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BUSINESS AND CORPORATIONS LAW Individual Assignment
QUESTION 1 - Consider the following situations and indicate whether consideration is present and whether Jack has an enforceable agreement:
a) Jane is going overseas and she offers to give her Lotus Super 7 sports car to Jack. The market value for this type of vehicle in good condition is around $25 000. Jack accepts.
b) Jane offers to sell Jack her Lotus Super 7 sports car for $25 000. The market value for this type of vehicle in good condition is around $25 000. Jack accepts.
c) Jane offers to sell Jack her Lotus Super 7 sports car for $2500. The market value for this type of vehicle in good condition is around $25 000. Jack accepts.
QUESTION 2 - A shipbuilder had contracted to build a tanker for North Ocean Tankers. The contract was in US dollars and didn't contain any provisions for currency fluctuations. Approximately halfway through construction of the ship, the United States devalued its currency by 10 per cent. As the shipbuilder stood to make a loss on the contract, it demanded that an extra US$3 million be paid or it would stop work. The buyer reluctantly agreed under protest to pay, as he already had a charter for the tanker and it was essential that it be delivered on time. The buyer didn't commence action to recover the excess payment until some nine months after delivery. Will the buyer succeed in recovering the excess?
Was Michael Milken a friend or foe to the financial markets, is definitely a question that sparks much debate. I tend to take a utilitarian approach to most things in life and this question is not an exception.
The student researched the legal statues affecting the selection and hiring of employees.
What laws apply to web contracts? What laws apply to web contracts?
What are the potential hearings that might be involved in this case? Be sure to describe them from the time of arrest through appeal.
How could frequent outbursts of excessive anger eventually result in serious criminal or socially unacceptable behavior?
Determine the group's national and multinational structure and operating methods, pertaining to the drug business. Analyze the relationship of your group to its past and to its current role in Prohibition, drug syndicates, political corruption, and o..
Which of the following is a neutral requirement that is likely to result in adverse impact?
Why do juveniles have a modified right compared to adults? How do these modifications change the roles and priorities of police when dealing with juveniles? Should social justice concepts of dealing with juveniles take precedence over criminal jus..
LAWS20058 AUSTRALIAN COMMERCIAL LAW. Required: Referring to relevant cases and legislation, explain the legal position of Tina and her employers regarding payment of the accounts
although logically it would seem that false confessions would be a rare event in reality there have been numerous
Examine whether it was successful and if the reform brought forth further changes. What influences does the system have on the correctional system today? What influences have changed? Why?
Make sure to discuss the role of committee and sub-committee work, meeting with other politicians, drafting pieces of legislation, etc. that would occur in Washington, but also activities like meeting with constituents, answering questions, and po..
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