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In both of these cases, the fundamental issue revolves around whether or not a contract has been formed between UEL and the consumers, Peter and Robert. Several factual issues are noted in this scenario and the cases in relation to both Peter and Robert will be discussed, separately, after an overview of the contractual principle has been had.In order for a binding contract to have been formed, there must be an offer and acceptance, as well as intention to be bound by both parties and that...
Introduction Statutory interpretation is process of interpreting statutes by the judges. The word of interpretation gives us thought that Act of Parliament is difficult to be understood but conversely, the definition of statutes have had very specific words but indeed the judges would still need the statutory interpretation to help them. The reason of this, even how, the words in the statutes are specific but sometimes the words contains ambiguity and vagueness in words. On top of that,...
Sales contracts have gained increased importance and value in business transactions, import and export trade. Buyers and sellers have relied on them to conduct their business because of the protection of the law that the two contracts provide. This study focuses on the two main contracts used in terms of trade between the buyers and sellers; Cost, Insurance, Freight (CIF) and Free on Board (FOB). The study is geared towards highlighting the use of these two sales contracts and enumerates the...
Transfer pricing deals with transactions within a multi-national corporation. It deals with prices that connected companies charge to one another. This situation may lead to the fact that these interrelated companies would charge prices to one another that differ from the market. Tax authorities are very troubled with that, and they will try to prevent multinational corporations from reducing their taxable income using transfer pricing. Due to these types of transfers, there came about a need...
The Naval Blockade instituted by warbolia and its enforcement against a ship carrying the Quetzalan flag are both illegal 3.1 Warbolia is not entitled in international law to institute a blockade in the absence of an international armed conflict The applicant, as already dealt in detail in the above contention, regarding the International armed conflict and also meticulously discussed that the instant matter is not one of an IAC. The law of blockade carries over to today is based in custom...
The Hague Rules -1924The Visby Protocol -1968The Hamburg Rules -1978The UN Convention on Multimodal Transport of Goods 1980The Rotterdam Rules 2009- UNCITRALEU initiatives Back Ground Growth of ContainerisationUniformity and replace the Hague, Hague Visby (HV) and Hamburg RulesHamburg Rules ratified by only few states and was not popularHague/HV ratifications – nearly 90 ratificationsUnder Hague Rules majority of disputes covered the contracts for the goods to be carried byRotterdam rules...
INTRODUCTION As the Internet empowers citizens and democratizes societies, it is also changing the way business is conducted: entrepreneurs are able to start new businesses more easily by accessing the Internet's worldwide network of customers; world trade involving computer software, entertainment products, information services, professional consulting, financial services, education businesses, medical diagnostics, advertising, and technical services is increasing rapidly as the Internet...
Following the collection of the vehicle, it crashed, due to a defect in material used for the brake cable. The information regarding the defect was only available to the dealer in a limited capacity (i.e. in an article on the internet, which was published independently in Bungistan, a month prior to the sale of the car). Despite this, the manufacturer had not officially notified the dealer of the defect. Had this been the case, the liability would be upon the dealer to arrange the return of...
Section BTo say that the past 3 decades have witnessed a boom in the amount of research and business literature on leadership in cross cultural context is a banality (Dickson, Hartog, & Mitchelson, 2003). Leadership itself has been a topic which has seen numerous differences in opinions concerning such basic aspects as its definition itself (Bass, 1997). Numerous author and experts have presented wide ranging and contradictory theories on the subject (Chemers, 1997). The addition of a...
Since the 1947, the Kashmir dispute between India and Pakistan has become an intractable one. They have fought four wars, but conflict could not be resolved through pacific settlement of dispute and even through the use of force from both sides. Kashmir conflict heavily depends on the legacy of colonialism; both states have a claim on same territory. This paper is designed to explain the situation in the context international legal system and vice versa. To accomplish this goal, it analysis...