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 Tent providing a marquee for the birthday weekend Susie will pay £2‚000. This is a binding contract as the several requirements to make a binding contract are‚ offer and acceptance‚ intention to create legal relations and consideration. ‘. However Rent a Tent then approached Susie and
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standing at 800. Explain how a put option with a strike price of 700 can be used to provide portfolio insurance. Index goes down to 700 10*(800/700)= 8.75 million Buying put options= 10‚000‚000/800= 12‚500 If you buy the options at 800‚ the value will be 12‚500 times the index with a strike price of 700 therefore providing protection against a drop in the value of the portfolio below $8.75 million. Each contract is on 100 times the index‚ a total of 125 contracts would be required. 15.2) "Once
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Gay Option In the article “The Gay Option”‚ Stephanie Fairyngton argues that it is wrong to think about homosexuality as deviations from nature’s norm. She understands that it is easy for people to think about homosexuality as an illness rather than a person’s choice. The main reason for this is that it is hard to understand people who choose this challenging state of beings. Because society has a stereotype of heterosexuality as somehow better choice than homosexuality‚ they would think that person
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Topic 3: Breach in contract 1) Breach of contract: Spanish Contract Law provides a broad notion of breach of contract for any behavior that departs from the specified behavior in the contract in any way (time‚ quality‚ substance‚ etc.) or is not specially justified on legal grounds (actions forbidden by the government are not breaches since they are justified on a legal ground). The general benchmark to determine breach is the contract agreed by the parties themselves‚ and not external notions
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not have reacted similarly to the way Fortinbras acted in the example last provided. Instead of immediately seeking to honor the man he immediately is able to sympathize with‚ it is likely that Hamlet would have asked an abundance of questions about what had happened before he would be willing to act at all. Fortinbras‚ on the other hand‚ needs much less in the way of justifications.
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Intro Java and JavaScript share many similarities‚ but are unique in many more ways. The two languages share similar goals and history‚ but both serve vastly different purposes. While both are object-oriented languages‚ Java is an interpreted language while JavaScript is‚ as its name implies‚ a scripting language‚ and not a true programming language. Java is meant mostly to be a multi-tiered language‚ while JavaScript was written to be a client-side language. While the two languages may look very
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The negotiation between John F. Kennedy and Nikita Khrushchev was one of most disastrous meeting‚ which happened during June 3-4‚ 1961‚ in Vienna‚ Austria. It started when Khrushchev congratulated Kennedy on the day of presidential election and stated the hope for better relations in Soviet-American co-operation.(178) Kennedy‚ then continued the similar niceties by sending the letter expressed the aspire to meet personally with Khrushchev in order to exchange the views in various items: Laos‚ disarmament
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What is the difference between being fair and being equal? In our society‚ do people have an equal or fair shot? Equality is a recurring theme throughout history. It came up during the late nineteenth century and in the early twentieth century due to the introduction of the women suffrage acts. Those acts lead up to the nineteenth amendment in 1920 which included “The right of citizens of the United States to vote shall not be denied or abridged by the United States or by any State on account
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waiting for your loved ones to raise money for you to get the proper care you need. One out of three people die waiting. What we take for granted‚ many people are unfortunate to have. Let’s look at Mitt Romney; govenor of Massachussets and the man running for president. He makes between $9‚592‚421 and $43‚093‚712; and last year he paid only 14 percent in taxes‚ while others pay between 20-30 percent. According to Romney‚ this is fair because it helps economic growth. I don’t think he understands the
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Do you know how different men are from women? Men and women have a lot of differences that scientists have studied for years. Some of the most important differences are: physical appearance‚ psychological differences‚ and social differences. Physical appearance is one of the most important differences between men and women. Both have different physical contours. Men build muscles more easily than women‚ and they have different body shapes. Men and women have unlike body structures. For example
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