Voidable

The contract would be voidable due at the time of the contract being signed my son was 17 years of age and in the State of Alabama is considered a minor. According to Alabama Code, “a minor is an individual who, became of age, lacks the capacity to contract under Alabama law…

1. “ A contract is an agreement which gives rise to, or is intended to give rise to, a binding legal relationship or which has, or is intended to have legal effect.” A contract can be a bilateral or multilateral agreement. It can be gratuitous (when only one side of the contract has to be preformed) or onerous (when both are). It is formed when there is consensus in idem, known as a “meeting of the minds” between the parties. This means that all parties must agree on the same terms of the…

In today 's world, international commercial arbitration has become the effective mechanism to resolve disputes between foreign parties, especially in the business community. Besides, nowadays many parties turn to use the arbitration proceeding as an optional method for solving the conflict instead of litigation. This is because the parties need to escape from the national courts, which may postpone procedural dispute. Compared with the arbitration procedure that offers more flexibility,…

Policing in Canada has progressed since the Code of Hammurabi in 1200 BC. The first police force was founded, and organized by Sir Robert Peel, where he came up with nine principles that police officers should follow (Griffiths, 2015). One of these principles were that “police [should] maintain public favour by constantly demonstrating absolute impartial service, not by catering to public opinion” (Griffiths, 2015, p. 29). As a result, police officers should not be affected by the opinions of…

Introduction to Zara - (Inditex) Zara is Spanish owned designer wear retailer based in Arteixo, Galicia. Zara was founded in year 1975 by Amancio Ortega and Rosalía Mera. Zara is the flagship store of the Inditex (Industria de Diseño Textil, S.A) Group. Inditex group claimed to be the largest apparel retailer in the industry which own some of the world’s famous brands such as Massimo Dutti, Pull and Bear, Oysho, Uterqüe, Stradivarius, Zara Home and Bershka after Zara was formed. The group…

The case of Tommy Takem, the owner of Takem’s Appliances & Electronics, LLC against 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…

Contract is an agreement between two or more parties that is indented to be legally enforceable. A contract can be in writing or made orally and can be entered into by signing a document, agreeing to something on the telephone or clicking on ‘I agree’ on a web page. There is a distinction between B2B (also know as, business to business) and B2C (business to consumer) contracts. In its simplest form, B2B refers to transections between two businesses where both the buyer and the seller are…