Lecture 1 Definition "A contract is an agreement giving rise to obligations which are enforced or recognised by law." An agreement is insufficient. Are the parties serious about it - intention? Is there consideration involved? It must be something that is recognized by the law. Otherwise it cannot get any compensation. Functions of Contract Law It defines the obligations of the contractual parties - price, when and where to deliver, conditions, etc. Contract law protects rights
Words: 1618 - Pages: 7
performance of duties and this is meant to be legally binding. d. Explain that there are expressed terms in a contract-these are terms that are actually stated. Give examples: such as holidays, notice period, hours of work e. Explain what are implied terms-duties of employer & employee (pg 426) f. Breach by either party & the employment contract, there is recourse in the employment tribunal. e.g if an employer unfairly dismisses the employee, there are remedies such as re-instatement, re-engagement
Words: 1183 - Pages: 5
doesn’t…” 1. Hurt 2. Sell 3. Corrupt 4. Produce 2. Cigarette fires are responsible for how many serious injuries a year? 1. 2000 2. 4000 3. 6000 4. 7000 1. The claim that a product is fit for its ordinary use is 1. An implied warranty 2. An explicit warranty 3. A condition of sale 4. A consumer risk 1. When manufacturers and retailers agree to set prices, this is 1. Horizontal price fixing 2. Vertical price fixing 3. Backwards price fixing 4. Lowered price fixing 1. Until
Words: 780 - Pages: 4
business law and business ethics. The exam covers 11 business law and ethics concepts, including the following: contractual relationship government regulation of business dispute resolution labor and employment law hiring and employment practices warranties, negligence, and liabilities Sarbanes-Oxley Act ethical issues in business ethical leadership ethics programs use of company resources You likely have had some experience with the legal system, either through your own encounters or merely through
Words: 8481 - Pages: 34
doesn’t…” 1. Hurt 2. Sell 3. Corrupt 4. Produce 2. Cigarette fires are responsible for how many serious injuries a year? 1. 2000 2. 4000 3. 6000 4. 7000 1. The claim that a product is fit for its ordinary use is 1. An implied warranty 2. An explicit warranty 3. A condition of sale 4. A consumer risk 1. When manufacturers and retailers agree to set prices, this is 1. Horizontal price fixing 2. Vertical price fixing 3. Backwards price fixing 4. Lowered price fixing 1. Until
Words: 780 - Pages: 4
sabri sent his car to kuzzy he asked him to repair only the driveshaft of the car ; and we may say that was the contract. Contract is a statement which creates contractual obligations between parties.The category of terms includes express, implied, condition, warranty and innominate terms. And it may be orally or in writing. Sabri have say he wanted the driveshaft repiaer and kuzzy accepted that’s mean the contract was formed. And kuzzy must follow what he promised to sabri and move on the contract
Words: 426 - Pages: 2
QUESTION PRESENTED Under NY CLS Real P §235-b (2017), does Ms. Bank have enough proof to show a breach warranty of habitability due to a danger to her life, health and safety when Bank (1) was deprived of her apartments’ essential functions, (2) because bedbugs materially affect the life health and safety of Ms. Bank and Mr. Clarkson. BRIEF ANSWER Yes, Ms. Bank should be able to show a breach of § 235-b (2017) because she was first deprived of her rights to use her apartment for its essential
Words: 1421 - Pages: 6
The Law Handbook Your Practical Guide to the Law in New South Wales 11th edition Contracts 12 Author Carolyn Penfold, UNSW, Sydney The information contained in this document is as up-to-date and as accurate as possible at time of publication in August 2009. 340 The Law Handbook A consumer is a person who acquires goods or services for personal or household use. We are all consumers. Most consumer dealings, whatever their size, cost or importance, are based on a contract. The basic
Words: 7128 - Pages: 29
2004 LAND ROVER DISCOVERY SE7 My 2004 LAND ROVER DISCOVERY SE7 is one of the finest you will find. It is loaded with the SE7 options such as the cold weather package (heated seats, windshield, mirrors, and headlight washers), power windows & locks, power mirrors, dual power sunroof, dual power seats, rear jump seats w/audio controls, cruise control, a/c with dual zone climate control and rear air for jump seats, dual front air bags, am/fm radio w/cassette, 6 disc CD player, and more. All of the
Words: 400 - Pages: 2
The phrase caveat emptor means “let the buyer beware.” Essentially, this is a doctrine that a consumer purchases an item or service at their own risk. The only way this risk is nulled is if a warranty is given by the business or person selling the product or service. A consumer has absolute right to freely choose what they want to purchase and therefore are expected to take responsibility and accept the risks that the product or service they are purchasing may be defective or unsuitable. During
Words: 470 - Pages: 2