Framework Agreement Schedule 4 Order form and
... Contract where undisputed sums due are not paid by the Customer. The Customer will not have this right to terminate unless certain conditions are met. One such condition is that the aggregated amount of undisputed sums exceeds the “Undisputed Sums Limit”. Please insert an appropriate amount to be th ...
... Contract where undisputed sums due are not paid by the Customer. The Customer will not have this right to terminate unless certain conditions are met. One such condition is that the aggregated amount of undisputed sums exceeds the “Undisputed Sums Limit”. Please insert an appropriate amount to be th ...
Article - UCLA Law Review
... courts often award the (usually) more generous expectation measure of damages, which is typical in ordinary breach of contract actions, over the (usually) less generous reliance measure of damages, which is often awarded where noncontractual obligations have been breached (for example, in tort law). ...
... courts often award the (usually) more generous expectation measure of damages, which is typical in ordinary breach of contract actions, over the (usually) less generous reliance measure of damages, which is often awarded where noncontractual obligations have been breached (for example, in tort law). ...
D. Consultant`s Experts and Sub-Consultants
... Consultants. When mandating the use of this SRFP on the implementing agency, however, primary consideration should be given to the complexity and value of the assignment. ...
... Consultants. When mandating the use of this SRFP on the implementing agency, however, primary consideration should be given to the complexity and value of the assignment. ...
Electronic Contract Administration – Legal and Security Issues
... legal and security issues that may be encountered in electronic tendering in the construction industry. In addition to the myriad of issues that were identified in connection with electronic tendering, the E-tendering Project revealed that if industry participants wished to proceed to the next stage ...
... legal and security issues that may be encountered in electronic tendering in the construction industry. In addition to the myriad of issues that were identified in connection with electronic tendering, the E-tendering Project revealed that if industry participants wished to proceed to the next stage ...
ICSID Case No ARB/02/5
... Central Anatolian region. The Decision on Jurisdiction of June 4, 2004, provides a detailed explanation of this policy and the governing laws, as well as of the essential elements of the relationship between the parties. These elements shall only be repeated in this Award to the extent necessary for ...
... Central Anatolian region. The Decision on Jurisdiction of June 4, 2004, provides a detailed explanation of this policy and the governing laws, as well as of the essential elements of the relationship between the parties. These elements shall only be repeated in this Award to the extent necessary for ...
CONSIDERATION DOCTRINE AND REGULATORY ARBITRAGE IN
... entitling the transferor to a subset of the cash generated by what it was transferring. Because the Uniform Commercial Code defines “value” expansively, to include any “consideration sufficient to support a simple contract,” the U.C.C. apparently directs us to determine whether $10 would support a ...
... entitling the transferor to a subset of the cash generated by what it was transferring. Because the Uniform Commercial Code defines “value” expansively, to include any “consideration sufficient to support a simple contract,” the U.C.C. apparently directs us to determine whether $10 would support a ...
Graduated Consent in Contract and Tort Law: Toward A. Theory of
... When we study it in more detail, however, examining how consent works in actual practice, we see that it ebbs and flows by degrees.1 We tend to afford expressly consensual transactions more respect than those backed by only implied consent, for instance, which we in turn regard as more worthy of enf ...
... When we study it in more detail, however, examining how consent works in actual practice, we see that it ebbs and flows by degrees.1 We tend to afford expressly consensual transactions more respect than those backed by only implied consent, for instance, which we in turn regard as more worthy of enf ...
... High-level acceptance criteria for Document Deliverables are listed in Section 1.501. Any additional or more specific criteria are identified here. A. Procurement of Services The Contractor will provide a complete list of all services offered that may be utilized as part of the Enterprise Internet S ...
Regulating Contract Formation: Precontractual Reliance, Sunk
... the cornerstones of economic analysis of contract law—the problem of underinvestment in precontractual reliance. It is a well-known fact that negotiation is costly. Negotiating parties are required not only to invest their time and efforts (which means foregoing other opportunities) but also to pay ...
... the cornerstones of economic analysis of contract law—the problem of underinvestment in precontractual reliance. It is a well-known fact that negotiation is costly. Negotiating parties are required not only to invest their time and efforts (which means foregoing other opportunities) but also to pay ...
THE BOILERPLATE OF EVERYTHING AND THE IDEAL
... disagreement through the courts; the process of arbitration disproportionately disadvantages those “one-shotters” (Galanter 97) such as a consumer or employee, who might need the legal framework of discovery to make a factspecific case or the collective benefits of a class action to bring a case at ...
... disagreement through the courts; the process of arbitration disproportionately disadvantages those “one-shotters” (Galanter 97) such as a consumer or employee, who might need the legal framework of discovery to make a factspecific case or the collective benefits of a class action to bring a case at ...
Notice to Bidders [Forms]
... “Local Contracting Market” or “Contracting Market” means the geographic market area consisting of Cuyahoga County, Geauga County, Lake County, Lorain County, and Medina County, Ohio; provided, however, that with respect to growers or producers of food only, the geographic market area also shall incl ...
... “Local Contracting Market” or “Contracting Market” means the geographic market area consisting of Cuyahoga County, Geauga County, Lake County, Lorain County, and Medina County, Ohio; provided, however, that with respect to growers or producers of food only, the geographic market area also shall incl ...
An Illinois Choice: Fossil Law or an Action for Promissory Fraud?
... In reaffirming the vitality of actions for promissory fraud, one commentator in 1953 recognized that the law of fraud was no longer bound up with the law of contracts: Most courts have since adopted Bowen's view, though some courts have been bothered when an action involves a promise not enforceable ...
... In reaffirming the vitality of actions for promissory fraud, one commentator in 1953 recognized that the law of fraud was no longer bound up with the law of contracts: Most courts have since adopted Bowen's view, though some courts have been bothered when an action involves a promise not enforceable ...
Consequential Damages for Commercial Loss
... The rule for recovery of contract damages was framed by the Hadley court as follows: Where two parties have made a contract which one of them has broken, the damages which the other party ought to receive in respect of such breach of contract should be such as may fairly and reasonably be considered ...
... The rule for recovery of contract damages was framed by the Hadley court as follows: Where two parties have made a contract which one of them has broken, the damages which the other party ought to receive in respect of such breach of contract should be such as may fairly and reasonably be considered ...
Logic-Based Tools for the Analysis and Representation of Legal
... administration of existing ones, that is to say, the general problem of storing and retrieving information from large contractual documents, and more specific tasks such as monitoring compliance or establishing parties’ duties/rights under a given agreement when it is in force. Experimental material ...
... administration of existing ones, that is to say, the general problem of storing and retrieving information from large contractual documents, and more specific tasks such as monitoring compliance or establishing parties’ duties/rights under a given agreement when it is in force. Experimental material ...
The Insurance Condition Subsequent
... is the difference between a promise and a condition. While a promise may contain a conditional term, there is nevertheless an important difference. A promise Is an undertaking that something will or will not happen; it creates a duty in the promisor, duty being such a legal relationship that on the ...
... is the difference between a promise and a condition. While a promise may contain a conditional term, there is nevertheless an important difference. A promise Is an undertaking that something will or will not happen; it creates a duty in the promisor, duty being such a legal relationship that on the ...
Public Policy in English and American Law
... 7.2.1. Public policy.......................................................................................................56 7.2.2. Doctrine of public policy in restraint of trade ....................................................56 A. Origins and general principles............................... ...
... 7.2.1. Public policy.......................................................................................................56 7.2.2. Doctrine of public policy in restraint of trade ....................................................56 A. Origins and general principles............................... ...
Contract Law in Timor-Leste
... A contract is a type promise or agreement that the law can enforce. This means that the courts can force the person who made the promise to either do what they promised or can require them to pay money, called damages, to make up for not doing what they promised to do. More technically, a contract i ...
... A contract is a type promise or agreement that the law can enforce. This means that the courts can force the person who made the promise to either do what they promised or can require them to pay money, called damages, to make up for not doing what they promised to do. More technically, a contract i ...
Contract Theory and the Limits of Reason
... in different directions. It is this aesthetic that allows the practice of asking about law’s influence on society to become intelligible and responsive to rational argument in the first place. As these two examples show, we are all constantly engaged with different aesthetics. A given aesthetic is n ...
... in different directions. It is this aesthetic that allows the practice of asking about law’s influence on society to become intelligible and responsive to rational argument in the first place. As these two examples show, we are all constantly engaged with different aesthetics. A given aesthetic is n ...
Taxonomy of Licenses
... In this book, the term license is used to describe the legal way a copyright and patent owner grants permission to others to use his intellectual property. An open source license is the way a copyright and patent owner grants permission to others to use his intellectual property in such a way that s ...
... In this book, the term license is used to describe the legal way a copyright and patent owner grants permission to others to use his intellectual property. An open source license is the way a copyright and patent owner grants permission to others to use his intellectual property in such a way that s ...
ATSWA Study Pack - Business Law
... The ABWA Council, in order to actualise its desire and ensure the success of students at the examinations of the Accounting Technicians Scheme West Africa (ATSWA), put in place a Harmonisation Committee, to among other things, facilitate the production of Study Packs for student. Hitherto, the major ...
... The ABWA Council, in order to actualise its desire and ensure the success of students at the examinations of the Accounting Technicians Scheme West Africa (ATSWA), put in place a Harmonisation Committee, to among other things, facilitate the production of Study Packs for student. Hitherto, the major ...
Rescission, Restitution, and the Principle of Fair Redress: A
... authors suggest the law should be changed so the buyer must elect between rescission and damages.18 As another part of their proposal and to promote more efficient contracting, Brooks and Stremitzer argue that restitution after rescission should only “come at a price.”19 This concept means the relie ...
... authors suggest the law should be changed so the buyer must elect between rescission and damages.18 As another part of their proposal and to promote more efficient contracting, Brooks and Stremitzer argue that restitution after rescission should only “come at a price.”19 This concept means the relie ...
Phillips Contracts Winter 1997
... 1. consideration - a benefit received by the promisor or a detriment incurred by the promisee. 2. promise - an assurance or undertaking, however expressed, that something will or will not be done in the future. Promises are enforceable by law called contracts. 3. beneficiary - when performance of a ...
... 1. consideration - a benefit received by the promisor or a detriment incurred by the promisee. 2. promise - an assurance or undertaking, however expressed, that something will or will not be done in the future. Promises are enforceable by law called contracts. 3. beneficiary - when performance of a ...
recent developments in delaware commercial law: important
... The dispute in this case arose from a proposed collaboration between two biodefense companies, plaintiff, PharmAthene, Inc. (“PharmAthene”), and defendant, SIGA Technologies, Inc. (“SIGA”), to develop a drug to prevent and treat smallpox. SIGA acquired the technology for the smallpox drug, ST-246, a ...
... The dispute in this case arose from a proposed collaboration between two biodefense companies, plaintiff, PharmAthene, Inc. (“PharmAthene”), and defendant, SIGA Technologies, Inc. (“SIGA”), to develop a drug to prevent and treat smallpox. SIGA acquired the technology for the smallpox drug, ST-246, a ...
Offer and Acceptance, and Some of the Resulting Legal Relations
... without consideration, consideration, especially in those cases where mutual promises have been given, but one of them is illusory: as where A offers a promise to carryall carry all the milk that B may care to ship, at fixed accepts the offer and promises to pay those rates for all rates, and B acce ...
... without consideration, consideration, especially in those cases where mutual promises have been given, but one of them is illusory: as where A offers a promise to carryall carry all the milk that B may care to ship, at fixed accepts the offer and promises to pay those rates for all rates, and B acce ...
Contract
In law, a contract (or informally known as an agreement in some jurisdictions) is an agreement having a lawful object entered into voluntarily by two or more parties, each of whom intends to create one or more legal obligations between them. The elements of a contract are ""offer"" and ""acceptance"" by ""competent persons"" having legal capacity who exchange ""consideration"" to create ""mutuality of obligation.""Proof of some or all of these elements may be done in writing, though contracts may be made entirely orally or by conduct. The remedy for breach of contract can be ""damages"" in the form of compensation of money or specific performance enforced through an injunction. Both of these remedies award the party at loss the ""benefit of the bargain"" or expectation damages, which are greater than mere reliance damages, as in promissory estoppel. The parties may be natural persons or juristic persons. A contract is a legally enforceable promise or undertaking that something will or will not occur. The word promise can be used as a legal synonym for contract, although care is required as a promise may not have the full standing of a contract, as when it is an agreement without consideration.Contract law varies greatly from one jurisdiction to another, including differences in common law compared to civil law, the impact of received law, particularly from England in common law countries, and of law codified in regional legislation. Regarding Australian Contract Law for example, there are 40 relevant acts which impact on the interpretation of contract at the Commonwealth (Federal / national) level, and an additional 26 acts at the level of the state of NSW. In addition there are several international instruments or conventions which are applicable for international dealings, such as the United Nations Convention on Contracts for the International Sale of Goods.