Have you ever agreed to a waiver of liability and assumption of risk? If so, what was the context? Was it express or implied? Considering what you know about exculpatory clauses and assumption of risk, do you think it was appropriate (given the context)? Was it necessary?
Q: Every transaction in business creates a contract (agreement) between the parties. To determine…
A: A contract is an arrangement that establishes a legal obligation or liability between two or more…
Q: What is the difference between a contract of sale and a contract to sell?
A: A contract is a file that legally joins the parties to conformity to perform mutual obligations.
Q: How is performance under a contract determined to be sufficient to discharge the duty to perform?
A: Performance in law is act of doing that which is required by a contract. Each party who has signed…
Q: What is the most likely status of the contract for the scenario? Jena is contracting with Brigham…
A: Contract It is a written or spoken arrangement, particularly one involving work, purchases, or…
Q: What is contract? Discuss the essential of a valid contract?
A: Contracts are an integral part of business and personal transactions, as they provide a legally…
Q: What are the advantages/disadvantages of the UCC? Describe how the UCC makes (or does not make) a…
A: Uniform Civil Code (UCC) is characterized in the Article 44 of Directive Principles of State policy…
Q: What is the nature of contracts?
A: A contract implies an arrangement, which is enforceable by law. An understanding comprises of…
Q: Which of the following must a person prove to enforce a lost, stolen, or destroyed instrument? who…
A: When an important legal instrument, such as a check, promissory note, or other negotiable document…
Q: In which of the following situations would an offer to enter a contract terminate (CHOOSE ALL THAT…
A: A contract shows the written or oral agreement between the offeror and offeree to comply with the…
Q: What is Contract in business law and why is it important?
A: Contracts are a fundamental aspect of business law that involves legally binding agreements between…
Q: What is a release of liability clause (exculpatory clause)?
A: A release of liability clause, often referred to as an exculpatory clause, is a legal provision…
Q: If a contract was found to be ambiguous, would you rather be the person who wrote the contract or…
A: Law plays an integral role in making the judgements related to complex situations. It helps in…
Q: Hello! In the case study you referenced, John is trying to sell his bike, and Emily is willing to…
A: Binding Contract:It is any agreement that legally enforceable..In case of a binding contract if it…
Q: Ruby is a homeowner with a mortgage loan. She's been missing payments, and recently received a…
A: The question asks about a scenario where Ruby, a homeowner with a mortgage loan, has been missing…
Q: In which type of Contract is there a "lack of meeting of the minds?" a) Bilateral b)…
A: Note: According to our instructions, only three questions can be answered at a time. Meeting of the…
Q: Which of the following is correct about implied and express contracts? Implied contracts can be…
A: Contract law effectively establishes the process of agreement development, implementation, and…
Q: Can schools or colleges be liable for breach of contract?
A: Introduction: Breach of contract means not delivering properly as per the given promises. A contract…
Q: Questions 16 and 17, please
A: Contract is a legally binding agreement which can be entered between two parties in an arms length…
Q: What is the Statute of Frauds and to what type of agreements does it apply?
A: The Statute of Frauds is a legal principle that originated in English common law and has been widely…
Q: What are some of the advantages of creating contingency contracts? What are some of the…
A: Below is the solution:-
Q: Let's say that the owner of a home says "come over next Wednesday to mow my lawn and every week…
A: A contract is an agreement between two parties having a valid offer and acceptance and must be…
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: What are the key elements of a valid contract, and what remedies are available for breach of…
A: A valid contract is a legally binding agreement that involves the mutual exchange of promises or…
Q: When would an agent risk breaching a fiduciary duty?
A: A Person who is legally bound to put another's interests ahead of their own is a fiduciary person. A…
Q: Contracts are very important in today’s world. The courts use the Objective Theory of Contracts to…
A: I agree with the statement that the Objective Theory of Contracts can be too narrow and that the…
Q: .A retired businessman who owned a track of land was approached by a real estate agent, who is…
A: Note: As per bartleby guidelines in case multiple questions are asked by the students then the…
Q: Is it better to have a single set of rules for all types of contracts, or does it make sense to have…
A: Mutually recognized and agreed-upon legal arrangements between two or more parties are known as…
Q: What are the potential risks and liabilities associated with breaching a contract, and how can…
A: Contracts are legally binding agreements between two or more parties, which specify the terms and…
Have you ever agreed to a waiver of liability and assumption of risk? If so, what was the context? Was it express or implied? Considering what you know about exculpatory clauses and assumption of risk, do you think it was appropriate (given the context)? Was it necessary?
![](/static/compass_v2/shared-icons/check-mark.png)
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
- What kind of argument is present when the premises of an argument do not lead to the conclusion?Sue Flay's Cakery promises to pay Oscar Ruitt not to park in a city-designated no-parking zone in front of her store. This agreement is: (Choose all of the correct answers.) Not enforceable because Oscar Ruitt has no legal right to park in a city-designated no-parking zone Not enforceable because Oscar Ruitt never made any enforceable promise to Sue Flay's Cakery Not enforceable because Oscar Ruitt is merely making an illusory promise Enforceable because Oscar Ruit is giving up the right to do something he would otherwise have the right to do Enforceable because Sue Flay's Cakery is offering legally sufficient consideration to Oscar RuittWhat are the main elements of a valid contract and how do they contribute to the enforceability of a contract under business law?
- Your auto insurance company has offered you a 15 percent discount (roughly $200 per year) if you agree to let them install a sophisticated vehicle event data recorder (EDR) in your car. You have read over the terms of the agreement and discover that if you are involved in an accident, you must agree to let the data from the device be collected and analyzed by a third-party accident investigation firm. You must also agree to let findings from this analysis be used in a court of law. What questions would you want answered and what advice might you seek before deciding whether to accept this discount offer?What are the key elements of a valid and enforceable contract, and what remedies are available in case of contract breaches?which of the following is considered an Unfair Trade Practice under Florida law? A) Abandonment B) Coercion C) Consequential Damage D) Waiver
- You are President and CEO of Apex Business Systems, Inc. (Apex). Apex, through its purchasing agent, bought a new microwave from Inki Appliances Company (Inki) who sells microwaves on a daily basis. There was no written or oral warranty given when the sale was made. The microwave stopped working one week after it was placed it in the company kitchen. Assume also that nobody misused the microwave or in any way caused it to quit working. The purchasing agent returned the microwave three days after it quit working. The owner of Inki refused to repair or replace the microwave or offer a refund. Prepare a demand letter to be sent to Inki.Should FedEx be liable for the alleged loss of valuable rare coins when FedEx did not know what the package contained. Rykard v. FedEx Ground Package System.Contracts are meant to be broken. What happens when you breach a contract? Find a case and explain what went wrong with the contractual situation, what was the outcome and the remedy. Did the Parties need to mitigate damages? How would you have handled the situation to avoid the outcome of breach? Are you in agreement with the outcome? Why? Remember to cite the case name and give us a factual background as to what happened.
- 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 > 17PLS HELP ASAPWHAT IS THE MEANING OF THE OBJECTIVE THEORY OF CONTRACTS AND HOW DOES THE OBJECTIVE THEORY OF CONTRACTS RELATE TO CONTRACTUAL INTENT?