CONTRACTS OUTLINE Prof. Page – Contracts I – Fall 2011 |CONSIDERATION | - A legal contract only exists when there is an exchange – whether that’s a promise for a promise‚ performance for a promise‚ etc… this is called consideration. The promises/performance have to be influencing the other party to act/promise. *i.e. the ‘fuzzy coughdrop’ rule* i. RESTATEMENT
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Queues defined 243 Economics of the Waiting Line Problem Cost-effectiveness balance The practical view of waiting lines 245 The Queuing System Customer arrivals Distribution of arrivals The queuing system: factors Exit Queuing system defined Arrival rate defined Exponential distribution defined Poisson distribution defined Service rate defined 252 261 263 263 Waiting Line Models Approximating Customer Waiting Time Computer Simulation of Waiting Lines Conclusion technical note TECHNICAL NOTE
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BOOK REVIEW Novel : The Shadow Lines AUTHOR : Amitav Ghosh Awards : winner of the Sahitya Akademi Award (1989). Bibliography : The Shadow Lines(novel)‚ Wikipedia(Internet). Main Characters : Mayadebi‚ Tridib‚ Ila‚ May‚ Narrator‚ Nick‚ grandmother. POLITICAL SCENERIO : The novel is set against the backdrop of historical events: 1.Swadeshi movement 2.Second World War 3.Partition of Country 4.Communal riots of 1963-64 in Dhaka and Calcutta CHARACTERS ANALYSIS : The characters in this
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2nd Assignment: Suggested Answer 1. The legal issue revolving around this case is that whether a valid legally-binding contract has been entered into between David and John‚ and‚ if that is the case‚ whether David is able to sue John for his breach of contract resulting from his sale of the shop to Nancy. In general‚ a legally binding contract is an agreement made between two or more persons‚ by which rights are acquired by one or more to acts or forbearances on the part of the other
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Purpose The purpose of this paper is address the issue of turnaround time in contract negotiations. We will present recommendations on how to streamline the contract negotiation process by implementing a change in the current process and creating a standard contract. Background Liferay‚ Inc. is a software and service oriented company who has an open-sourced product. It was founded in 2004 in response to growing demand for Liferay Portal‚ the market’s leading independent portal product that was garnering
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In building and engineering contracts it is usual to insert a provision empowering the employer to forfeit certain rights or property of the contractor on the occurrence of certain events. “Forfeiture clause” is a loose term usually used to describe a clause in a written building contract giving the employer the right upon the happening of an event to determine the contract or the contractor’s employment under it‚ or to eject the contractor from the site‚ or otherwise to take the work substantially
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Contract Performance Joseph Dorow Strayer University BUS 501 Government Acquisition Instructor: Dr. Vic Villarreal December 2012 Contract Performance Summarize the report‚ with particular attention to the issue of contract performance. I chose the report with a Lancer Clothing Corporation protest alleging “Workroom for designers does not have a commitment for the lining material supplier who is reputable‚ and that it lacks sufficient production capacity. Lancer also alleges that the principal
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Gender Bias “The Problem with gender is that it prescribes how we should be‚ rather than recognizing how we are” the average full time weekly wage for a woman is 18.2% less than a man’s. Woman and Men have always been seen as unequal for many years.In both jobs and everyday life men and women are set apart by standards kept for many centuries. Both Genders should be treated equal because you should be defined by what you do‚ not your parts. On January 28th the grammys had their 60th showing of the
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Wilburn Western Civilization II Allison Elledge 2/28/14 What is the Social Contract? How was one to be able to be governed and still remain free men? The Social Contract was an agreement that was part moral and part political obligation that depended on the people to form society. The entire contract explains the aspects to answer this question (Rousseau‚ Jean Jacques. "The Social Contract."). The contract states that there is a way for a person to be part of a society‚ yet still be able
Free Political philosophy Social contract Jean-Jacques Rousseau
THERE ARE 7 ELEMENTS WHICH ARE REQUIRED FOR THERE TO BE A VALID CONTRACT. LIST AND DISCUSS THEM AND SAY WHAT HAPPENS IF ANY ONE OF THE ELEMENTS IS MISSING. All agreements are not contracts. A contract is a legally binding agreement between two or more parties. An agreement that is not enforceable by law is not considered a contract. There are many elements that are required for a contract valid‚ offer and acceptance‚ intention to create legal relationship‚ capacity of the parties‚ consent‚ consideration
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