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X Co. is a retail dealer of garden tractors. Mr. Y signs a contract to buy a garden tractor for $400 but later backs out of the agreement. The tractor that Y agreed to buy is subsequently sold to Mr. Z for $380. The average cost of a garden tractor to X co. is $260, and the average variable cost is $220. The marginal cost to X co. of supplying an additional tractor to a customer is $300.
X Co. sues Y for breach of contract. How much damages should be awarded to X co? You must explain your answer to get any credit.
Loans - Void Contracts However all loans made for an infant are void and irrevocable. Since in Leslie Ltd. v. Sheill the infant defendant had obtained two advances of two hun
Define the principle of prescription Prescription (res nullius-an asset susceptible of acquisition but presently under the ownership or sovereignty of no legal person). Pr
Conrad put an advertisement in a newspaper on 19 November offering to sell his motor boat for $35,000. On 21 November, Joe rang Conrad and said he was prepared to pay $30,000 for t
Contractual Capacity of Persons of Unsound Mind Furthermore a contract entered into through a person of unsound mind is voidable on his option whether it is proved that the ot
1. How does the Melian dialogue represent key concepts such as self-interest, the balance of power, alliance, capabilities, empires and justice? Athenian leaders arrive on the is
A) As members of the WTO, recognize three (3) shared interests Japan, the EU, the USA and China all share. B) A court only requires to have personal jurisdiction over a par
Assignments should be submitted on or before the due date. Zero mark will follow late submission of an assignment unless you have an acceptable reason approved by the instructor.
Societies - Unincorporated Associations However these types of associations are registered under the Societies Act 1968. Section 2(1) of the Act justify a society very broa
QUESTION 1 (a) What are usually accepted principles of corporate governance. (b) What factors can lead to incrising corruption in the business environment? QUESTION 2
Q. Show Recent developments in mitigating phoenix activity? Since these previous works, there have been significant developments in mitigating phoenix activity. Following Tr
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