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d - Free Law School Outlines
d - Free Law School Outlines

... (4) Apparent Consent (Implied) – ∆ is privileged to make contact where П’s words, gestures, or conduct objectively manifest consent (5) Custom – If ∆ can show that it was customary for one in the П’s position to consent to a certain act by the ∆, there will be consent even if the П made no objective ...
Download attachment
Download attachment

... for fixing the profit rate; therefore, it is prohibited. On the other hand, Hanafi and Syafie‟s scholars permit the promise with regard to the sale and purchase contract and the hukum is permissible (mubah). The ruling (fatwa) by Sheikh Abdul Aziz bin Baz, a Saudi Arabia mufti decided that alwa‟ad b ...
CONFIDENTIALITY AGREEMENTS AND DUE DILIGENCE
CONFIDENTIALITY AGREEMENTS AND DUE DILIGENCE

... Exploration, Inc., a Canadian mining company, IMA, was interested in purchasing a mining project in Argentina.19 A confidentiality agreement provided that Colorado law would govern disputes arising under the agreement. Some of the information obtained during due diligence was sediment sample data fo ...
InfoWin Edition
InfoWin Edition

... To the Requester: Please fill in the project name and your details in the left-hand column below, read the attached licence conditions, sign at the bottom of the conditions, and forward to the Project Manager. To the Project Manager: Please verify that the requester is actively working on the ACTS p ...
Letters of Intent Should They Be a Thing of The Past
Letters of Intent Should They Be a Thing of The Past

... There are more varieties of wording in letters of intent than stars in the sky which makes it difficult to generalise as to their effect. Many give rise to disputes because there is no standardisation and each one has to be dealt with on its merits. When the parties fall out, usually in relation to ...
II. Damages - Internet Legal Research Group
II. Damages - Internet Legal Research Group

... A. Expectation, Restitution, Reliance in general, damages must be determined with certainty courts don’t commonly make parties adhere to contracts, usually makes one party pay other party for damages caused punitive damages are not usually given in breach of contract disputes ...
Cross-Collateralized Transaction Rider to Loan
Cross-Collateralized Transaction Rider to Loan

... the Mortgaged Property (including any Ground Lease (if applicable), condominium document, or reciprocal easement agreement) and therefore cannot apply the net proceeds or awards to the payment of the principal of the Indebtedness as set forth above, or (B) Borrower receives any or all of the proceed ...
ATSWA Study Pack - Business Law
ATSWA Study Pack - Business Law

... c. be familiar with the legal rules governing specific contracts; d. be able to distinguish between the various forms of business associations and be conversant with the main rules governing their operations; e. be able to identify and appreciate the respective duties of bankers and customers and re ...
Contract Ambiguities: When the Plain Language of a Contract is Not
Contract Ambiguities: When the Plain Language of a Contract is Not

... two reasonable interpretations of the ambiguities was intended by the parties based on the extrinsic evidence presented by the parties. As to the second issue—whether fumigation was to be charged at cost or at the $3.00 per metric ton rate—the COFC again found that the contract was ambiguous. The CO ...
staff draft tentative report - New Jersey Law Revision Commission
staff draft tentative report - New Jersey Law Revision Commission

... parties and legal entities. So long as these parties take the contract from the seller on a take-itor-leave-it basis in an open market, they are buyers within the meaning of this Act. The rationale for making no distinction between consumer and commercial parties is that this distinction is not germ ...
Good Faith and Fair Dealing as an Underenforced Legal Norm
Good Faith and Fair Dealing as an Underenforced Legal Norm

... 526 F. App’x 899, 910 (10th Cir. 2013) (finding that the freight service company’s conduct in terminating a long-term services agreement “[did] not rise to the level of action so egregious as to constitute a breach of good faith” under Utah law). 16. E.g., Am-Pro Protective Agency, Inc. v. United St ...
Emanuel Law Outlines
Emanuel Law Outlines

... Example: Buyer’s purchase order states that disputes will be litigated in New York state court. Seller’s acknowledgement form states that disputes will be arbitrated. Most courts would apply the "knock out" rule, whereby neither the "New York courts" nor "arbitration" clauses would take effect. Inst ...
MEMC MORGANS
MEMC MORGANS

... Mare Name: ________________________________________________ Registration No. ____________ Mare’s Date of Birth: ___________________ Breed: _________________________________________ Mare scheduled to be bred during __________________________ of the 2006 season. This Agreement is between MEMC Morgans ...
Business Law Today, Essentials, 9th Ed.
Business Law Today, Essentials, 9th Ed.

... theory of contracts? What are the four basic elements necessary to a valid contract? What elements are necessary for an effective offer? What are some examples of nonoffers? How do shrink-wrap and click-on agreements differ from other contracts? How have traditional laws been applied to these agreem ...
construction summit - Goldman, Sloan, Nash and Haber
construction summit - Goldman, Sloan, Nash and Haber

... protocol and terms of the contract have not been acted upon, one party may not be able to take advantage of a particular contractual term which would allow them to terminate the contract as a result of default by the other party. The courts have, in cases where the parties, by their course of conduc ...
Identifying Performance Obligations
Identifying Performance Obligations

... • Definition of “Contract” – An agreement between two or more parties that creates enforceable rights and obligations • May be implied or written • Includes subsequent modifications – Unless modification is determined to be a new contract • Typical industry modifications – Change orders (approved an ...
torts outline - NYU School of Law
torts outline - NYU School of Law

... did  rely to her detriment? she gave up some earnings, but benefit was that she didn’t have to work – most significant since she’s not relying now that has new job differs from Forward since clear statement from deceased donor differs from Kirksey since decided under different theories reasonable p ...
Newly Identified Contract Unconscionability
Newly Identified Contract Unconscionability

... Restatement (Second) of Contracts, 351(3),3 permits courts to limit foreseeable contract damages that are disproportionately large in comparison with the consideration received by the breaching party. This article explores the likelihood that the novelty of section 351(3) lies principally in its ope ...
1. Assignment – contract rights are assigned for value, occasionally
1. Assignment – contract rights are assigned for value, occasionally

... Evidence of subsequent agreements will not be barred by the parol evidence rule. The rule only applies to agreements made prior to the final contract. Does not prevent the admittance of evidence that contradicts implied at law terms. UCC: A writing intended to be a final expression of an agreement m ...
Utmost Good Faith - Nigerian Law Guru
Utmost Good Faith - Nigerian Law Guru

... 2. The principle that the relationship between parties to a reinsurance agreement requires the exercise of utmost good faith has early roots. Hastie v. DePeyster, 3 Cal. R. 190 (NU 1805). This duty of utmost good faith, uberrima fides, is given weight in various contexts, essentially to create a sta ...
Notes September 14 - Universitetet i Oslo
Notes September 14 - Universitetet i Oslo

... VII. Intention to create legal relations (cont.) • What constitutes a social/domestic agreement? ” (…) as a rule, when arrangements are made between close relations, for example, between husband and wife, parent and child or uncle and nephew in relation to an allowance, there is a presumption again ...
ITB for goods/services
ITB for goods/services

... against an advance payment guarantee. At the request of the supplier, we hereby irrevocably undertake to pay you any sum or sums not exceeding in total an amount of [insert amount(s)3 in figures and words], upon receipt by us of your first demand in writing declaring that the supplier is in breach o ...
uakron
uakron

... of any records, documents, or other pertinent information or materials which are relevant to the grievance. (d) The "CPGC" may call upon any member of the university community to appear before the "CPGC" and it shall be incumbent upon any person to cooperate fully with the committees. The complainan ...
The Promise Principle and Contract Interpretation
The Promise Principle and Contract Interpretation

... obligation, which play the central role in Charles Fried's vision of contract law, have importantly contributed to rescuing contract law from absorption into tort law and from the imposition of externally imposed standards that are collective in origin. The principle makes a mammoth contribution to ...
revision question bank - Becker Professional Education
revision question bank - Becker Professional Education

... It is self-executing and applies to all member states at once It would require further legislation to be passed before becoming law It would become law automatically after a certain period of time ...
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Non-compete clause

A non-compete clause (often NCC), or covenant not to compete (CNC), is a term used in contract law under which one party (usually an employee) agrees not to enter into or start a similar profession or trade in competition against another party (usually the employer). Some courts refer to these as ""restrictive covenants."" As a contract provision, a CNC is bound by traditional contract requirements including the consideration doctrine. The use of such clauses is premised on the possibility that upon their termination or resignation, an employee might begin working for a competitor or starting a business, and gain competitive advantage by exploiting confidential information about their former employer's operations or trade secrets, or sensitive information such as customer/client lists, business practices, upcoming products, and marketing plans. However, an over-broad CNC may prevent an employee from working elsewhere at all. English common law originally held any such constraint to be unenforceable under the public policy doctrine. Contemporary case law permits exceptions, but generally will only enforce CNCs to the extent necessary to protect the employer. Most jurisdictions in which such contracts have been examined by the courts have deemed CNCs to be legally binding so long as the clause contains reasonable limitations as to the geographical area and time period in which an employee of a company may not compete.The extent to which non-compete clauses are legally allowed varies per jurisdiction. Some jurisdictions, such as the state of California in the US, invalidate non-compete-clauses for all but equity stakeholders in businesses.
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