There are certain promises that are not considered consideration. As a business owner or stakeholder, how can you ensure that your contracts are enforceable? Think back to the Lambert case that we discussed in the Lambert v. Barron case. What should Lambert have done differently? https://caselaw.findlaw.com/la-court-of-appeal/1241354.html
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- As a business owner or stakeholder, how can you ensure that your contracts are enforceable?
- Think back to the Lambert case that we discussed in the Lambert v. Barron case. What should Lambert have done differently? https://caselaw.findlaw.com/la-court-of-appeal/1241354.html
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- please read the chapters indicated at each AREA below and then post three (3) things you learned about Negotiable Instruments, three (3) things you learned about Agency; and three (3) things you learned about Employment Law (see below for full instructions.) Negotiable Instruments/Agency/Employment Law Area A: Negotiable Instruments: Chapter 25 Area B: Agency: Chapters 32 and 33 Area C: Employment Law: Chapters 34 and 35Peter and Donald disagree on the interpretation of a business contract. Peter believes Donald owes him $20,000 and Donald believes he owes nothing. Peter believes he (Peter) has a 60% chance of prevailing. The cost of litigating is $2,000 each. Donald is 100% certain that he (Donald) will prevail. Which of the following statements are true? O This case will not settle because Peter and Donald have different expectations about who would win in court. O The case can settle with Donald paying Peter $9,000. O The case can settle with Donald paying Peter nothing. O The case can settle with Donald paying Peter $2,000.‘A holder in due course gets a better title free from equities’. Explain the statement and discuss the various privileges of a holder in due course.
- What happens if the pledgor defaults on their obligations in a pledge agreement? What remedies are available to the pledgee?How does the concept of constructive bailment arise and what are its implications in legal cases?James is looking to enter into a listing contract with Mary to sell her house. The two are trying to come to an agreement on what type of listing contract to use. What type of listing contract will offer James the least amount of protection? O An open listing agreement since it is a unilateral contract. O An exclusive Right to Sell agreement since it is a bilateral contract. O An Exclusive Agency agreement since the owner can still find a buyer themselves O An Exclusive Agency agreement since it is a unilateral contract.
- A unilateral mistake occurs when a. both contracting parties share the same mistake. b. one party enters a contract under a mistaken assumption. c. one party makes a factually incorrect statement. d. one party makes false statementsto induce the other party to contract while knowing the words are false or being uncertain that they are true.can you tell and explain me exactly, what is the probable outcome of Caspers’s suit against Daniella?Jeremy is looking for assistance but NOT representation - not even limited representation - while buying his next home. All he wants is a licensee to facilitate the transaction honestly and fairly, disclosing any known facts that are not readily observable that could materially affect the value of any property looked at. If the licensee would do that, Jeremy would be perfectly happy to look out for his own interests and negotiate this deal on his own. Select the agency relationship you think is the BEST fit for Jeremy. single agent transaction broker designated agent
- A school of thought is of the view that a limited liability company is said to be best in respect of setting up a business, others are of the opinion that a limited liability just shifts the burden of the failure of business to a non-existent person called a company and its creditors.a) with the aid of the Company’s Act 1960, Act 179 and decided cases, discuss what is termed as a limited Liability Company b) According to case law and statute, at what time is a company liable for acts committed byits directors. c) Discuss the Mechanics of Incorporation d) Explain the Ultra Vires PrincipleBailey is a limited partner in his company. A general partner in his company is going on an extended vacation and has asked Bailey to run the company while he is gone. If Bailey agrees to do so, he will no longer qualify as a limited partner. ( a) True b) False1. Provide a bibliography for the following citations below. a. CONTRACTS: BASIC PRINCIPLES. (n.d.). https://www.shsu.edu/klett/CONTRACTS%20BASIC%20PRINCIPLES%20ch%2010%20new.htm b. Martella, M. H., Esq. (n.d.). ELEMENTS OF A CONTRACT | Law 101: Fundamentals of the Law. https://courses.lumenlearning.com/suny-monroe-law101/chapter/elements-of-a-contract/ c. Boots v royal pharmaceutical society. (n.d.). https://groupecomes.com/amadeus-broadway-goaaxfw/boots-v-royal-pharmaceutical-society-2f0a8f