Contract Essays

Describe and define the “positive bargaining zone” and the “negative bargaining zone.” “Negotiation is not a policy. It’s a technique. It’s something you use when it’s to your advantage, and something that you don’t use when it’s not to your advantage.” (Bolton) Although they do not always have a common …

1.1Contract The Law of contract can defines as ‘an agreement rise to obligation which are enforced or recognized by law’.The factors which distinguish contractual from other legal obligations is that they are based on the agreement of contracting parties. “In book of Sir William Anson’s Law of contract, his definition …

COERCION Coercion, as an element of duress, is grounds for seeking the cancellation of a contract or deed. When one party to an instrument is forced against his or her will to agree to its terms the document can be declared void by a court. In order words, a contract …

Termination of agency.A contract of agency is a species of the general contract. As such, an agency may terminate in the same way as a contract is discharged except where the agency is irrevocable. Broadly speaking, an agency may be terminated either by the act of parties or by the …

Contract By definition under Sec 2(h) Contract Act 1950, “an agreement enforceable by law is a contract”. A contract is a promise or agreement between two or more parties that is enforced by law to be legally binding. It may involve a duty to do or refrain from doing something, …

The major facts that are to be taken into consideration are that the company Captiva Conglomerate has a contract with S.O Software developer for a new custom inventory and spare part management system. The management of Captiva Conglomerate is concerned with what to do at this point in the contract. …

This essay will outline and critically evaluate the theory of the “psychological contract” and its role between the employee and employer. Through looking at the positive and negative aspects of this contract by using relevant information, figures and evaluating case studies, it shall explain why the understanding of this “psychological …

The jewelry store cannot recover from Software. Respondeat Superior is A legal doctrine, most commonly used in tort, that holds an employer or principal legally responsible for the wrongful acts of an employee or agent, if such acts occur within the scope of the employment or agency. Here C went …

Doctrine of privity of a contract dictates that only parties to a contract will have rights or obligations arising under a contract to hinder the imposition of burdens on and the granting of contractually enforceable rights to third parties. The doctrine constitutes a barrier to freedom of contract that can …

Lessons Learnt and exit strategy: What are the crucial lessons of the DABHOL power project for other strategic initiatives in India? How do you address the risk inherent in such enormous global projects? How do you immunize against such risks? If you are proposing a new project of this nature …