CHECK THESE SAMPLES OF Commercial Contract Law
contract law Module Title: Module Number: Academic Year: Seminar Tutor: Essay Question: It took a long time, but there is now a good standard of protection against unfair standard contract terms imposed by one party on the other: Critical discussion of the issue with reference to Common Laws and Case Law examples.... contract law encompasses issues as whether a validly executed contract is in place, what it entails, whether the actions of a party amounts to contract violation, and the level of compensation that a victim of contract violation is entitled to....
7 Pages
(1750 words)
Essay
This is a law essay that seeks to analyze and advise parties involved in “CIF Liverpool contract”.... This law essay outlines peculiar features of CIF contracts.... If the purchaser declines to pay (as indicated in this case) against the papers without any legal justification, the buyer shall be legally responsible to compensate the seller for damage that may outcome, as enacted in Article 150 within the Commercial Transactions law (Meiselles 2013)....
6 Pages
(1500 words)
Essay
nbsp; Formalities required by law have been reduced and currently, only a few formalities get required.... The law further provides for cases when a contract must be put in writing.... According to this factor, only parties to the contract can enforce the terms of the agreement.... However, contracting in this way can be disadvantageous as parties can misinterpret, misunderstand or misremember the terms of the contract (Howells & Schulze 2009, pp....
10 Pages
(2500 words)
Case Study
John Nile How Mary will be paid; whether on the basis of the number of hours the boat is used or per the number of passengers handled by Nile
…
Arrangements with regard to the crew; has it been discussed Has Mary or her son Bill Johnson on her behalf undertaken to hire the crew Whether such an obligation to hire the crew on behalf of Nile be included as a term of the contract between Nile and Mary
Who is responsible for the payment of the crew of the Boat Is it included in the charges negotiated with Mary Who will decide on the correctness of the amount payable to the crew Will Nile's concurrence be obtained for the charges payable to crew (This is important as this will affect the net earnings from the whole venture)
Whether the boat will be made seaworthy by completing the defouling and painting the hull before the cruises start Who will pay for the charges for such defouling and painting Has it been agreed that "the boat will be made seaworthy by the owner before the cruises start" will form part of the contract
Has the boat been insured If so what are the obligations of the insurer Till what date the insurance is valid Does the insurance cover the third party claims in case of accidents If currently there is no insurance, who will pay for the insurance coverage
Has Mary a right to rescind the contract If so what are the terms (Notice period requirements, compensation for premature terminations are to be decided, as the tickets for such cruises will be sold in advance by Mr....
8 Pages
(2000 words)
Case Study
The principles of certainty and finality of contract were held to be subordinate to the greater importance of achieving an accurate assessment of damages based on actual losses incurred....
The major grounds on which Lord Bingham and Lord Walker offered dissenting opinions in this case was that of (a) certainty of contract and (b) the date of calculation of damages on the date of repudiation4.... The original contract called for a charter period of seven years, hence when the parties entered into the contract, there was an implication of certainty in the contract which made breaking the contract a losing proposition for either party....
4 Pages
(1000 words)
Essay
The paper "Commercial law" presents that the relationship between parties in commercial contacts is governed by commercial laws of contracts.... In a contract, there should be mutual obligations between the parties coming into an agreement.... The act deals with implied terms and presumptions which reflect commercial expectations in the formed contract.... It is only until the offeree communicates acceptance to the offeror that the contract can become valid....
6 Pages
(1500 words)
Essay
The author of this essay "Orthodox law Principles" comments on the idea of the principles of orthodox contract laws.... It is mentioned here that there is the acknowledged lack of an accepted definition of the term 'sham employment' or 'sham employment'.... nbsp;… As such, sham self-employment arrangements are done to disguise an individual as self-employed while they are not....
8 Pages
(2000 words)
Essay
A contract refers to a legal relationship that subsists between two or more parties with a lawful object voluntarily entered by the parties having legal obligations between them.... There should be a proof of achievement of all elements of a contract in writing, orally or by… Under the modern commercial contracts, negotiations have been regarded as inevitable due to a complexity of contract relationships.... In the milieu of lengthy negotiations between the contracting parties, it becomes difficult to establish whether the contract has been formed and the time when it becomes effective or the conditions under which it was formed....
9 Pages
(2250 words)
Essay