)Unlike an arbitrator, a mediator has the power to make a final decision. true or false
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32)Unlike an arbitrator, a mediator has the power to make a final decision.
Mediation is the process by which the parties who are in-contract somehow try to resolve the dispute between them.
The mediator is the third person who tries to solve the disputes between the parties who are in conflict.
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- An offer can be defined as an intimation of words and conduct, with a desire to enter into a binding arrangement. It is argued for an offer to be effective, the terms of the offer must be clear, precise and unambiguous. Critically discuss this statement, with the following requirements;Case: Ramsgate Victoria Hotel v Montefiore [1866] 2. State clearly • The issue• Basic facts of the Cases• The JudgementToshiba Corporation, a Japanese electronics and engineering conglomerate with headquarters in Tokyo, produces a wide range of products, including personal computers, semiconductors, consumer electronics, household appliances, and nuclear power plant systems. The company also provides an array of services, such as those focused on information technology, communications, and nuclear reactor construction and operation. In May 2015, Toshiba formed an outside panel to investigate potential accounting irregularities at the company. The formation of such an outside panel is an accepted procedure for companies in Japan, where corporate boards of directors are composed primarily of company executives, with few independent outside directors. An outside panel is typically formed to investigate matters that may involve improprieties by senior managers and executives. Toshiba's CEO, Hisao Tanaka, resigned in July 2015 when the investigation uncovered that he was aware that Toshiba profits had been…An offer can be defined as an intimation of words and conduct, with a desire to enter into a binding arrangement. It is argued for an offer to be effective; the terms of the offer must be clear, precise, and unambiguous. Critically discuss this statement, with the following requirements:Case: Harvey vs Facey [1893] 2. State clearly • The issue• Basic Facts of the Cases• The Judgement
- Sometimes an issur with a property is discovered during the pre-closing stage. Buyers may be willing to accept deficiencies if they an compensate through a price reduction. Which of the following is correct regarding adjusting a purchase price to offset a deflciency.Select one: O. The value of the price adjustment may become a matter of negotiations between the parties. O. A new agreement of purchase and sale must be drafted and signed to finalize the price adjustment. O. A formal appraisal is always required to determine the adjusted purchase price. O. Buyers are contractually obligated to negotiate an adjusted purchase price.Solve this question with steps please. The subject is legal environment of business (BUS 156).Clay and Roan are negotiating the sale of Clay's car to Roan. Roan tells Clay he needs a little time to consider the last offer Clay made. A week later, Roan emails Clay, "I accept your offer." Clay and Roan a. have a valid contract because Clay did not specify the method of acceptance and accepting via email a week later is reasonable. b. do not have a valid contract because accepting a week later is an unreasonable lapse of time. c. do not have a valid contract because accepting via email is an unreasonable manner of acceptance. d. have a valid contract because they were in the middle of negotiations.
- Forward and future contracts are considered trade agreements. a. True b. FalseIf a minor purchase a $150.00 pair of designer blue jeans the merchant may be unable to enforce this contract because: a) the jeans were a necessity. b) clothes are a statutory contract. c) designer jeans are a luxury. d) only emancipated minors wear jeans. 2. An adult who intentionally drinks so much liquor as to have their judgment impaired will a) easily defeat a contract they entered in to while drunk b) have no chance of winning under any circumstances. c) probably lose, voluntary intoxication is usually a poor defense. 3. Which of the following must a person possess to have contractual capacity? a) Comprehend the nature of the Contract b) Comprehend the purpose of the Contract c) Comprehend the consequences of the Contract d) All of the above are requiredPlease answer with explanation and care of plagiarism please i give up vote
- Phillip is a broker who was hired by Sam to help him find a new investment property. Phillip identifies a property that fits Sam's investing criteria. Sam asks Phillip to do some research and provide him with an opinion of title on the property. Is Phillip permitted to do this? ○ No. This would be considered an unauthorized practice of law. No. Phillip needs his sales associates license in order to issue an opinion of title. Yes. Brokers are always permitted to issue an opinion of title. Yes. As long as Phillip notifies FREC, he can issue an opinion of title.An offer can be defined as an intimation of words and conduct, with a desire to enter into a binding arrangement. It is argued for an offer to be effective, the terms of the offer must be clear, precise and unambiguous. Critically discuss this statement, with the following requirements;Case: Dickinson v Dodds [1876]2. State clearly • The issue• Basic facts of the Cases• The JudgementCase: Ahmed, who was admitted to a hospital, was required to undergo surgery. Before his operation, he agreed to sell his house which was already listed for sale, to his doctor for Rs. 9.7 million. The market price of the house was Rs. 10 Million. After a successful operation, Ahmed rescinded the agreement alleging “Undue Influence” by the doctor. Can he succeed? Yes or No? Justify your answer keeping in view the ingredients of undue influence as laid down in Contract Act, 1872.
