Contract

to constitute consideration to form a valid contract. However, her promise maybe still be enforceable under the Doctrine of promissory estopple. Under Restatement of Contracts 2d, section 90, a promise is enforceable without consideration if a promise, which the promisor should reasonably expect to induce an action, or forbearance on…

Introduction Williams v Roffey Bros. is a leading case in English contract law. The appellant is Williams and the respondent is Roffey Bros. & Nicholls (contractors)Ltd. Facts In September 1985, the building contractor, Roffey Bros. & Nicholls Ltd., entered into a contract with Shepherds Bush Housing Association Ltd. to refurbish a block of flat, Twynholm Mansions, Lillie Road, London SW 6, and became is the main contractors for the works. Williams, the carpenter, was engaged to carry out the…

Q1. ‘Acceptance and contract’ The issue here is whether there has an acceptance between Blair & Chuck and Jack, which is the key factor to prove that there exists a valid contract between them. Obviously, the rest of the elements of the contract is satisfied. According to the postal acceptance rules which can only be utilised on the premise of ‘send’, acceptance by post would be complete when the letter is posted and meanwhile there is a valid contract even if the letter never arrives . The…

APPLICATION OF CONTRACTS After Forest Park filed the suit against USA Network, it argued that California law should govern the contract, while USA Network argued New York state law should apply. Under California law, “contracts created by conduct are just as valid as contracts formed with words” (California Civil Jury Instructions). However, New York State requires that an enforceable contract must have a specified and agreed upon price. After much discussion, the court decided that California…

Importance of Standard Default Clause All government contracts contain provisions that protect the interest of the government and the contractor. The provisions in a contract indicate the requirements, conditions, and the obligations for all who are involved in the contract. Provisions suggest the contractor is to conduct business during the period of a contract. Interfacing with the government is also included in the provisions. Contractors who are new to government contracting and do not…

the letter arrived two days later on the 7th. Immediately after posting the letter to Musiclive, S4H discovered that Musiclive had a marketing contract with one of its competitors and emailed them informing them that they no longer wished to proceed. On the same day they emailed Promomusic informing them they would like to proceed with the marketing contract but Promomusic did not see the email until after the letter had arrived. The issue…

Pass clients, upon their yearly renewal, the client ROI will be calculated on an individual basis, and analyzed to assess the appropriate renewal rate. To avoid a vast increase in the contract pricing and risk of clients not renewing, the year over year contract price should not exceed 10% from the previous year’s contract pricing. The project has allowed the Client Education team to assess the Premier Pass program, and justified its existence. Continued conversations on the Premier Pass program…

understanding at least the basics of contract law is vitally important for managers and business owners because they will most likely be dealing with contracts on a regular basis in order to successfully meet their business obligations. A contract is a way to describe and define the expectations of each party in a business relationship or transaction, it provides a measure of certainty, spells out what the consequences are if either…

stipulated in the contract that the tenant will pay the rent every 20th day of each month as it was agreed that the tenant will moved in during the 20th. However, tenant moved in on the 10th of the month since the house was already vacant at that time. Furthermore, tenant agreed to pay $320.00 per week. The agreed rent is 1347 but tenant was being charged $1390. The applicant tenant filed the case because she wanted to claim that she was being deceived that there was a breach of the…

the essence in the contract between Construction Supply and Stadium Builders, in which Construction Supply failed to meet the deadline for a seat installation. Time is generally not of the essence, unless it is established to be of the essence in the contract, or it can be inferred from the behavior of the parties, the object of the contract, or from the circumstances surrounding the agreement. In Drazen v. American Oil Co., 395 A.2d 32 (1978) the dispute arose from a contract for the purchase…