What is pledge? Article 172 of Indian Contract Act 1872 defines pledge. According to this article

8) Chris promises Dina $40,000 if she graduates from Eagle College. Dina enrolls in Eagle, attends full-time for four years, and graduates. When Dina asks Chris for $40,000, Chris says, “I don’t remember promising you $40,000. But if there was a promise, it’s not enforceable, because we didn’t bargain for it. And even if there was a promise that would otherwise be enforceable, I revoke it now.” Can Dina enforce Chris’s “promise”? Why or why

It was a term of the contract that the agent was not to sell goods supplied by anyone other than the principal. The agent sold other goods and was dismissed.

14) Where a promise can only be accepted by the performance of the person to whom it is offered is an example of a/an

Mutual promises: If B makes a promise in return for A’s promise, this will confer a benefit on A (because A will have an enforceable legal right to have the promise

d. Obtain and promptly deliver or tender to the buyer any document necessary to enable the buyer to obtain possession of the goods from the carrier.

A bilateral contract comes into existence at the moment promises are exchanged. True, “promise for a promise”

- The UCC defines goods as something that you can touch and can be moved for the contract of sale.

NOW, THEREFORE, in consideration of the mutual promises herein set forth and subject to the terms and conditions hereof, the parties agree as follows:

B. When Lord pays Von for the goods C. When Von sold the goods to Lord D. When the goods are used by Lord

“The agency relationship is defined as ‘the fiduciary relationship which results from the manifestation of consent by one person to another that the other shall act in his behalf and subject to his contract, and consent by the other so to act.’ Agents obligations relating to their players are defind not only by contact, but by the fiduciary characteristics of the relationship.” The agent owes his/her player a lot of things in their basic care to their player. These things include the fiduciary duty of undivided loyalty and the duty to act in good faith at all times. The player is going to entrust this agent with all of their fortune, reputation, and legal rights and responsibilities. Along with all of these duties the agent is going to have to abide by what the player wants and carry out what their desire are. This is a responsibility of the agent and it must only do what is desired by and for the player and must not carry out its own business affairs. “The agent must obey all of his/her players’ lawful instruction no matter how arbitrary or capricious any of those instructions seem to the agent or anyone else. However, if the player instructs the agent to perform something illegal, like bribe someone, the agent does not have to comply.”

(2) to obtain, by means of false or fraudulent pretenses, representations, or promises, any money or property in connection with the purchase or sale of any commodity for future delivery, or any option on a commodity for future delivery, or any security of an issuer with a class of securities registered under section 12 of the Securities Exchange Act of 1934 (15 U.S.C. 78l) or that is required to file reports under section 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78o (d));

When the negotiable instruments the holder-in-due course occurs when the payment is still obligated under the contract from the drawer and is the holder of the promisory note or check. The promisory is a promise of good faith and when there is a disqualification the holder is the one still entitled to the responsibility of payment. For example, if the terms are because of late payments, damaged goods, or overdrawn fees the institution is still able to collect the money along with any fees associated (Negotiable Instruments & Banks, 2013).

FASB ASC 958-605-25-15 further explains that a lack of a designated time to transfer the asset, by itself, shall not deem to be an ambiguous transaction. An intent to give that is tacit about payment stipulations but otherwise are obviously without condition shall be understood as an unconditional promise to give.

IN CONSIDERATION OF THE COVENANTS and agreements contained in this Sales Agreement the parties to this Agreement agree as follows:

NOW THEREFORE, in consideration of the promises contained herein, intending to be legally bound hereby, the Parties agree as follows: