What is the difference between a contract of sale and a contract to sell?
Q: Every transaction in business creates a contract (agreement) between the parties. To determine…
A: A contract is an arrangement that establishes a legal obligation or liability between two or more…
Q: what is a turnkey contract what are advantage and disadvantages
A: Turnkey contracts are the type of contracts in which a contractor promises to build a project which…
Q: oes a contract has to be in writing to be legally enforceable?
A: A type of document on which both the parties agree to the terms and conditions of the agreement is…
Q: What are the advantages/disadvantages of the UCC? Describe how the UCC makes (or does not make) a…
A: Uniform Civil Code (UCC) is characterized in the Article 44 of Directive Principles of State policy…
Q: What is the difference between a turnkey contract and a cost-plus contract? Include in your…
A: A small Introduction about Project Management Project management gives design and control of the…
Q: purpose
A: The type of intellectual property document will the brand will sign with the current owners of…
Q: What are the differences between a "contract of sale" and "contract to sell"
A: Contract of sale and Contract to sell both the term sounds almost similar to each other. However…
Q: 1. X borrows money from a bank memorialized by a written loan agreement. Z orally promises the…
A: Collateral promise refers to a scenario in which the guarantor agrees to pay the debts of a…
Q: Think about situations where a contract would be void and a contract would be voidable
A: Introduction: A voidable contract happens when one of the elaborate gatherings could never have…
Q: a) What is an exclusion clause? )What must a party show if he or she wants to rely on an exclusion…
A: A. Exclusion Clause: Exclusion Clause may be defined as a 'clause in a contract or a term in a…
Q: The case of L'Estrange v F Graucob Ltd: Select one: a. Is best known for the legal principles…
A: Ans - c Facts of the case - Miss Harriet Mary L'Estrange had a cafe in Great Ormes Road,…
Q: contracts? Discuss various stages in contract placement. Explain contract management with the help…
A: It is a rightfully required contract between two or more people. In contract management, suppliers,…
Q: A minor has no legal capacity to enter into a contract”. Explain TWO (2) of its exceptions with…
A: In contract act minor cannot enter into a contract, no matter what the case is the contract will be…
Q: Let's say that the owner of a home says "come over next Wednesday to mow my lawn and every week…
A: A contract is an agreement between two parties having a valid offer and acceptance and must be…
Q: Contracts have to comply with prescribed formalities not only to be valid but also to be effective…
A: A contract is an agreement between two or more parties who agrees to create a commitment. It is a…
Q: According to Art. 1158 of the NCC, obligations derived from law are not presumed. Now, how can we…
A: Obligations must be clearly set according to law. A natural obligation is an obligation that does…
Q: Discuss how can we assume that the code of ethics document is possibly pernicious and what does the…
A: Ethics are the morals and principles that differentiate right and wrong behavior.
Q: How is an offer terminated? Describe the circumstances in which a counteroffer results
A: Warehousing involves all the activities that are required in storing goods between the time when…
Q: 1. Which of the following describes when a person does not understand that a contract is being made…
A: A contract is a legitimately obligatory agreement that establishes and directs the rights and…
Q: What is a valid contract and what are it consequences
A: The legal concept of duty is a legal contractual connection that allows parties concerned to do or…
Q: 1. State the issue in this case. 2. State the contract in this case. 3. State the elements of…
A: The contract is an agreement between private parties creating mutual obligations enforceable by law.…
Q: Non-compete agreements are typically held to be illegal in most states. True False
A: Non compete agreements are the contracts that exist between an employee and an employer in which the…
Q: A market is any place where two or more parties can meet to engage in an economic transaction and…
A: The above statement is false. So, the correct option is option B) False.
Q: Has the advent of the internet created more potential fraud and overreaching in the creation of…
A: Internet one of best source since it can create everything possible which was likely impossible.…
Q: If there is an offer and there is an acceptance with conditions, is there a perfected contract? Why?…
A: A contract, according to the Civil Code, is "a gathering of thoughts among two individuals wherein…
Q: The contract of sale is an onerous contract. a. True b. False
A: In many countries all-inclusive, where international regulators have decided that such contracts…
Q: Employment contract usually includes two kinds of terms; the first kind is expressed and the second…
A: Yes, it is right that Employment contract usually includes two kinds of terms; the first kind is…
Q: A contract to sell, even if accepted by the buyer is not an absolute sale. B. FALSE A. TRUE -…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Assuming that you are the only business student in your village who has had the opportunity to study…
A: This statement is true, as the agreement is nothing but the general statement on which the two…
Q: A unilateral contract is a type of contrast in which each party plays two roles: a promisor and a…
A: “Since you have asked multiple questions, we will solve the first question for you. If you…
Q: Describe any two (2) limitations that may exist on the freedom of the contracting parties to choose…
A: There are three criteria or requisites of a legal contract, according to Section 10 of the Indian…
Q: In relation to Consideration select the CORRECT statement: Select one: To be valid, the agreed price…
A: A negotiated exchange in which there is a lawful element to the promisor or lawful advantage to the…
Q: Identify FOUR (4) ways to terminate a contract, esplain it briefly and include examples
A: Concept Of A Contract - Contract, can be said as that type of agreement, which is a legally…
Q: Give five (5) examples of instruments which may be reformed. (b) In the above examples, who are the…
A: In law, Instruments are of different types and instrument can be defined as the written document in…
Q: Contracts will have specific steps for a grievance procedure; however, the basic framework includes…
A: A grievance is an employee's dissatisfaction with the company's work regulations and circumstances…
Q: Muslim trader should keep up his __________, _______and____________as these are considered as…
A: Islamic ethical behavior conveys people to be trustworthy, withholding promises and completing the…
Q: It means that the term is vague and subject to multiple, reasonable interpretations
A: If a contract is fairly subject to more than one interpretation, it is deemed ambiguous. This can…
Q: Discuss the difference between efficient contracts and strongly efficient contracts.
A: Рrivаte раrty аgreements сreаting mutuаl оbligаtiоns аnd sрeсifying the neсessities fоr…
Q: Said is the owner of a shop. He places a notice on the window advertising the sale of batteries at…
A: 1. Its a call for participation to supply also referred to as sale and acceptance offer. A agreement…
Q: A contract is a. a legally enforceable agreement
A: Contractual agreements are the written agreements which consists of mutual understanding as well as…
Q: explain the following terms in your own words and understanding and give specific examples. -…
A: Obligations: A commitment is the obligation of involved with meet the details of an agreement or…
Q: The general rule is that no formalities are prescribed for the validity of a contract. True or…
A: There are no formalities needed for the validity of a contract if all of the conditions for validity…
Q: Suppose a supplier gives you a price on a contract and then later comes back and claims that he…
A: The five types of remedies for breach of contract are: Money damages; Restitution; Rescission;…
What is the difference between a contract of sale and a contract to sell?
Link to read:
https://lawphil.net/judjuris/juri2005/jan2005/gr_124242_2005.html
Step by step
Solved in 3 steps
- How do contracts interact with other areas of law, such as tort law, employment law, and intellectual property law?Prepare a chart consisting legal rules for constituting a valid contract? with suitable examples?a reporting script about Article 1322 to article 1326 of Chapter 2 - Essential Requisites of Contracts ( A Philippine Business Law )
- Is it better to have a single set of rules for all types of contracts, or does it make sense to have contract rules for sales of goods and contract rules for everything else? Justify your answer using the topic Resources. Discuss the four types of remedies for breach of contract. Explain how damages are calculated for each type of remedy.Your auto insurance company has offered you a 15 percent discount (roughly $200 per year) if you agree to let them install a sophisticated vehicle event data recorder (EDR) in your car. You have read over the terms of the agreement and discover that if you are involved in an accident, you must agree to let the data from the device be collected and analyzed by a third-party accident investigation firm. You must also agree to let findings from this analysis be used in a court of law. What questions would you want answered and what advice might you seek before deciding whether to accept this discount offer?1. Provide a bibliography for the following citations below. a. CONTRACTS: BASIC PRINCIPLES. (n.d.). https://www.shsu.edu/klett/CONTRACTS%20BASIC%20PRINCIPLES%20ch%2010%20new.htm b. Martella, M. H., Esq. (n.d.). ELEMENTS OF A CONTRACT | Law 101: Fundamentals of the Law. https://courses.lumenlearning.com/suny-monroe-law101/chapter/elements-of-a-contract/ c. Boots v royal pharmaceutical society. (n.d.). https://groupecomes.com/amadeus-broadway-goaaxfw/boots-v-royal-pharmaceutical-society-2f0a8f
- 1657739 Florida law requires an entity to obtain what document from the Office of Insurance Regulation (OTR) prior to tra OA. Business license. Certificate of authority Insurance certificate Evidence of reinsurance B. O C. O D.What is Contract in business law and why is it important?An insurance company in Ghana is repudiating a third party property damage claim against your client stating the following reasons: From the review of the documents submitted, it is evident that your driver's driving license in use as at the time of the accident was a class B license, whilst the vehicle being driven by your driver required a class C or higher driver's license. Kindly be informed that the road traffic act 2004 (Act 683) section 53 states that "a person shall not drive a motor vehicle of any description or class on a road unless that person is a holder of a driving license authorizing the person to drive a motor vehicle of that description or class" Furthermore, our motor policy wording states that "WE WILL NOT PAY If Your Vehicle is driven by You, or by any person with Your consent, who is not licensed to drive Your Vehicle under all relevant laws." (Part E Section 2) Considering the above, we are unable to admit liability for your reported claim due to non-adherence of…
- How does contract law govern business agreements, including elements of a valid contract, breach of contract, and remedies for contract disputes?Discuss what is intoxication in law ? Using the following cases and three of your own, discuss in The Basic Facts and Outcome in Detailed to the cases as it relates to intoxication in contract Matthew v. Baxter Gore v. GibsonWhat are the key areas in which contract law has evolved from traditional concepts to addressing equitable solutions or complex modern-day transactions and structures?