Non-disclosure agreement

Just a few years ago this great nation took a devastating hit to its economy that crippled many homeowners. These citizens had everything ripped out from underneath them and were forced to foreclose. Why were so many thousands of people forced to resort to this you ask? When the economy bottomed out, they lost everything and could no longer even afford to support their families or live in their homes. Today, many thousands of those victims of foreclosures have since turned into potential…

The economic downturn over the past few years has really been hard on people of all status, socio-economic background and race. It’s hard to envision an America without the beautiful home and pick-it fence, but the reality of it is that most American families do not have that vision right now. With the beginning of a new day came a way to overcome this sad reality though. The economy is on the rise I believe and with that more people, boomerang buyers, are able and eager to get back into owning…

6. ULTRA VIRES CONTRACTS A contract of company which is ultra vires, i.e., outside the objective clause as defined by memorandum of association is wholly void and is of no legal effect. The objection to an ultra vires contract is, not merely that the company ought not to have made it, but that it could not make it. The main issue is not as to the legality of the contract; but the issue is as to the competency and authority of the company to make it. An ultra vires contract which has the effect…

the Lambskin coat case wherein the Liechtenstein buyer relied on its customer to complain and didn’t examine the goods even though it was stored in its warehouse. Tang too did not examine the hairdryers but relied on its customers to complain of the non-conformity and Tang clearly had the hairdryers within its sphere of control. Thus Art38 is not…

A contract is an agreement that legally binds the parties involved. Alternatively, it can be defined as a promise or a set of the same that are enforceable by law. By getting into an agreement, parties acquire obligations and rights which are enforceable by the court of law. The main method through which such agreements may be enforced is by the award of damages although in many cases the court may order the defaulting party to perform a specific action to compensate the aggrieved party. In…

This is seen in the case of M v M, where a prenuptial agreement between the parties was existing; however this reduced the wife’s final award. The courts applied the principle used in K v K where the courts “set out pertinent factors which were necessary to determine whether the agreement was binding or influential”. Having considered the questions, the courts held the wife’s entitlement to a lump sum of £125,000. The agreement had been settled for a lump sum of “£100,000 within 5 years of…

Introduction There are two issues on which Stephanie requires advice - whether the barge is a chattel or a fixture and whether there is a valid contract in place between herself and Wangle. If the barge has become a fixture of the land and the contract meets all the necessary formalities, then Stephanie may have a legal right to the barge and may have a cause of action against Wangle if he refuses to go through with the transaction. Distinguishing between Chattels and Fixtures The Law of…

More and more seniors are choosing to swap their suburban homes for apartment living. The experts at Murphy Properties, a company that offers apartment rentals in Connecticut and Rhode Island, say that today's seniors are healthier and more mobile than their predecessors and are choosing to remain in the workforce past traditional retirement age. Many are eager to explore a new lifestyle, and they're trading the responsibilities of home ownership for the freedom of apartment living. Apartment…

Landlord-Tenant Law Landlords and tenants both have rights and accountabilities in the development of an ownership agreement. All parties must have a clear understanding of what the lease terms mean to avoid issues. When a property owner and a renter signs on leasing a house, trailer, or etc., many things need to be made clear, including the cost of the payment, the date the rent due, limits on late fees, length of the ownership, if he or she pays for utilities (like gas, electricity, or etc.)…

In certain states in the United States, there has recently been an influx in the population in some cities. Since there has been an increase in population, low income families are being forced to move out of the city and into more affordable housing. Affordable housing is usually located outside the city limits. In order to solve this problem there has been various solutions implemented to keep affordable housing within city limits. One solution has been federal project-based rental assistance…