Business law

communicated to the offeree, the withdrawal of an offer has no effect (Byrne v Van Tiehoven). Rainbow changed their mind about their tender and as a result, they attempted to, through fax, withdraw their offer. Even though their fax was sent during business hours, it went unnoticed within MML’s offices for three days, therefore placing the time in which the withdrawn reached MML being after the 24th February. Therefore, at 5pm on the close of tender, Rainbow had submitted a valid tender to MML.…

Roetzel & Andress, L.P.A., 2009-Ohio-2728 -- Limited Partnership The law firm Roetzel & Andress (R&A) represented Schneider personally, not her companies. R&A told Schneider, who is the majority shareholder of the numerous companies, to stop selling unregistered notes. Schneider ignored and continued fraudulently selling…

court's choice instead of payment. Frequently sort of damages is looked for in criticism cases. Furthermore, special damages whereby this remunerates the inquirer for the quantifiable financial misfortunes, which they are seen in both individual and business activities. Different sorts of damages are accessible under equity, for example, specific performance and…

1.1 Clearly explain what requirements must be in place for a Contract to exist between two parties: A contract is a legally binding agreement offering rights and imposing obligations of specific terms between two or more persons (or entities) in which there is a set of promises in re-turn for a benefit (a consideration). The legal bind is only applicable upon the party or ‘privy’ who enter the contract. For a contract to exist between two parties there must be evidence of the following…

tortious interference with a business relationship lawsuit against Tom Cuban for taking predatory measures to steal customers from Show Me the Money by way of negatively portraying Show Me The Money’s employees for Tortious Competitor Agency’s benefit. In order to win this lawsuit alleging this business relationship tortious interference, Show Me The Money will have to prove that Cuban utilized wrongful, predatory methods to drive his former employer out of business; i.e. the opposite of free…

Business Tort and Contract Law Question 1 I. Dam Good as a business entity may be legally liable for the death of the pilot and the four passengers on board under ordinary and strict liability negligence. If the elements of these heads of tortious liability can be proved on a preponderance of evidence or on a balance of probabilities, then the estates of these victims could successfully claim from Dam Goods. According to Owen, in order to successfully prove liability in negligence, plaintiff…

PART A Clara is not yet the registered proprietor (RP) of Bernie’s lot and only has an equitable interest, by virtue of the concluded contract for sale. Albert should be advised that if his ‘easement agreement’ with Bernie is registered before Clara becomes the RP, then her title will be subject to the easement and she will be precluded from constructing a fence. The issues are: 1. Whether Albert and Bernie’s agreement is an easement. 2. The ranking of Albert and Clara’s interests. 3. Whether…

Rules: Tort law can be defined as civil wrong means, a wrong dedicated against specific person moralities. This can be against the person property & the status. The tort law can recognise by negligence, nuisance and the international torts of trespass and defamation, which includes in common law. Negligence is the most important element for the business law. The basis of the tort law is the fact that in order for a claim to be a successful one,…

Analyzing Business Law Concepts Through Matilda's Father's Actions When I heard in class about this opportunity for extra credit, the movie Matilda jumped to my mind. It was one of my favorite movies growing up and holds so much nostalgia for me now. The movie, Matilda, is a story about a genius, young girl who has the power of telekinesis. Unfortunately, Matilda is constantly overlooked and bullied by her family. Her father, Harry, is a used car salesman who prides himself on his tact in…

I once had a group assignment for a Business Law course I was taking at Tuskegee University. I don’t remember the exact context of the assignment but I do remember the troubles me and my group mates ran into while trying to schedule meetings to work on the assignment. Preparing for this assignment was a difficult task because of the many difference between myself and my group mates. I was in the band, another member worked, and the third group member was a member of the Student Government…