Essays on Contract Law

The world of commerce and most business relationships are initiated on a contract. Understanding of contract law is crucial for all business people, owners, and managers. Since most commercial arrangements are constructed on contractual relationships. A decent preliminary point would be an empirical definition of …

Abstract Liberalisation in the energy sector opened opportunities for new market entrants leading to high competition in the market. As such, countries were forced to change their models of electricity trading in order to remain efficient and competitive in the market. The differences between bilateral …

Los Angeles Rams Football Club v. Cannon 185 F. Supp. 717 (S. D. Cal. 1960) Plaintiff prays for an injunction to restrain defendant playing football or engaging in related activities for anyone other than the plaintiff without the plaintiff’s consent during the term of a …

All of the case studies are concerned with the Law of Contract, specifically the formation of a contract and the differences between an invitation to treat and a contract. We will investigate each consumers’s specific contract or lack thereof individually and advise Bruce on his …

In all legal system the passing of risk in sold goods is a big problem and an important event in the sale of goods. Once the buyer acquires risk, he become liable for the price even if the goods are lost or damaged. The financial …

Article 25 A breach of contract committed by one of the parties is fundamental if it results in such detriment to the other party as substantially to deprive him of what he is entitled to expect under the contract, unless the party in breach did …

Need to talk about criteria/ funding where the money came from The Wembley stadium was built using a Design and build Procurement strategy. A Design and build strategy is where a single contractor is responsible for both the design and construction of the stadium. The …

INTRODUCTION TO THE LEGAL PROCESS Note: Only minimum reading materials are reproduced here. Students are advised to familiarize themselves with all the recommended readings and participate in discussions in the class. (a) The object of Law Study (b) Studying Law under the “Case Method” (c) …

If Gray had more knowledge regarding JAZZ Best, he would have realized that this was an evident situation where an independent specialist should have been used to perform the audit procedure. These problems hindered the gathering of several types of audit evidence. Because Larry Gray …

Critical Analysis on Bonded Labour System (abolition) Act, 1976 SALIENT FEATURES OF THE BONDED LABOUR SYSTEM (ABOLITION) ACT, 1976 • This Act provides for the abolition of the system of bonded labour. It freed unilaterally all the bonded labourers from bondage with simultaneous liquidation of …

Soalan 2 Introduction Somebody has to set up the company and in order to set up a company, there have to be promoters. The promoters will purchase property from which the company is going to operate and undertake the preliminary steps to set the company …

Should Main Lines maximum and minimum lost profit amounts be revised downward for the following? Why?The domestic distribution revenues of $3 million because the deal had not been finalized Even if the deal on the projected domestic sales of $3 million had not been materialized, …

A false statement made to induce a party to enter into a contract. Misprepresentation – if proved – renders a contract voidable. Three (perhaps four) factors must be established to succeed in a claim of mispresentation. there must be an unambiguous false statement of existing …

“The extent of the contractual effect of a company’s articles has long been a subject of controversy generating much academic debate, interest and at times consternation.”Griffin, S Companies Act 2006 – altering the contractual effect of the articles of associationCompany Law Newsletter (2010), pages 1-4. …

Introduction Preamble This section of the report presents the background of the wind farm project, in particular offshore wind farm development, objectives, scope of work and the layout of the thesis Background Wind farm Although offshore wind farm development commenced decades after the onshore but …

INTRODUCTION: The Sales of Goods Act 1893 provides the definition of ‘condition’ and ‘warranty’. During the period between 1893 to 1962 both ‘condition’ and ‘warranty’ was generally accepted that they were the only two types of terms which assist in ‘identifying the breaches which entitled …

Problems Cultural barriers to integration. The considerable differences between the Spanish and German business practices could have been diminished through a sound pre-assesment made by Martinez Co. Since this understanding process was not pursued, a cultural conflict occured which may significantly hinder the processes of …

Indian Contract Act 1872 is the main source of law regulating contracts in Indian law. CitationAct No. 9 of 1872 Enacted byParliament of India Date enacted25 April 1872 Date commenced1 September 1872 The law relating to contracts in India is contained in Indian Contract Act, …

            Procurement can be understood as the process of acquiring services and goods at the most fitting total cost of ownership given the right circumstances for the benefit of certain organizations. In its website, Microsoft maintains that it has been a dominant force in innovating …

In a country with a population in excess of a billion, and plagued by an underfunded court structure full of corrupt and ineffecient officers, we are looking at decades of stagnation, a backlog of cases in excess of 29 million, across the state-level courts, the …

The contract between parties is a CIF (cost, insurance and freight) contract and as such, the Seller is required to arrange the carriage of the goods, their insurance in transit and all costs of such arrangements are usually included in the contract price (Bridge, 2007). …

In earlier days, agreement was built on a very classic and simple basis: it is concluded at the moment that the acceptance of an offer takes place and that is all. In consequence, equal parties were non-existent and stronger parties had the possibility to impose …

Gammasonic v Comrad[1] demonstrates the reluctance of the courts to interpret the Sale of Goods Act to include software downloads as a “good”, preferring to leave the matter up to statutory review. It primarily discusses whether a software package delivered by online download is effectively …

In today society different companies go through various contracts on a day to day basis; however, it is solely up to both companies or parties to ensure that the contract upon entering is in good standing and there after remains in good binding, As in …

Increased liability of other professionals to nonprofits users of their services II. Lack of fairness of Imposing the burden of economic loss on Innocent financial statement users Ill. Assumption that expanded liability will cause auditors to improve their auditing procedures v. Auditors have the ability …

We would first need to establish if there is a valid and legally binding contract formation between Iris (“the offeror”) before deciding on the likely outcomes for the parties. A proper contract constitutes an offer, an acceptance, the provision of a consideration of value and …

Well, people say I’m naturally quiet. This is partially true. While I may come out as shy and reserved to people who don’t know me, I’m actually quite talkative. The reality of the matter is I rarely make the first approach to talk to strangers. …

DISSERTATION REPORT ON Vaibhav Joshi is a bonafide student of MIB IV semester of the Master’s Degree in International Business of Institute of Management Studies, Dehradun under University Roll No. He has completed his/her dissertation work entitled Marketing of general insurance products (with reference to …

Partnership is one of the most popular types of enterprise in Vietnam. A partnership is an unincorporated association of two or more individuals to carry on a business for profit. Many small businesses including retail, service, and professional practitioners, are organized as partnerships. Like the …

INTRODUCTION A contract has been defined as a legally binding agreement or, in the words of Sir Frederick Pollock: ‘A promise or set of promises which the law will enforce’. However, not all promises or agreements give rise to contracts. According to the case study, …