Contract law

ADDENDUM TO AN EXISTING CONTRACT An Agreement was made by and between Absolute Metal Roofs, Inc. whose address is 108 S Kerr Ave. Suite C Wilmington, NC 28403 and DR. NASEEM & HILDA NASRALLAH whose address is 255 WEST MAIN STREET, BURGAW, NC 28425 on the 28TH day of MARCH, 20 17 (hereinafter referred to as “original stated contract”) set forth below. This document will be used in reference and addition to the original Agreement between the following parties that are named above in this…

A sublease agreement is a contract by which some or all of the property rights a tenant has under a residential Lease agreement is conveyed to a third party. The pros and cons of writing a sublease agreement versus buying a state specific, attorney prepared contract online for less than ten dollars. How to write a sublease agreement and the pitfalls? A sublease contract should contain the following clauses: 1. Sub-lessor(s) information. 2. Sub-tenant(s) information. 3. The premises location…

now in collections, her granddaughter has composed a letter in Walker’s behalf, stating that the entire deal is unconscionable and therefore unenforceable. In contract law an unconscionable contract is one that is unjust or extremely one-sided in favor of the person who has the superior bargaining power. Courts find that unconscionable contracts usually result from the exploitation of consumers who are often poorly educated, impoverished, and unable to find the best price available in the…

Thank you for your kind letter of November 22, 2017. I do not intend to argue with you in this forum over the relative good faith of the parties regarding any aspect of this case. The record demonstrates that, despite the best efforts of Escondido Trafalgar, the ownership of Blast Enterprises, Inc., has taken a series of conflicting positions, which positions have thus far stymied the progress of the renovation of the Shopping Center. Mr. Colleran’s outreach to Blast Enterprises was a courteous…

Transfer of Receivable with recourse Question: “Search accounting standards to determine when the sale with recourse must be shown on the balance sheet as liability and when it can be considered as a true sale and no liability need be shown.” Answer: Accounting standards to determine when the sale of receivables with recourse must be shown on the balance sheet as a liability or as a true sale actually is based on ASC 860. ASC 860 established the procedures used to determine whether the sale of…

(NSW) 183, Ripley convinced his sister, Wakeling to move to Australia with her husband and promised them a living as well as an inheritance after his death. He cut them off after the relationship with the couple broke. Wakeling sued for breach of contract. The court ruled in favour of the plaintiff on the ground that there must be a legal intention in the agreement between two parties since there were an enforceable provision of Ripely’s assurance and will and a significant financial consequence…

separate commercial contracts which have been entered into. Different legal issues have affected each contract but on the whole there are three main elements which can be identified, these being, of breach of contract, frustration of contract and a failure with regard to the perfect tender rule. Each contract will be considered separately using legislation and relevant case law to come to a determination as to what remedies are available in relation to each of the contracts in question. After…

Bobby Applicable Law-Uniform Commercial Code Contracts for the sale of goods will be governed by the UCC. The contract here is for the sale of a painting, which is a good, Therefore, the UCC applies. Merchants A party to a contract believed to be experts or having specific knowledge regarding the area the contract pertains too. Merchants are held to a higher standard of good faith and the UCC rules regarding merchants will be applied. Thomas became an artist after retiring from a law…

grounds for avoidance of the Sales Contract on 7 July 2014 and 9 July 2014 B.CLAIMANT did breach the Sales Contract on 4 July 2014 and 8 July 2014 I. CLAIMANT breached the Sales Contract for the inconsistency between the Sales Contract and the letter of Credit opened on 4 July 2014 1. The CISG applies to the merits of the case at issue Pursuant to Article 20 of the Sales Contract [Cl. Exh.1, p. 7], “The contract, including this clause, shall be governed by the law of Danubia”. As Danubia is a…

1) Dorothy and Brian I: Had the contract between Dorothy and Brian come into existence? In particular, was Dorothy obligated to sell her house to Brian? R: Offer and counter-offer “An invitation to treat is essentially an indication that a person is prepared to negotiate” “Acceptance cannot be interfered from the silence or inaction of the offeree” . A: Brian offered to buy Dorothy’s house and Dorothy replied Brian that she would sell the house for $2.000.000. Brian countered Dorothy’s offer…