Contracts Assignment 1 Facts Bernie a resident of Richmond, Virginia decides to sale his 2006 Ford Fusion for $13,000.00 and places an ad in his local newspaper on February 1st. After several weeks without any inquiries, Vivian contacts Bernie on March 1st stating she will pay him $12,000.00 for the car. Bernie arranges to meet with Vivian on March 5th to complete the deal. Vivian comes to Bernie’s house on March 10th and says she will give Bernie $12,500.00 for the car; but she needs three
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before the contract is awarded. Following up references at selection stage may reveal previous implementation or service delivery problems, and authorities are entitled to reject bidders who do not have the capacity and standing to perform the proposed contract. At the invitation to tender stage, consider asking potential suppliers how they will react when faced with problems such as a shortage of staff or suppliers and what steps will they take to mitigate this to ensure that the contract is delivered
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The Correlations Between Salaries of NBA Players and Their On-court Performance Indicators ZiWEI YONG, 460228934 21, FEB, 2016 Contents Abstract 2 1. Introduction and literature review 3 1. Introduction to Regression Model 3 1.1 Regression Model 3 1.2 Simple Linear Regression Model 3 1.3 Multiple Linear Regression Model 4 1.4 Multicollinearity 4 1.5 Conclusion for Multiple Linear Regression Modelling 5 2. Literature Review 5 2.1 Introduction of NBA 5 2.2 Reasons for High Average
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Chapter One: The Legal Environment 1. Business activities and the legal environment 2. Sources of American law 1) Primary sources of law * Constitutional law (The U.S. Constitution, state constitutions) * Statutory law ( federal statutes, state statutes, ordinances; uniform laws) * Administrative law (administrative agencies: federal, state, local) * Case law 2) Secondary sources of law * Books , articles 3. The common law tradition 1) Stare decisis
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IMPORTANT GUIDELINES FOR PURCHASE OF GOODS BASED ON REVISED GENERAL FINANCIAL RULES. 1. DEFINITION OF GOODS (Refer Rule136 of GFR) The term ‘goods’ includes all articles, material, commodities, livestock, furniture, fixtures, raw material, spares, instruments, machinery, equipment, industrial plant, etc., purchased or otherwise acquired for the use of the Institute but excludes books, publications, periodicals, etc. for a library. 2. Every purchase case
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limited by share 9 Appendix B Duties of Shareholders 9 Appendix C Directors/Secretary/ Companies 9-10 Appendix D Directors Responsibilities 10-11 Appendix E Secretary Responsibilities 11 Appendix F Ten points to contracts 11 Appendix G Standard form contract 12 Appendix H General Principles 13-20 Section 1 Memo to Joe Bloggs Relating to going in to business with the Corcorcan brothers in the manufacture of hurleys and protection
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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
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May 28, 2007 ____ 1. The rights under a contract for personal service normally can be assigned. ____ 2. An intended beneficiary can sue directly to enforce a promisor's promise. ____ 3. A donee beneficiary can never sue to enforce the promise of a promisor. ____ 4. The vesting of contractual rights in a third party will always prevent the original parties to the contract from modifying it. ____ 5. If a contract does not require that performance be rendered directly to a third party, the
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INTRODUCTION TO THE LAW OF CONTRACT DEFINITION A contract may be defined as a legally binding agreement or, in the words of Sir Frederick Pollock: “A promise or set of promises which the law will enforce”. The agreement will create rights and obligations that may be enforced in the courts. The normal method of enforcement is an action for damages for breach of contract, though in some cases the court may order performance by the party in default. CLASSIFICATION Contracts may be divided into
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the lawsuit against the attorney Hamm for breach of the Emmick-Hamm contract to recover $75,000 he would have received under the will. This case is a donee beneficiary contract were Lucas is an intended beneficiary or a donee beneficiary of the Emmick’s will. Emmick was the promisee when he hired Hamm to specifically to draft his will stating that the benefit is conferred to Lucas. Hamm as the promisor failed to confer performance for the benefit of the third-party Robert Lucas, by not properly drafting
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