five-thousand dollars. He then tells Dave that a contract would be arriving in the mail and the offer is open for seven days. The contract that Peter has sent to Dave is a unilateral contract (promise for an act) (Clarkson, Miller & Cross, 2012). Peter has made an offer to Dave. Dave can accept the offer by signing and returning the contract to Peter when it arrives. When Dave receives the contract he signs it and mails it back to Peter. The signing of the contract by Dave has put Peter and Dave into an agreement
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Should Public Employees Be Allowed to Strike? Public sector employment involves working for any “local, state or federal agency”, effectively making the government the main employer for all public sector workers. Organized labor in the US has been a big part of the public sector since the early 1900’s, but this arena has seen some drastic changes occur in the last century. Looking at the data, it is clear to see that union membership has declined from 1/3 of the nationwide non-agricultural work
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Department of Accounting & Finance LAW 1091 Business and Company Law / LAW 1092 Business Law Coursework For many years Cheryl operated a school minibus service in Peckham. In September 2009 Cheryl decided to retire. Accordingly, she placed the following advertisement in the local newspaper: ‘FOR SALE: 2 BLACK FORD TRANSIT MINIBUSES £15,000’ Britney saw the advertisement and decided to visit Cheryl. During Britney’s visit, Cheryl stated that the minibuses were manufactured in 2005’. After their
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Procurement and Contract Law February 26, 2012 ASSIGNMENT 4: Translating FAR Clause 52.242.17 Introduction The Federal Acquisition Regulation (FAR) is the chief body of rules in the Federal Acquisition Regulation System used by the United States government. The Federal Acquisition Regulation was created to govern the process of purchasing goods and services. The process consists of three phases. These are, need recognition and acquisition planning, contract formation, and contract administration
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Legal Issues in Business Case Problems 9 & 10 (Chapter 9) and Problem 13 (Chapter 6) Should the Galls’ complaint be dismissed? As a result of the action between two local people, this came to be a state action, calling for application of state law. Jurisdictions differ depending on whether furnishing water is considered sale of a good under the U.C.C, however majority consider it a good under the U.C.C. Seven courts have held that water is a good and that water suppliers are merchants. See Dakota
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Ch5 Formation of a Contract: Offer and Acceptance An invitation is not an offer; a merchant is not obligated to sell to everyone who reads an ad (its supply may be limited) he is the offeree Both parties must be aware of the offer and counter offers, else any coincidental acceptance under the same terms still don’t qualify as an acceptance Protection against Standard Form Contracts 1. If business is regulated by govt board, its terms are subject to approval 2. Some segments of the public
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In the workforce, there are two categories of how jobs are classified. There are jobs that are in the public sector, such as state and federal government jobs, and jobs that are in the private sector, which would be all other jobs not included in the public sector, such as working for a local organization or company that is not controlled by some form of government. Unlike other topics that have been covered throughout the course, most of the general population has a clear understanding distinguishing
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Aspect of Contract and negligence Individual assignment Acknowledgement “All praises to Almighty Allah for enabling and giving me strength and knowledge to complete this report. First and foremost I would like thank ICBT City campus for giving me this gold opportunity as well as for providing necessary facilities. I have taken full efforts in this project. However, it would not have been possible without the guidance and manual support of my parents and module lecturer Mr Seevali Amithirigala
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linked with the evolution and spread of the Internet. For nearly a decade, the Internet sector recorded impressive growth figures but it is interesting to return to the beginning of e-commerce. Initially, the lack of central authority able to define rules and sanction let fear some form of anarchy on the Internet and greatly hindered the development of commercial activities on the network. It was formed, almost naturally, a sort of code of conduct which has long regulated the behavior of the network
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magazine offering to sell a triumph (Tr6)for $10,000. RULE OF LAW: Rule of law for an Offer - is a statement of willingness of a contract on specified terms if accepted, it shall become a binding contract. Argument/Counter Argument: firstly, the advertisement was public to the eyes of citizens and it will attract interested outsiders, because of an invitation to treat. Whereas, Chris acceptance to the advertisement leads to a binding contract with the offeror, Tom. After he saw advertisement he immediately
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