Contract law

The Group dynamics within our group ‘Team Instinct’ varies from day to day. Depending on what type of mood we are all in, our group seems to take on different group roles or tasks without even realizing it. Some days our group can work very well with a plethora of us being initiators and coordinators, while the rest turn more towards being the recorders and instigators. The next day the roles and tasks could be flipped, and some of us could be doing the opposite job of which we did yesterday.…

essentially a down payment to the owner of the house. After the contract has expired and the seller and buyer are in agreement, the house can be…

Money and wealth has badly influenced an undergoing change in our society for 21st century Americans today. We all want money and love spending money even more on food, clothes, technology, vehicles, and etc. There should be certain limit in “wanting more money”. Although money is amazing to possess, it is starting to affect people especially in the sports industry with player’s always wanting more money every year. On the other hand we have soldier in the Navy, Army, Marines, and Air Force all…

Cost reimbursement is another alternative contract in which the contractor is reimbursed for the actual cost and fixed costs which incurred for the work .Cost-reimbursable contracts might be used for the projects in which the general scope and nature of the work are defined, but there is uncertainty in quantities or execution. This type of contract is risky for client because under cost-reimbursable contracts, all uncertainties in the scope of project are incurred by the client and the final…

Chapter 10 is entitled Making Rational Decisions in Negotiations and is said to outline the framework for a rationale two-party negotiation. It looks to improve your outcomes as the primary negotiator and improve the outcomes for all parties involved in the negotiation. Economists were the first to give advice in this area and the most effective is game theory which is mathematical models to look at potential outcomes in multi-party negotiations, if all involved act rationally. It is the most…

payment mechanisms in public-private partnerships projects, it is useful to start briefly with some definitions of P3 term. Indeed, P3 can be defined as a long-term contract to provide a public service or maintain a public facility, such as highways, hospitals, and bridges, between the private sector and the government entity . In this contract, the private sector will be taking the risk and the responsibility to maintain, operate, and manage the public facility at high-performance level.…

Situation (a) 1. In this case, Brock Lesnar as a member of the audit team has a borrowing guaranteed by the audit client - Richardson which is not a bank or similar institution, then according to APES 110. 290.120, a self-interest threat is created. In accordance with APES 110.290.120, if a member of the audit team accepted a loan which is guaranteed by an audit client that is not a bank or similar institution, the self-interest threat to independence would be so significant that no safeguards…

Internal Environment Analysis of MAHINDRA & MAHINDRA By Sonali Gupta Section B PGP30107 Declaration I, Sonali Gupta, do hereby declare that the report is my individual effort and that no part of the report is copied from published/unpublished sources without proper citation. Table of Contents 1. EXECUTIVE SUMMARY 3 2. INTRODUCTION 3 3. VISION AND MISSION 3 4. VALUE SYSTEM 5 5. BUSINESS POLICIES AND PRACTICES OF MAHINDRA 6 6. MANAGEMENT STRUCTURE AND NATURE 7 7. HUMAN RESOURCE AT…

Chinese Fireworks Industry The purpose of this analysis is to provide Jerry Yu with a recommendation on weather or not he should take his family up on their offer to invest in the village’s fireworks factory. The aim will be to conduct a Porter’s Five Forces analysis in order to determine the attractiveness of the industry. In addition, I will conclude weather this industry is in fact a “sunset” industry that is unlikely to return on Mr Yu’s investment in the long term. There is a vast threat…

d. DHN Food Distributors Ltd. ran a grocery business using the premises of a subsidiary company which was formed to buy a piece of land. The subsidiary company did not have a business of its own and was wholly owned by the parent company, DHN Food Distributors Ltd. Tower Hamlets London Borough Council compusory obtained the subsidiary company’s premises to buld houes causing DHN Food Distributors Ltd. needed to wind up. The subsidiary company was paid for the premises, however Tower…