a commercial building‚ damages of $1000 are payable. The completion is delayed by 20 days due to the fault of the contractor. How much can the innocent party claim if the actual loss suffered is $22‚000? Do you think generally‚ it is wise for a business to always have a liquidated damages clause? 2. At Your Service Pte Ltd is a big company which provides various travel related services‚ including overseas tour packages which are designed in-house. Tom‚ a customer‚ had booked a special in-house
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Insurance is a means for persons and businesses to protect themselves against the risk of loss. An individual who purchases automobile insurance may be reimbursed by the insurer if his or her car is stolen. Insurance is crucial to personal‚ business‚ and estate planning. Insurance is defined as a contract whereby one party undertakes to identify another against loss‚ damage or liability arising from an unknown event. It is a means of transferring and distributing risk of loss. The risk of loss
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30th May Thursday 11-12 (replacement) 1b) Negligence misrep – For this‚ the common law negligent misrep is followed- i.e. that is duty of care‚ “special relationship” ‚ breach of standard of care‚ causation‚ and remoteness. 1c) Duress is pressure exerted by one person to coerce (influence someone to do smth) another to contract on particular terms. The main types are duress of the person “actual or threatened violence or unlawful imprisonment”‚ duress of goods “wrongful detaining‚ damaging or
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Case Study I by ___________________________: Citation: Gerald K. Adams v Uno Restaurants‚ Inc Rhode Island State Court‚ 2002 794 A. 2nd District 489 Appeal: Gerald K. Adams v Uno Restaurants‚ Inc Rhode Island Supreme Court No. 2000-266 (KC 97 -1005) Facts: On May 20‚ 1996‚ the plaintiff‚ who had been employed by the defendant for several years‚ arrived for his nighttime line cooking shift at the defendant’s Warwick restaurant. Shortly‚ after his shift began‚ the plaintiff noticed
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On a trip to San Diego Zoo on March 23‚ I learned about the variety of primate species. Three species that will be analyzed here are the Wolf’s Guenons‚ the Mandrills‚ and the Siamangs. Wolf’s Guenons‚ Old World monkeys‚ are found at south of Africa’s Congo River. Their habitat is forests‚ woodlands‚ near rivers and streams. They have a unique way of jumping from tree to tree: they aim at the center of dense clump of foliage and leap. When they land‚ they scramble through the branches and find a
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made by both parties. Causes agreements to be void. -Existence of subject matter. -Nature of the agreement. (For some really good reason‚ one of the parties does not understand the contract. Ex.‚ language barriers‚ old people with very little education.) -Identity of person. -Subject matter identity. -Duress: use of improper threat or action to obtain an expression of agreement. -Undue Influence: using a position of trust or authority to dominate another party. -Misrepresentation:
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Final Project Part II Sabrina Salas Business 308 Statistics for Managers Professor Edward Kaplan February 4‚ 2013 In today’s society‚ gas and oil prices continue to rise which has a direct impact not only on one’s household but also in the delivery service industry. As prices on gas rise‚ the impact is felt on the consumer as delivery services increase their prices. While many Americans try to conserve their savings‚ this places limits on spending. Due to the advancement
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Business Law Business Law: Unit�1 Review: 1.A law that restricts a fundamental right violates substantive due process unless it promotes a compelling or overriding state interest. TRUE 2. Owen claims that a Pennsylvania state statue infringes on his "substantive due process" rights. This claim focuses on: the content of the statute 3. A Rhode Island state statute imposes a prison term‚ without a trail‚ on all street vendors who operate in certain areas. A Court would likely hold this statute
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Erin Smith Exercise 11.2 Question 1: What are the “two greatest contributors” to contract disputes? Why is it a good idea to use plain English instead of legalese when drafting a contract? What is a “letter of intent? ” What might be included in a letter of intent to avoid future disagreements over the legal effect of the letter? The two greatest contributors to contract disputes are a) failure to address all possible situations‚ whether deliberately or not‚ and b) ambiguity in the provisions
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MGMT 310 Hot Coffee Essay 3-31-13 Hot Coffee This film was very interesting to watch. It made me realize how many frivolous lawsuits that have occurred. The Stella Liebeck case was huge example. Yes I understand she suffered third degree burns and had to be hospitalized for a week or so to recover but it could have possibly been prevented. The right thing to do would be to be careful when handling the cup of hot coffee. The cup itself says to be careful and why would anyone put a cup of
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