unsound and intoxicated persons. Incapacity is someone that unable to manage the physical or mental of others’ events. According to Contract Law, Incapability, “ As the mentally unsound and intoxicated persons; if the person suffering from the disability is incapable of understanding the nature of the contract, the other party knows or ought to know it, and the contract is voidable.” The plaintiff was Arthur’s guardian and the defendant was Katrina. In this case Arthur sold the land to Katrina as $5000
Words: 2493 - Pages: 10
Production and Operations Plan Overview : The main objective of operations plan is to produce high quality products and services at efficient processes (least cost) for a company to be profitable. Activities in operations management (OM) include organizing work, selecting processes, arranging layouts, locating facilities, designing jobs, measuring performance, controlling quality, scheduling work, managing inventory, and planning production. This means that operations management deals with
Words: 655 - Pages: 3
terms: • Ignoring EULAs can expose your computer to security risks. • Ignoring EULAs can put your privacy at risk. The following issues were noticed when scrutinizing the VMware’s End User License Agreement: 1. It is a shrink wrapped contract: by simply downloading the software the company agrees to the terms of the EULA. 2. Liability for third party use: The company will be liable for our third party agents compliance with the terms and conditions of the EULA. Any breach of VMware’s
Words: 841 - Pages: 4
Written Assignment 1. a) From the information given a contract is necessary because according to the Statute of Fraud it states that sale of goods priced at five hundred dollars or more. This type of contract needs to be a writing or memorandum and signed. The essential terms of this writing are quantity, signed by party to be charged, name of parties, subject matter, and consideration. In this scenario there was a contract offer because Garvey had written offers for the Porpoise to Caldwell
Words: 982 - Pages: 4
there was a valid contract between Apple and this father? 2. Whether or not the transaction contract was valid? 3. Whether or not Apple has a right to refuse the refund? Law: Article 9 Capacity; Contract through Agent In entering into a contract, the parties shall have the appropriate capacities for civil rights and civil acts. Article 16 Effectiveness of Offer, Offer through Electronic Message An offer becomes effective when it reaches the offeree. When a contract is concluded by
Words: 1767 - Pages: 8
there were a total of 15 federal employees and contractors and several companies involved. Some of the people involved in the fraud was Michael L Alexander, former program manager, Lee A. Khan, son of Kerry Khan, Harold F. Babb, former director of contracts at Eyak Technology LLC (Alaska Native-owned small business), Alex N Cho, the former chief technology officer of Nov a Datacom LLC, and Mckinny, the president of Alpha Technology Group Inc., (a provider of program management services). The
Words: 1926 - Pages: 8
Article 1458: Contract of Sale By the contract of sale one of the contracting parties obligates himself to transfer the ownership and to deliver a determinate thing, and the other to pay therefor a price certain in money or its equivalent. A contract of sale may be absolute or conditional. Essential Requisites The contract of sale, being a contract, has the same requisites, namely, consent, object, and cause. 1. Consent - Also called meeting of the minds. mutual agreement, or consensus
Words: 4734 - Pages: 19
Perscilla Jenkins Colorado Technical University Professor Robert Wilberding MGM316-1301B-06 Phase 3 IP March 12, 2013 One of my vendors that work closely with my franchise wants to purchase $10 million in materials and services from suppliers in China, Japan, and South Korea. It was recommended that my company use an approach to business negotiations that provides a win-win for both parties. Management was also told they needed to know the background of the Asian negotiator and that they
Words: 798 - Pages: 4
covering our two most important TCOs: A and I. These will be foundational for the term. As TCO A is our ethics TCO and TCO I is our international TCO, note that both of these TCOs will be important under and inside each of our topical TCOs (e.g., contracts, environmental law, employment law, etc.) | | Business Ethics | | As we move through the course, each learned TCO should remain in the back of your mind. We will build on them while learning the law. As you will find, most of the TCO A
Words: 6366 - Pages: 26
hearing claims of not more than $60,000. It does not have the jurisdiction to hear claims of more than $60,000. e(i) The Subordinate Courts under the Small Claims Tribunal as it was a dispute concerns of a contract for the provision of services. Therefore, Nail O bar is liable for breach of contract as payments have been made for the package and yet appointment are not given. e(ii) The High Court as bankruptcy proceeding is one of the cases that can only be heard by the High Court. e(iii) District
Words: 415 - Pages: 2
