Answers are highlighted in yellow. Application Exercise BLaw Assignment #2 Time : 15 Min. Max. Marks- 15 Q. 1. In the following questions choose the most appropriate answer. . 1. One cannot plead doctrine of frustration for one’s own inaction a. True b. False c. Partly true d. Partly false 2. ‘A’ contracts to take in cargo for B at a foreign port. Later, A’s government declares war against the country in which the port is situated. The contract- e. Is void ab initio f. Bocomes void g. Is valid h. Is voidable at B’s …show more content…
A agreed to supply certain goods at a specified price to B. As a result of an increase in raw material prices and labour costs, it is no longer profitable for A to supply them at the agreed price. In this case- . Contract becomes void . A cannot be excused for non-performance . Contract gets frustrated . Contract is voidable at the option of A 17. A quasi contract . is an agreement . is a contract . has only a legal obligation . is not any of the above 18. Quasi contracts are based on the principle of . self service . service to others . there cannot be unjust enrichment of a party at the cost of other . justice to all 19. The rule of law is that when money is paid, it is to be applied first as per the expressed will of . payer . payee . both a and b . banker 20. A contract can be discharged by . Performance . Frustration . Novation . Any of the above 21. All contingent contracts are in the nature of wagering agreement- . true . false . and hence, are void . none of the above 22. If a new contract is substituted in place of an existing contract, it
Mary McDonald, an 86-year-old woman, was frequently complaining about the high cost of maintenance of her house and high property taxes. She decided to cancel her fire insurance to reduce expenses. Mary’s daughter was aware of her mother’s concern about the property, and she took Mary to the lawyer’s office to sign some papers that would protect her mother. When Mary came to the lawyer’s office, she was advised that the paper she was going to sign was the deed to the property. Mary signed a document. Later on, when the municipal tax bill arrived, Mary McDonald was really surprised to see that the property was in her daughter’s name.
10. Dan hires Eve to perform at Dan 's Club, but Eve later breaches the agreement to accept a higher-paying job at First Star Arena. Dan files a suit gainst Eve. The court will most likley: award damages to Dan.
41. Principle of Law: The bargain between the nephew and his uncle is an oral contract, therefore the nephew’s promise
b. Make a contract for the transportation of the goods that is reasonable given the nature of the goods and other circumstances.
The plaintiffs are seeking an injunction, an equitable remedy, to prevent the state of California from enforcing its statute restricting carbon dioxide emissions.
In 1816, the 2nd National Bank of the United States was chartered by Congress, establishing a branch in Maryland. In trying to protect local business and claiming the unconstitutional chartering of the National Bank, (?????as a direct response????), the state of Maryland passed legislation to impose a tax on all banks not chartered within the state (the Bank of the United States was the only bank that qualified). However, McCulloch, the cashier of BUS’ Baltimore branch, refused to pay this tax and was sued by the state. McCulloch lost in county court and the decision was reaffirmed by the appellate court.
BIS did not breach duty of care because according to "N.Y. GOB. LAW 18-105: NY Code -Section 18-105: Duties of skiers" 10-11, each skier shall have the duty not to willfully stop on any slope or trail where such stopping is likely to cause a collision with other skiers or vehicles and to yield to other skiers when entering a trail or starting downhill. Craig neglected his duty to both.
In this task, Customer of Legislation, I will discuss the five main acts of parliament that the legislations are made for the business. The legislation is a law, which there are five for businesses, which everyone must follow the law, however, the ideas of Laws in a business are made by the government to make sure customers of a business are protected from a business by the five Acts of Parliament. These Laws of parliament will make sure the Business follows the rules for customer’s protection purposes. However, if they don’t follow the rules, the customers could be harmed; the businesses must be honest to customers; the business must not take advantage of customers.
A dealer sold a new car to Raymond Smith. The sales contract contained language expressly disclaiming liability for personal injuries caused as a result of defects in the car and limiting the remedy for breach of warranty to repair or replacement of the defective part. One month after purchasing the auto, Smith was seriously injured when the car veered off the road and into a ditch as a result of a defect in the steering mechanism of the car.
There is a literal conflict between the state and the federal measures, so that it is impossible to follow both simultaneously.
In the Final Paper (Case Study) it speaks to the following case and circumstances. Knarles and Barkley are father and son respectively. Barkley is seventeen years old. They operate a facilities maintenance company that regularly does business in the District of Columbia, Maryland and Virginia. The company is based in Maryland. They have a number of contracts with building owners where they have agreed to provide building maintenance to both residential and commercial buildings within the three jurisdictions already mentioned. They receive a monthly payment of $2,000 to $4,000 depending upon the size of the building. They bill the owners for any equipment of a substantial nature that has to be replaced.
Elizabeth Blackwell showed herself as a dedicated and diligent doctor during five years of work in Neurological Associates, and made a significant contribution to the profit margin of the partnership. The partners were delighted with hiring Blackwell in 2005 and they introduced her to medical physicians at a conference. But the referral base Blackwell went through was not the result of that investment by the partnership but instead it was the evidence of her professionalism in neurological sphere.
The ______ approach to business and society introduced in the text is a descriptive framework that integrates legal and societal considerations with mainstream theories of competitive advantage and social
Lean manufacturing is the production of goods using less of everything than in mass production: less human effort, less manufacturing space, less investment tools and less engineering time to develop a new product. A company becomes lean by continuously increasing its capacity to produce high-quality goods while
Mrs. Turner has decided to start her own business running a private day nursery. It is