European were being the leader of the leisure boat edifice industry until the recent 20 century, the USA and Australia has come in and portion the market as one of the developed luxury boat edifice states. Changes with the times, people live longer and bask …
Yes, we all know the stories given to us by the news, media, and internet. Tiger Woods did wrong and shared his spotlight of shame and pain. True enough he was not liked by many, but who don’t make mistakes? As an outsider that doesn’t …
What is Contract? Contract is an agreement with specific terms between two or more persons or entities in which there is a promise to do something in return for a valuable benefit known as contract. Since the law of contracts is at the heart of …
Truong Th? H? ng Nhung MSV: 08D170334 *** Managers can find an effective way to delegate work successfully thanks to reading the chapter Tom Sawyer whitewashing the fence in the famous novel of “Tom Sawyer”, written by Mark Twain because Tom Sawyer discovered a great …
Pro Audio Sales Agent Program 1. Major Facts / Major Problems: – The program is an administrative nightmare at retail level – Retailers have problems in delivering the product -many dealers were spending time training customers and later losing them to other dealers. -there were …
As the Chief Executive Office of Middlefield Hospital, it has been brought to my attention by the Chief Financial Officer that our financial performance has been deteriorating for the past six (6) months. It has also been brought to my attention that the new facility …
All companies should treat their employees with respect and treat each one of them with dignity. Every employee is an asset of a company and without them no company can function properly. Every person in this world has their rights that should be respected and …
The labor rate variance is the difference between the actual labor rate paid and the standard rate, multiplied by the number of actual hours worked. The formula is: Actual rate – Standard rate x Actual hours worked = Labor rate variance. An unfavorable variance means …
Save this file to your computer. Your assignment is to revise each of the following exercises to reflect your mastery of the concepts described in Chapter 2. Create your revisions directly on your screen, save your response, and send it to your instructor as a …
| Breach of Contract in the Business World| | | | | | | Table of Contents Executive Summaryiii I. Introduction1 II. Breach of Contract1 III. Immaterial Breach of Contract1 IV. Material Breach of Contract2 V. Remedies3 VI. Remedies at Law3 VII. Remedies in Equity5 …
Subject. The Agreement is concluded in order to prevent the unauthorized disclosure of Confidential Information as defined below. The parties agree and acknowledge entering into a confidential relationship with respect to the disclosure of certain proprietary and confidential information (hereinafter termed as “Confidential Information”). This …
The outsourcing phenomenon started 30 years back when large companies started giving out their work to other small and big companies. The paper examines the factors that influence outsourcing and vertical integration and examine the factors that prompt organizations to outsource their work. DISCUSSION The …
CHAPTER EIGHT MISREPRESENTATION A misrepresentation is an untrue statement, which induces the other party to enter into the contract. A misrepresentation may be fraudulent, negligent misstatement, or wholly innocent. The applicable remedy depends on the nature of the misrepresentation. In order for a representation to …
Articles 67 – 69 of the CISG: govern the passing of risk, and the seller is liable for the damage or loss caused by any of his actions. Moreover, loss or damage caused due to an omission by the seller makes him liable to bear …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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? …
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 …
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 …
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 …
Ratification
Ratifying a contract is the act of approving the terms and conditions that are being spelled out in the document. For example, if you go on vacation and provide permission to an employee to sign a contract on your behalf, you may be then asked to ratify it.
Assignment
An assignment of contract occurs when one party to an existing contract (the "assignor") hands off the contract's obligations and benefits to another party (the "assignee"). Ideally, the assignor wants the assignee to step into his shoes and assume all of his contractual obligations and rights.
Contract law cases
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