It is trite law that an insurer under a contract of indemnity insurance‚ who has satisfied the claim of the insured‚ is entitled to be placed in the insured’s position in respect of all rights and remedies against other parties which were vested in the insured in relation to the subject-matter of the insurance1. Where the insured has proceeded against the third party after the insurer had paid out the claim and without the insurer’s authority as happened in Visser v Incorporated General Insurances
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contract but do not appear to be a relevant issue here. While it is possible for offers to be "made to the world”1‚ K ’s advertisement is an "invitation to treat"2. It cannot be construed as an offer as it shows no intention on K ’s part to be bound to its terms‚ in contrast to the wording of the advertisement in Carlill v Carbolic Smoke Ba// Co3. Thus A ’s letter to K dated 21 April is the first possibility of an offer. However the terms of this letter are too vague to be construed as an offer
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Week 4 Discussion Questions • What are main elements in calculating the cost of capital? How does an increase in debt affect it? How do you identify an organization’s optimal cost of capital? • The main elements in calculating the cost of capital are cost of debt‚ cost of equity‚ preferred stock and common stock. • An increase in debt indicates a higher risk which can increase the required rate of return which raises the cost of capital. Higher debt can also accrue additional costs. • By mixing
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Topic 3: Breach in contract 1) Breach of contract: Spanish Contract Law provides a broad notion of breach of contract for any behavior that departs from the specified behavior in the contract in any way (time‚ quality‚ substance‚ etc.) or is not specially justified on legal grounds (actions forbidden by the government are not breaches since they are justified on a legal ground). The general benchmark to determine breach is the contract agreed by the parties themselves‚ and not external notions
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LAW 203 – LAW OF CONRACT 1 ASSIGNMENT 2 STUDENT ID: S120343 LECTURER/TUTOR: MR HUMPHREY MARAU NUMBER OF WORDS: 2284 Contract law is a body of law that governs oral and written agreements associated with exchange of goods and services‚ money‚ and properties. Not only does contract law set out the rules and guidelines of how to form a contract but also teaches us how the parties to a contract are to fulfil it and what may happen when the terms of a contract are not fulfilled. The background
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IS You’re right! 2. Howard and Vincent‚ who ____________ a copy center in town‚ have decided to expand their business. RUNS RUN You’re right! 3. Both of the statues on the shelf ____________ broken. ARE IS You’re right! 4. The fishing boat that has been tied up at the pier for three days ____________ finally on its way this morning. Remember that a subject and its verb are not always together. WAS WERE The correct response is "WAS". 5. The chairman‚ along
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It has been brought to my attention that due to the recent downsizing of the company‚ People.com‚ and the subsequent layoffs‚ there are some questions regarding employee reviews and how they are interpreted. I have reevaluated the review process and I feel that the supervisors are not accurately measuring the employees’ performances and need to be trained on the proper ways to complete the company reviews. There are many problems that can arise when a supervisor completes a performance review.
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LDR 531 Week 3 Assignment Part 3 of 4 With your team members‚ develop a training plan to increase the effectiveness of groups and teams through a discussion of the challenges and benefits of group and team communication‚ collaboration‚ and conflict management. This is not to be submitted. After developing the plan‚ individually‚ in a 1‚050 word‚ APA formatted and referenced paper consider ways to apply the training program your team developed to the organization you researched in Week One
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Give an example of a situation where there was a large amount of unclear information / data. How did you prioritise and use this information? What did you achieve? (300 words max) Dissertation? Give an example of when you have worked within a successful team. Why was the team successful? What was your contribution to the team achieving its goal? (300 words max) While working in my job as IKEA customer services co-worker I have taken part in various team meetings in order to improve how things
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3. Contract Law “Is My Agreement an Enforceable Contract?” The Law of Contract involves answering 4 questions: (1) Is my agreement an enforceable contract? Are all of the elements of a contract present. (2) If so‚ what does it require me (and the other party) to do? - What “promises” have become terms of the contract. (3) Can I get out of it (without paying some form of penalty)? - Was the formation of the contract defective in some way (ie were there any ‘vitiating elements’ present)
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