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Last update: February 15, 2015
  • What Is a Contract?

    What Is a Contract?

    1 What is a contract? A contract is an agreement between two or more people, or parties. It could be oral or written. A contract involves an exchange of promises in return for something of value to each party. Samuel (2007) uses the Academy of European private Lawyers European Contract Code to describe a contract as "…the agreement of two or more parties to establish, regulate, alter or extinguish a legal relationship between the said

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    Essay Length: 253 Words / 2 Pages
    Submitted: March 29, 2011 Autor: antoni
  • Alliance Contract

    Alliance Contract

    alliance contract. what is an alliance contract. Who use alliance contract. what is the difference between alliance contract and stand form of contract. Identify the contract. The disadvantages of alliance contract. the advantages of alliance contract. Why some of the construction doesn't want to use it. The reason there don't want to be involve in alliance contract. Why some alliance contract is so favourable by some construction. Standard Forms of Contract is a very simple

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    Essay Length: 570 Words / 3 Pages
    Submitted: April 2, 2011 Autor: peter
  • Business World - What Are the Four Elements of a Valid Contract?

    Business World - What Are the Four Elements of a Valid Contract?

    What are the four elements of a valid contract? • Meeting of the minds between two parties, demonstrating they both understand and agree to the essentials of the deal you are trying to make. This condition or element is often considered a necessary requirement to the formation of a contract. • An agreement to enter into a contract, when both parties signing a written contract, although oral contracts can be valid too in some situations

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    Essay Length: 416 Words / 2 Pages
    Submitted: September 4, 2011 Autor: jon
  • A Power Play for Howard - Costs and Risks Analysis Associated with Negotiating Juwan Howard's Contract

    A Power Play for Howard - Costs and Risks Analysis Associated with Negotiating Juwan Howard's Contract

    A Power Play for Howard A Power Play for Howard Costs and risks analysis associated with negotiating Juwan Howard's contract. The Washington Bullets' General Manager Wes Unseld, and the Miami Heat's General Manager Pat Riley engaged in a critical bidding war for Juwan Howard's employment with the NBA. As the new general manager, Unseld, was required to respond quickly to persuade Howard that the Bullets were the team for him. Unseld was in a new

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    Essay Length: 636 Words / 3 Pages
    Submitted: September 16, 2011 Autor: jon
  • The Formation of the Warehouse Lease Contract

    The Formation of the Warehouse Lease Contract

    Issue 1: The Formation of the Warehouse Lease Contract Hamlet jumps at the chance to rent the old warehouse…he signs the lease and Hamlet signs "Hamlet, Prince of Denmark, for the new fencing enterprise." A contract is a promise which the law will enforce. To make a contract, the offeror makes an offer and the offeree accepts the offer. Hamlet decided to rent the old warehouse on Elsinore Avenue from the landlord old Fortinbras as

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    Essay Length: 1,129 Words / 5 Pages
    Submitted: November 21, 2011 Autor: peter
  • Recognizing Contract Risk and Opportunities Memo

    Recognizing Contract Risk and Opportunities Memo

    Recognizing contract risk and opportunities memo: A contract is an agreement between two or more parties for the doing and not doing of something specified (Online Dictionary). Contract plays a very important role in business agreement, so it is very important to read and understand each clauses of the contract before sign-off and agreeing to its terms. Otherwise, it often causes misunderstanding which leads both parties to go through the litigation process, which costs money

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    Essay Length: 1,497 Words / 6 Pages
    Submitted: November 21, 2011 Autor: rita
  • Contract Law Intentions to Create Leagal Relations

    Contract Law Intentions to Create Leagal Relations

    Intention to be bound is essential The intention to create legal relations is an essential element in the formation of a contract. Where no intention to be bound can be attributed to the parties, there is no contract. The test of intention is objective. The courts seek to give effect to the intentions of the parties, whether expressed or presumed. In Rose and Frank Co. v Crompton Bros. (1925) AC 445 Atkin LJ said, in

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    Essay Length: 2,772 Words / 12 Pages
    Submitted: January 29, 2012 Autor: tayyba_001
  • Contract of Service Vs Contract for Service

    Contract of Service Vs Contract for Service

    INTRODUCTION Businesses exist with the primary view of making a profit and thus returning value to its shareholders. It is therefore not surprising that once the profit base of the business is undermined or threatened that steps will be introduced to stem the loss in profits by the business. If an analysis is conducted and the findings indicate that the proportionately high cost of conducting business can be attributed to the local environment or to

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    Essay Length: 2,655 Words / 11 Pages
    Submitted: March 7, 2012 Autor: ephzibah
  • Contracts Case

    Contracts Case

    Contracts This assignment has Team A examining four different cases involving various types of contracts. Each scenario is different and all have different outcomes with different questions to answer. Below is a brief synopsis of each scenario with issues or questions that must be addressed: 1. Foodmart vs. Masterpiece Construction: Masterpiece was hired by Foodmart to renovate the store; Masterpiece subcontracted the work to Build Them to Fall Construction. Build’s construction was shoddy at best

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    Essay Length: 1,960 Words / 8 Pages
    Submitted: April 14, 2012 Autor: jeamberts
  • Remedies for the Breach of Contracts in Business

    Remedies for the Breach of Contracts in Business

    Introduction This report is based on the eight different remedies that are available to businesses if their contracts with other businesses are breached. When a contract is breached, this means that the terms that have been agreed by both parties before completing their business venture together have been broken in some form or another. Once a contract is in place it is legally binding and can be enforced by the appropriate legislation in the courts.

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    Essay Length: 2,153 Words / 9 Pages
    Submitted: April 18, 2012 Autor: jaysophiebex
  • 7 Elements to a Contract, in Business Law

    7 Elements to a Contract, in Business Law

    In this task I will be producing a brief report about the remedies that are available for breach of contract. The report will include- Liquidated and unliquidated damages- Compensation damages. Judge, unliquidated damages. Liquidated damages. Liquidated damages- Generally, contracts that involve the exchange of money or the promise of performance have liquidated damages. The purpose of this stipulation is to establish a predetermined sum that must be paid if a party fails to perform as

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    Essay Length: 540 Words / 3 Pages
    Submitted: May 18, 2012 Autor: Eworthington368
  • Contract Law

    Contract Law

    Introduction The following report contains information regarding Jenny Banks’s taxi business and the expansion of it in setting up a partnership with Michael and Trevor. She needs to know how to distinguish differences between different forms of business organisation and the law that surrounds it. In addition to this Jenny will need to know about the paperwork involved in setting up a private limited company. The report will also address Jenny Banks’s raising concerns of

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    Essay Length: 763 Words / 4 Pages
    Submitted: May 23, 2012 Autor: samcorkin
  • Air Transport Contract Law in Bahrain

    Air Transport Contract Law in Bahrain

    Carriage contract There are many definitions to the Carriage Contract; some define it as “the contract whereby the carrier is committed to the transfer of people or goods from one place to another by plane for a fee” Others define it as “An agreement by which the carrier bins himself to carry objects or persons to a certain destination in consideration of certain fee. A carriage contract is concluded upon mutual agreement unless both parties

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    Essay Length: 292 Words / 2 Pages
    Submitted: June 2, 2012 Autor: ayshabucheeri
  • Procurement and Contract Law

    Procurement and Contract Law

    ASSIGNMENT 5: PROCUREMENT LAW OVERVIEW, PART TWO Introduction In this paper, I will summarize the clauses for "Payments Under Fixed-Price Construction Contracts, Government Delay of Work, Contract Terms and Conditions with reference to Commercial items, distinguish between the various types of contracts and their use and compare and contrast termination for default and termination for convenience. Payments under Fixed-Price Construction Contracts The government should pay the contractor the exact contract price as specified in the

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    Essay Length: 2,002 Words / 9 Pages
    Submitted: August 13, 2012 Autor: andrew
  • Recognizing Contract Risk and Opportunities Memo

    Recognizing Contract Risk and Opportunities Memo

    Recognizing Contract Risk and Opportunities Memo LAW 531 September 14, 2010 University of Phoenix Recognizing Contract Risk and Opportunities Memo The current managers in companies exposed to legal problems as a result of trade relationships in companies where they operate. Trade relations between the companies are subject to a legal framework and managers must be knowledgeable in legal matters which would allow the reduction of legal problems when conducting business transactions with customers. Managers of

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    Essay Length: 927 Words / 4 Pages
    Submitted: September 8, 2012 Autor: hugv
  • Contracts Creation and Management

    Contracts Creation and Management

    When the contract formation is achieved all parties involved should be in complete understanding of what is written. In a perfect world there would be no room for interpretation but this does not exist. The foundation of a contract is always agreement and consideration. Combining these elements along with the legal relations and communication will ensure a deal that will benefits all parties. Under the agreement the negotiations will settle the deal. While working through

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    Essay Length: 601 Words / 3 Pages
    Submitted: September 30, 2012 Autor: simba
  • Societe Lyonnais - Analysis of the Program’s Results

    Societe Lyonnais - Analysis of the Program’s Results

    INTRODUCTION Societe Lyonnais (SL) is a French Multi-national Company. Four years ago, the company set up a “High flyer program" in order to develop the skills of its middle and senior managers at the headquarters which is based in France. A one week generic Leadership program was set up shortly before those managers moved abroad. ANALYSIS OF THE PROGRAM’S RESULTS After four years of running the program, the results have shown that it did not

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    Essay Length: 1,418 Words / 6 Pages
    Submitted: November 5, 2012 Autor: hd08026k
  • Contracting and Ethics

    Contracting and Ethics

    Introduction Contracting is a large business that involves billions of taxpayer dollars. A commitment to ethics in government contracting is imperative to ensure the correct usage of taxpayers’ funds. In order to avoid the appearance of violating any ethical codes, contracting personnel should avoid conflicts by not offering or accepting gifts, refusing bribes, and not disclosing sensitive information. It is crucial that contracting personnel abide by these rules, because even the emergence of violating them

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    Essay Length: 1,341 Words / 6 Pages
    Submitted: November 10, 2012 Autor: cdevonna
  • Contract Definition, Elements, Terms and Contrast Between Tortious and Contractual Liability

    Contract Definition, Elements, Terms and Contrast Between Tortious and Contractual Liability

    A contract is a legal agreement between two or more entities. It is a written document followed by demands, consequences and terms. Any agreement considered to be legally binding and becomes a contract when three conditions are met. Those conditions are offer and acceptance, intention to create legal relation and consideration. If one of these conditions is not met then the contract is not legally binding and it cannot be enforced on the other party

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    Essay Length: 317 Words / 2 Pages
    Submitted: December 16, 2012 Autor: romio
  • Societal Culture Vs. Organizational Culture

    Societal Culture Vs. Organizational Culture

    In earlier readings of Organizational Behavior (2011), the authors, Stephen P. Robbins and Timothy A. Judge discussed, at length, the many elements of societal culture. Of those elements, the roles of personality, values, and their effect on the group dynamic, dominated the discussion. The following, however, will discuss how societal culture relates to structure of organizations, particularly as it pertains to work design. The relationship between societal culture and organizational culture will also be examined.

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    Essay Length: 796 Words / 4 Pages
    Submitted: December 18, 2012 Autor: leyleyfenn
  • What Is a Participation Contract?

    What Is a Participation Contract?

    What is a participation contract? In the sense of this question, a participation contract is a contract signed by a doctor or medical practitioner and a body such as an insurance agency. The contract states that the doctor can carry out procedures and practice medicine, and that the other body (for example, an insurance agency) will cover the doctor's bills and expenses should anything go wrong. Therefore, each party in the contract has legally agreed

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    Essay Length: 329 Words / 2 Pages
    Submitted: January 8, 2013 Autor: codyr72
  • Isotonic and Isometric Contractions

    Isotonic and Isometric Contractions

    Isotonic and Isometric Contractions There are two types of muscle contractions that occur when your brain signals to your body to move a muscle or to keep a muscle in a certain position. The two muscle contractions are classified as isotonic and isometric muscle contractions. Isotonic and isometric contractions are the push and pulls that guide you through each day. These contractions help you to sit up, walk, or turn the page of a book.

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    Essay Length: 251 Words / 2 Pages
    Submitted: January 21, 2013 Autor: cypher0
  • Fin 230 - Fair and Reasonable Pricing/government Contracts

    Fin 230 - Fair and Reasonable Pricing/government Contracts

    Fair and Reasonable Pricing/Government Contracts FIN 230 Although the meaning is different to different people, fair and reasonable pricing is mainly when both the buyer and the seller are satisfied with the outcome of the transaction. Several factors need to be met in order to determine whether or not a price is fair and reasonable. According to John Murphy, (1) the government prefers market-based pricing over cost-based pricing to judge fair and reasonable pricing and

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    Essay Length: 443 Words / 2 Pages
    Submitted: January 23, 2013 Autor: antoni
  • A Societal Issue

    A Societal Issue

    The societal issue that I would like to choose for my final paper is eating disorders. I think it is definitely a current issue and something that affects our society more than people realize which is why I would like to investigate it further. I find this topic very interesting because it is often overlooked and people don’t really like to talk about it. Therefore, I would like to learn more about it because I

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    Essay Length: 324 Words / 2 Pages
    Submitted: February 3, 2013 Autor: Tjack
  • Contract Creation and Management Assignment

    Contract Creation and Management Assignment

    Contract Creation and Management Assignment This paper will analyze the related legal principles presented in The Nature of Agency video that deals with the nature of agency within a small business. The analysis will also include any issues and solutions that are presented in The Nature of Agency video. In this scenario a company called Non-Linear Pro has filed a lawsuit against Quick Takes Video to collect money it claims is owed on a lease

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    Essay Length: 836 Words / 4 Pages
    Submitted: February 4, 2013 Autor: kyoung

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