English contract law

Sally Walker is one of a mistreated sales contract. When Sally Walker purchased the laptop from Takem’s Applicances & Electronics, she entered into a sales contract in which she promised to pay for the laptop. The specific terms of the contract are unknown, as to the price Sally agreed to pay Takem for the laptop, the time period over which the payments would be made, if the contract was written or oral, and so on. It is even unknown whether the contract is even valid at this point. Assuming…

Not forhaving the fear of more to lose, one can have the perspective of everything to gain still. They can believe that the past disgrace cannot happen again and is behind them. Enable the feelings of victimization from past leases and mortgage contracts to fade away. They now believe that their future is in their control in an arena where they havea new understanding of what is required and how it is…

Contracts are promises, offers, and/or agreements made between two or more parties that becomes legally binding and enforcing (Kubasek, p.304). Regarding the situation of Sam Stevens, he created a new security protection inside his apartment, verbally agreed to have it sold from a chain supply store, and then was notified of eviction due to his security protection disturbing the surrounding neighbors. Between Sam and the store, there was never a signed contract made, but as stated above, Sam did…

Fair market value is a standard typically used for real estate valuation, certain tax issues, and employee stock ownership plans. Fair value in a legal context is a standard typically used for business interest valuation for estate tax and business litigation. Fair value in a financial reporting context is appropriate for the preparation of financial statements. The terms fair market value and fair value are typically used in business-owner buy-sell agreements without proper consideration of the…

According to this week’s text, a union is merely an organization that represents an employee’s interest on issue to management on things such as wages, work hours and employment conditions (Gomez-Mejia, Balkin, & Cardy, 2012, p. 504). In doing some brief research in regards to police unions, which are several pros as well as several cons as it relates to the union. On the pro side, it brings all participants together into a family like atmosphere, they can lobby for better wages and equipment…

signed a contractual agreement with one newspaper organization and several months later offered a more financially lucrative position by another newspaper. As a result, she lets her current employer know and informs them that she will be breaking the contract to pursue the other position. Her actions are of…

1.) On the first Matrix game I decided that my strategy would be to always choose A: Y loses 2. O gains two. I decided this because it seemed like I would be losing less. However, on the second round I decided that I would try out my luck and choose B, which turned out to be the wrong move. I went from -2$ to -5$. After this I decided that I would stick to my original strategy and continued to choose A for the following 4 rounds. Immediately I noticed that it was the better choice ending up with…

When advising a union or management representatives you have to be well informed of the situation and have clear and concise goals in mind before sitting down with them. You have to know who is an ally and who is against the resolution. You have to know how to approach the audience you will be facing and you have to know which power to use to properly negotiate with them. Using integrative bargaining would be best when dealing with unions because you want to create a win-win situation so that…

Jamie Turner at MLI, Inc. 1. How did Turner get himself into this particular predicament? ANSWER There are many reasons contributing to the Turner’s current situation: • Cardullo had made false promises of giving him the autonomy of Marketing department, which Turner believed abruptly. • Turner was granted a hefty pay for the new job, which made him join the job. • At the time Turner joined MLI was struggling over with financial problems. It was not a wise decision for Turner to join at…

humans is the fact that we enter more and more contracts as working adults. Why does everyone seem to want to enter a contract in recent times? Where do we go when things are so convoluted or cryptic in the fine print of a simple download or update. How do we get answers for the contracts that we are aware of moreover, how do we defend against those that we are unknowingly a part of? How challenging might it be for us to interface with a false contract that does not offer any validity or merit. …