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HI6027: BUSINESS AND CORPORATIONS LAW Assignment
QUESTION 1 - Consider the following situations and indicate whether consideration is present and whether Jack has an enforceable agreement:
a) Jane is going overseas and she offers to give her Lotus Super 7 sports car to Jack. The market value for this type of vehicle in good condition is around $25 000. Jack accepts.
b) Jane offers to sell Jack her Lotus Super 7 sports car for $25 000. The market value for this type of vehicle in good condition is around $25 000. Jack accepts.
c) Jane offers to sell Jack her Lotus Super 7 sports car for $2500. The market value for this type of vehicle in good condition is around $25 000. Jack accepts.
QUESTION 2 - A shipbuilder had contracted to build a tanker for North Ocean Tankers. The contract was in US dollars and didn't contain any provisions for currency fluctuations. Approximately halfway through construction of the ship, the United States devalued its currency by 10 per cent. As the shipbuilder stood to make a loss on the contract, it demanded that an extra US$3 million be paid or it would stop work. The buyer reluctantly agreed under protest to pay, as he already had a charter for the tanker and it was essential that it be delivered on time. The buyer didn't commence action to recover the excess payment until some nine months after delivery. Will the buyer succeed in recovering the excess?
Write a 350- to 700-word paper in which you discuss the similarities and differences between state and federal prison systems. Include answers to the following in your paper:
there are 2 general modelsnbspto consider when discussingnbsptreatment of offenders. first is thenbspmedical model
When the company has filed under chapter 11, can the creditors petition the court to order the company sold pursuant to a offer? What elements should the court take into consideration?
Huang is the son of a successful Malaysian business people and works for his parents company. Huang owns a home in a suburb of Melbourne. Advise Huang of his legal/contractual rights
How does pornography affect the average U.S. citizen? Should our government protect us from being exposed to pornography? If so, why and in what ways? If not, why not
Homeland Security (DHS) uses to define the following DHS missions: Administering immigration laws, Securing cyberspace and Ensuring disaster resilience
Explain the distinction between civil commitment and criminal commitment. Next, support or criticize the premise that civil commitment was the proper course of action in the case of Britney Spears
select one legal case from a current event that has taken place within the past 2 years relevant to the following
A business woman rented a second-floor office suite for her consulting business. It was located above a bank on the first floor, and partly on top of the bank vault. She obtained blueprints and brought drilling tools into the office. Does she have..
What is evidence-based corrections? What role does it play in professional corrections today? What are the major components of the criminal justice system
Review the warranty clause carefully. Identify the kind of warranty this language provides. Draft a property sale agreement based upon the facts provided.
q1marges auto which is used for business works only is completely destroyed by a fire. the fair market value of the
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