Essentials of Consideration Presence of consideration is one of the requisites of Valid Contract. Consideration must be of two directional nature. That means both parties should get benefited mutually. Then only the Contract becomes capable of creating legal relations. Consideration may be in the form of cash‚ goods‚ act or Abstinence. Definition of Consideration “When at the desire of the promissor‚ the promisee or any other person has done or abstained from doing or does or abstains from
Free Law Contract Consideration
Describe the legal and ethical issues surrounding Andersen’s auditing of companies accused of accounting improprieties The largest bankruptcy of a non-profit organization‚the investors of Baptist Foundation of Arizona sued Andersen which served as the auditor for $217 million for issuing false and misleading approvals of BFA financial statements and also lost $570 million donor funds. BFA management allegedly took money from other investors to pay off the current investors which the court held
Premium Audit Arthur Andersen Financial audit
Discuss ethical considerations related to research studies at the sociocultural level of analysis Two ethical considerations in the sociocultural level of analysis are the lack of informed consent and exposing participants to psychological harm. Since a goal of researchers in the sociocultural level of analysis is to investigate the interactions between people and their causes and reasons for it‚ the lack of informed consent is frequently seen in experimental research within this level of analysis
Premium Experiment Informed consent Anxiety
Cultural Considerations Jennifer Head AJS/502 February 11‚ 2013 Joseph Laronge This paper will examine and assesses the cultural concerns and influences of today’s societies with mixed cultures and the effect on the criminal justices system. The paper will address how the cultural concerns and influences affect justice and security administration and practice. The paper will show some contemporary methods by the police and security used in societies of mixed cultures. The paper will address
Premium Police
Employment-at-Will Exceptions: Overview of Associated Terms and Phrases The following descriptions of terms and phrases from the Employment-at-Will multimedia are provided for further review and study. For more information on each term or phrase‚ refer to the pages provided from the Employment Law for Business text. Breach of Implied Covenant of Good Faith and Fair Dealing In an employment relationship‚ this breach may occur if the parties have entered into an employment contract. In a
Premium Employment
Employment at Will When we are dealing with the employment relationship between employers and employees‚ ethical issues are most likely to emerge. Especially‚ if a manager fires a worker without a proper reason‚ critics will follow this employer’s behavior. In Patricia Werhane’s paper‚ “Employment at Will and Due Process”‚ discusses two doctrines which are Employment at Will (EAW) and Due Process. It also addresses some justifications and objections for EAW‚ and shows Werhane’s supportive view
Premium Employment
Employment at Will Angeline Berleus Hodges University MNA 4400 Professor Ron Harbour Date Due: April 4‚ 2012 Date Submitted: April 4‚ 2012 Abstract This student has discussed the advantages the employment at will clause has on employees. However‚ this student believes there have been very little research has been done on the impact of Employment at will clause has had on employers. The question here is how does at will clause impact both employees and employers? This paper will review several
Premium Employment
Employment-at-will Obviously‚ incomplete are not only an issue for economists investigating the efficiency of transactions. It also imposes a problem in legal conflicts over employment contracts. In some typical cases‚ US American judges often resort to the „employment at will“ principle. Write a short essay (not more than one page) on 1) what this principle means‚ The employment-at-will doctrine avows that‚ when an employee does not have a written employment contract and the term of
Premium Employment
predictions of individuals traits & behaviours. • Raises serious ethical issues. Responsibility of Individual Actions. • Possible to identify criminal traits → individuals genome. • Twin adoption studies (Joseph 2001) certain degree of heritability for liability of crime. • Screen for predisposition for criminal behavior. • If succeeded → criminals may be considered ill or in need of treatment → rather than be punished. • Legal system → incentive not to commit crime. Extent of social
Premium Genetics DNA Gene
Hyde v Wrench(1840) Hyde v Wrench [1840] EWHC Ch J90 is a leading English contract law case on the issue of counter-offers and their relation to initial offers. In it Lord Langdale ruled that any counter-offer cancels the original offer. Wrench offered to sell his farm in Luddenham to Hyde for £1000‚ an offer which Hyde declined. On 6 June 1840 Wrench wrote to Hyde’s agent offering to sell the farm for £1000‚ stating that it was the final offer and that he would not alter from it.[1] Hyde offered
Premium Contract Common law Invitation to treat