www.howardscasedigests.webs.com 1 CHAPTER 1: INTRODUCTION CONTRACT OF SALE – One of the contracting parties obligates himself to transfer the ownership of and to deliver a determinate thing, and the other to pay therefor a price certain money or its equivalent. A contract of sale may be absolute or conditional. SALES 1. Contract of sale (absolute) • real obligation – obligation to give • remedies available: a. specific performance b. rescission c. damages 2. Contract to sell (conditional)
Words: 10225 - Pages: 41
enforce a contract must have, in fact, provided consideration for the promise which they seek to enforce against the other party. Note, that an exchange of promises may be enough to constitute consideration, as may be a promise to do work or a promise to release a person from liability. Consideration involves the idea of exchange. In other words it is something given by a party
Words: 3143 - Pages: 13
It became the leading party in Germany carrying almost all of the supporters. Hitler had to make some changes though, so the party would not fall again. He reduced the number of stormtroopers and instead added a new branch to the Nazi party which was the SS or the secret service. He used the SS as a bodyguard to protect himself, which he would use for a long time. He also set up a network of local parties as he merged with other right-wing parties, then took them over to grow even
Words: 3056 - Pages: 13
Josef Stalin (USSR) | Mao Zedong (China) | | | Conditions that produced authoritarian and single-party states | * Contenders (Left to right): Trotsky, Zinoviev, Kamenev, Stalin, Rykov, Tomsky, Bukharin * Issues affecting power struggle: - Leadership (Collective vs Single) - NEP (End vs Continue) - Revolution (Permanent vs One Country) * Methods he used to come to power (pg103): Lenin’s early death; Lenin’s Secret Testament; Lenin Enrolment; Leninist Foundations; No Clear Successor;
Words: 1268 - Pages: 6
Chap 9- Bilateral contract- a contract entered into by way of exchange of promises of the parties a promise for a promise. Unilateral -a contract in which the offerors offer can be accepted only by the performance of an act by the offeree a promise for an act. Implied in law contract (quasi)-an equitable doctrine whereby a court may award monetary damages to a plaintiff for providing work or services to a defendant even though no actual contract existed. The doctrine is intended to prevent unjust
Words: 3975 - Pages: 16
PART II - CONTRACTS -meeting of minds bet 2 parties whereby one binds himself with respect to other to give something or render some service PRINCIPAL CHARACTERISTICS: 1. Autonomy of wills – parties may stipulate anything as long as not illegal, immoral, etc. 2. Mutuality – performance or validity binds both parties; not left to will of one of parties 3. Obligatory Force – parties are bound from perfection of contract: a. fulfill what has been expressly stipulated b.
Words: 11477 - Pages: 46
child receives a new birth certificate showing the adopters as the parents, and acquires rights of support and inheritance from the adopting parents. The adopting parents acquire rights to guardianship and custody of the child. Normally the child takes the adopters’ surname. The birth parents cease to have any legal obligations towards the child and lose their rights to custody and guardianship. For an adoption to
Words: 1074 - Pages: 5
Virginia Beach Company that has cancelled an agreement the two parties have made. Corbin Bernsen played Arnie Becker in the famous sitcom “L.A. Law”. Because of his acting success within the legal industry he was hired by Innovative Legal Marketing, LLC to perform some promotional work. However, Innovative Legal Marketing cancelled the one million dollar contract after one year due to the promotion only being successful in New York. The contract was supposed to be valid for five years. However
Words: 1528 - Pages: 7
legitimate contract between a man and a woman who mutually promise to live together in a relationship in law for life, or until the legal termination of their relationship. Once both parties have entered into a marriage contract, the legal status of both parties will have changed giving the husband and wife new rights obligations and benefits. Public policy is intensely in favor of the institution of marriage. Conventionally, marriage has been viewed as vital to the preservation of morals and is believed
Words: 1478 - Pages: 6
TASK One How Laws are made in England and Wales. In England and Wales, laws are made by the parliament whose main work is to make laws, debate topic issues and look at how taxes paid by the citizens are spent to help run the country. The House of Parliament is located in Westminster London and it consists of three parts; The House of Commons otherwise known as MP’s, The House of Lords and The Monarch otherwise known as the Queen. When the parliament makes law, they are called the acts of parliament
Words: 3974 - Pages: 16