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For Metalcrafters Inc., the first thing I would do is to decide whether or not each alternative is mutually exclusive or independent. In this case, the stamping press alternatives are mutually exclusive, the extrusion press alternatives are mutually exclusive, and the new parts orders are mutually exclusive. Beginning with the stamping press, the next thing I would do is figure out what the expected useful life is for each alternative. Because the SX-65 has a useful life of 5 years and the MD-40

A valid contract consists of all essential components which present and the court will enforce as a legally binding promise . One of the elements contract to create a contract is agreement which included an offer and acceptance. “Acceptance is a final and unqualified assent to the terms of the offer, made in the manner specified or indicated by the offeror” . Acceptance may be express orally, in writing, occasionally, or even by implied from the offeree’s conduct. In communication of acceptance,

The REAL ID-compliant form of identification requires the following information and features: 1. The person’s full legal name. 2. The person’s date of birth. 3. The person’s signature. 4. The person’s Gender. 5. Unique Identity Number. 6. The person’s principal residence address. 7. Front facing photograph of the applicant. 8. Physical security features designed to prevent act of fraud includes counterfeiting, tampering, or duplication of the document. 9. A common machine-readable technology which

The ratio decidendi means the principles of law on which the decision is founded. In the case of Carlill v Carbolic Smoke Ball Co Ltd (1892). The ratio decidendi in this case was that the advertisement was a unilateral contract, whereby, the Carbolic Smoke Ball Company made a promise to perform an obligation. The fact that the Carbolic Smoke Ball Company deposited £1000 with the Alliance Bank demonstrated intent of that promise and therefore it was not a ‘mere puff’. Communication of acceptance

Importance of Contracts & Business Law in a Business Unit No. 21: Aspects of Contract and Business Law Mr. Irshad Ahmed Alvi Date Submitted: 08/23/2016 Carl Loraine Cruz 20154176   The organization that I chose for this assignment is Zara HOME. CONTRACT: FACTS: TASK 1 (P1, P2, P3, M1) In this task I will explain when and why the contract came into existence. Contract comes into existence when both parties (offeror and offeree) have agreed terms in negotiations. The contract becomes binding

Hatcher's acceptance was not valid because he sent a letter as acceptance when the offer was sent by e-mail. Although Simons did not expressly state what the method of acceptance should be, the use of e-mail implied e-mail was the method of acceptance. As such since Hatcher used a different, slower method, it was not valid upon being sent. No, it could not be taken as a valid contract since the offer was made in a manner that was clearly made out of frustration and was not meant to be a serious offer

The position in Scots law regarding pre-nuptial agreement is in total opposition compared to its neighbour’s. In fact, marital agreements generally speaking have never been deemed contrary to public policy . By contrast, it is “trite law” that parties are free to enter into nuptial agreements as they see fit . And as early as 1985, it was clear that “parties may by agreement oust the jurisdiction of the court” . In other words, in Scotland marital agreements, called “minutes of agreements”, are binding

Task 1 P1.1 explain the importance of the essential elements required for the formation of a valid contract A contract is a legal document that states and clarifies a formal agreement between two different people or groups. This implies that an agreement between parties must have a strong backing by law. The following are therefore required for a contract to be mandatory for all participants involved. These elements in a contract prove whether the contract is regarded credible or not credible:

During the British colonization of Kenya, the country underwent a drastic change in culture. The British during the time assumed that Africa was a blank slate, filled with uncultured people who had neither religion nor systems of civilization. They saw Africa as an untouched continent, and that they had complete control over it. However, little did the British colonizers know, Kenyans, along with all the other African races, had their own indigenous beliefs, some of which were even similar to Christianity

Meeting his Boon Companions While strolling through the jungle, Sam thought of what had happened to him in the past few days. Leaving his mother probably had been the hardest part. However, it was for his mother’s happiness that he was going anyway. She had insisted upon his going to avenge his father after Old Wise had visited their house. Then he also remembered what Old Wise had told him. He was a boy of adventure, and this journey was a major part of it. He was very -BANG! Something smacked him