Meaning and Characteristics of Contract - Coursework Example

characteristics of personal networks are important to both individuals and organizational success.... Being scarce of time may diminish the amount of time that employees interact with their coworkers and this can be reflected in their network characteristics.... For instance, greater individual success of employees in gaining promotions has been attributed to their more effective use of networks. Since formal personal networks are public, officially recognized within the organization and with identifiable memberships and explicit structure, they will be more accessible for change policies to advance careers....

Zak has now told Alex that he will not be bound by either contract which Alex made.... Zak is refusing to be bound by this contract as he has subsequently discovered that the display cabinet is an antique worth about £3,000.... Alex had owned and run the gym for twelve years before the sale....

This article will utilize the theory of psychological contract and the attribution theory to evaluate why the employees are experiencing different changes.... A psychological contract could be defined as a set of promises and beliefs held by an individual employee about the terms of the exchange between the employee and his or her organization, or the agent of the organization (Wellin, 28).... The psychological contract can be a complex concept since it is an unwritten rule that cannot be directly expressed in a tangible way....

This approach is seen in the drafting of the contract.... Where the traditional approach to a contract showed the adversarial relationship between the client and the contractor, the NEC approach to contracts promotes a collaborating approach that has a consistent record of submitting projects in the given time, and on budget (Bennett and Baird, p30).... Firstly, it promotes good management and shows the relationship and the work between the two parties in the contract....

The contract is formed by five elements which are offer and acceptance, intention, certainty, capacity and consideration.... These are the requirements needed to… Exceptions may however, always be present as contract is known as an agreement, not a piece of paper. The offer and acceptance is the element which initiates the contract.... It says that there must A contract is usually considered binding once the acceptance is made to the offer and communicated to the offeror....

It is a type of contract and if infringed by Warranties Affiliation: Explain the role and operational characteristics of warranty of titlesA warranty acts as a legal assurance from the seller to the buyer about the product brought.... It is a type of contract and if infringed by the seller can lead to legal action by the buyer.... Explain the role and operational characteristics of express warrantyExpress warranty is a formal or informal promise made by the seller towards the buyer during a bargain and made to persuade the buyer to purchase the product....

ctual undue influence refers to a situation whereby one of the parties to the contract enters into a transaction owing to the inappropriate exercise of influence by the other party.... To institute the existence and exercise of actual undue influence the party desiring to set aside the contract must establish that:While presumed undue influence, on the other hand, refers to incidences where one of the parties to a contract was influenced into entering into a contract by the other party and where there is a relationship of trust and confidence between both the parties to the contract....

hellip; The main limitation for George is the fact that he will have to prove that the perpetrator has 'pursued a course of conduct,' meaning the sexual advances by his boss have occurred in the past.... The paper "Discrimination and Conflict in Law" describes that the case of Nick can qualify as harassment, based on his extremely high weight....