“The parties to an executory contract are often faced, in the course of carrying it out, with a turn of events which they did not at all anticipate – a wholly abnormal rise or fall in prices, a sudden depreciation of currency, an unexpected obstacle to the execution, or the like. Yet this does not in itself affect the bargain which they have made…” (per […]

Introduction In the new technological era businesses and consumers are capable of entering into international contracts anywhere in the world.[1] Whilst this is beneficial in advancing the economy, the potential for cross-border disputes is increased significantly. There are many inherent risks associated with e-commerce, yet two key legal issues frequently arise. These are; 1) the determination as to which legal system should govern the transaction; […]

Given the honored and extensive authority that the social contract theory upholds, the supposition still endures various assessments. The view that people’s ethical and political responsibilities are reliant upon a contract between them to structure a society is also precisely linked with current ethical and political theory. John Locke (b. 1632, d. 1704), a prominent truth-seeker among other professions of the 17th and early 18th […]

The Cost Analysis for Decision Making project is intended to be a comprehensive evaluation of the key objectives covered throughout this course. It will challenge you to apply your knowledge of cost information when evaluating the decision to make or buy a product. Please use this outline and grading rubric as a guide to completing your course project. It provides specific details of the required […]

Aspects of Contract and Negligence for Business (ACNB) LECTURE 6 TOPIC: Exclusion Clauses Aim: to explore the legal effects of exclusion clause in contracts Objectives I. Meaning of exclusion clause II. Describe and apply the two main legal requirements governing the legality of exclusion clauses in contract a) Common law rules/controls- judicial process b) Statutory rules /controls WHAT IS AN EXCLUSION CLAUSE? An exclusion or […]

Seminar 9 – Remedies for Breach of Contract Reading: George Sheens and Lo Wee Ling (des), Principles of Singapore Business Law (“ESP.”), (Coinage 2013), Chapter 18. We will concentrate in class mainly on Damages. Note that ESP. chapter 18 addresses the topics in a different order from this Outline; we will in general follow the order of the Outline Note: References below to Poole are […]

Compare and Contrast If I had to pick a world over my society and Jonas’ Society I would pick Jonas’s world. The reason I would pick Jonas’s world because one, in our world we get to pick or spouses but yet 50% of the time spouses get divorced. In Jonas’s world we are chosen a spouse by the committee and they will match us with […]

Contract of sale Table of content 1. The seller’s duty to protect 2. The seller’s duty to deliver 3. 1 The meaning of delivery 3. 2 How delivery occurs 3. The seller’s ability for latent defects 4. 3 General principles 4. 4 Requirements for liability 4. 5 Scope of the seller’s liability 4. 6 Waiver at the time of conclusion of the agreement 4. 7 […]

In You Are a Contract Painkiller (1997, p. 111), author Maureen Littlejohn makes extensive use of personification to describe the functioning of Aspirin in our body, its various properties to fight pain, and its evolution over the years. Littlejohn describes how Aspirin claimed celebrity status as one of the world’s most popular, inexpensive painkillers by relieving headaches, sprains, blows, burns, swelling and fever. Furthermore, she […]

In earlier days, agreement was built on a very classic and simple basis: it is concluded at the moment that the acceptance of an offer takes place and that is all. In consequence, equal parties were non-existent and stronger parties had the possibility to impose unfair and domineering conditions upon those who were weak and vulnerable. It is in this context that both legislations and […]