Contract Essays

The social contract is an important agreement between the ruled and rulers in organized societies. This agreement, which is embedded in the constitution of democratic societies, influences societal behavior and establishes personal rights and responsibilities. Government policies, acting as plans to achieve desired outcomes, have a significant impact on the social contract. The state exists […]

Subject: Galt Contracting 1) What are the advantages and disadvantages of paying tree planters on a piece-rate system? On a flat-rate system? Advantages of the piece-rate system: The tree planters work hard because they are paid a certain amount of money on each piece of tree planted. The experienced tree planter plants up to 1300 […]

INTRODUCTION. At Malaysia,public already known that all business either small or huge,there are one systems or specifically words or most suitable called Contract Laws. All conditions among two or three or more sides are include under the Contract Laws 1950 where its take as a guidance or as assistant to make sure there are no […]

Fisher–General Motors and the Nature of the Firm After working well for more than 5 years, the Fisher Body–General Motors (GM) contract for the supply of automobile bodies broke down when GM’s demand for Fisher’s bodies unexpectedly increased dramatically. This pushed the imperfect contractual arrangement between the parties outside the self-enforcing range and led Fisher […]

Part A The main issues are whether or not the court would consider that the restrictive covenant in issue is void for contrary to public policy. The relevant legal principles are: A covenant must be no wider than is necessary to protect the legitimate interest of the employer. Attempting to stifle competition is impermissible and […]

Self-Management Behavioral Contract I , hereby agree to the following Management Behavior Contract, to encourage the positive behavior. This contract provides the following: ? Self-Directing Plan for change ? Specific Goal or goals ? Target Behaviors ? Agreement of monitoring these goals ? Time frame in which goals will be met Once these goals are […]

Responding to contractors’ selection problems in construction projects with prequalification model abstract selecting a contractor for a construction project has been shown to be directly related to the success or failure of the entire project and the client’s value for money. It was observed that the wrong choice of a contractor will certainly impact the […]

Contracts between vessel owners and charterers concerning the water transportation of goods are technically known in admiralty law as “contracts of affreightment”. The charterer agrees to pay a freight charge for cargo space. The voyage, amount of cargo space, and time of delivery will all be covered by the contract. One common type of contract […]

Jamie Turner Case Study Problem Statement Jamie Turner and Pat Cardullo of Modern Lighting Industries, Inc need to recognize and address their interpersonal issues that have created a disconnect between them and throughout the whole MLI workforce. Hypothesis 1. Jamie Turner and Pat Cardullo have very different assumptions and expectations for Turner’s new position and […]

Virgin Mobile targets the 14 to 24-year-olds market. The case lays out three pricing options. Which option would you choose and why? I would go for option number two for several reasons. The first one is that I think offer number one is not sufficiently different from the rest of the market. The price positioning […]

INTRODUCTION AND RATIONALE OF QUASI CONTRACTS Under the general heading of the Quasi contract there has been grouped a number of cases which have little or no affinity with contract. A simple illustration is afforded by the action to recover money paid by mistake. If the plaintiff on an erroneous interpretation of the facts, pays […]

The concept of insurable interest and the alleged need under Scots law for the requirement of insurable interest by the insured in an insurance policy, have recently come under scrutiny. Why is this, and what should be done about the problems arising from the requirement for insurable interest? How realistic are the proposals for reform? […]

Contracts Participation contracts can represent financial opportunities in many ways for providers as these contracts define what the providers’ responsibilities are within the medical relationship. Though one may argue that providers can only benefit from participation contracts when the insurer does not require write offs however, there are other financial opportunities such as increased revenue […]

As the manager overseeing thirty security response officers, I was informed by one of my officers about an incident at the front of the building. A female individual wanted to use the restroom before opening hours but was denied entry by our officers. Our client, a local government entity, strictly enforces access and weapons control […]

Corwin Corporation had become a renowned international manufacturer of low-cost, high-quality rubber components, generating $150 million in annual revenue. It offered a diverse range of over a dozen product lines, which were readily available in department stores, hardware stores, and automotive parts distributors. The distinguished brand name “Corwin” had become synonymous with exceptional quality. As […]

According to the Bureau of the Census, there has been an increase in the number, range, diversity, and earning power of women-owned small businesses (WOSBs). These WOSBs have a significant impact on America’s economy as they expand their companies and contribute to the overall expansion of the national economy. The Department of Defense (DoD) awards […]

The restrictions for a public company to commence business include ensuring that certain conditions are met. These conditions are: a) the minimum subscription amount has been allotted to shares in cash, b) each director has paid the full amount for their shares in cash, c) there are no outstanding repayment obligations for shares or debentures […]

When doing a business, a contract is usually needed. Since a contract is an agreement, therefore, for a contract to exist, the parties must assent to the transaction. Assent usually takes the form of offer and acceptance. An offer is defined by Treitel as “an expression of willingness to contract on certain terms, made with […]

It has been known for major companies to be in the light of the court for breach of contract. Depending on the stipulation of the contract most companies end up losing, but it is solely based on what the contract states. For example, in the matter of Grocery v. Masterpiece, (Specific performance, 2008) as a […]

The Financial Accounting Standards Board (FASB), a professional group in the US, sets and communicates financial accounting and reporting standards called Generally Accepted Accounting Principles (GAAP). The Securities and Exchange Commission (SEC) regulates these authoritative standards. Their role is vital in ensuring transparent, credible, and easily understandable information for efficient markets. The purpose of this […]

Bate proposes a wide range of risk appetite concepts as the perfect remedy for the many risks that businesses find themselves especially during tough economic times. According to Bates, the businesses survive better when they lay down the proper strategies about how they wish to operate within the existing risks. Siemens Company would be well […]

Inventories are crucial instruments for commanders in maintaining supply discipline and accurate accounting for property. Change of command, sensitive, and annual items are critical inventories that should be conducted efficiently. Commanders need to track assigned properties and understand different inventory types. Change of inventory command occurs when there is a change of hand receipt holder, […]