Forward contract

This is because the broker is under the lender and the lender contracts the broker to act on their behalf hence the lender had all the right to monitor the activities of the broker. The results could have been different since the lender could have explained the terms better to Sutton who claimed to not have understood…

While Columbus recently encounters the land yet he claims ownership of it and renames the locations, it is due to the fact that Columbus was not interrupted. By this, Columbus states that he did not encounter any interference or objection to his proclamation. Stephen Greenblatt states that it possible that Columbus believes the indigenous people would not object to him claiming the land, whether they understood what he was saying or not. The significance lies in the fact that Greenblatt brings…

1. Discuss some ethical problems that might arise in a commercial real estate sale for the legal professional. If a lawyer believes that his client is doing something that creates a serious ethical problem for him or her such as, commit a fraud, a crime or cause financial harm to another party. That lawyer might be inclined to breach the confidentiality to notify the other party. An ethical conflict may arise where, in the course of successive or simultaneous representations of clients, the…

Topic - Evaluation of Emotional Distress in Tort Case: Legal Framework The two parties seen in tort cases are the plaintiff and the defendant (Fotte & Lareau, 2013). The plaintiff is the person who has filed an alleged tort whereas the defendant is the person who has caused harm to the plaintiff (Fotte & Lareau, 2013). In civil lawsuits there are three types of relief they are monetary compensation, specific performance, and an injunction (Fotte & Lareau, 2013). An injunction refers to…

This case does not alter my decision because in this case of attorney-client privilege they were willing to make a deal to protect their client rather than present the truth (Siegel, Schmalleger, and Worrall, 2014). Many lawyers do not totally grasp the complexity of the attorney-client privilege, therefore they do not know and comprehend exactly which communications are protected and which are not (Marcum, 2015). With this being said lawyers can put themselves at risk for discipline and/or…

one or more of their contractual obligations. Whether a disclaimer is enforceable depends on; 1. Is the disclaimer part of the contract: (1) is it expressly set out in a written contract that has been signed by the parties? (2) It is expressly brought to the attention of the party by reasonable notice given before the contract was formed. (3) It is implied into the contract as a result of prior dealings between the parties (James, N 2014, p309). 2. How will the disclaimer be interpreted? Any…

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…

services that either of them provides or any special costs, which either of them incurs, in connection with the Student 's use or misuse of the chapter house or Chapter or House Corporation property. Upon the expiration or other termination of this contract, the Student shall return all keys and security items promptly upon request of the Chapter or the House Corporation, remove her personal property from the chapter house, and shall peaceably surrender possession of the premises and property in…

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…