there was a valid contract between Apple and this father? 2. Whether or not the transaction contract was valid? 3. Whether or not Apple has a right to refuse the refund? Law: Article 9 Capacity; Contract through Agent In entering into a contract, the parties shall have the appropriate capacities for civil rights and civil acts. Article 16 Effectiveness of Offer, Offer through Electronic Message An offer becomes effective when it reaches the offeree. When a contract is concluded by
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transparencies wherever possible and provide two hard copies (paper prints) for each submission. The owner may retain the sample of each item at his discretion until the completion of the contract. 1.3.2 Present a schedule of shop drawings after award of the contract and not later than seven days after award of contract, indicating the anticipated date when the drawings will be submitted for review. Assume full responsibility for timely submission of all drawings. Allow a minimum of one week for the
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CHP 9 Contract: an agreement that is enforceable by a court of law or equity. A contract is a promise or set of promises for the breach of which the law gives a remedy or the performance of which the law in some way recognizes duty. Parties to a contract: offeror. Party who make an offer to enter into contract. Offeree. Party to whom an offer to enter into a contract. Elements of a contract: 1. agreement. For a contract there must be an agreement. It requires an offer by the offeror and an acceptance
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would pay the three months’ that they were behind and the future payments. After 15 years Robert Brigss filed an action to void the oral contract as in violation of the Statute of Frauds and evict the Sacketts from the house. The applicable issue in this case is contracts involving interests in real property; because according to the statute of frauds any contract that transfers an ownership interest in real property must be in writing to be enforceable (Cheeseman p 220). The Sacketts family only
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individual a contract is a viable piece of the puzzle. When you look at the different aspects of how a contract comes about both parties have to be aware of all the outlying terms and conditions. Mary displayed an offer to Liam and Mike to paint her house for a specific amount of $2500.00 dollars. When she spoke the terms of what service she wanted to receive from these two individuals she was speaking aloud an offer. A contract is formed when four viable steps are taken; offer, acceptance, intent
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Nick Wright Business Law 1 Professor Hunt August 31st 2015 I.R.A.C. of Aon Risk Services Inc v. Meadors Summary: Meadors sued Aon Risk Services Inc. for breach of a unilateral contract. Aon Risk Services (ARS Arkansas) and Combined Insurance Companies are subsidiaries of Aon Risk Services. A parent company issued a memo (Interdependency Memo) which encouraged ARS brokerage offices to put insurance companies with Aon-affiliated companies. It also gave bonuses for revenue generated under
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ASSESSMENT COVER SHEET DECEMBER SUBMISSION |Unit Number and Title |Unit 5 Aspects of Contract and Negligence – Level 4 | |Assessment Title |Aspects of Contract & Negligence | |Course Title |HND Business
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Question 1-a The main contract requirements are: 1. the agreement of the parties 2. the consideration 3. the object, what we are dealing with? 4. form requirements, when that is required by law under pain of nullity The essential elements of the contract are, therefore, almost the same as the legal transaction, it is true, however, that some of these have the typical characteristics, we begin with the agreement. Agreement is the meeting of the wills of the parties, constitutes the equivalent
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which specialises in acquiring and selling rare books. He recently saw an advertisement in a specialist book magazine for a first edition copy of the only book written by Bruce. The advertisement, which had been placed by Chris, stated that it was ‘on offer for $1,000. Ben phoned Chris stating that he would buy the book for $750. Chris replied that he would sell it for $900. Ben then said he would need time to think about buying the book at that price. Chris agreed not to sell the book to anyone else
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Offer and Acceptance Offer means a proposal presented by one person to another with the intent of obtaining his consent for performing or not performing any work.(Sec. 2.b). Offer may be express or implied * When an offer is expressed by words spoken or written it is termed as an express offer. Implied offer means an offer made by conduct. Offer may be general and specific General offer * A general offer is one which is not made to a definite person, but to the world at large or public
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