Al contract negotiations limitat
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- QUESTION 1 Part A Anima Ltd is a small company involved in the construction industry. Although Anima Ltd has not yet developed a detailed plan to restructure the business, an internal management decision was taken in early December 2018 to begin the process of downsizing its operations. As a result of this decision Anima Ltd offered retrenchment packages on 15 December 2018 to 3 of its employees (Klein, Cain and Blessing). The offer of these retrenchment packages is legally binding on the entity for 6 months from the date of offer, after which the offer expires. Shortly after the end of December, a fourth employee Donbrei approached management and requested a retrenchment package. At Anima Ltd’s financial year ended 31 December 2018:- only one of the three employees Klein took up the retrenchment package, while- the remaining 2 employees Cain and Blessing were still considering their options, and- the entity had agreed to retrench the fourth employee Donbrei.Additionally, Anima Ltd…Question 25 A buyer is entitled to the remedy of specific performance when: the contract requires delivery in installments. the contract is for goods where the price is $500 or more. the contract is for unique goods. the contract is between merchants.Contract Management and Administration Case Analysis: Auditing Agencies Unearth Procurement Scam Two government auditing agencies have unearthed serious irregularities in the procurement of relief items worth Shs10b. Two forensic audits by the Office of the Auditor General (OAG) and the Public Procurement and Disposal of Assets (PPDA), dated September 7, 2021, and April 12, 2022, respectively, put senior officials on the spot for allegedly causing financial losses to the taxpayer. Copies of the findings seen by this newspaper point to alleged forgeries, collusion between some officials and suppliers, and failure to adhere to key critical procurement regulations. Our analysis of a cache of official documents of the contentious procurements, which dovetails with findings by government auditors, shows that contracted companies supplied items without a contract specifying quality, leading to the delivery of substandard items. The auditors found some officials culpable of undertaking…
- Define Robinson-Patman Act?1. What is sale of goods contract. 2. What is express of sale of goods contract. 3. What is implied terms in sale of goods contracts.A contract creates Question 7Answer a. only rights and no obligations, b. rights in rem, c. rights in personam, d. only obligations and no rights