310-1103A-05 Unit 3 IP August 4‚ 2011 Abstract This assignment will give a brief insight into the four elements of a valid contract as well as the objective theory of contracts. It will also explain how the objective theory of a contract applies to this case. I will try to explain why the court held that there was not a valid agreement between the company and the Seattle man. The four elements of a valid contract Contracts are used in today’s world as a major part of interaction between individuals
Premium Contract
There are four elements to a valid contract. 1. At least two separate parties entering into an agreement: The agreement can be between two people‚ or one person and a company or between two companies. 2. The parties are qualified to agree to the terms and conditions in the contract: The parties must be of legal age and have an understanding of what the contract is and details it outlines. 3. Both parties are receiving consideration or value from the agreement: This is most commonly
Premium Contract
discusses the meaning of “burden of proof” and “standard of proof” and will also explain the direction of the Judge given to the jurors in the given set of facts. 1. BURDEN OF PROOF It is derived from the Latin expression onus probandi. The burden of proof or onus of proof refers to the obligation on a party to satisfy the court to a specified standard of proof that certain facts are true. The facts for this particular purpose are facts in issue.1 Burden of proof is closely associated with the Latin
Premium Criminal law Legal burden of proof
Four Elements of the Correction System Over the years the correction system has become a massive web of processing‚ treating and caring for more than 7 million people. Though not all of the 7 million people are housed in a jail or a prison‚ many are on probation or parole. And even though some of these are on probation and parole they are still considered part of the correction system. The four elements of the corrections system is probation‚ parole‚ jail‚ and prison. These four elements are in
Premium Prison Criminal justice Penology
element In generally used computers one can find that there are four basic computer elements following are the elements. (1) ALU (Arithmetic Logic Unit): The ALU is the digital circuit that is able to perform different types of functions‚ such as Addition‚ Subtraction‚ and Multiplication etc. (2) Control Unit: The control unit is the part of CPU (central processing unit) or other devices that performs the duty to direct its operations‚ the control unit is just like a finite state machine
Premium Central processing unit Input/output Computer
Four Elements of Transformational Leadership by Matthew Schieltz‚ Demand Media Organizations emphasize the concept of leadership in training managers or group leaders to propel a team or the organization forward. Within leadership‚ the effectiveness of the transformational versus transactional leader is often debated. Transactional leadership relies more on a "give and take" understanding‚ whereby subordinates have a sense of duty to the leader in exchange for some reward. Transformational leadership
Premium Leadership
Hyun Lee Eastman Kodak v. Image Technical Services -- Plaintiff This is yet another case that concerns the standard for summary judgment in an antitrust controversy. The principal issue here is whether a defendant’s lack of market power in the primary equipment market precludes — as a matter of law — the possibility of market power in derivative aftermarkets. Eastman Kodak Company manufactures and sells photocopiers and micrographic equipment. Kodak also sells service and replacement parts
Premium Photographic film Photography
Throughout the existence of man on earth‚ the four elements of earth‚ air‚ fire and water have been vital to man’s existence and have been the driving force in sustaining the life and insuring the survival of humanity. These four elements are four basic building blocks that allow man to not only function and live‚ but to further himself and develop into the dominant race on the planet. These four elements are four basic natural commodities that ensure the survival of the human race but when they
Premium Classical element Chemical element Life
Duress is an element of force either physical or economic‚ which is used to override on parties freedom to choose to enter into a contract. Under such circumstances the contract is voidable at the instance of the innocent party. Its application used to be restricted to contracts entered into as a consequence of a threat. Originally it was held that the threats to person’s goods could not amount to duress‚ but a doctrine of economic duress has now been developed by the courts. The effect of the
Premium Plaintiff Money Contract
SCHEDULE “A” 1. The Plaintiffs claim from the Defendants: (a) payment of the sum of $25‚000.00; (b) pre-judgment and post-judgment interest on the sum of $25‚000.00 calculated pursuant to the Courts of Justice Act‚ R.S.O. 1990‚ c.C43‚ as amended; (c) costs of this action on a substantial indemnity basis; and (d) such further and other relief as this Honourable Court deems just. 2. The Plaintiff‚ Nayan Patel (“Nayan”) is an individual now residing in Barrie‚ Ontario. Nayan
Premium Generally Accepted Accounting Principles Balance sheet Depreciation