difference in the financing costs they experience because of the delay should be presented as damages because the breach by defendants will result in a higher financing cost. Also‚ plaintiffs strongly stress the breach of contract because they suffered costs and attorney’s fees as well as financing costs for the delay in acquiring a second mortgage obligation; Defendant’s delay should be calculated as damages for plaintiffs. On June 15‚ 2004‚ plaintiffs’ real estate attorney forwarded a time-of-the-essence
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Most people hate damage because it creates pain and pain gives unpleasant feeling. They see damage as a marker for “bad experience ahead!!” or “Avoid at all cost. Don’t let it happen to you.” But as stated in the quote‚ pain makes you become better person if you know how to embrace it. Imagine when Michelangelo’s David was craved‚ hammer and chisel were struck against the marble block‚ damaging it‚ but eventually the block of marble was turned into one of the most famous statue in the world. During
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SYSTEMS‚ INC‚ INC. DATA PROCESSING AGREEMENT This DATA PROCESSING AGREEMENT is made and entered into as of the 1st day of August 2008 by and between Big Bank and Systems‚ Inc. In consideration of the mutual promises and covenants contained herein‚ the parties hereto agree as follows: 1. DATA PROCESSING SERVICES. Systems Inc. agrees to render to Big Bank the data processing services described on Exhibit "A" (the "Services") for the term of this Agreement‚ and Big Bank agrees to purchase the Services
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train which caused the cargo to shift during the trip‚finally the wood got damaged. Issue The issue of the case is that which party should bear the risk of loss given that the railroad’s negligence in loading the train during transport caused the damage to the goods and the contract indicates Mitsubishi would import the wood from Taiwan and deliver it to Crown’s plant in Atlanta. Rule A destination contract requires the seller to deliver conforming goods to a specific destination.The risk of
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different contractor. This contractor had a cost. Which was the main issue that Mrs. Clarkson was seeking to be reimburse. Mrs. Clarkson was also seeking for punitive and actual damages that came from the sequence of events. Conclusion: Mrs. Clarkson is in all accurate with what she claims‚ and Orkins is liable for any damages and treatment that the house may present today or in the future. If Orkin chooses not to comply he will be breaching a contract and facing legal violation of the South Carolina’s
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tetrasodlum. the side effects include irrational and possible eye damage. Every chemical has his own effect but we as human if we don ’t do the research we won ’t know it. Methylparaben found in body lotion can cause breast cancer and skin damage. "Methylparaben may increase risk of breast cancer‚ or accelerate the growth of these tumors".(Tracy) Is a bad chemical that is slowly killing both men and women either by skin damage or breast cancer.
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the protection it gave could be taken away by a clearly worded exclusion clause) * Tort of negligence * Australian Consumer Law (ACL) (a) Are not of acceptable quality: s 54 (Supplier) and s271 (Manufacturer) (b) Sue for damages for any loss or damage caused by failure to comply with guarantee. S54(2) (Safe) (Supplier) and s59(1) (Express Warranty) (Manufacturer) * Part 3-5 of the ACL * Part 3-2 Div 1 of the ACL * No difference‚ under part 3-5 of the ACL‚ it gives rights
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1. The creditor can demand fulfillment of the contract on the grounds of the content of the contract. 2. 3. The creditor can cancel the contract in the circumstances set out above. The creditor can claim damages if he/she suffered damage due to the breach and can prove such damage. Default of the creditor (Mora Creditoris) Where the cooperation of the creditor is necessary for the fulfillment of the obligations of the debtor‚ the creditor is guilty of a breach of contract in the form of
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TAKE HOME FULL LENGTH TEST – June 2011 ACCOUNTS AND LAW Maximum Marks: 100 Time: 2 Hours SECTION-A Accounts Q1. The ‘going concern concept’ is the underlying basis for (a) Stating fixed assets at their realizable values. (b) Disclosing the market value of securities (c) Disclosing the sales and other operating information in the income statement (d) None of the above. Q2. Rs. 1500 received from sub-tenant for rent and entered correctly in the cash book is posted to the debit of the rent account
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[pic][pic] DATE: 2012-06-10 TO: Profession Hadley FROM: Group A NO.5 SUBJECT: The assessment legal risk of Apple Outline • Introduction • Body • Summary Introduction As an electronic product company‚ Apple has advanced equipment‚ technology and products‚ as well as a large number of employees. In 2011 according to Forrester market research‚ at least 1/5 people use Apple products
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