Contract for service leads to Question 5Answer a. Bonus payment under contract when work is satisfactorily concluded b. Away from work, yet timely deliverables of outcomes c. Contract engagement d. Tenureship or permanent employment, subject to the laws of separation
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- QUESTION 1 Which of the following is a FALSE statement? A. The E-Sign Act completely prevents the use of electronic signatures for contracting on the Internet. B. If an employer wants to preserve the at-will employment status of his or her employees, the employer should insert disclaimers in its codes and handbooks that nothing therein can be construed to create an express or implied employment contract. C. A basic principle of the National Labor Relations Act is that employers cannot terminate employees in order to discourage or encourage union membership. D. “Going public” by a company offering to sell shares of stock to the public typically results in access to broader financial markets from which to obtain capital. QUESTION 2 1. The tort of assault and the tort of battery are: A. Two names for the exact same tort. B. Strict liability torts. C. Independent torts which can occur separately from one another. D. Require proof of each of the separate elements of negligence.…Spring agreed to buy Summer's car. Because the actual purchase was not to take place for several months, they drew up a lengthy agreement that specified all of the rights and obligations of each of the parties that they could think of. They took this two-page, single spaced document to an attorney for review. The attorney suggested a few changes. They had the documented retyped and they signed it. The contract is referred to a a. An executed contract b. A formal contract c. An implied contract d. A simple contractTrue/False 10. If John remarks to Jane that her employment will be based upon granting him sexual favours,this type of contract would be considered____________________.A. Voidable as Jane may assert that Lee is suffering from substantial mental incapacity.B. Necessary in order for Jane to obtain her job.C. Void as it is an immoral contract that is against public policy.D. A covenant not to compete for other job opportunities.
- Kindly explain the following for remedies for breach of contract 1.Damages 2.0rder of payment 3.Specific Performance 4.Injunction 5.Rescission1. Life Company processes information furnished by others to transfer title to real estate from a seller to a buyer. In performing this task for a sale of land from Eren to Armin, the furnished information is mistaken. The contract between Eren and Armin that includes the mistake may be rescinded if the mistake concerns a. a detail on which the parties had a true “meeting of the minds.” b. a fact that is important and central to the contract. c. a third party, such as County Title. d. a term in the contract subject to only one reasonable interpretation.While mingling with neighbours at a party, While mingling with neighbours at a party, Tyler mentions that he is responsible for evaluating bids for a large computer software contract. A few days later, Tyler receives a lunch invitation from one of his neighbours who also attended the party. Over appetizers, the conversation turns to the contract Tyler is managing. Tyler’s neighbour seems remarkably well informed about the bidding process and likely bidders. Tyler volunteers information about the potential value of the contract and briefly outlines the criteria his firm will use to select the winner. At the end of the lunch, Tyler’s neighbour surprises him by revealing that he is a consultant for several companies in the computer software market. Later that day, Tyler’s mind is racing. Did Tyler reveal information that could provide a supplier with a competitive advantage in the bidding process? What are the potential business risks and ethical issues in this situation? Should Tyler…
- Assume that Elkins contracted to build an addition to Cromwell’s plant producing cruise missiles just prior to the Gulf War. The war ended before Elkins started work, and Cromwell tried to cancel the contract. Can Elkins do anything about the loss of his anticipated profit (a) if the contract contained a proper cancellation clause? (b) if the contract contained no clause dealing with cancellation?Explain the difference between a contractual breach and a lawful (tort) breach. Give examples of each. Discharge of a contract IS MOST COMMONLY ACHIEVED BY PERFORMANCE. Failure to do so may result in either party suing the other(s) for breach in court. Reflect on the options one will have when analyzing their options to sue. Under the law when a mistake has taken place when would the courts become involved? Under torts explain what is meant by an unconscionable transaction. Define the purpose of damages being awarded.True or false with explanation 6) Assume now that Gill lands a job at another college, which schedules him to teach Partnership Tax, Individual Income Tax, and Wills & Trusts. Gill is now ecstatic because he can finally teach law. Two weeks into his first semester, he asks when payday is. The president of the college notifies him that since this college is a nonprofit institution, NOBODY gets paid. The college has violated its duty of compensation. 7) Myron is a bouncer for the Keg Club and must forcibly eject unruly patrons on a nightly basis. The owners of the club cannot be held liable for any civil wrongs Myron may have committed while acting as a bouncer. 8) Myron is a teller at Wells Fargo Bank. On his way to work, he is stopped at the door by his evil boss, Skinflint, the bank president, who refuses to let Myron in the building. Skinflint has violated his duty of cooperation. 9) Assume that Glen is the latest phenom to come out of college to sign a professional baseball…
- Undue Influence. Juan is an elderly man who liveswith his nephew, Samuel. Juan is totally dependent on Samuel’s support. Samuel tells Juan that unless he transfers a tractof land he owns to Samuel for a price 35 percent below itsmarket value, Samuel will no longer support and take care ofhim. Juan enters into the contract. Discuss fully whether Juancan set aside this contract. (See Voluntary Consent.)J owns a Disability Income policy Before purchasing the policy, I suffered a major back injury that is specifically excluded for coverage under the policy. The clause in J's policy that EXCLUDES back injury claims is found in lhe: A.Guaranteed Insurability rider B. Recurrent Disability clause C. Concurrent Disability clause D. Impairment rider37. Reduce the required provision if some or all of the expenditure required to settle a provision is expected to be reimbursed by another party, when, and only when, it is probable that reimbursement will be received if the enterprise settles the obligation. Select one: True or False