Common Contracts paper Alyssa Baker-Brake LAW/421 Lina Malanzo 07/01/13 Contracts are a written promise to do something‚ or not to do something. The purpose of the contract is to ensure that both parties will perform the duties that they have promised to do‚ or to prevent something that was promised to prevent. Contracts are here to ensure that people follow through with their word when they promise to do something. With a contract‚ you can make a promise a legal obligation. I have personally
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Statewide Development Corporation has built a very large apartment complex in Gainesville‚ FL. As part of the student-oriented marketing strategy that has been developed‚ it is stated that if any problems with plumbing or air conditioning are experienced‚ a maintenance person will begin working on the problem within one hour. If a tenant must wait more than one hour for the repairperson to arrive‚ a $10 deduction from the monthly rent will be made for each additional hour of time waiting. An answering
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Question 1 This Problem concerns the enforceability and remedies of leasehold covenants between landlords and tenants‚ and their successors in title. The ground floor lease is granted before 1 January 1996 and so the covenants are governed by a mixture of statute and common law. The first and second floor leases were granted in 2001 after the coming into force of the Landlord and Tenant (Covenant) Act 1995 and are dealt with under this statutory regime. Ground Floor On the facts the original
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Throughout life I have stayed in many different places. Moving from the Philippines‚ Georgia‚ and then Texas has given me the opportunity to live in a wide variety of residences. My family and I have experienced residing in both apartments and houses. We have observed many differences in the two choices of homes and have become very knowledgeable of life in both dwellings. Living in an apartment or living in a house? When you are trying to save money and only have so much to spend each month
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Chapter 24 Doctrine of Adam Smith concerning the Rent of Land 24.1 "Such parts only of the produce of land‚" says Adam Smith‚ "can commonly be brought to market‚ of which the ordinary price is sufficient to replace the stock which must be employed in bringing them thither‚ together with its ordinary profits. If the ordinary price is more than this‚ the surplus part of it will naturally go to the rent of land. If it is not more‚ though the commodity can be brought to market‚ it can afford no
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Landing your dream job‚ very often is a blessing and hassle at the same time. Those who decide to relocate for their dream job‚ or simply for a change in scenery‚ are faced with the hard task of what to do with their home. There are a few options depending on the time frame‚ condition of the house‚ and willingness to take on risk. Many homeowners who are subject to a quick move think that renting their home is a quick and easy solution. Renting does offer the possibility of instant income to pay
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ENTERPRISE BUILDS ON PEOPLE When most people think of car rentals firms‚ the names of Hertz and Avis usually comes to mind. But in the last few years‚ Enterprise Rent-A-Car has overtaken both these industry giants and today it stands as both the largest and the most profitable business in the car rental industry. In 2001‚for instance the firm had sales in excess of $6.3 bn and employed over 50‚000 people. Jack Taylor started Enterprise in St Louis in 1957.Taylor had a unique strategy in mind
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Hertz’s company history and financial statements‚ we believe that they would be a prime target for a leveraged buyout. In the United States‚ Hertz is a top three competitor in the rental car market in terms of revenues‚ mainly competing with Enterprise Rent-A-Car and Avis. Plus‚ Hertz is currently the leader in the airport rental segment in the U.S. and Europe. This segment was estimated in 2005 to be approximately 79% of the total U.S. RAC revenues. Moreover‚ Hertz’s HERC segment ranked third in terms
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MOVIE AND VIDEO RENTAL COMPANIES ARE THREATENED BY THE INTRODUCTION OF NEW SERVICES AND NEW TECHNOLOGIES. THE INTRODUCTION OF SOFTWARE TO DOWNLOAD MOVIES FROM AUTHORISED WEBSITES COULD BECOME A STRONG COMPETITION TO VIDEO RENTAL STORES‚ AND COULD PROBABLY STOP THE PRODUCTION OF DVDS. WHAT IS THE ACTUAL SITUATION NOWADAYS BETWEEN MOVIE STUDIOS‚ VIDEO RENTALS AND ONLINE SERVICES? WHAT SHOULD MOVIE STUDIOS AND VIDEO RENTAL STORE DO IN ORDER TO PREVENT THIS THREAT? Keywords Video rental‚ DVD‚ new mediums
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Enterprise’s success in the local car rental market? It’s hard to believe that Avis/Hertz would be able to replicate Enterprise’s success (at least in the near term) in the local car rental market. Given their current dominance in the market‚ relationships with auto shops/dealerships/insurance companies‚ and reservation system’s direct interface with insurers‚ Enterprise is the most well positioned car rental company for discretionary and insurance repair/replacement rentals. Dominance - Enterprise initially
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