Business Law: Unit 6 Assignment 1 Specific Performance In the realm of contract law there are many ways of addressing breach of contract. The purpose of this paper is to analyze four separate scenarios and decide if the remedy of specific performance would be applicable to any of them. Specific performance is‚ “An extraordinary equitable remedy that compels a party to execute a contract according to the precise terms agreed upon or to execute it substantially so that‚ under the circumstances
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Eucalypus Oil Remedies. Eucalyptus opens the lungs and encourages breathing‚ clears clogged nasal passages and bronchial congestionmaking eucalyptus one of the best known cold remedies.Eucalyptol‚ one of its main constituents‚ is found in many over-the-counter cough drops. Eucalyptus oil is also a good pain reliever for sore muscles and arthritis pain. Remedies The eucalyptus oil is a multipurpose essential oil‚ that can be used as a home remedy for treating congestion and colds. Add 5-10 drops
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CONTRACT – REMEDIES (Pg 183) Damages |Damages is the principal common law remedy for a breach of contract. It refers to the monetary compensation payable by the defaulting party. | |Assessment |Aim of unliquidated damages | | |The general principle of assessment is that the injured party is to be placed in the same financial position he
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CONTRACT LAW- EXAM NOTES What is a contract? An oral or written agreement between two or more parties which is enforceable by law. This agreement ‘will be legally binding if certain criteria are met – briefly‚ they require that there be an agreement (comprising an offer and acceptance)‚ consideration‚ intention to create legal relations‚ compliance with any formalities required by law and that the parties have the legal capacity to contract’1 What is the purpose of contract law
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What purpose do contractual remedies seek to achieve? Do the different types of remedies provide the courts with sufficient flexibility to achieve that purpose? The general rule is that an agent is either liable under‚ or entitled to enforce‚ a contract he makes on behalf of his principal. An exception to the general rule is that an agent may enter into a contract on his own behalf as well as on behalf of the principal; and so be liable or entitled under the contract. Discuss this statement in
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Equitable remedies seek to prevent or redress harm caused by the breach of equitable and legal principles. Unlike the common law remedy of damages‚ they are not punitive in either nature or intent. Equitable remedies refer to specific types of remedies available in court cases that can only be granted by a judge. A judge will grant‚ or not grant‚ a given equitable remedy based on the circumstances of a particular case. As such‚ equitable remedies are different from legal remedies or remedies granted
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Classification of Contracts (7 – 1.30) Simple and formal contracts A formal contract is a written contract (such as a deed). A simple contract can be entirely orally or a combination of oral and written. Bilateral Contract: exchange of promise – one promise for another (a promisee’s promise in return for the promisor’s promise or vice versa) o Union Dominions Trust (Commercial) Ltd v Eagle Aircraft Services Ltd [1968] 1 All ER 104 at 108‚ Lord Diplock Unilateral Contract: A one way
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Running Head: THE BREACH OF TRUST AND PROVIDING GOOD CARE THE BREACH OF TRUST AND PROVIDING GOOD CARE JOLY S. PHILIP Grand Canyon University: NRS-437v Instructor: Amy Salgado 07/27/2012 Introduction The concept of confidentiality in nursing is founded on the philosophy and principles laid out by the Hippocratic Oath and Nightingale Pledge. The ethical need for confidentiality emerges from the need for establishing a trustful relationship between the patient and the nurse. The patient
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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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marketing mix in different contexts * Plan marketing mixes for two different segments in the consumer markets To enable an explanation of the use of marketing mixes for two segments in the consumer market‚ it is intended to use a food product which is entering a competitive UK market. In this case‚ it is intended to concentrate on two diverse products: 1. Low salt and fat cheddar (blocks) 2. Handy sealed multi packs each containing 5 long thin strips of cheddar The benefits and drawbacks
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