"Contract" Essays and Research Papers

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Contract

PAPER – CONTRACT 1 Define contract. Explain the essentials of valid contract. A voluntary, deliberate, and legally binding agreement between two or more competent parties. Contracts are usually written but may be spoken or implied, and generally have to do with employment, sale or lease, or tenancy. 1. Essentials of a valid contract All agreements are not contracts. Only that agreements which is enforceable at law is a contract. An agreement which is enforceable at law cannot be contract. Thus...

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contract

contract law agreement: objective test of intention to agree offer must be matched by other's acceptance requirement of certainty of agreement parties have intention to create legal relations enforce promise: consideration promise is contained in a deed promissory estoppel (claimant has relied on defendant's promise) reliance theory: consistent with the harm principle (prevent harm on others) restitution interest...

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Contract

party or some forbearance, detriment, loss or responsibility, given, suffered or undertaken by the other”. In relation to Rent a Tents contract with Susie the terms of the contract are that in return for Rent a Tent providing a marquee for the birthday weekend Susie will pay £2,000. This is a binding contract as the several requirements to make a binding contract are, offer and acceptance, intention to create legal relations and consideration. ‘. However Rent a Tent then approached Susie and...

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Contract

distinguished from offers because they contain no demonstration of present intent to form contractual relations. No contract is formed when prospective purchasers respond to such terms, as they are merely invitations or requests for an offer. Unless this interpretation is employed, any person in a position similar to a seller who advertises goods in any medium would be liable for numerous contracts when there is usually a limited quantity of merchandise for sale. An advertisement, price quotation, or catalogue...

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Contract

there are requirements to form a valid contract other than offer and acceptance, that are, intention to create legal relation and consideration. What is consideration? It can be describe as being something which represent either some benefit to the person making a promise or some detriment to the person to whom the promise is made. The term consideration is given to the subject that is exchanged in a contract.1 It is a fundamental prerequisite in English contract law. 2 The courts has explained the...

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Contracts

Partner From: Noelle Milburn Date: August 2, 2010 Re: Angela Woodside vs. Doyle Construction 1. Has Doyle Contractors breached its contract with Angela Woodside? Explain your answer fully. 2. Does Ms. Woodside have to wait until after April 1, 2008 to sue Doyle Contractors for breach of contract? Explain your answer fully. 3. Assuming a breach of contract has or will occur, what remedies does Ms Woodside have after the breach? 4. What defenses might Doyle Contractors raise in the event...

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The Psychological Contract

The Psychological Contract Shein (1980) explained the concept of the psychological contract as a set of mutual expectations held between the employee and employer within the workplace. It is an unwritten set of expectations operating at all times. It can also be described as individual beliefs shaped by the organisation that relates to the expectation the employee has in terms of pay, fair treatment, opportunities etc and the expectations that the employer has in terms of performance, loyalty,...

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Contract Disputes

Contract Disputes Vanessa Bray Lee Strayer University BUS501-044 December 9, 2011 Dr. William Hadyn Roberts “CONTRACT DISPUTES REACH 15-YEAR HIGH”, was the heading of an article published, December 1, 2010 in the Government Executive. The heading in itself tells us that the government is doing more and more business by contract and as a result contractors who are lobbying for government business have become more aware of their rights to file disputes when it involves a loss of potential...

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Discharge of Contract

(6)Discharge by Agreement or Consent The contract rests on the agreement of the parties. The parties may get discharged from the obligations of performance of contract by agreement or mutual consent. By Agreement or Consent • By novation • By “accord and satisfaction” • By remission and waiver The discharge by consent may be express or implied. Discharge by consent:- (a)Novation: When a new contract is substituted for an existing one, either between the same parties or between the one of...

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Formation of Contract

Formation of contract, requirements of writing and personal bar (formative written exercise) The main point of this scenario is whether Alana, the previous inhabitant of the home, and Edwina, the current inhabitant, had formed a contract whereby the right of ownership had been passed over to Edwina. After two days of Edwina living in the house she received a letter from Alana telling her they had not formed a contract and that she would have to leave the premises. Over the course of this essay...

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