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The inclusion of good title is an implied understanding in any sale of a motor vehicle or other property whose ownership is normally represented by title papers (Schmalleger, 2008).
Voidable contracts are those that are enforceable under certain circumstances or only by certain parties. A typical example of a voidable contract is any formal agreement between an adult (or a professional business) and a minor. Ordinarily, a minor cannot be held to the terms of any contract although the minor may choose to enforce the contract against the other party if he chooses to do so, provided the other elements of contract are satisfied.
Therefore, an otherwise valid and enforceable contract with a minor is voidable at the sole option of the minor even after full performance by the other party....
Generally, under those circumstances, the court will order the minor to return whatever portion of goods or services is still capable of being returned to the other party but that party will not be able to recover anything for the value of the goods or services already consumed or ruined by the minor (Freidman, 2005).
Works Cited:
Dershowitz, A. (2002). Shouting Fire: Civil Liberties in a Turbulent Age. New York:
Touchstone.
Friedman, L. (2005). A History of American Law. New York: Touchstone.
Halbert, T., Ingulli, E. (2007). Law & Ethics in the Business Environment. Cincinnati,
OH: West Legal Studies
Miller, A. (1999). Miller's Court. New York: Bantam
Schmalleger, F. (2008). Criminal Justice…
Works Cited:
Dershowitz, A. (2002). Shouting Fire: Civil Liberties in a Turbulent Age. New York:
Touchstone.
Friedman, L. (2005). A History of American Law. New York: Touchstone.
Halbert, T., Ingulli, E. (2007). Law & Ethics in the Business Environment. Cincinnati,
Law of Contract Contract law As to concerned definition of law there are many definition among various schools of thought of law such that no particular definition is acceptable to them as universal definition of law, but nevertheless there is a common acceptable definition as to what the law is composed of and that it is a collection of rules and regulations governing human conduct prescribed by human beings for the obedience
The presiding judge disagreed with them and "commented that if reverse engineering was possible, then they should reverse engineer the alleged infringement to obtain evidence of infringement." 6. Analogies The situation assumed in the first section of the paper, that of a software product which could or could not be reverse engineered by a customer, researcher or journalist, can be considered through the lens of other situations as well. For starters,
Because promises are usually kept, it is usually reasonable to rely on a promise, and promises are usually relied upon. (p. 1) Despite its centrality to the human condition, the social practice of promising remains primitive and incomplete in comparison to other disciplines such as mathematics and linguistics (Mather, 1999). When it comes to the promises contained in contracts of any type, there are some general guidelines but these do
authorized to enter into contracts on behalf of a business organization? Corporations and Limited liability Companies (LLCs) are recognized as legal entities in their own right, this means they have their legal identity, and can enter intro contracts in their own right. However, while the corporation has its own identity, it is still reliant on officers or agents of the company make agreements on its behalf. This paper examines how
Regulation of Banks Banks are an important aspect of any modern economy. They provide financing for commercial businesses, access to payment systems and a variety of financial services for the economy as a whole. The integral role that banks play in the national economy is demonstrated by the need for and practice of banking regulation and as part of the lessons learnt from the recent global financial crisis, provides a government
Contracts, Contract Law, And Society Contract Law Contracts are legally-binding agreements between two or more self-regulating parties for the purpose of furthering their commercial goals (Eisenberg, 1994). The elements of contracts, together with the laws that provide protections for the parties involved, are theoretically straightforward and appeal to common sense principles, but in practice the forging of contracts and their enforcement can at times be complex. The theories and principles that underlie