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CONTRACT...? CONTRACT LAW Institute The issue in respect of this question requires an analysis on mistake and the effect of such mistake. The law on mistake would be discussed and related to the facts and a conclusion drawn accordingly. The first and foremost type of mistake is that of common mistake whereby a common mistake is existent amongst both parties or in other words the parties enter into a contract on a fundamental mistake. In respect of such mistake the courts may set aside the contract. (Bell v. Lever Brothers Ltd.)1. The proposition that stands is the fact that mistake must be fundamental so as to allow the party to set aside the contract and these would be evaluated on...
10 Pages(2500 words)Essay
Federal Contract, Actives and Contract Types...?RUNNING HEAD: Federal Contract, Actives and Contract Types 10th May Overview and background ofDell incorporation Dell incorporation is a computer technology company in America which has its base in 1 Dell Way. The company is the third largest multinational corporation, after HP and Lenovo, with a total of 103,300 employees around the world. Its main growth strategy has been through the increase of its client base, mergers and acquiring other firms. Dell was founded in the year 1984 by Michael Dell who was then a university student at the Texas University, at the age of 19 years. Dell was selling PCs as a fresh man from his room in the university. At that time, the company was doing business in the name...
5 Pages(1250 words)Research Paper
Contract...?S/No. Question Answer Article from text to support Answer What is the and time of bid opening On the 12th Day of December On the :Date: 12/8/2012 2. What is the penal sum of the required performance bond? 100% of the total contract Article 6 Sub-article 4 3. Will there be a pre-bid conference? Yes, 2 weeks after the bid documents are made available Article 1 Sub-article 1.2 4. What is the number of days that bids must be held open for acceptance? 30 days from day of announcement Article 1 Sub-article 1.2 5. How many and what are the milestone completion dates? There are six milestones: Materials (90 days) Construction work (2.5 years) Construction/ handicraft work (21/2years) Installation work (23/4 years)...
3 Pages(750 words)Assignment
Contract management and contract law...?Contract management and contract law Executive Summary Law is an essential part of any business. A business without proper legal framework seems to be null and void. A legally acceptable business is the one which is conducted keeping in mind the prevalent law of the country to which the business belongs. Law should be enforced in a business as it deals with lot of risk factors. Also business involves a lot of stakeholders related to the operations of the business namely the manufacturer, dealer, customer, shareholder and the employees. These stakeholders should get the perception that they are attached to a lawful business which offers them a sense of security. Thus in the following parts of the report,...
13 Pages(3250 words)Essay
Contract...The Tech Revolution (TTR) Case Analysis Under the law of contracts, a contract is deemed to be valid and binding when it contains the following elements: offer, acceptance, consideration and the intention to create a legal relationship (Helewitz 19). However, with advertisements it is usually held that they do not comprise of offers, but statements that invite the public and are open to further negotiations. In order to advise the Tech Revolution (TTR) effectively, it is essential to answer the question: what are the requirements for a contract to be valid and binding? Generally, advertisements are considered to be invitations for deals rather than contracts (Miller and...
5 Pages(1250 words)Essay
Contract...to be settled after all the Products have been received.
3. The Seller has agreed to supply the Buyer with all the 10,000 Products of the shipment before the summer begins, that is prior to June 1 without fail.
4. The Seller has agreed to deliver the Products to the Buyer’s hardware store at 456 First Street, Secondville, Michigan and that the Buyer is willing to pay for the extra delivery cost that will be incurred by the Seller.
5. The Seller and the Buyer have agreed for a negotiation of any dispute that may arise under this contract and that only Michigan Law will be applied to such disputes when they arise.
6. And that both the Buyer and the Seller have agreed to settle any disagreement arising from this...
2 Pages(500 words)Research Paper
Contract Law Problem Question - Breach of Contract...Contract law Problem Question - Breach of Contract
Peter wishes to demand specific performance of the contract between him and David regarding the house as he intends to live, at the very least, the stipulated 10 years of the contract. In doing so, Peter needs to affirm the contract exercising his right of election as a result of the breach of contract, in order to successfully argue the remedy of specific performance.
The Breach of Contract
Peter needs to show that David is in breach of contract since he has performed his obligations defectively. David has used the subject matter of the agreement, the...
8 Pages(2000 words)Essay
Contract...Contract Faculty The areas of law in which the problem falls There are three different scenario presented in the case with three different forms of damages to the company AAA with three different companies LLL, CCC and PPP specifically focusing on misinterpretation and common understanding in first case, written contract and satisfactory quality and fitness for purpose of goods and services in second case and of law.
2) The relevant issues involve within the problem
The first scenario has three main issues applicable; misrepresentation, Negligence misrepresentation and SGSA satisfactory quality and fitness for purpose (s4) in the hiring of limousine from AAA.
The second case has three areas of laws in...
8 Pages(2000 words)Essay
Contract...Contract This contract is established between Mr. Black, here after referred to as the client, and Royal Cleaners, here after referred to as service provider. The cleaning contract will begin on July 1, 2013 up to June 31, 2014.
Duration and time of service
The contract shall be annual with an option for renewal upon a written agreement between the parties. Services shall be offered on a weekly basis, on Sunday afternoons.
Terms of the contract
The client shall undertake the following obligations during the contractual period.
Pay for the rendered services as per the terms of this contract.
Ensure availability of the facility for...
2 Pages(500 words)Essay
CISG Contract , Goodscan Contract Fact Pattern...CISG Contract, Goodscan Contract Fact Pattern. PART 1. Offer and Acceptance An offer is mainly a suggestion initiated by one party to another regarding their willingness to do business based on given terms without further negotiation. The offer is made with core intentions in that, it will be binding once the addressee agrees to the set terms. Acceptance on the other hand refers to the indication by the offeree that he or she has accepted the set terms. According to Ramberg (4), an offer is considered effective after reaching the offeree. This is in accordance with Article 15, which also says that the offer can be withdrawn given that the withdrawal reaches the offeree even when it is irrevocable...
6 Pages(1500 words)Assignment