there was no consideration for the promise of the Kendrick Company to purchase‚ and sustained the demurrer. H. The Petroleum Corporation instituted an appeal. 3. I=Issue Would a discontinuance by the Petroleum Corporation to manufacture the grade of oil contracted for result in such a detriment to it as would constitute a consideration for the promise of the Kendrick Company to purchase? 4. R=Rule A benefit to the promisor or a detriment to the promisee is a sufficient consideration for a contract
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Prospecting Ltd). The appellant company was the holders of certain mining leases in respect of deposits of iron ore. They did not work these deposits themselves but allowed them to be worked on tribute by another company named Kepong Mines Ltd. Their business in practice would seem to be confined to collecting the tribute and distributing it to their shareholders after making arrangements in respect of income tax. Schmidt claimed that he was entitled to receive certain payments in respect of all ore won
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Stephanie DeCoo Cultural Considerations There’s many different cultures out there‚ so when it comes to patient care many of those cultures differ in many ways. The culture I choose to do my paper on is the Asian culture due to the fact in my past experience have seen many differences from my own. The Asian culture is said to have the most highly group-oriented people who place a strong emphasis on family connection as the main major source of identity and protection against the hardships of life
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Business Law 101 9A 4/19/2012 Chapter 4 – p99 Question: 4.5 Does Whittens “work: satisfy the requirements for a claim grounded on negligence? Yes‚ the plaintiff alleging claims that Whitten’s work was “substandard‚ not to code‚ unsafe and not done in a [workmanlike] manner. Whitten failed to act with duty of care and breached his contract by doing bad work. The tort of negligence occurs when someone suffers injury because another’s failure to live up to a required duty of care. Negligence
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Chapter 5 Constitutional Law I. The Constitutional Powers of Government 1789 i. A Federal Form of Government- national government and the states share sovereign power ▪ National gov’t has the implied power ▪ All other powers are reserved for states under 10th amend • Regulate affairs with in boarders ▪ Police Powers- regulate private activities to promote the public order‚ health‚ safety‚ morals‚ and general welfare ii. Relations Among the States ▪ The Privileges
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General Introduction and Comparision of Contract Laws between China and America Name: Yingxi Pu 1 Contents I. Concepts and Features of Contract and Contract Law A. Concept and Features of Contract 1. Concept of Contract 2. Features of Contract B. Concept and Features of Contract Law 1. Concept of Contract Law 2. Features of Contract Law II. Comparison of Development History and Textural Difference between Chinese and American Contract Laws A. Different Development Histories of Contract Legal
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Entrepreneurship Law Final Exam 1. Who owns the CadWatt Solar cell technology? What rights‚ if any can SSC claim on it? SSC owned the technology‚ because the invention related to the SSC’s business and he had used some of SSC’s resources (namely‚ his SSC computer and SSC training sessions) when developing it. 2. What can Pierre do to make his departure from SSC amicable? Should he have left sooner? What ongoing obligations does he have to SSC? Pierre should consider returning
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writing this letter regarding the 200 cups I ordered from your company. As your long time customer‚ I am shock when I received the goods. Out of the 200 we ordered‚ there are 100 cups with cracks on it and 50 cups are in the wrong colour ! For the past 10 years‚ Roo Events Pte Ltd had been ordering corporate gifts from your company. From your range of corporate gifts like pens‚ colour changing cups‚ mouse pads and etc. We never had any issues with your company products until our recent order this
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Nicholas Business Law Sanders Professor Dennis 9/16/09 District Court of appeal of Florida‚ fourth district‚ 2007 U.S. 946 So. 2d 115 Issue: Should a plaintiff be awarded a case for negligence while being hurt in the owner’s night club‚ knowing that there was a tradition stating that napkins are allowed on the floor dry or damp and anything could happen? Decision: No‚ Florida state court specified that she knew about the risks going into the c‚ lub‚ and also denied her the right
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COMPANY LAW AND BUSINESS ASSOCIATIONS Shares are securities which companies issue to members of the pubic in order to raise money to finance their operations. Shares are securities because they represent the financial interest which a person has in the share capital of the company. So long as the company is still in business‚ the financial interest (shares) of a shareholder is protected by law and cannot be taken away except by lawful means such as by court order or by nationalization provided
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