and legitimacy of the transaction. A contract is a legally enforceable agreement between individuals or parties that promises a good or service in exchange for something else (Shefrin, 2006). Generally, contractual agreements need certain elements to make them legitimate. The first set of elements include; mutual assent, an offer, and acceptance of the offer (Shefrin, 2006). Also, both parties must have the capacity to understand the terms, conditions, consequences, and legal purpose of the agreement
Words: 611 - Pages: 3
during the Vietnam War and promoted the Young Lords Party group. The newspaper spoke to the poverty stricken Puerto Rican community saying their opinions and events that occurred in their lives. Young Lords Party was modeled after the Black Panther Party. The Black Panther Party was a group during the Vietnam War, which was against sending African Americans to fight in the war. Young Lords Party was for the people of Puerto Rico. Party members of the Young Lords were children between the
Words: 612 - Pages: 3
and subject to the conditions of this Agreement; WHEREAS, Buyer and Seller (collectively, the “Parties”) desire to enter into this Agreement for the purpose of setting forth their mutual understandings and agreements with respect to the foregoing; NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, hereby agree as follows: ARTICLE 1 DEFINITIONS For purposes
Words: 1598 - Pages: 7
Equity has brought benefits to many litigants who would otherwise have been severely disadvantaged by the common law. Discuss, with reference to decided cases. William the Conqueror found England with no single system of law common to the whole country. The law was mainly sets of customary rules which differed from area to area. For example, in one area you could get away with stealing, in another it would be seen as crime. There was no such thing as ‘ The English Legal System” until William’s
Words: 990 - Pages: 4
real property. Estates can be classified under several general headings: 1. Estate to use: ownership obtained by deed, will or possession. Ownership was often held for a future buyer and was often used to avoid a dower right. 2. Fee Simple: highest estate or absolute right in real property – essentially absolute ownership. Can be created where it terminates under certain conditions. For example: Fee Tail – a historical fee that restricts the inheritability of land to a limited class of heirs
Words: 5122 - Pages: 21
disappointments, and internal disagreements, throughout its history, the right to vote given, then taken away, many times before it became enshrined in the United States Constitution. Through ratification by 36 states of the Nineteenth Amendment in 1920, women finally had the same rights as men, the right to be considered citizens and vote, the right to be considered equal to men. This struggle for equality and voting rights we discuss in this paper. Women’s Suffrage Movement Women’s Suffrage in
Words: 1873 - Pages: 8
a link of the explosion of the computers to the imperfections of the defendant’s microchips that were below the expected standards. Sterling, Inc. compensated the buyers of the computers that exploded as damages. According to Kelly (2008), a third party cannot enforce a contract even when made for their benefit. In this case, the computer users cannot sue NoBugs for below par micro-chips. It is with this knowledge that only Sterling, Inc. was involved in their compensation. However, due to their contractual
Words: 1042 - Pages: 5
your problem. Thank you and good luck with your assignment. Complete: One party completely refuses to deliver on any part of the agreed upon undertaking with another party. Substantial: A party who fulfills most of what is agreed upon in a contract with another party, however, the party omits, refuses, or fails to fulfill the remaining conditions of the contract. A Substantial breach will bind the aggrieved party to the conditions of the contract only for the conditions already fulfilled.
Words: 827 - Pages: 4
it their right to use press for their covert purposes. AKRAM SAQIB Freedom of press is the most wanted freedom but it is being abused everywhere in the world. The powerful states deem it their right to use press for their covert purposes. World Press Freedom Day, Other Side of the Coin On 3rd of May every year, soon after the termination of the Labour Day activities world press freedom day is observed. Freedom of press is a perpetual issue. There is always divided opinion over rights and duties
Words: 2519 - Pages: 11
how the rumors that cause the interruption of the production in the workplace. Managers are not trained to handle these types of conflicts; managers have a hard time dealing with issues that are interpersonal. Organizations should have third party counseling and mediators to handle conflict issues. This keeps managers from getting involved, being accused of playing favorites and keeps the manager on the tasks at hand which is production, quality and the safety of the employees. When there
Words: 2195 - Pages: 9