1. Which of the following is not an essential element of a Contract of Sale? a. Consent b. Subject Matter c. Delivery d. Price 2. What is the effect when all the three (3) elements of a valid contract of sale are present but there is a defect or illegality constituting any of such elements? a. Contract is Void. b. Contract is Voidable. c. Contract is Unenforceable d. Contract is Rescissible. 3. It takes place upon the concurrence of the essential elements
Premium Contract Contract law
Business Law Case Study In the case presented‚ Biff Smith‚ the Chief of Police of the local department ordered a set of bicycles off of a local storeowner‚ Dirk Right. This was no simple order though‚ in fact Biff intended on starting a bike patrol unit within the local department. Biff went to Dirks Bicycle shop to place an order. The order was for five mountain bikes to be used for patrol so they had to be custom made in order to sport the police decals. Biff was very familiar with the Schwinn
Premium Management Strategic management Balance sheet
from the High Court decision in Caltex Oil (Australia) Pty Ltd v The Dredge “Willemstad” (1976). Caltex Oil (Australia) Pty Ltd v The Dredge “Wilemstad” (1976) and Perre & Ors v Apand Pty Ltd (1999) has been important cases in the history of Tort Law. Negligence is a complex term including advertent and inadvertent acts and omissions where there has been a failure to take reasonable care to prevent loss‚ damage or injury to others whom they could reasonably have foreseen might have been injured
Premium Tort Common law Tort law
Entrepreneurship Law Final Exam 1. Who owns the CadWatt Solar cell technology? What rights‚ if any can SSC claim on it? SSC owned the technology‚ because the invention related to the SSC’s business and he had used some of SSC’s resources (namely‚ his SSC computer and SSC training sessions) when developing it. 2. What can Pierre do to make his departure from SSC amicable? Should he have left sooner? What ongoing obligations does he have to SSC? Pierre should consider returning
Premium Venture capital Initial public offering
The preliminary issue in the question is fast food restaurant is vicariously liable for the Cathy’s negligence. Since the concerns about the law of tort‚ the following analysis will focus on the possible tortuous liability instead of the potential breach of the contractual obligation and the criminal acts. In principle of vicarious liability‚ to make an employer liable for a wrong committed by an employee‚ the plaintiff must establish that: 1. defendant is an employee ( as opposed to an independent
Premium Tort law Employment Vicarious liability
International College of Business and Human Resources Development Common Law Assignment 1 BMT: 387-09-09 Task 1(P1) A contract may be defined as an agreement which legally binds the parties. A party to a contract is bound because he has agreed to be bound. The underlying theory then is that a contract is the outcome of ‘consenting minds’. Parties are not judged by what is in their minds what they have said‚ written or done. Contracts are
Premium Contract Tort Common law
“Dual Liability may arise from the same set of facts‚ however the two branches of the law have very different purposes‚ procedures and resulting penalties will differ.” The English legal system has two types of law‚ criminal and civil law‚ they deal with different things in different ways. A crime is wrong against the state‚ which will be also be punished by the state‚ in one side we have the wrongdoer and the other we have the state or the crown court‚ the aim is to punish the wrongdoer to also
Premium Law Criminal law Tort
MULTIPLE CHOICES 1. Employment and Labor Regulations - Major Labor Relations Acts‚ Norris-La Guardia Act‚ Injunctions Prohibited‚ “yellow-dog” contracts. C.16‚ p.481 Employees agree not to join a union or risk being fired if they do. 2. Employment and Labor Regulations - Major Labor Relations Acts‚ The Landrum-Griffin Act of 1959‚ what does the Landrum-Griffin Act provide to protect union members? C.16‚ p.482 Act intended to assure that union members are protected from improper actions
Premium Supreme Court of the United States
cause a person to suffer from any damage‚ injury or loss as a result. And in order to access the negligence of any individual as well as the liability that those individuals may encounter due to their act of negligent‚ it is important to know how negligence is determined in law. According to the Law of Negligence‚ the Panel is requested to examine the formulation of duties for Tom and the bar owner; the causation of Tom and the bar owner; the foreseeability of harm by the two parties as well as the remoteness
Premium Tort Law Tort law
Laws and Regulations Team A Linda Lee-Tucker‚ Natalia Alexander‚ Misty Pearson‚ Tiffany Miller HRM/554 February 21‚ 2011 Professor Stephanie Romagnoli Introduction British Petroleum is the US’s largest corporation. One of the largest oil producers‚ BP services globally for billions of dollars each year. BP distributes oil and natural gas all over the world. British Petroleum has run into several problems with federal regulations over many years. Because of safety issues
Premium Occupational safety and health Coca-Cola Law