0977 666160 CONTACT ADDRESS: PLOT 3601/4‚ MAPEPE ROAD‚ OLYMPIA PARK‚ LUSAKA TASKS: (i) Purpose of contractual remedies and whether they serve their intended objective (ii) Relationship between agency and principal (ii) Misrepresentation in the sale of a car purported to have traveled 63‚000Km and yet it has done 163‚000Km 1.0 INTRODUCTION This essay is divided into three Parts. Part A discusses contractual remedies and their purpose and proceeds to assess their effectiveness
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amount‚ the Blues filed a suit in federal district court against tobacco companies and others‚ alleging fraudulent misrepresentation‚ and negligence among other things. The Blues claimed that beginning in 1953‚ the defendants conspired to addict millions of Americans‚ including members of Blue Cross Plans‚ to cigarettes and other tobacco products. The conspiracy involved misrepresentation about the safety of nicotine and its addictive properties‚ marketing efforts targeting children‚ and agreements
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demographic groups‚ however‚ they all share a connection in regards to their feelings towards their treatment by the country’s political system. The fact that congressional elections encounter some of the lowest voter turnout rates speaks to the misrepresentation and corruption present in the current political system‚ fueling the cycle of repetitive non-voter interest in political elections. Certain voter demographic groups have been systematically oppressed‚ making it difficult for them to believe that
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opening demand that is far greater than you hope to settle? (traditional competitive bargaining) …to threaten to go on strike/walk when you don’t plan to do so? (bluffing) …distort information? (misrepresentation) …convey impression that you have no authority to make decisions when you actually do? (misrepresentation) …only disclose information that supports your side? (selective disclosure) …to lie? 10 (falsification) Is it legal? No general duty of “good faith” in negotiation “In a business transaction
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contract on the basis of: o Misrepresentation by the estate agent representing the vendors. o Discovery of potential medium-density development of neighbouring property. • First defendant also seeking claim against former solicitor alleging a failure to advise on zoning matters • First defendant ISSUES • Whether the vendor actually authorised the selling agent to make false representation. • Whether misrepresentation caused the first defendant to enter
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legitimate research because of concern over from backlash from the organizations’ investment bankers. Additionally‚ the internal pressure from the investment sections to accomplish this misrepresentation was met the reward of bonuses and stock options for the research analysts. The end game in this misrepresentation was to ensure Citigroup‚ Inc. would have a better bottom line. Numerous examples illustrate the organizations viewpoint of increased profits were more important than a commitment to fair
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For a contract to be legally binding all of the following elements must be present. If one or more is absent the contract will be considered invalid or void. The first element of the contract is Offer and Acceptance. For a contract to be considered valid one party (the offer) must make an offer to another party (the offeree). Before an offer is accepted it must be communicated to the offeree. A offer is immediately made into a contract when the offeree accepts the offeror’s tender. An offer can be
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28/11/2013 Contents Elements of a Contract There are different elements of a contract that you must take into account when entering one. The following will give an understanding of these and explain their importance. Capacity There are four essential elements that affect contract law. The first of these is capacity. This element states that parties in agreement with a contract must have the legal capacity to enter into that contract. There are factors that affect the capacity
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with someone of diminished capacity or for illegal purposes‚ a contract can be unenforceable. Some other examples of potential defenses to enforcement of a contract are mutual or unilateral mistake‚ duress or undue influence‚ unconscionability‚ misrepresentation or fraud‚ impossibility or impracticability‚ and frustration of purpose. Mutual or Unilateral Mistake There are two types of mistakes in contract law: mutual mistake and unilateral mistake. When there is mutual mistake‚ both parties have made
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AB1301 Business Law 2012/13 Semester 1 TABLE OF CONTENTS CHAPTER 3: OFFER AND ACCEPTANCE ........................................................................................... 1 3.1 Offer ........................................................................................................................................... 2 3.2 Acceptance ................................................................................................................................ 3 3.1 Electronic
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