invalid (Lau‚ 2011). The six elements of contract formation are offer‚ acceptance‚ consideration‚ mutuality of obligation‚ competency and capacity‚ and sometimes a written instrument (US Legal‚ n.d.). Contracts can be both bilateral‚ meaning an agreement between two parties‚ or unilateral‚ where action is taken by one party or group (Lau‚ 2011). This
Premium Contract
Background The NBA Collective Bargaining Agreement is the contract between the NBA team owners and the NBA Players Association that dictates the rules of player contracts‚ trades‚ revenue distribution and the salary cap. Since the previous CBA signed in 2005 was going to be expired before July 2011‚ the two parties‚ team owners and basketball players had to come up with a new CBA for the upcoming few seasons. According to the CBA signed in 2005‚ a soft cap system (at $58 million) was adopted
Premium Negotiation Contract Collective bargaining
Non-compete or non-disclosure agreements are very common amongst big corporations and many businesses. Its purpose is to restrict employees or former employees of a business from disclosing company information or enter in a similar profession with specific regulations such as a certain distance within the former business or a competitor business. These kind of contracts make sense when it comes to higher up positions within a company but as of recently the controversy has risen about big corporations
Premium Employment Minimum wage Ethics
Winglets Sales Agreement This Winglets Sales Agreement (this “Agreement”) dated as of the 23rd day of October‚ 2016‚ by and between CAROLINA MANUFACTURING AND DESING‚ INC. (“Seller”) referred to as Carolina‚ a small medium-sized corporation and EL – BUBBA (“Buyer”). WITNESSETH: WHERAS‚ Seller is engaged in the business of producing and selling winglets; and WHERAS‚ Buyer proposes to purchase these winglets from Carolina for a period of no less than five years with the right to continue to do business
Premium Contract Corporation Business
Item IV. Utilizing Emotions Degree of Agreement 1. When my mood changes‚ I see new possibilities. Apabila mood saya berubah‚ saya melihat kemungkinan baru. 1 2 3 4 5 2. When I am in a positive mood‚ solving problems is easy for me. Apabila saya berada dalam mood yang positif‚ menyelesaikan masalah mudah bagi saya. 1 2 3 4 5 3. When I am in a positive mood‚ I am able to come up with new ideas. Apabila saya berada dalam mood yang positif‚ saya dapat datang dengan idea-idea baru. 1 2 3 4 5 4. When I
Premium
ISSUE: Is there a legally enforceable contract for the sale of gold between Terry and Susan? RULES: 1. Social and domestic agreements have a presumption against legal obligations (Balfour v Balfour ). The presumption can be rebutted in a domestic agreement if there is sufficient evidence to demonstrate an intention to create legal relations (Beswick v Beswick ; Errington v Errington ; Parker v Clark ; Riches v Hogben ; Wakeling v Ripley ). 2. An offer must be clear‚ unambiguous‚ and have sufficient
Premium Contract Contract law
anti-Semitism and Gentleman’s agreement have made their lives hard as Jews. The movie “Gentleman’s Agreement” and “Goodbye‚ Columbus” explore what it is to be a Jew in America in post-World War II. Nevertheless‚ not all Jewish literature is religious; in “Gentleman’s Agreement” and “Goodbye‚ Columbus” we see how deception is used to accomplish their goals conscious and subconsciously deceiving themselves and other along the progression of the text/film. In the film “Gentleman’s Agreement” main character Phillip
Premium Judaism Antisemitism Jews
the advantages and disadvantages‚ in this case‚ of conditional fee arrangement (or conditional fee agreement) The main advantage is cost to the state. Conditional fee agreements cost the state nothing – the costs are entirely borne by the solicitor or the losing party‚ depending on the outcome. By removing huge number of personal injury cases from state funding and promoting conditional fee agreements for them instead‚ the government claims it can devote more resources to those cases which still need
Premium Insurance Law
CONTENTS * WHAT IS GATT ? * HISTORY.. * OBJECTIVE * GATT AFTER 1986 * INDIAS BLUNDER(15TH DEC 1994) * REASON * GATT IN ACTION(ENGULFING INDIA) * PREVENTIVE MEASURES WHAT IS GATT * GATT-General agreement on TRADE and TARRIF. * Older version of WTO. * Formed to solve the international trade disputes. HISTORY OF GATT Following World War II‚ the victor nations sought to create institutions that would eliminate the causes of war. Their principles were
Premium World Trade Organization European Union International trade
without governmental‚ or any other interference‚ no tariffs or any other barriers. The goal of free trade areas is to eliminate exactly these hurdles for free trade. Free trade areas are trade blocs consisting of states who signed a Free Trade Agreement (FTA) which eliminates things as tariffs‚ import quotas and preferences on‚ in the best case‚ all goods and services between them. The goal of such FTA’s basically is to reduce barriers to exchange so that trade can grow. The reason why trade can
Premium International trade Free trade