Issue 6. 1. Title: Consideration 2. Textbook reference: Chapter 12 3. Possible search terms: Consideration‚ past consideration‚ option-to-cancel‚ accord‚ satisfaction‚ release‚ promissory estoppel 4. Here is the situation: Andrea‚ the president of Standard Corporation‚ announces to Standard employees‚ “If you work hard‚ and profits remain high‚ you’ll get a bonus‚ if management thinks it’s warranted.” Profits remain high‚ but no bonus is paid. If the employees sue‚ would a court enforce the
Premium Contract Law Promise
Chapter 7 the terms of the contract 1. When contract is made orally‚ not all oral statement will amount to a term some are just ‘mere puffs’. These statements will never provide any form of remedy. 2. Mere puff只是单纯的吹嘘，是一种statement of opinion‚ 不构成任何的representation或term 3. 三种不同的terms：conditions‚ warranties‚ and innominate terms * CONDITIONS: important terms form the main structure of the contract. If breach‚ repudiate the contract and claim the damage * WARRANTIES: minor terms ancillary(辅助)
Premium Contract law Contract Contractual term
recruit qualified candidates for law enforcement positions due to the following reasons: Good economy - When the economy is good‚ many youths will not see the reason as why they will seek law enforcement work and thus abscond from the recruitment process completely rather than going to try their lack. So real economy plays a bigger part in denying law enforcement people who are qualified according to the recruitment policy Many jobs in the private sectors - Many jobs in the private sectors are well
Premium Education High school School
Issue Is there a valid contract between Khalid and Siti? Law and Application When Khalid is interested in buying Siti’s painting which she had named “Hawa”‚ Khalid met Siti and told her that he will pay her RM5‚000 for “Hawa”. This is an offer. Offer had be defined in S2(a) Contracts Act 1950 as “when one person signifies to another his willingness to do or to abstain from doing anything‚ with a view to obtaining the assent of that other to the act or abstinence‚ he is said to make a proposal”
Premium Contract Offer and acceptance
Unit- 5 Indian Sale of Goods Act‚ 1930 1. Contract of Sale – Meaning A contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price. There may be a contract of sale between one part-owner and another [Sec 4(1)]. A contract of sale may be absolute or conditional [Sec 4(2)]. The term ‘contract of sale’ includes both a ‘sale’ and an ‘agreement to sell’. 2. Essentials of a Contract of Sale (Refer text for details)
Premium Contract Contract law
Functions of Management 20th Century French mine owner Henri Fayol is widely accepted as the person who revolutionized management with his principles of management. Henri Fayol first coined the term "Four Functions of Management". He saw a manager’s job as: planning‚ organizing‚ commanding‚ coordinating activities and controlling performance. In today’s business world managers‚ follow certain rules that help them be better at their job and contribute to the success of the business. The functions
Premium Management
The legal environment of business and online commerce: Business ethics‚ e-commerce‚ regulatory‚ and international issues. (5th ed.). Upper Saddle River‚ NJ: Prentice Hall. Cooper‚ S. B. (2006). Case Scenario: Grocery‚ Inc. Retrieved from the University of Phoenix‚ Week Four‚ Resource‚ BUS 415 – Business Law Course Web site: https://ecampus.phoenix.edu/secure/resource/resource.asp. Lawyers.com. (2009). Getting Out of a Contract. Retrieved September 4‚ 2009‚ from http://business-law.lawyers.com/Getting-Out-of-A-Contract
Premium Contract
NAME: FIN NO.: BATCH NO.: MODULE: BUSINESS LAW LECTURER: MR MAHADEVAN LUKSHUMAYEH Question: In early 2013‚ Beauty property developer negotiated with Stylish over a new house in the eastern sector of Singapore. Beauty and Stylish had various meetings about the cost and finish of the house. At one of their meetings‚ Stylish asked Beauty whether the price of the house included curtains‚ blinds and window coverings. Beauty explained that all window coverings were provided for in the contract
Premium Contract Contract law Damages
to sign some papers that would protect her mother. When Mary came to the lawyer’s office‚ she was advised that the paper she was going to sign was the deed to the property. Mary signed a document. Later on‚ when the municipal tax bill arrived‚ Mary McDonald was really surprised to see that the property was in her daughter’s name. The mistake occurred. Mary McDonald entered into an agreement in such a way that the contract did not express her true intensions. She thought that the paper she signed
Premium Partnership Contract Gentlemen's agreement
Business Law Name: Course: Instructor: Date: Business Law Legal Issue Both parties entered into a legally binding contract. The legal issue is a breach of contract. For a contract to be legitimate‚ it must have the following three elements; an offer must be made; there must be acceptance‚ and finally there must be consideration. Facts: The defendant entered into a legal agreement with the plaintiffs‚ Jackson Boris and Klara Koop. The defendant made an offer
Premium Contract