"Report 3 cases each on the elements of a valid contract" Essays and Research Papers

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    Case 3

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    Questions: Q1. Imagine your Bill. How would you explain to Mary the relationship between risk and return of individual stocks? Find Expected Return and Standard Deviation for each stock in the Ralph’s portfolio. As the risk increases the potential return increases as well. In order to get higher returns one needs to invest in riskier assets. In other words‚ risk is the probability of negative outcome and return is the compensation for this risk. Q2. Mary has no idea what Beta means and

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    Inductive and Deductive Reasoning A valid argument is made to address a specific problem by offering a position and proving reasons to support that position. A valid argument is based on two key components‚ one or more premise and conclusion. A premise is fact and/or opinion and must be proven to be true or false. And a conclusion is the final statement of the position one is taking on an issue or question. In deductive reasoning‚ if the fact is true the conclusion must be true because the conclusion

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    Agreement and contracts

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    A contract is a legally binding agreement or relationship that exists between two or more parties to do‚ or abstain from performing certain acts. A contract can also be defined as a legally binding exchange of promises between two or more parties that the law will enforce. For a contract to be formed an offer made must be backed with an acceptance of which there must be consideration. Both parties involved must intend to create legal relation on a lawful matter which must be entered into freely and

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    Contract Formation

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    Part A Contracts are an integral part of business and everyday life‚ and are fundamental to construction as the industry relies on the formation of contracts for business agreements. “Contracts are based on the idea of a bargain‚ where each side must put something into the bargain. A contract may be defined as ’an agreement which is binding on the parties’” (Galbraith‚ 1998‚ pg78). There are a number of key components which must be present in the formation of such contracts. Firstly‚ there

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    Contract Law

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    Part 1 A contract is an agreement between two or more parties‚ which can be legally enforceable. A contract maybe written or oral‚ although an oral agreement can be difficult to prove in court. In order for a contract to exist it must include four elements‚ that being offer‚ acceptance‚ intention and consideration. (Sweeney & O’Reilly 2007 pg 160). A contract only exists when an offer has been accepted‚ an offer has the intention to be legally binding and the willingness to contract on certain conditions

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    Binding Contract

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    Law assignment Name: Chang Jun Han Student ID 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

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    Topic 3: Breach in contract 1) Breach of contract: Spanish Contract Law provides a broad notion of breach of contract for any behavior that departs from the specified behavior in the contract in any way (time‚ quality‚ substance‚ etc.) or is not specially justified on legal grounds (actions forbidden by the government are not breaches since they are justified on a legal ground). The general benchmark to determine breach is the contract agreed by the parties themselves‚ and not external notions

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    Law of Contract

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    A contract intends to formalize an agreement of two or more parties‚ in relation to a particular subject. Contracts can cover an extremely broad range of matters including the sale of goods or real property‚ the terms of employment or of an independent contractor relationship‚ the settlement of a dispute and ownership of intellectual property developed as part of work for hire. Essential Elements of a Contract * Clear certain and communicated agreement. Meaning that the parties are consensus

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    Contract Law

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    Chapter 1 INTRODUCTION Objectives of Report * To get an idea about the law structure of Sri Lanka * To study about contract law * To get an idea about the low governing offerer and acceptance in Sri Lankan Law. Methodology * Library and Internet research Colonial History and the Law Sri Lanka‚ formally known as Ceylon‚ is a multi-ethnic and multi-religion island nation in the Indian Ocean‚ near the southern coast of India. The ethnic and religious diversity of the nation‚ and

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    medical practitioners more careful towards their work. Factors that make a Valid Case There are certain factors that make a case valid under the medical malpractice laws. Hence‚ check if your case is strong enough to be admitted in the court on basis of these factors. Factors that make a Valid Case There are certain factors that make a case valid under the medical malpractice laws. Hence‚ check if your case is

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