"Suppose the december cbot treasury bond futures contract has a quoted price of 80 07 if annual interest rates go up by 1 00 percentage point what is the gain or loss on the futures contract" Essays and Research Papers

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    social contract theory

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    THE SOCIAL CONTRACT THEORY The idea of the social contract goes back‚ to Thomas Hobbes; John Locke‚ Jean-Jacques Rousseau‚ and Immanuel Kant developed it in different ways. After Kant the idea largely fell into disrepute until John Rawls resurrected it. It is now at the heart of the work of a number of moral and political philosophers. The purpose of this paper is to compare and contract the social contract theorists and their views on the origin of state. THOMAS HOBBES: (1588-1679) Background:

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    Contract Law Notes

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    CONTRACT LAW NOTES It is a legal enforceable agreement entered into by two or more different persons with legal capacity. The parties should have serious intention to create legally binding obligations. Their agreement needs to be within parities’ contractual capacity. Furthermore‚ parties should communicate such intention without vagueness each to the other and being of the same mind to the subject matter. Essentials of a contract a) it should be lawful b) possible of performance c) within

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    Indian Contract Act

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    Indian Contract Act 1872 is the main source of law regulating contracts in Indian law. It determines the circumstances in which promise made by the parties to a contract shall be legally binding on them. All of us enter into a number of contracts everyday knowingly or unknowingly. Each contract creates some right and duties upon the contracting parties. Indian contract deals with the enforcement of these rights and duties upon the parties. The Indian Contract Act 1872 sections 1-75 came

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    From Freedom Of Contract

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    FROM FREEDOM OF CONTRACT TO FORCING PARTIES TO AGREEMENT R.J.P. Kottenhagen• Published in From Freedom of Contract to Forcing Parties to Agreement. On the Consequences of Breaking Off Negotiations in different Legal Systems‚ 12 Ius Gentium‚ Journal of the University of Baltimore Center for International and Comparative Law 2006‚ 61 – 95 • Associate Professor of Law Erasmus University Rotterdam . 1 FROM FREEDOM OF CONTRACT TO FORCING PARTIES TO AGREEMENT Address to the Annual Meeting of the

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    Capacity to Contract

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    rendered to him are subject to so deficiency. Prior to the consumer Protection Act‚ 1986 for any consumer complaint one had to go to an ordinary Civil Court. He had to engage a lawyer‚ pay the necessary fee‚ and be harassed for years or decades before any outcome‚ positive or negative‚ was there in that litigation. Under the Consumer Protection Act‚ no Court fee has to be paid and the decision on the complaint is much quicker‚ as the Court can evolve a summary procedure in disposing off the complaint

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    to give • Intimately connected with the thing that is the subject matter of relation • Definition: That which has for its object the delivery of a thing which the obligor must deliver to the obligee because of whatever right the latter may have acquired over the same (Caguioa) • Classification:(distinction lies purely and exclusively on the will of parties or under the norms of law) 1. Specific obligation - an obligation to give a specific or determinate thing *specific/determinate thing - a

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    Annual Depreciation Rate

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    file provided. Problem 1 . Regency Integrated Chips (RIC)‚ a large Nashville-based technology company is evaluating a new project to manufacture a new chip. a. b. The project’s estimated economic life is 5 years. RIC’s marketing vice-president believes that annual sales would be 30‚000 units if the units were priced at $3‚000 each. RIC expects no growth in unit sales‚ and it believes that the unit price will rise by 2 percent each year. c. The engineering department has reported that the project

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    LAW575 Contract Paper

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    Contract Paper Danny Davidson sold a single family home to Paul and Priscilla Peterson. A long-term relationship between Danny and Paul is the basis for not including a written agreement. The simple contract was made orally and only included the legal object and the amount to be paid. Danny did not disclose a dispute with his neighbor over boundary lines or include information about a soil subsidence in the front yard he claims not to have known about. Contract Elements Four elements are necessary

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    Damages and Breach of Contract This paper aims to discuss and examine the case law‚ Wrotham Park Estate Co Ltd v Parkside Homes Ltd. and analyse the reasons why Brightman J in this case believe that there will be unjust if the nominal sum is awarded to the plaintiffs. The measure of damages (restitution interest/remedy(remedy Campbell‚restitution for breach of contract) and damages in lieu of injunction will also be explained. Furthermore‚ the relevant case laws will be included. Before considering

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    Contract Law Consideration

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    2011-2012 Assessment 1 Nick would be suing Angela claiming the full arrears and the return of the car. Nick can only succeed if he can prove there is no consideration. Consideration can be defined by Sir Frederick Pollock‚ approved by Lord Dunedin in Dunlop v Selfridge Ltd [1915] AC 847 where each party must give something in return from what is gained from the other party; ‘An act or forbearance of one party‚ or the promise thereof‚ is the price for which the promise of the other is bought

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