contract is a legally binding agreement. Stated another way‚ "a contract is a promise or a set of promises for the breach of which the law gives a remedy‚ or the performance of which the law in some way recognizes as a duty." (Restatement‚ Contracts‚ 2d) study hint. The essence of a contract is that (1) by mutual agreement (2) parties create obligations that can be legally enforced. 2. ELEMENTS OF A CONTRACT Elements of a valid contract are: (1) an agreement; (2) competent parties; (3)
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DISTRIBUTORSHIP AGREEMENT This Distributorship Agreement is made and entered into by and between Greenfoot Global CORPORATION‚ a U.S. corporation incorporated under the laws of the State of Wisconsin‚ U.S.A.‚ having its principal place of business at 405 East Forest Street/Suite: 15‚ Oconomowoc‚ Wisconsin‚ U.S.A.‚ (hereinafter referred to as "Company") and Greenfoot RUS Limited Liability Company‚ a company registered under the laws of the Russian Federation‚ having its principal place of business
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not particularly during a tough time‚ but sadly resulting in one for many. The decision to negotiate a FreeTrade Agreement with the United States seemed good at the time; Wider access to a variety of goods and services‚ new employment opportunities and the removal of trade tarriffs. Critics had stated their opinions solely based on the unemployment that the FTA (Free Trade Agreement) had created. Supporters had their opinion on the social‚ economic and political impact for Canada. Even though
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A contract is a legally binding agreement or relationship that exists between two or more parties to do‚ or abstain from performing certain acts. A contract can also be defined as a legally binding exchange of promises between two or more parties that the law will enforce. For a contract to be formed an offer made must be backed with an acceptance of which there must be consideration. Both parties involved must intend to create legal relation on a lawful matter which must be entered into freely and
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Europe and Japan‚ these 3 head quarters hold the 3 Ping Factories based where golf clubs are made for all over the world. Customer service and Custom Fitting is a major part of the business. Section 1 – Understand the factors that affect an organisation and the customer service role 1. Complete the table below with a description of the products and services for at least two commercial organisations‚ public organisations and third sector organisations. Please ensure you provide a description
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Introduction: The Agreement on Agriculture is an international treaty of the World Trade Organization. It was negotiated during the Uruguay Round of the General Agreement on Tariffs and Trade‚ and entered into force with the establishment of the WTO on January 1‚ 1995. The Agreement on Agriculture is one of the two main sectoral agreements in the Uruguay Round Agreements that provides the specific rules in the liberalisation of agricultural products. The other one is the Agreement on Textiles. As
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partners; however‚ there are a wealthy few who feel as if a prenuptial agreement is the only true method of which they can define the level of faith within a marriage. They feel that if a spouse agrees to a prenuptial agreement then that person truly loves them and does not want them for financial benefits. A prenuptial agreement should not be a factor in the engagement process. My opposers would say that a prenuptial agreement is sometimes necessary because people are sometimes not sure of the loyalty
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LEASE AGREEMENT This lease agreement‚ is made on the day of December 21st‚ 2012. Alectra Ltd. Company‚ incorporated under the relavant law of Bangladesh‚ having its registered office at house no. 96/1‚ Road no.15‚ Gulshan‚ Dhaka. (hereinafter referred to as “lessor”) Muktadir Khan‚ son of Faysal Khan‚ having his permanent address at house no. 46/2‚ Alauddin Road‚ North Badda‚ Dhaka. (hereinafter referred to as ‘leasee”) WHEREAS‚ the leasee is a company‚ carrying a business of electronic goods
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Team Project Contract-Lease Assignment This Residential Lease Agreement (hereinafter “Lease”) is entered into this the 10-01-11‚ by and between the Lessor: George Murphy‚ (hereinafter referred to as “Landlord”)‚ and the Lessee(s): Benjamin Potter for the Potter Corporation. All Lessees (hereinafter referred to collectively as “Tenant”)‚ are jointly‚ severally and individually bound by‚ and liable under‚ the terms and conditions of this Lease. 1. GRANT OF LEASE: Landlord does hereby
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Canada and International Agreements Agreement|Acronym|Canada and the Agreement| North American Free Trade Agreement|NAFTA|§ It was effective in January 1994.§ It is an agreement between Canada‚ the Untied States‚ and Mexico aiming to remove the tariffs among members.§ Canada’s exports to the United States have increased. 50% of Canadian products are sent to the States.§ Canada’s merchandise exports go to 39 out of 50 states.§ Mexico has almost doubled its exports to the States.| Free Trade Area
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