Meeting of the minds

1. The issue in this case is whether the doctrine of promissory estopple should be applied. Promissory estopple is a doctrine that requires people to fulfill a promise that would not meet the consideration burden for creating a contract. To invoke promissory estopple, three elements must be fulfilled. The first element is that the promisor makes a promise that they believe will increase the likelihood an action they want will occur. In the case, this requirement is met when Aunt Jennie offers…

1) Cathy v Eric An oral contract exists between Cathy and Eric as the requirements for the existence of a contract were fulfilled. There must be an offer and acceptance that had consideration and an intent to create legal relations. Consideration can be seen between the payment from Cathy to Eric. A term of the oral contract was that Eric’s farm land would be suitable for installing a marquee. This was found false and Cathy had to pay additional costs to prepare the land for the marquee. Hence…

(1979). 1. When Referring to or Describing the Content of an Authority Example: In an earlier opinion, the court held that intent was irrelevant. Crenshaw v. Baldwin, 115 Cal. App. 4th 553, 557 (1979). Example: The court reasoned that “the state of mind of the defendant had no impact on the extent of the damages suffered by the plaintiff.” Crenshaw v. Baldwin, 115 Cal. App. 4th 553, 557 (1979). 1. Avoid Plagiarism with Proper Citations To avoid plagiarism, it is important to include a citation…

Moonbeam and Tang both have rights and obligations regarding the June instalment as one buyer’s right is a seller’s obligation and vice versa. Both parties are contracting states and thus the Contracts for International Sale of Goods (CISG) is applicable to this question. A contract is formed when acceptance of an offer is met according to the CISG. As per Art14 Moonbeam clearly accepts Tang’s offer to purchase the hairdryers as Moonbeam’s intent to be bound is evident through agreeing to sell…

A contract is an agreement that legally binds the parties involved. Alternatively, it can be defined as a promise or a set of the same that are enforceable by law. By getting into an agreement, parties acquire obligations and rights which are enforceable by the court of law. The main method through which such agreements may be enforced is by the award of damages although in many cases the court may order the defaulting party to perform a specific action to compensate the aggrieved party. In…

Agency can be defined as the “fiduciary relation which results from the manifestation of consent by one person to another that the other shall act on his behalf and subject to his control, and consent by the other so to act” (American Law Institute, 1958) Agency involves three parties, the Principal, the Agent and the Third party. The agent is the party that acts on and conducts transactions on behalf of the principal, commonly through a contractual relationship between the two. There exist…

Q1 Issue: Whether P.Ramli placed the advertisement in The Star newspaper is an offer or Invitation to treat. Explanation Law: An offer is made when one of the parties involved in the negotiation states the terms on which without further alteration, he is ready to be bound into a legally binding,enforceable agreement with the other party once the other party accepts the offer.(Krishnan,2009)An offer should identify the parties to the contract and indicate its contents, example the parties’…

the International Chamber of Commerce in the light of all the relevant considerations and to report its conclusions to the former submitting such proposals as latter deemed appropriate, including a draft convention. The Committee held 13 public meeting from March 1 to 15, 1955 at New York and on the last day, viz., March 15, 1955 adopted a draft convention .on the Recognition and Enforcement of .Foreign Arbitral Awards alone with its recommendations .and submitted the same to the…

1. Define a Contract A contract is promise for the breach of which law gives a remedy or the performance of which the law in some way recognizes a duty (Goldman and Cheeseman 492). An example of a contract could be a promissory note for a loan on a home or car. 2. Define an offer. Who is the offeror and who is the offeree? The offer is a manifestation by one party’s willingness to enter a contract (Goldman and Cheeseman 493). The offeror is the party who makes the offer while an offeree is the…

1. Proposal. This Agreement is entered into by and between Sitter and Client, each as set forth on the Proposal when signed by both parties will become a binding part of this Agreement. Each Proposal will be governed by the Basic Terms and Conditions, but in the event a provision of the applicable Proposal contradicts any provision in in the Terms, the applicable Proposal will govern the ______*. 2. Services. The Sitter agrees to provide the services set forth in the applicable Proposal 3.…