Explain the common remedies that a party to a contract may claim under the law of contract. Various remedies exist in contract law. These include: Damages Damages in contract law are a legal remedy available for breach of contract. Damages are an award of money to compensate the innocent party. The primary purpose of damages in contract law is to place the injured party in the position they would have been in had the contract been performed. Parties to a contract may legitimately agree the
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Types of Remedies: Compensatory - A money award equivalent to the actual value of injuries or damages sustained by the aggrieved party. When a contract has been breached‚ the court orders the party that breached to pay the amount of direct losses done to innocent party. Consequential - Special damges that compensate for a loss that is not direct or immediate (for example‚ lost profits0. The special damages must have been reasonably foreseeable at the time the breach or injury occurred
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17. In a location decision‚ the availability of raw materials for the following companies is most important for a a. CPA. b. manufacturer. c. management consultant. d. venture capitalist. REF: p. 267 24. Zoning ordinances a. may limit what type of business can be located on the property. b. will prevent commercial signs. c. typically will allow parking of customers but not employees. d. All of the above statements are true about zoning ordinances. REF: p. 273 26. Businesses that
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level of expectation for what the assignments should look like in order to be considered “A” level work. Please notice that all of these examples contain outside sources that are properly cited. The Movie Essay contains a separate title and reference page. Papers and assignments are not just graded on length‚ but quality of content‚ the use of multiple sources and the strength and quality of the argument or position. Examples of “A” quality submission for an Article Response pasted into the
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Articles 91‚ 92‚ 98‚ 134 Punishment under Article 91 states that a violation is made if an enlisted member strikes or assaults a Warrant Officer‚ a Non-Commissioned Officer and/or Petty Officer while the officer is in execution of his or her office. The Article also states that there will be additional consequences for disobedience of a lawful order‚ verbal contempt‚ or disorderly language to an officer while they are in execution of office. The Article as it stands leaves
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powers under the Articles of Confederation. Three problems that existest were no national currency‚ unicameral legislature‚ and cogress had no ability to tax. The tension between decentralized and centralized power are argued to still exist through environmental policy‚ gun control‚ and disability access. These tensions are illustrated in deforestation‚ no "national police" to control firearm distribution‚ and the Americans with DIsabilities Act. One major problem of decentralized powers under the
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BREACH AT X • What are the people‚ work processes and technology failure points that require attention? • What practices led to the security breach in TJX and why did such a smart andprofitable organization as TJX face such a situation? • Was TJX a victim of ingenious cyber crooks or did it create risk by cutting corners? Background a. Describe the company/department History 1. TJX was the largest apparel and home fashion retailer in United States
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CONTRACTS ASSIGNMENT UNCONSCIONABLE BARGAINS SUBMITTED BY: KARAN SHANKAR IV Semester‚ SVKM’s Pravin Gandhi College Of Law‚ Mumbai 01 Index of authorities 03 02 Introduction 05 03 Research Methodology 07 04 Chapters 08 05 Chapters (cont) 15 06 Conclusion 17 07
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void contract under Nepalese contract act by illustrating the cases. According to Nepalese Contract act 2056‚” A contract is an agreement between two or more persons to do or not to do something‚ which can be enforceable by law.” The supreme court of Nepal has defined the contract as “an agreement of two or more parties with conditions.” The word void means not binding in law. A contract which cannot be forced by both of the contracting parties is called a void contract. If a contract which
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What is the psychological contract? Examine to what extent it is applicable in the 21st century What is the psychological contract? Nowadays‚ job-hopping has been a prevalent phenomenon. People change their jobs frequently for they are not satisfied with the present situation. This action of employees‚ however‚ brings tremendous stress and trouble to many enterprises. Therefore‚ the psychological contract is becoming increasingly important that more and more people
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