Some of the contracts which minors can't disaffirm include education loan contracts, insurance (health and life) contracts, armed forces enlistment contracts etc. Further, in some states, if a minor who seems (in terms of appearance) to be of majori Continue Reading...
Contract Modification -- The situation involves a buyer, Tabor, and a seller, Martin. The two enter into a contract to deliver 50 file cabinets at $40/cabinet in five equal installments, or 10 cabinets per delivery for $400. After two deliveries, Mar Continue Reading...
Contracts Scenario On June 15, Peters orally offered to sell a used lawn mower to Mason for $125. Peters specified that Mason had until June 20 to accept the offer. On June 16, Peters received an offer to purchase the lawn mowe for $150 from Bronson Continue Reading...
Contracts and Procurement Project Proposal The North Bristol NHS trust is building the Southmead Integrated Community Hospital. The hospital will have maternity and neonatal facilities, a breast care center, and clinical research teams. The hospital Continue Reading...
Contract Law A written offer, which remained open for five days, was provided to sell B. Greenacre for $1,000 by A. On the eve of expiry of the offer, B obtained a report from the county recorder of deeds that he (the recorder) had obtained a deed o Continue Reading...
Contract: Elance has a Services Agreement, which acts as part of company's Member Contract between Client and Provider. The agreement is considered effective after a client awards and provider accepts a job on the firm's website. In this case, the Continue Reading...
Contracts and Performance-Based Acquisition A contract is a planned and legal agreement made between two or more parties with intent. It could be oral or written and may involve business individuals, employers and employees, or tenants and land lor Continue Reading...
contract is "a set of legally enforceable promises," (p. 304). From this simple definition, it would seem that a verbal contract did indeed exist between the two parties in question. Jacob did tell Henry he would be receiving an extra week of vacati Continue Reading...
Therefore, these agreements can determine an increased level of quality of the contractors' efforts. The advantages of the basic ordering agreements also rely on the fact that they allow to agree on prices and quantities of products and services th Continue Reading...
Contract Several elements determine the enforceability and validity of a contract. Similarly, several elements can cancel an agreement between two or more parties and/or void a contract. To determine what makes a contract enforceable, and how to le Continue Reading...
The inclusion of good title is an implied understanding in any sale of a motor vehicle or other property whose ownership is normally represented by title papers (Schmalleger, 2008). Voidable contracts are those that are enforceable under certain ci Continue Reading...
Contracts Elements needed in order for a contract to be formed The essential aspects of contract that make it legally binding contract are; there must be an offer and acceptance in that the offer by one party is accepted by another party. Intentio Continue Reading...
contract with a property management firm usually provides for various issues that are inherent in a real estate agreement. This will include the individual obliged to pay rent, who is the tenant, the commencement date, the address and the amount to Continue Reading...
contract formalizes the agreement between two parties regarding buying a certain item, entering into a certain service, or accepting a certain condition. Contracts cover a huge span of agreements including the sale of goods or real property, the ter Continue Reading...
contract have been well established over the course of time and have remained constant during that time. Traditionally, contracts have been defined as consisting of an offer and acceptance supported by consideration but there other elements that mus Continue Reading...
contract for sale must be made and signed by both parties or by parties' authorized agent. All details must be clearly and specifically stated. The contract must also satisfy all details of subsection and satisfies requirement unless recipient gives Continue Reading...
Contract One of the most common forms of legal agreements is contracts. These are obligations that allow both parties to receive specific benefits based upon meeting certain conditions. In the last few years, they have become increasingly common as Continue Reading...
Contracts Outsourced Software Project specifications: The best type of contract to use The standard contract used in most software development is that of a procurement order. A procurement order is a standardized document, usually for routine agr Continue Reading...
contract was formed by Allegheny Energy and Merrill Lynch so that Allegheny Energy could acquire the Global Energy Markets Unit (GEM) division of Merrill Lynch. A definitive agreement was signed by Merrill Lynch and Allegheny Energy, and under the t Continue Reading...
Contract In order to write the proposed personalse services contract, it is critical to include the following elements: -names and identifying information for both parties; -payment rate and frequency; -expected duration of the project; -duties Continue Reading...
Law of Contract Contract law As to concerned definition of law there are many definition among various schools of thought of law such that no particular definition is acceptable to them as universal definition of law, but nevertheless there is a co Continue Reading...
This allows them to have an advantage if litigation becomes inevitable. 5. Non-Competition Clause a/k/a Covenant Not to Compete Clause - Most companies will attempt to protect their intellectual capital from competitors by having employees sign a n Continue Reading...
devising a contract administration plan should include concise and clear direction. Focus or scope should be narrow and specific. Years of experience suggests the more focused one is on a subject, the more one can eliminate the unnecessary fluff, th Continue Reading...
Legume and Arrow Contract Order IRAC Method Assessment of Case Study Case Name Statement of Facts Issue (Question at Hand) Rule (Statement of the Law) Case Name: This is a case between K.K. Legume Inc. which is a sweater manufacturer and Arrow Continue Reading...
These different elements are important, because they make it difficult for the federal government to adjustment to large scale projects. This is problematic, because it means that inevitable cost overruns and delays will occur (despite using these a Continue Reading...
contract is a legally enforceable promise that allows commerce to flow smoothly throughout society. Without contracts, businesses and consumers would be embroiled in constant disputes with potential for fraud and frequent misunderstandings but the f Continue Reading...
Breach of Contract and Failure of Consideration: Black is only obligated to pay the original $150,000 for the equipment. As a fundamental principle, courts do not interfere with the terms or obligations of contracts merely because one of the parti Continue Reading...
Two of the necessary conditions for the formation of a contract are offer and acceptance. Over the years, courts have faced a number of questions as to what, specifically, constitutes offer and acceptance. Issues relate to wording, timing and medium, Continue Reading...
What are some reasons for and against contracting out? Additionally, what are reasonable items to contract out? Contracting out is often justified according to the principle of economic specialization. In other words, it is best if a particular organ Continue Reading...
contract has been signed with a qualified contractor for working on the firm's computer applications with the mutual understanding that the contractor or vendor would facilitate improved performance and reduced cost of the system. The type of contra Continue Reading...
Contracting with Imperfect InformationThe manufacturing firm marginal benefit, MB, for hours of legal service isMB=$400-2L, where L=hours per week of legal services.Marginal benefit represents the maximum price that a rational buyer would pay for an Continue Reading...
Applicable Standards Standard cash-based accounting methods must be adhered to in the conducting of this audit. All governmental regulations regarding the inclusion and exclusion of expenditures and revenue must also be strictly followed. Any area Continue Reading...
Contracting An effective consulting contract is one that clearly stipulates the scope and deliverables of the project. Both the client and the consultant must have a detailed understanding of each element of the contract (Block, 2011). This paper i Continue Reading...
Jilted Contractor The unfortunate case of Cromuel Contractor is a sad one to read. This is said because the detailing of the events surrounding the contract bidding war seemed to show that Ridley was the clear winner and that BFE was the clear loser Continue Reading...
Production Case Study PRICE NEGOTIATION MEMORANDUM (The prenegotiation objectives establish the Government's initial negotiation position. They provide parameters that will be used in the contracting officer's final determination of a fair and reas Continue Reading...
VOIDABLE CONTRACTUnit 3 A1: Mutual AgreementFrom the onset, it would be prudent to note that a voidable contract could be conceptualized as an agreement whose enforceability, from a legal standpoint, could be affected by several reasons or factors (T Continue Reading...
court ruled that the commercial was not an offer to enter into a contract. Explain the court's reasoning and holding. In principle, a valid contract requires an offer, acceptance of that offer, sufficient specificity as to the substance of the agre Continue Reading...
Government Contracting class. GAO case study: Contract dispute One of the most recent government debacles of 2013-2014 was that of the healthcare.gov crisis. Healthcare.gov, the Internet exchange on which people could buy healthcare plans on the o Continue Reading...
Part IV of the TPA specifically makes illegal practices which restrict competition or free trade. Furthermore, the Act authorizes private actions to be brought to enforce this provision. Lana believes that Phoebe's practices amount to an unfair rest Continue Reading...
