Contract is an agreement between two or more competent parties in which an offer is made and accepted‚ and each party benefits. No contract can come into being unless the following features exist: an actual offer‚ an acceptance‚ consideration (this means that each party will contribute something of a material value to the bargain) and an intention to create legal relations. The agreement can be formal‚ informal‚ written‚ or just plain understood. (a) For a contract to exist the offer must be made
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accepts the offer and they sign a contract to that effect. After the contract is signed‚ Teri learns of a Boston rule that all firefighters must live within the Boston city limits. Teri decides not to move and contacts Jack to let him know she won’t be moving after all. Jack sues Teri in municipal court‚ asking for specific performance in accordance with the original deal. Teri argues that‚ although specific performance is usually appropriate in land sales contract cases‚ the judge has the discretion
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Introduction A contract is defined as an agreement enforceable by law. Hence for all contracts there should have an agreement. The agreement arises by one of the parties making an offer and its acceptance by the other party. Both offer and acceptance create an agreement. In simple contract should first contain an offer made by one party to the other. What is an offer? As per Sec 2(a) of the contract act “When one person signifies to another his
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Exercise Week One: PROJECT ACTION PLAN Project Name: Tutorial Exercise 1 Project Manager: Daniel MaloneyProject Objectives: Outline all the required assessments for the semesterProject Dates: Start: Finish : | No. | Action | Responsible | Resources | Time required | Start date | End date | Budget | Other stakeholders | Milestones | Completed | 1 | Assignment One:Construction industry research | Group Work | Library‚ DSO‚ Internet | 2 Weeks | Week 1 | 5 December 2012 | $0.0 | Team Members
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competitive world‚ nowadays‚ managers play a crucial role in remaining operations of companies. With increasingly rapid changes in the technology‚ culture and economy‚ a manager is put on a lot of pressure to ensure that the company is run in an effective way. A successful manager operates as catalysts‚ enablers‚ developers and coaches to help others make decisions instead of making them all themselves (Mitch McCrimmon‚ 2010). As Dario Priolo (2011) said‚ an "effective" manager takes responsibility for
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On behalf of Rylem‚ I am pleased to offer you employment with our company. This letter sets forth the proposed terms of your employment with our company. 1. Employment Agency. As you know‚ we are a temporary employment agency. You will be paid only for hours worked when on an assignment at a Rylem client‚ as evidenced by a time card certified by us and our client. All timecards will require an approval unless otherwise agreed to by us or the client. A lack of approval may cause a delay in payroll
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The Role of a Manager: A report that identifies appropriate theories and concepts regarding the role that a manager plays in the current business environment. In order to identify the role of a manager we must first consider just what a manager is‚ and why they are needed. According to Crainer (cited in Management & organisational behaviour‚ 2010) managers are “creatures of the moment‚ perpetually immersed in the nitty-gritty of making things happen.” Similarly‚ Drucker (cited in Management & organisational
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1.0 Introduction: It is rightly said that finance is the life-blood of business. No Business can be carried on without source of finance. The financial manager is mainly responsible for raising the required finance for the business. There are several sources of Finance and as such the finance has to be raised from the right kind of source. Generally speaking‚ there are two sources of finance as follow: 1) SPONTANEOUS SOURCES: Finance which naturally arises in the course
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Should the manager let the teammates leave? Mr. C (the manager) joined the ‘H’ company on Jun‚ 2009. ‘H’ company is a big group company in the chemical fiber industry in China. ‘H’ Company is a private family company and it has 5 factories located in different province in China. Altogether ‘H’ company has more than 5‚000 employees. ‘H’ company uses the raw material cotton linter to produce cotton pulp and then sell the cotton pulp in China. Nearly 80% of the raw material cotton linter was purchased
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Role Of A Manger When looking at what a manager should be doing and what Richard has been doing it is easy to see that he is struggling to properly understand what being a manager actually entails. While there have been many theorists over the years all trying to show what being a manager truly means I think that Rosemary Stewart’s theory fits Richards situation perfectly. Stewart recommended a three part classification for the analysis of jobs. She focused on; Job Demands – What you must
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