James should advise his client only on legal issues

Assignment Help Other Subject
Reference no: EM133539212

Question

James is acting for Chikens Pty Limited ('Chikenl') in the purchase of a chicken farm. The purchase price has been calculated based on an assumption that the profits will remain unchanged for the next 5 years. James's retainer is to advise on the contract terms.

Which is the most correct answer to this?

1. James should advise his client only on legal issues, which does not include price. James should advise his client that he is confining his advice to legal issues.

2. James should advise his client to pay less due to the risk that the law will change in a way that makes it more difficult for chicken farm to earn the same profits.

Reference no: EM133539212

Questions Cloud

Discuss the police officer use of force in this incident : Discuss the police officer's use of force in this incident. What was the makeup of the jury? Was this a fair representation of the local area?
What are responsibilities of police officer supervisor : What are the responsibilities of the police officer supervisor? What types of training does a police officer supervisor require to be successful?
Notion of equal pay for work of equal value require : What does the notion of equal pay for work of equal value require? What is the focus of employment equity specifically?
Calculate the break-even point for the device in months : Calculate the break-even point for the device in months. Based on your calculation, would you have the system installed in your car? Why, or why not?
James should advise his client only on legal issues : James should advise his client only on legal issues, which does not include price. James should advise his client that he is confining his advice to legal issue
Issues of potential copyright infringement : Explain through writing, a memo to the owner explaining the issues of potential copyright infringement of Chris Click's photo and if there are any defenses
What ethical problems are there with the death penalty : When discussing correctional strategies, how do you balance the safety of citizens. What ethical problems are there with the death penalty?
Describe how offenders may use social media : Describe how offenders may use social media. Explain why it is important for law enforcement to be present on social media.
Standardize municipal laws throughout canada : A letter to editor in local newspaper suggests that federal government should introduce legislation that would standardize municipal laws throughout Canada.

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd