Understand the essential elements of a valid contract in a business Essay

Understand the essential elements of a valid contract in a business context - Essay Example Some terms are fundamental whilst others are incidental. Fundamental terms are core components of a contract which form the very essence of a contract. In L Schuler AG v Wickman Machine Tool Sales Ltd1 it was held that conditions are the fundamental terms of a contract. They determine the very essence of the contract. The breach of a condition leads to the repudiation of the contract by the aggrieved party. In other words when the conditions are breached, the party that is unsatisfied is free to walk out of the contract because the contract was non-existent in the first place. Aside the core terms of a contract, there are other incidental promises that are meant to make the contract meaningful. In Chanter V Hopkins2 the judge held that â€Å"... a warranty is an express or implied statement of something which the party indicates shall be part of the contract and though part of the contract, yet collateral to the express object of it.† Albert Thomas proposal seeks to provide parking services for cars of individuals that are traveling via the nearby airport and will like to leave their cars. This is a service that creates some kind of contract between Albert Thomas and the customers that will use the parking lot. Thus the contract must have conditions and warranties. Condition: The condition will involve the provision of a space within which customers can park their cars. This parking space is meant to provide safe parking for the cars that will be brought by customers. Although these terms and conditions are important, there is the need to come up with certain important clauses to set the parameters within which Thomas can provide the services without incurring excessive liabilities. Also, these clauses will reduce ambiguity between Mr. Thomas and his customers. They include Penalty Clause, Exclusion Clauses and Exemption Clauses. The Penalty Clauses will identify certain penalties

Annotated Bibliography Essay Example | Topics and Well Written Essays - 1000 words - 2

Annotated Bibliography - Essay Example â€Å"Daddy,† according to the argument presented by Strangeways, is a political poem which portrays the holocaust and oppression in deeply subjective, personalised and emotive terms. Narbeshuber contends that critics have misinterpreted both Plath’s â€Å"Daddy and â€Å"Lady Lazarus† as journeys into the poet’s own tortured and troubled psyche. This is not true. â€Å"Daddy,† as with the other mentioned poem, constitutes a declaration of rebellion against the standardized and acceptable images of the female and her relationship with the men in her life. Society and culture have imposed certain behaviors on the female, all of which insist that she be submissive, beautiful and soft spoken. In â€Å"Daddy† Plath declares her rejection of these images and behaviors through outright rebellion. Therefore, this poem should not be read as one which reveals the poet’s own troubled psyche and weakness but as one which declares her strength and independence of societal images and stereotypes. Frye argues that Olsen’s short story is not only an exploration of the complexities of the mother-daughter relationship, as the majority of critics have maintained but, an exploration of the complexities of the mother’s own memories and psyche. In its exploration of the mother’s past, Frye establishes a correlation between the past and the present, illustrating the extent to which the latter is immediately influenced and determined by the former. Frye contends that the authenticity of this story and the extent to which the mother’s memories come across as true leads to the suspicion that this story is an examination of Olsen’s own self. Cox argues that the story exposes the emptiness which dominates the lives of teenagers and which causes them to lose their way, both in the literal and figurative senses of the word. As she contends, the title of the story is not just indicative of its primary theme but instructs readers to interpret the