Construction Contracts Introduction For this assignment the writer is going to discuss the nature and types of construction contracts and will explain the legal responsibilities of the various parties involved in the design and the construction process. Using different types of sources an explanation to the basic principles of contract law and how they apply. From doing this there will then be an explanation to what extent standard forms of contract are special types of contract. Contract that has
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Introduction In any business there are Leaders‚ and Managers. Leaders and managers are close in relation. However‚ they are different and not everyone is both a leader and a manager. Most people can either be one or the other. With that said‚ I will talk about the difference between a leader and a manager. I will also give my preference on whether I would want to be a great leader or a great manager. Then I will discuss evidence to support my choice of either a great leader or a great manager.
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argumentation. A story about the Petersen family and the car dealer “Walter Auto” The Petersen family‚ consisting of parents Carol and Christian and their three teenage children‚ lived in Odense. They wanted a car that was better than the old Opel Vectra from 1997‚ which they had at the moment. On a website‚ where both private sellers and companies could put their cars up for sale‚ the family found a used Ford Mondeo for sale at 149‚000 DKK. This was in October 2013‚ and the seller was the used car dealer
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M2014036 1 2 Contract Defined An agreement between two or more parties representing a promise to be performed for consideration 3 Necessary Parts of a Typical Construction Contract O Parties identified O Parties make promises that constitute an offer O Both parties sign the contract O Both parties receive consideration: O Contractor – payment for work done O Owner – use of the completed project O Parties of the contract must have the LEGAL AUTHORITY to negotiate a contract 4 Contractual
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A standard form contract (sometimes referred to as an adhesion contract or boilerplate contract) is a contract between two parties that does not allow for negotiation‚ i.e. take it or leave it. It is often a contract that is entered into between unequal bargaining partners‚ such as when an individual customer is given a contract by the salesperson of a multinational corporation. The customer is in no position to renegotiate the standard terms of the contract and the company ’s representative usually
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Law Overview‚ Part Two Procurement and Contract Law Procurement Law Overview‚ Part Two Payments under Fixed-Price Construction Contract clause permits the government to partially compensate contractors for supply and services which have been accepted by the Government‚ as long as the contractor demand it and the sum is no less than $1‚000 or 50% of the full contract amount. These interim payments diminish the contractor needs to finance expenses to fulfill the contract. As permitted by
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Payment‚ similar to consideration‚ is one of the four elements of a contract. Consideration is something of value in a contract or agreement between two parties. Both parties must be providing something of value to the other party. It is an act or promise to do (or not to do) something in return for value and the value given is enforceable. All the law need is ‘valuable consideration ’. For example‚ if Jack has offered to pay S$10 for a hammer worth S$100‚ that is considered valuable consideration
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critically analyse the nature of the psychological contract within the workplace and use 2-3 other themes and topics from the module to demonstrate the links between different concepts and issues. This essay intends to examine the psychological contract and its use at Delcam Plc. It is also going to look in depth at the way in which Delcam approaches the work-life balance‚ the relationship between managing the work-life balance and the psychological contract and finally the outcomes of satisfying the work-life
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Description Siempro Baseball Field is in need of a practice field. The land chosen is approximately 20 acres and has a few structures and trees. The existing water and sewer lines will need to be inspected/connected and the project deadline will be 2 years from project start date. We will be selecting one General Contractor to complete this project. The end result should include an updated field‚ clubhouse‚ and parking area to hold about 50 cars. We will need existing plans‚ specs‚ and drawings to map out
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LAW OF CONTRACT Thursday 9:00 Summer Term‚ 2014 Lecturer and Module Co-ordinator: John Halladay Texts: Poole‚ Textbook on Contract Law McKendrick‚ Contract Law Casebook: Both Poole and McKendrick have casebooks which are very good. There are also many others on the market. Statute book: There are not many statutes in the course but there are some and this will be useful for the exam. Any Contract or Commercial Law statute book should do. A. WHY CONTRACT? A
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