Tender offer

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    intention to create legal relations. Advertisement is an invitation to treat and mere supply of information is not an offer. Catalogues are invitations to treat even when the word "offer" or "offers" is used in the advertisement. Agreement is made up by offer and acceptance, it has to be a valid offer and acceptance. Television on display is also an invitation to treat and not an offer, According to the case: Pharmaceutical Society of Great Britain v Boots Cash Chemists Ltd. When a widescreen…

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    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…

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    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’…

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    The Geneva Protocol (Articles 2) dealt with the arbitral procedure and provided for the procedure, including the constitution of the Arbitration Tribunal, to be governed by the will of the parties and by the law of the country in whose territory the arbitration takes places. The Geneva protocol required each contracting state to .undertake to ensure the execution by its authorities and its accordance with the .provisions of its national laws of arbitral awards made in its own territory two…

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    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 party who the offer is made out to (Goldman and Cheeseman 492). An example of this can be seen in an auction where the auctioneer is the is the offeror and the person bidding is the offeree. The offer would be along the lines of…

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    Chanel

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    Introduction There are two issues on which Stephanie requires advice - whether the barge is a chattel or a fixture and whether there is a valid contract in place between herself and Wangle. If the barge has become a fixture of the land and the contract meets all the necessary formalities, then Stephanie may have a legal right to the barge and may have a cause of action against Wangle if he refuses to go through with the transaction. Distinguishing between Chattels and Fixtures The Law of…

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    When people think of compromise, they normally think of an agreement. In this agreement, the two parties usually have to give up some interest and move toward a middle ground. “The Compromise of 1850 was an attempt to try and find a middle ground on many of the issues that were affecting the United States” (Compromise of 1850). “The main principle of the compromise was to address the growing issues of slavery and possibly avoid a Civil War in the United States” (Urofsky). Sometimes, however,…

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    Qard-Ul-Hassan Case Study

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    The Islamic Solution (Qardh-Ul-Hassan) Qard-ul-hassan (QH) is a voluntary loan without the lenders expectation of any payback principal. Furthermore, at the same time as, the nonpayer an obligation to return the principal, the lender is urged, according to a number of the sayings of the Prophet (pbuh), not to press the debtor if he/she is unable to repay at the specified deadline. For example, verses (2:245, 5:12, 11:57 18:57, 17:64 and 20:73) in the Quran explain in detail about those issues.…

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    Chopra V. US: Case Study

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    information provided to us readers. Once the court is presented with the case of Chopra v. U.S. Professionals, officials can determine that it is most certain that a breach of contract has taken place, especially since USP extended Mr. Chopra the employment offer on an H-1B visa. 2. And Why? According to the textbook, breach of contract is defined as, “Being established by a failure to live up to binding promises, regardless of intent. Breach of contract claims involves promises made about…

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    Contract Law

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    not hear back from HyunA, she made other plans. The issue at hand involves a close analysis of consent, and its factors involving offer and acceptance. A contract is an agreement by two or more parties…

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