Summary: In our case scenario Bart and Alan bot reside in Boring‚ Oregon. Alan is the finder of Bart’s lost item before Bart offers a reward. In Contract law a reward offer is binding. In Property law a person has a responsibility to return lost personal property to its rightful owner. Issue: Is Alan entitled to collect a reward before he returns Bart’s object? Rule: MacFarlane v. Bloch‚ 59 Ore. 1 (Or. 1911) In the above mentioned case‚ one party found a pocketbook with a value
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CONTRACTS Prepared by: Cleveland Sharpe American InterContinental University What is a Contract A contract is when two or more individuals make an written or oral agreement for legal consideration on a legal subject matter which is bound by law. Elements that Form a Contract Offer – when a party (offeror) indicates the willingness to enter into an agreement on certain specified terms. Acceptance – this is when the offeree agrees to the terms of the contract. Consideration – this is
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CONTTRACT ACT‚ 1872 The Law of contract is that branch of Law‚ which determines the circumstances in which promises made by parties to contract shall be legally binding on them. Every one of us enters into a number of contracts from morning until night. Examples: 1) Buying Milk early in the morning. 2) Boarding BEST Bus 3) Borrowing Money from Friend 4) To see movie. 5) Purchasing goods from shops. This how we enter into contracts though we are not conscious of it
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the following goods on or before May 31‚ 2012 (the “Goods”) a. 10‚000 widgets Purchase Price 2. The Purchaser will accept the Goods and pay for the Goods with the sum of fifty thousand ($50‚000) USD‚ paid as follows: a. Down payment of $5‚000 upon contract execution b. the remainder of the purchase price within 10 day of receipt of delivery of the Goods. 3. Payment of the Goods will be made to the Seller when the Purchaser has confirmed receipt of the Goods. Delivery of Goods 4. The Goods will
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Steven Thel Fall 2012 Contract An oral or written agreement between two or more people‚ an exchange relationship‚ at least one promise‚ enforceable. Mutual Assent each party must intend to enter the contract and must agree to do so on mutually agreeable terms. Assent is legally sufficient if each party‚ by the deliberate use of words or conduct‚ manifests agreement to be contractually bound. Lucy v. Zehmer joke and intoxication was not enough to get Zehmer out of a contract that Lucy took seriously
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Reviews conducted Quarterly………………………………………..…pg.11 8.0 Learning and Development………………………………………………………………………………..pg.11 8.1 Off the Job Training………………………………………………………………………………..pg.12 8.2 On the job Training………………………………………………………………………………..pg.12 9.0 Rewards Package……………………………………………………………………………….………………pg.13 10.0 Conclusion…………………………………………………………………………..…………………………..pg.14 11.0 Appendix A………………………………………………………………………………………………………pg.16 12.0 References………………………………………………………………………………………………………pg.17 1.0 INTRODUCTION
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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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he sent Bob an offer to lease Oceanhaven for the season. Was there an indirect revocation of the offer on February 4th? The knowledge by an offeree from a reliable source that offeror can not perform. It requires acts inconsistent with the contract. The facts assert that Bob learned about Oceanhaven no longer being available on February 4th. Further‚ Bob heard this information from his real estate agent. Since his real estate agent is probably in the business of knowing what properties are
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Contracts Essay One – Module 8 Does Peter have an enforceable contract against Don? Enforceable contract Peter v. Don. Peter will have an enforceable contract with Don if he can show that all the required elements of a contract are present. If there is a contract between the two then it will be governed by the common law requirements of an enforceable contract instead of the Uniformed Commercial Code‚ which would be used if their agreement had involved the sale of goods. In order for a contract
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ENT530 PRICIPLES OF ENTREPRENEURSHIP INDIVIDUAL ASSIGNMENT (10%) SEMESTER MAC-JULY 2013 This assignment will address CO1‚ CO2 and CO3. TASK: Students are required to choose one topic on the current entrepreneurship issue in Malaysia. OBJECTIVE: * To identify the contemporary issues in entrepreneurship that involves in Malaysia. * To analyze and come out with recommendations for future improvement towards entrepreneurship in Malaysia. INSTRUCTIONS:
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