PAPER – CONTRACT 1 Define contract. Explain the essentials of valid contract. A voluntary‚ deliberate‚ and legally binding agreement between two or more competent parties. Contracts are usually written but may be spoken or implied‚ and generally have to do with employment‚ sale or lease‚ or tenancy. 1. Essentials of a valid contract All agreements are not contracts. Only that agreements which is enforceable at law is a contract. An agreement which is enforceable at law cannot be contract. Thus
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The process of making goods available to the consumer needs effective channel of distribution. Therefore‚ the path taken by the goods in its movement is termed as channel of distribution. The goods may be sent to the consumer directly or indirectly through middlemen. The channel of distribution may be classified as: Selling through direct channels This is the oldest‚ shorter and the simple channel of distribution. The producer sells the product directly without involvement of any middle man.
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Was the Contract between Joel King and Barber bilateral or unilateral? The basic premise of determining whether a contract is either bilateral or unilateral is a consideration‚ which implies a legally binding action for the accomplishment of an agreement. In addition to consideration‚ the promise to execute a contract must involve either one of the parties making offers and the other consenting. Moreover‚ for an agreement to be considered valid in any court of law‚ it must legitimate‚ mutually beneficial
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This advice deals with the issues of consideration and promissory estoppel. There are numerous definitions of consideration in legal texts‚ one being “‘A valuable consideration‚ in the sense of law‚ may consist either in some right‚ interest‚ profit or benefit accruing to the one party or some forbearance‚ detriment‚ loss or responsibility‚ given‚ suffered or undertaken by the other”. In relation to Rent a Tents contract with Susie the terms of the contract are that in return for Rent a
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Partner From: Noelle Milburn Date: August 2‚ 2010 Re: Angela Woodside vs. Doyle Construction 1. Has Doyle Contractors breached its contract with Angela Woodside? Explain your answer fully. 2. Does Ms. Woodside have to wait until after April 1‚ 2008 to sue Doyle Contractors for breach of contract? Explain your answer fully. 3. Assuming a breach of contract has or will occur‚ what remedies does Ms Woodside have after the breach? 4. What defenses might Doyle Contractors raise in the event
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Running Head: Culturally Sensitive Counseling for Native Americans Culturally Sensitive Counseling for Native Americans Catherine D. Dunn PSYD 8180 OL‚ SYSTEMS OF PSYCHPTHERAPHY Course Instructor: Denise Scatena‚ Ph.D May 21‚ 2010 ABSTRACT Historical trauma is defined as an aggregate of emotional and psychological wounding over the lifespan and across generations‚ emanating from massive group trauma and continues to impacts the group (http://en.wikipedia.org/wiki/Historical_trauma)
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International Legal and Ethical Issues Simulation Summary International Legal and Ethical Issues Simulation Summary CadMex and Gentura negotiated the choice of law clause that specifies which law will be applicable and what forum to use if a dispute arises between them. They determined that non-binding international arbitration would not only suit their needs‚ but it would be less costly than litigation and would also expedite dispute resolution. The international arbitrator’s power in conflict
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I have been tasked with writing this 1000 word essay on the importance of accountability of sensitive items within the military. The reason I have been assigned to do this task is due to my failure of being attentive that cause me to wash and utterly destroy my meal card on the night of 07MAR2014 at approximately 2350 hours. I had just came back from playing some playing billiards and having some drinks with some friends (no I did not drive). After checking to see if any washing units were available
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Materials management + Distribution It is first important that we get a better understanding of the relationship shown above by defining the variables involved. Supply in the above equation can be said to incorporate supply chains while materials management comes into play because it is mainly concerned with the flow of materials to and from production. According to Lysons (2006)‚ “Supply chains are defined as the flow of materials through procurement‚ manufacturing‚ distribution‚ sales and disposal
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A Study of Effectiveness of Channel Distribution in Best Cotton Mill PVT‚ Ltd -Tirupur. DISTRIBUTION CHANNEL If managed properly‚ distributors provide access to customers that can determine a supplier’s reach‚ revenue‚ and long-term growth potential. Companies with productive channel relationships stand to increase sales‚ reduce operating costs‚ and improve customer reach. Importantly‚ effective distribution channel management delivers benefits to all players in the value chain
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