Antiques – The Finest in Collectibles – Internationally Recognised Artists!” Bea went to Steven’s store and spotted a large painting signed with the name “Master”. Bea asked Steven‚ “Is this an original
Premium Contract Offer and acceptance
ZAMBIAN OPEN UNIVERSITY SCHOOL OF LAW COMPUTER No. 21110141 LARRY HORE NJUNGU BACHELOR OF LAWS (LLB) COURSE: CONTRACT LAW (LL 12) LECTURER: GREENWELL LYEMPE ASSIGNMENT No. 2 SECOND YEAR‚ 2ND SEMESTER MOBILE: 0977 666160 CONTACT ADDRESS: PLOT 3601/4‚ MAPEPE ROAD‚ OLYMPIA PARK‚ LUSAKA TASKS: (i) Purpose of contractual remedies and whether they serve their intended objective (ii) Relationship between agency and principal (ii) Misrepresentation
Premium Contract Common law Breach of contract