Describe three exceptions to the general rule that an illegal bargain is void.
Q: Discuss and explain the five types of contract damages
A: The term damages simply refer to certain monetary amounts or a fixed sum of money which are provided…
Q: Explain the dangers of entering into a contract with someone who is under 19 years old where you are…
A: Note: The answer has been framed in a generalized manner.A contract serves as a binding legal…
Q: Discuss five (5) circumstance each, that could cause termination or renewal of contract between two…
A: The objective of this question is to identify and discuss five circumstances each that could lead to…
Q: explain who might breach a contract because of malpractice
A: A contract is an agreement between two or more persons and that is enforceable in law. It has an…
Q: Marigold finds her dream home in the Rocky Mountains. She wants to buy it but is unsure whether she…
A: The objective of the question is to identify the type of contractual condition that Marigold has…
Q: Discuss the six main remedies of breach of contract in business law
A: Change order correctly minimizes the risk, improves its chances of approval, and also helps get…
Q: Facts: On February 1, 2004, Buyer entered into a contract to buy Seller’s house in Las Vegas for…
A: The enforceability of a modification to an original contract is dependent on specific legal factors…
Q: A voidable contract Multiple Choice O O O Allows the parties to enforce it if they wish Does not…
A: Contracts are legally binding agreements that require the consent of all parties involved. However,…
Q: Define the term "unconscionable" and describe the effect of an unconscionable contract.
A: Unconscionable: Unconscionable defines that unusually harsh and shocking to the…
Q: In Melodee Lane Lingerie Co. v. ADT Co., the service contract's limitation of liability clause was…
A: A limitation of liability clause is a contractual term that restricts the amount of money or damages…
Q: Jim is a 15-year-old boy living in London. Briefly explain to Jim the legal position arising from…
A: “Legal position" refers to the legal rights, responsibilities, and consequences that arise from a…
Q: In exchange for $400,000. Clarissa offers to recreate a scene from the musical, "Annic," in business…
A: Legal principles, which are derived from legislation, cases, and ethical foundations, are the…
Q: Performance (fulfillment of purpose), expiration, destruction or condemnation, death,…
A: The question is asking about the types of agency termination and the reasons behind them. Agency…
Q: If one party to a contract uses any form of unfair coercion to induce another party to enter into or…
A: True.
Q: Three cases have been presented to your law office. In each case, your client believes the other…
A: Law plays an integral role in making the judgements related to complex situations. It helps in…
Q: Spritz signs a contract that says that she will paint a mural of her friend Hecuba in exchange for…
A: In this scenario, Spritz signs a contract to paint a mural of her friend Hecuba in exchange for…
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- which of the following is considered an Unfair Trade Practice under Florida law? A) Abandonment B) Coercion C) Consequential Damage D) WaiverIs obligating the breaching party to comply with the terms of a contract in addition to paying reparations an equitable relief mechanism called specific performance?What is the main difference between contracts discharged due to operation of law and contracts discharged due to acts of the parties? Discharge due to acts of the parties never requires court intervention, whereas discharge due to operation of law always does. Discharge due to operation of law reflects at least one party's intent, whereas discharge due to acts of the parties doesn't necessarily reflect either party's intent. Discharge due to acts of the parties is legally binding, whereas discharge due to operation of law is not. Discharge due to operation of law doesn't necessarily reflect either party's intent, whereas discharge due to acts of the parties reflects at least one party's intent. 11 XIR Submit > 17
- What is the basis for enforcing a contract under the doctrine of promissory estoppel?Which of the following is true regarding whether the buyer and seller may negotiate contractually for a shorter time period to sue for breach of contract than the statute of limitations period ordinarily recognized by the Uniform Commercial Code? Multiple Choice The buyer and seller may not negotiate for a shorter time period to sue for breach of contract, instead, they must recognize the statute of limitations period established by the Uniform Commercial Code. Without limitation, the buyer and seller may negotiater a shorter time period to sue for breach of contract than the statute of limitations period ordinarily recognized by the Uniform Commercial Code. The buyer and seller may negotiate for a shorter time period to sue for breach of contract than the statute of limitations period ordinarily recognized by the Uniform Commercial Code, so long as the contractually-agreed-upon time period is not for less than one year. The buyer and seller may negotiate for a shorter time period to…Amanda and Emilia are co-directors and members of Griffin Pty Ltd, which imports widgets from Vietnam and sells them in various hardware stores in regional NSW. Griffin has a medium-sized warehouse where it stocks goods, and from which it distributes products. Griffin recently signed a contract to supply a large hardware store in Orange and Dubbo with widgets. So the company ordered 10 pallets of widgets from its Vietnamese supplier and also paid a substantial deposit. A shipping company who carries goods into Australia has already brought the pallets into the country and has sent their bill to Griffin. After a couple of deliveries to the hardware store, a safety issue is discovered with the widgets and the government bans the sale of the widgets. the hardware store cancels all further orders of the widgets. Now, Griffin has no future revenue and its remaining stock of widgets cannot be sold. The shipping company is demanding payment of its invoice; there are also several…
- Marigold finds her dream home in the Rocky Mountains. She wants to buy it but is unsure whether she can get a loan. She signs a contract with the seller that she will buy the home provided that she can obtain a loan. Marigold also includes a clause in the contract with the seller stating that if she loses her job before the date the purchase contract is signed, the seller will release her from any obligation. After obtaining a loan and buying the home, Marigold decides she wants to have new windows installed. She enters into a contract with a window contractor. The window contractor visits the home, but never finds Marigold there. The contractor makes several attempts to reach Marigold, but Marigold does not return phone calls and makes no attempt to assist the contractor in arranging the window installation. What is the provision that the seller will release Marigold unless she is able to obtain a loan called? An exculpatory condition A condition precedent A condition…Mr. Oliver entered into contract with his friend Mr. Green to transport some material in two weeks’ time. About a month before the delivery was to be made, the material was banned by the legislature, and so delivery was not possible. Mr. Green could have been arrested by the police if he was caught delivering the goods, but he delivered it anyway. Mr. Oliver refuses to pay. i. What can you say about the contract Mr. Oliver and Mr. Green entered into? ii. Should Mr. Green have made the delivery? why or why not? iii. Can Mr. Green enforce payment? why or why not. iv. What was the impact of the legislative action on the contract?Samantha signs a contract to buy a brand-new unit in Kogarah. The contract is subject to an extended settlement period of 120 days. Samantha, through her solicitor, transfers the 10% deposit to the vendor’s solicitor and then speaks with her mortgage broker about obtaining a loan. While all this is going on, Samantha sells her own unit in Oatley. She intends to use the money realised from the sale of the Oatley unit to pay the balance of the purchase price of the Kogarah unit. A problem arises when Samantha’s unit does not sell by the expected date. Samantha needed to secure short-term finance at an almost exorbitant interest rate just so she can buy the Kogarah unit. Samantha consults her solicitor, who advises her that she can sue the buyer of her Oatley unit for breach of contract and ask for damages including the additional interest charges she incurred. Is Samantha’s solicitor correct? Explain pls