1. Sale of goods act 1957 imposed certain implied term in a sale of good contract. Can parties to the contract modify these implied? Discuss? Can, the implied terms are applicable only if the parties did not exclude or modify the terms. (Section 62 under SOGA 1957). Sale of goods act 1957 implies a number of implied terms in every contract for the sale of goods. Implied Terms under SOGA 1957 Implied Condition * Title * Sale by description * Fitness for purpose * Merchantable
Words: 378 - Pages: 2
Elements of a Contract BUS 670 August 25, 2015 Elements of a Contract Introduction A contract is a legal agreement between two entities that creates obligations by both parties that are enforceable by law. As Verkerke (2015) notes, individuals are often ill-informed of the legality of most common dealings in their lives. With a common ignorance of legal matters, it is essential that contracts contain the required elements to be legally binding and protect both parties involved. Additionally
Words: 1529 - Pages: 7
Negotiation happens every day in everyone’s life. People often refer negotiation only to major business decisions, lawyers settling legal claims, or trade exchanges among nations etc., but neglect the fact that we also involve in a negotiation process when dealing with relatively minor things. For example, friends negotiate where to dine, husband and wife negotiate who to do the laundry. When we fail to recognize that we are in a negotiation situation, or fail to negotiate effectively, we could only
Words: 2101 - Pages: 9
HOW TO CONTROL COST OF TRANSPORTATION Negotiate contracts Negotiate contracts with shipping vendors annually or use an experienced partner do the negotiating for company. Then make sure the company is getting the most competitive rates for TL, LTL and other mailing services like co-mingling. Companies that are experts in transportation management and fulfilment have buying power due to the amount of business they do with shipping providers. Thus take the advantages of the relationships that come
Words: 328 - Pages: 2
Request for Proposal (RFP) No. 14-01 Computer and Hardware Equipment Desktop Workstations, Notebooks, Tablets, File Servers, Storage Solutions, Desktop and LAN Printers, Networking Products, Computer-based Telecommunications Systems, Electronics (Cameras, MP3s, GPS, etc.), Scanners and Projectors, Computer Accessories/Parts/Upgrades Release Date: March 3, 2014 Close Date: April 4, 2014, 2:00 PM (PDT) WSIPC Joanne Schultz, Proposal Coordinator 2121 W. Casino Road Everett, WA 98204-1472
Words: 6698 - Pages: 27
Laws 310 Becoming Global Jose Rivera Professor Jennifer Stephens Devry University November 28, 2015 Introduction The client Gloria Smithson has successfully started and grown her business. Gloria has been manufacturing widgets in the United States and has ran into a slight issue. The cost of raw materials has increased by two hundred percent with her current supplier and is looking for other options. Gloria has found a new supplier
Words: 1302 - Pages: 6
Issue 1 The education Enterprise in the WFOE case should be deemed a VIE. According to U.S.GAAP code 810-10-15-14-b, a legal entity could be considered to be VIE if the conditions in section b exists. In section b, as a group the holders of the equity investment at risk lack any one of the following three characteristics of a controlling financial interest: 1. The direct or indirect ability through voting rights or similar rights to make decisions about a legal entity's activities that have a
Words: 1061 - Pages: 5
property through his agent, and in the scenario with R. Alpert, J.Burke had found out indirectly about the sale that same day. Had J. Burke not found out about the sale, his acceptance would have been valid and R. Alpert would have been bound in contract to sell the fleet of Rolls Royce automobiles to two different purchasers. What could Ms. Burke have done to better protect her position? In
Words: 2435 - Pages: 10
Tax Research Assignment Based on the facts given and extensive research of the tax code, I am making the following recommendations to the Rattameyers. Firstly, in regards to the $50,000 rent the Rattameyers received from the producers, this should be included in their gross income despite what they were previously told. Based on code sections 109 and 280A, the rent must be included in gross income and is not allowed to be a deduction because of rental use. Even though the producers were only
Words: 427 - Pages: 2
MGMT 520 Entire Course Legal Political Ethical Dimension of Business Keller Click Link Below To Buy: http://hwcampus.com/shop/mgmt-520/mgmt-520-entire-course-legal-political-ethical-dimension-of-business-keller/ Or Visit www.hwcampus.com MGMT 520 Entire Course Legal Political Ethical Dimension of Business Keller MGMT 520 Discussions ALL 7 Weeks Posted by All Students 483 Pages Keller MGMT 520 National and International Ethics-Patent Week 1 Discussions 1 All Students Posts
Words: 20265 - Pages: 82