The sale contract between Mazen and Dani is concluded at the Notary Public. Thus, such contract is considered: * O Bilateral & simple O Bilateral & formal O Unilateral & formal O Bilateral & collective
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- James is looking to enter into a listing contract with Mary to sell her house. The two are trying to come to an agreement on what type of listing contract to use. What type of listing contract will offer James the least amount of protection? O An open listing agreement since it is a unilateral contract. O An exclusive Right to Sell agreement since it is a bilateral contract. O An Exclusive Agency agreement since the owner can still find a buyer themselves O An Exclusive Agency agreement since it is a unilateral contract.What are the differences in the enforcement of contracts for MNEs in common law and civil law countries? How can an international manager from a common law country enforce contracts in a civil law country?In which type of Contract is there a "lack of meeting of the minds?" a) Bilateral b) Unilateral c) Fraudulent d) Oral 2. Generally where a unilateral mistake is made in a Contract, the Contract will still be enforced, except where the non-mistaken party was aware of the mistake. a) True b) False 3. A home builder misjudges the cost of the windows to be installed in the house. This is: a) Bilateral mistake leading to rescission. b) Unilateral mistake which can be corrected. c) A mathematical mistake which is correctable. d) An error of judgment, not correctable. 4. "Sign or I'll kill you" is an example of: a) Undue Influence b) Misrepresentation c) Duress d) either a or b 5. An attorney who over a period of time convinces an elderly widow to deed…
- Why do organzations single source contracts ?–Said is the owner of a shop. He places a notice on the window advertising the sale of batteries at half price. What kind of notice? You should provide in your answer: 1- What kind of contract 2- Legal or not 3- Express or implied or Quasi 4- Unilateral or Bilateral 5- Your reflection and comments1- A is an investor. 2- B is construction Company. A has contracted with B to construct a factory in Oman. The first payment has been received by B and started working for three months. Oman has adopted new regulation relating the security in the factories. This regulation required new materials and changes in the construction of the factory. All of this has raised the price of the actual contract. A has asked be to include the materials and the do the changes according to the new regulation adopted by the government at the same price and conditions according to the contract signed. B has decided to stop the work and asked to renegotiate the contract and the prices. A has no budget to finance the new materials and the changes in the factory and asked B to continue work and do the changes. You have been contacted as mediator between the A and B Please answer the following: What kind of relation between A and B2
- 1A.EXAMINE THE NEED FOR COMPETITIVE DIALOGUE IN A PUBLIC PRIVATE PARTNERSHIP B-DISCUSS THE CIRCUMUSTANCE UNDER WHICH A CONTRACTING AUTHORITY MAY DISQUALIFY A BIDDER FROM PARTICIPATING IN A BIDDING PROCESS1- List the elements required for a valid contract and provide a definition for each element. 2-Define briefly bilateral contract and unilateral contract and provide an example for each. When it comes to revoking a contract what is the main difference between a unilateral contract and a bilateral contract?1. What is the difference between executed and executory consideration? 2. State any two courts in Ghana which are known as lower courts? 3.State one disadvantage of litigation. Explain the concept of remoteness of damages. What is arbitration? What is the difference between void and voidable contracts? What is the legal distinction between duress and undue influence as vitiating factors? Communicating of an offer must be made to a particular individual, groups etc. What happens if the communication is made to an individual that the offeror does not in tend to contract with? Where the contract is made to a specified person but is accepted by another person? Where an offer is communicated to a class or group of persons. Where an offer is communicated to the general public or the whole world. What is supervisory jurisdiction Exclusive jurisdiction Appellate jurisdiction Original jurisdiction? What are the brief facts and legal principles espoused in the following cases:…
- 1) We-Assemble, a well-known manufacturer of high-end processors used in mobile phones located in China, concluded a contract for the sale of 10,000 processors with MobliesRus (a manufacturer of mobile phones based in France). The contract stipulates FOB Shanghai (Incoterms 2010) and that delivery must be made on the 3rd of July 2019. During negotiations, MobilesRus had told We-Assemble that it had a very lucrative contract for the sale of mobile phones with a particular company which could only be fulfilled if the processors were delivered on time. MobilesRus however did not mention the exact amount of profit it was going to make from the contract, which was £30,000. We-assemble was unable to produce the goods on time and as a result was only able to make delivery on the 5th of July. On delivery MobilesRus discovered that the goods did not conform to their description under the contract and had a market value of £8000. a) Does the CISG apply? Note: you may assume that under the…DQ2: Chapters 5 and 11: Unfortunately, you and Max make better friends than business partners. While Smaxy Maxy’s is roughly breaking even, there is constant conflict between the two of you. You and Max had established a partnership, and both of you recognize that the partnership must be dissolved, leaving a sole proprietor. There is no simple solution because both of you have fallen in love with Smaxy Maxy’s. You wisely consult a lawyer. She suggests a lawsuit to force the partnership dissolution. You wonder if there might be alternatives to litigation. What might those be with this fact scenario? Explain. DQ3: Chapter 14.3: You own Sam’s Sea Food and are in fierce competition with Frank’s Fish House, the businesses just a few blocks apart. Both sell a variety of fresh seafood. Frank decides on a new promotion. He advertises heavily, “one pound of fresh, wild Alaska, salmon, $8.99, first come, and first served.” However, Frank has only two of these items in the store. Is this…Provide reaction on discussion below if you agree or disgaree: Whether the limitation of liability in ADT's service contract with Melodee Lane Lingerie Co. is valid would depend on the specific terms and enforceability of that contract. Contractual limitations of liability are generally upheld if they meet certain legal criteria. However, the enforceability of such limitations can vary based on jurisdiction and the nature of the contract. Here are some factors to consider. Clear and Unambiguous Terms: For a limitation of liability clause to be valid, it should be clear and unambiguous in its language. It should not be buried in fine print or hidden within the contract. Bargaining Power: Courts may scrutinize such clauses more closely if there is a significant disparity in bargaining power between the parties. If one party had little or no opportunity to negotiate the terms, it may be viewed less favorably. Public Policy: Courts may refuse to enforce limitations on…