Essays on Contract Law

The fact that a promise has been made does not mean the promise can or will be enforced. Under the common law, a primary basis for the enforcement of promises is consideration. Consideration usually is defined as the value (such as cash) given in return …

The impact of risk management on profitability in Islamic banks against conventional banks Introduction Background of the study Since 1970s Islamic banks is developing on the feet and leg. The number of Islamic financial institutions has risen to over three hundred institutions in more than …

Treibacher Industrie, A. G. v Allegheny Technologies, Inc (2006) Facts: The case proceeded to a bench trial, where TDY and Treibacher disputed the meaning of the term “consignment”-the delivery term contained in both contracts. ? TDY introduced experts in the metal industry who testified that …

It is in the best interests of legal systems to draw a clear distinction between an employee and an independent contractor so as to be in a better position to determine the way to deal with workplace conflicts (Davies 2010). Every employer has some form …

Jack Daniel’s Case Analysis I. Identify Symptoms 1. Jack daniel traditionally gave the slop for free for decades, then established a price of $2 per thousand gallons, and then raised to $4. Because of the low prices and availability of the feed, farmers began to …

 I. Introduction The aim of insurance is to shift risk from one person (the insured) to another (the insurers). In insurance contract as a matter of public policy, certain insurable requirements must be met, to make it valid. Insurable interest is one of the basic …

Day v. Caton 119 MASS. 513 1876 FACTS: Plaintiff Day built a wall between two adjacent estates in Boston and required defendant Carton to pay for a portion of the wall. On the other hand, defendant Caton claimed that there was no express contract between …

Its quotation was for $ 25 million. In Kuwait the project was sponsored and announced y a US – based construction company called Fume. According to AH Saba, their bid of $ 25 million was modest but had included a high margin of profit. On …

For businesses, commercial banks also provide specialized cash management and credit enhancement services. Cash management services are designed to allow businesses to make efficient use of their cash. For example, under normal circumstances a business would sell its product to a customer and send the …

1. With respect to sales at those locations, Roz is a. an independent contractor. . ot Trina’s agent or employee, or an independent contractor. c. Trina’s agent and employee. d. Trina’s employee only. 2. Refer to Fact Pattern 17-1. At the shop, Roz and Sara …

Prohibition of Riba’ Generally Riba’ means that prohibition on any interest. In Islamic Finance system, investors and lenders are strictly disallowed to charge or receive interest. In the Shari’ah, “riba” technically refers to the premium that must be paid by the borrower to the lender …

Introduction In today’s economic climate businesses often exert commercial pressure during contract negotiation stages. This is a normal part of the process and parties to a contract generally know when pressure being exerted is lawful. Although there is a difference between commercial negotiation and illegitimate …

According to the article “Many Kids Called Unfit for Adult Trial,” 200,000 juveniles a year are being tried as adults in the United States. They are sentenced to life in prison and even the death penalty. But is that what is really best for them? …

The Consumer Guarantees Act is a cornerstone piece of legislation. Its role is to protect consumers. Under the Act, your consumer rights are expressed as a series of “guarantees” that a seller automatically makes to you when you buy any goods or services ordinarily purchased …

Introduction As per the scenario, I am the master of a 30,000 tonne general cargo ship under the voyage charter sailing from UK, bound for Korea after loading a cargo of steel pipes of high grade. After a visual inspection found that some of the …

1. Briefly, what are the major developments in the history of the labor-management relationship within Major League Baseball? According to Lewicki, Barry & Saunders (2010), the major developments of labor-management relationship within Major League Baseball (MLB) started in the late 1960s and were characterized by …

F ‘Nell del Sure is currently aced with an opportunity to obtain a contract with a mass merchandising retailer to sell their products at 10% below their current prices. The contract would start out with an initial purchase of $750,000 and possibly generate as much …

Employee Rights & Managing Discipline All corporations strive to have strong employee relations, recognizing employee rights and effectively administering discipline are two vital aspects of developing this relationship. These aspects, meticulously executed, generate increased job satisfaction amongst employees and improved performance. Identifying and observing various …

Page 1 All ER Reprints/[1914-15] All ER Rep /Hickman v Kent or Romney Marsh Sheep Breeders’ Association and another – [1914-15] All ER Rep 900 Hickman v Kent or Romney Marsh Sheep Breeders’ Association and another [1914-15] All ER Rep 900 Also reported [1915] 1 …

MICROSOFT SOFTWARE LICENSE TERMS WINDOWS VISTA HOME BASIC SERVICE PACK 1 WINDOWS VISTA HOME PREMIUM SERVICE PACK 1 WINDOWS VISTA ULTIMATE SERVICE PACK 1 These license terms are an agreement between you and ·the device manufacturer that distributes the software with the device, or ·the …

The modern entrant making process Is often a set of very complex agreements and usually Involves big amounts of money. The negotiations may last for months or even years. As a result, the parties will reach an agreement by piecemeal. There Is not a simple …

Trends are showing that there is a change in the way intimate relationships are constituted throughout the world. Cohabiting, in the absence of a marriage contract has only become so common over the past few decades. This practice of living with a partner in an …

In continuance of the case of Midsouth Chamber of Commerce, the organization has appointed Sage Niele as a new Vice President of Operations and Chief Financial Official of the company. During her initial period, she looked back and contemplated about the decision she had made …

Implied Warranties Case Study Implied Warranties FACTS: Peter and Tanya Rothing operated Diamond R Stables near Belgrade, Montana, where they bred, trained and sold horses. Arnold Kallestad owns a ranch in Gallatin County, Montana, where he grows hay and grain, and raise Red Angus cattle. …

Term paper on Functions oF credit risk management in non Banking Financial institutions (nBFi) in Bangladesh A study on IDLC Finance Limited Submitted to: Submitted By: Date of Submission: Letter of Transmittal_______________________ 23rd December 2013 Sh University Subject: Submission of term paper of BBA Programme …

Introduction There are a number of intellectual property concerns with regards to the given set of facts and these relate to four specific elements of the given facts namely, the publication of the information in GOSSIP magazine, the proposed book written by Jayson, the registration …

Exaggerated claims have sometimes been made about the degree power and freedom enjoyed by women in early Irish society. It certainly true that women feature prominently in Old and Middle Irish literature. In the saga Tain Bo Cuailnge, Queen Medb is the leader of Connacht, …

* Masters v Cameron (1954) * Estate agent retained by Cameron drew up a sale note for the sale of Cameron’s property to Masters. * Cameron’s insistence included in the sale note a clause. * Agreement made subject to the preparation of a formal contract …

ETC creates and distributes entertainment throughout the world. Miramar Is part of the conglomerate, Colony Capital and Qatar Holding, which creates movies, among other products. By virtue of a contract, ETC has exclusive rights to distribute Miramar movies in the U. S. , the largest …

$25,000 bail set in wild ride case Man charged in girlfriend’s assault By Dave Greenslit TELEGRAM & GAZETTE STAFF CLINTON — A man who allegedly beat, choked and raped his girlfriend before hitting her with her car in Bolton was ordered held on $25,000 bail …