$20 Bonus + 25% OFF
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
Add File

Error goes here

LAW60003 Corporations And Contract Law

tag 0 Download7 Pages / 1,585 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Question:

Anthony is a prestige property developer who is well known in the building and construction industry for developing high quality apartment complexes. He engages Emma as the main contractor to construct a new luxury apartment complex. Due to a previous experience with Emma’s sub-contractors, James insists on a building contract with Emma that provides for the following conditions:

a)Contract price is $15,000,000 and payable to the main contractor in the following manner:

(i)$2,000,000 upon site clearance;

(ii)$8,500,000 after completion of the walls, floors, roof, electrics and plumbing to all the units in the apartment complex;

(iii)$4,500,000 upon certification by the architect that full and final completion has occurred.

b)The main contractor shall at the direction of the developer terminate the employment of any sub-contractor engaged by the main contractor if in the opinion of the developer the sub-contractor’s work is unsatisfactory or his or her conduct constitute gross misconduct.

c)The date for completion is 12 December 2016, time being of the essence.

Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

Upload
Unique Document

Document
Under Evaluation

Get Money
into Your Wallet

Total 7 pages, 1 USD Per Page

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help (2021) Corporations And Contract Law [Online]. Available from: https://myassignmenthelp.com/free-samples/law60003-corporations-and-contract-law/contract-law-are-under-statutory-obligation.html
[Accessed 16 September 2021].

My Assignment Help. 'Corporations And Contract Law' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/law60003-corporations-and-contract-law/contract-law-are-under-statutory-obligation.html> accessed 16 September 2021.

My Assignment Help. Corporations And Contract Law [Internet]. My Assignment Help. 2021 [cited 16 September 2021]. Available from: https://myassignmenthelp.com/free-samples/law60003-corporations-and-contract-law/contract-law-are-under-statutory-obligation.html.


If you are terrified of math assignments or facing severe time constraints, do not hit the panic button. Experts at MyAssignmenthelp.com are at your disposal to provide you with efficient math homework help. If you find calculus, algebra, geometry, number system to be intricate, then you should seek the assistance of our math solvers. Moreover, we provide affordable assignment to help you with your query 'Who will do my math homework at an affordable price?’ The math question solvers also provide rechecking to make sure that the answers are authentic.

Latest Business Law Samples

HA2022 Business Law

Download : 0 | Pages : 9

Answer  Caltex Oil v Dredge (1976) Case Introduction The leading case of Caltex Oil v Dredge (1976) is a landmark case wherein the concept of pure economic loss is dealt with. This case is the first case of Australia wherein it was held that there are situation wherein exception to the basic rule that recovery of pure economic loss is not allowed is now permitted. The exception is permitted in situation when the defendant can ...

Read More arrow

BUS200 Law Of Business Organisation

Download : 0 | Pages : 3

Answer  The decision making process of the company is determined by the power that has invested in the directors of the company. Section 256B of the Corporations Act specifies the provisions of the company to make reduction that is not otherwise authorised. The directors have the right to reduce the share capital in such a manner that is not otherwise authorised by law under two conditions. Firstly, the reduction is reasonable as well as...

Read More arrow

LST5CCL Company And Commercial Law

Download : 0 | Pages : 5

Answers 1. Issue The issue here is to determine whether Charlie has a good case against EnviroPro Pty Ltd under Good Act (Victoria) and general contract rules.  Rule To determine whether Charlie has a good case against EnviroPro Pty Ltd, we have to first understand whether the statement of the salesperson is a term of the contract, and if so, to determine the kind of term that is. A term of a contract and puffery differs from each oth...

Read More arrow

BUS101 Introduction To Business

Download : 0 | Pages : 6

Answer: 1. Three Causes of Action/Legal Issues Mr. and Mrs. Amadio relied on the concept of unconscionable conduct while developing a challenge against the contract they had with the bank. This is a concept whereby one party to the negotiation process has an advantage over the other party, based on disability, old age, sickness, language barrier, etc. In this scenario, Mr. and Mrs. Amadio were arguing that they were at a disadvantage because ...

Read More arrow

LAW 6000 Business And Corporate Law

Download : 0 | Pages : 6

Answers Case Study 1 In this case study, the issue is if the partnership is bound by the contract created by Lance with Mighty Motors Pty Ltd for the purchase of a new Ute at a price of $25,000, while the partners have agreed that Lance should not spend more than $20,000 on the purchase. Hence, it has to be seen if this contract is binding and is the other partners and if the other partners can take action against Lance. According to the par...

Read More arrow Tags: Australia Cambelltown Management University of New South Wales Masters in Business Administration 
Next

5% Cashback

On APP - grab it while it lasts!

Download app now

*Offer eligible for first 3 orders ordered through app!

ribbon
callback request mobile
Have any Query?