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Theories of relational contracts
These are long-term, non-legal or only incompletely legal agreements. The fact of incomplete foresight is taken into account by leaving gaps in the contract with which future contingencies can be met. Within the framework of general agreement, negotiations take place in the present about modes of proceeding in the future.
Problem I. Sandy has been working for Bean Canning Ltd for 9 years. Last Monday Sandy was called to the Manager's Office and verbally informed that her employment was termi
Mr Zamora was apparently worried. Not everything was going his way. It was already 6.00 p.m. and his car had broken down. He had to travel to the Mexico City airport to leave fo
General principles of Calls on contributories: If it is necessary to make calls on contributories the liquidator draws up a list "A" of contributories who were members at th
Explain Territorial principle of criminal jurisdiction The territorial principle provides that the courts of the State where a crime is committed may exercise jurisdiction over
Define the Conceptual strength of stages model The stages model has a number of conceptual strengths. First, it emphasizes a process of policy making that cuts across and bridg
Disadvantage of a scheme of arrangement: The disadvantage of a scheme of arrangement is that it requires the preparation of elaborate documents and the observance of a strict
QUESTION John, an employee, at Mauricia Travel Ltd, wishes to set up a trade union. He has been told that trade unions are very beneficial to employees and if trade unions and
Liquidators' Powers: The liquidator (in any type of liquidation) has numerous statutory powers but in the exercise of some of them he mus
Pre-incorporation Contracts: A pre-incorporated contract is an agreement which is entered into, usually by a promoter or promoters, on behalf of a
Substantive Law: Therefore this is concerned through the rules themselves as opposed to the procedure on how to affect them. So it defines the rights and duties of parties an
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