Option contract

Appendix 2 – OFWAT Service Incentive Mechanism Unwanted Call Definition 26th March 2015 Extract 2. Unwanted phone contacts 2.1 Definition Unwanted phone contacts. This is the number of phone contacts received from customers that are ‘unwanted’ from the customer’s point of view. This includes a contact about an event or action that has caused the customer unnecessary aggravation (however mild). It also includes repeat or chase calls by the customer to the company. This is determined by the…

The Cost-of-Carry Model In the commodity market the Cost of Carry model is used to price the futures and forwards contracts based on the spot price of the traded asset. The cost of carry is all the costs to carry an asset from the present until a certain future period, those are the cost to finance the asset (the interest), the storage costs, the transportation cost, and the insurance costs. The cost of carry model looks at the price of the future or forwardcontract as a function of the spot…

GE International, Inc.(GEII) and CSC (Computer System Consultant) are two computer based companies. I represent CSC who received a contract opportunity from GEII to reprogram their computers with new software and update to the latest version. Various requirements from both the sides were discussed and iterated. However, after conferring with the senior manager of GEII, CSC finds that there are budget conflicts. This case study will show how the negotiation between GEII and CSC brings up new ways…

6. The key elements in a contract of international sale of goods There are some critical aspects that need to be considered by the parties in the international sale of goods. a. Capacity of the parties Capacity is the legal ability of a person to enter a contract. If the buyer is a person, he/she should not be a minor, the mentality disordered, and the intoxicated person. However, if the buyer is a corporation, the person who has authority to sign contracts is usually specified in the…

Since an offer can only be revoked before an acceptance, Jack was only able to enter into contract with another party if Blair and Chuck had not already accepted the contract. However, as the letter was posted on the 21st, according to postal acceptance rule, acceptance will be complete when letter is posted, even if acceptance is lost in the post and offeror never receives it, there is a contract on the date of posting. This was developed on the basis that an offeror who is prepared to accept…

their home over these 6 years. With interest rates still amazingly low it creates a very attractive market for those individuals ready to be homeowners again. This pool of buyers, referred to as “Boomerang buyers” do have options to get into a home of their own. Among these options are Rent to Own, or a lease purchase, Owner Finance, short term private investor purchase, family members, or conventional mortgage depending on credit score and length of time that has lapsed since their short sale…

1. (a) Going through Naiker’s case, we will be concluding if there is an enforceable contract or there is not an enforceable contract. In Naiker’s case, Ahmad is the offeror and Naiker himself is the offeree. Basically, Naiker somehow developed an interest in playing the piano, and he wanted to purchase a second hand piano for learning purposes. Ahmad knew about it and he decided to post an offer by letter to Naiker to sell his piano on Monday 2 June stating, “Good quality piano for sale $2,500.…

actually practicing free will, or if certain underlying forces are nullifying a person’s right to a complete free will, or if there are unseen motives that facilitate the actions of the inmates. The Angola Rodeo is an exploitation and a wrongful contract in ways that there is unequal bargaining position and racism. The Angola prisoners do have the right to the freedom of labor, as written in the Constitution, regardless of the possible threats it may pose to the enjoyment…

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…

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…