of the essential elements required for the formation of a valid contract in the following situations: P1.1 1. Temporary daily wages Worker doing work and following instructions from the supervisor 2. Tenant staying in an apartment 3. Contractor working on project site 4. Customer in an Amusement Park 5. Buyer and Seller of Consumer Product like Body Lotion Guidelines: You need to specify the essentials of the contract like written terms‚ verbal‚ implied etc‚ terms & conditions‚ validity
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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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Kim Peek was born November 11‚ 1951. The doctors told his parents he was mentally retarded at birth and wouldn’t live past the age of fourteen. They were told to just put him in an institution and forget about him but luckily they did not. By the age of three‚ Peek taught himself the alphabet and how to read. Unfortunately‚ in 1975 his mother past away and that left Peek with his father‚ Fran. Peek was so unique that he could memorize as many as eight books a day and read each page within 8 seconds
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JUDGMENT V.N. Khare‚ CJI 1. This appeal which arises out of a judgment and order dated 23-11-2001 passed by the High Court of Kerala at Ernakulam revolves round the question as to whether an arbitration clause in a contract agreement survives despite purported satisfaction thereof. 2. The parties to this appeal entered into an agreement for a project at Kayamkulam. Upon completion of the work the respondent herein submitted final bill which was allegedly not accepted by the appellant‚ where
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Number: Identification card number : Group : Lecturer’s name: The issue in this case deals with invatition to treat ‚ offer ‚ counter-offer ‚ conditional acceptance and acceptance . It also deals with the elements of valid contract. General rule for a binding contract is an offer and an acceptance of the proposal. There must be effective communication to the proposer. It is very important to differeciate a proposal from an invitation to treat. Invitation to treat is a stage of negotiation and
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Doyle Byrnes‚ who was expelled from nursing school for violating the student code of conduct by posting a picture of herself on Facebook next to a placenta. Byrnes filed a suit because she had already paid tuition for her courses and she could receive neither credit
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Introduction Numerous data breaches and computer intrusions have been disclosed by the nation’s largest data brokers‚ retailers‚ educational institutions‚ government agencies‚ health care entities‚ financial institutions‚ and Internet businesses. A data breach may occur when there is a loss or theft of‚ or other unauthorized access to‚ data containing sensitive personal information that results in the potential compromise of the confidentiality or integrity of data. Sensitive personal information generally
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over eighteen and 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
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This Lease‚ made and entered into ________________________‚ by and between Curtis Denton Barnhill of the one part‚ hereinafter mentioned called the lessor and __________________________ of the other part‚ hereinafter called the lessee‚ both of said county and state witnessed: That 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
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unknowingly enter into series of contracts. This may be in the form of purchasing an article from a shop or by purchasing a railway ticket or by numerous ways. In modern societies‚ because of increasing complexity‚ there has been a practice of concluding contracts in standard form. One such instance of a standard form of contract is contract of insurance. Thus‚ standard form of contracts are those kinds of contracts were parties do not sit together to bargain the terms of the contract. One problem that is likely
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