Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Laws understanding contracts
Laws understanding contracts
Laws understanding contracts
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Laws understanding contracts
Arbitration can be binding and non-binding. A binding arbitration is when the participant must follow the arbitrator's decision and the courts will enforce it. Non-binding arbitration means that either party can reject the agreement. By rejecting the agreement, they can take the dispute to court as if they never had arbitration. This form is not common. Must organization has a binding arbitration due to going to the court would cost more than arbitration. “If a signed arbitration agreement is in place, one side may not unilaterally decide that it does not want to arbitrate” (FreeAdvise Staff, n.d.). This means that the opposing party saw that there were something was wrong and the contract could be baise. One side has all the bargaining power and other side has to just agree to the terms or walk away from the negation . …show more content…
Adhesion contracts are common form of contract and are binding just as any other contract. On some occasion, adhesion contracts or a clause within the contract could be enforceable. Enforceable contract means that there has to be an agreement, an acceptance, and consideration. The key element is the offer. It defines the purpose of the contract. The offer has to be communicated effectively so that the other party has the ability to accept or decline the offer. In order for the offer to be valid, the acceptance has to be straightforward and has to correspond to the exact terms that were of the offer. To finalize the offer there has to be a consideration. Consideration has to be a give and take for both parties. “Both parties must give something of value and receive something of value. If only one party receives value from an arrangement, the arrangement is generally defined as a gift rather than an enforceable contract” (UTSA,
2.) According to Judge Joseph Colquitt (2001: 706), “[t]o date, those who would abolish plea bargaining have been largely unsuccessful. In fact, some would argue that the battle against plea bargaining has been lost.” If you agree that the battle against plea bargaining has been lost, what steps would you take to ensure the fairness and constitutionality of plea bargaining practices in light of its inevitability, and if you disagree, then what steps would you take either to limit or eliminate plea bargaining?
There are many advantages and disadvantages when it comes to the accused plea bargaining. Plea bargaining happens when the accused pleads guilty to a crime and in return the prosecution agrees on a lighter sentence or reduced charges (Siegel, Schmalleger, Worrall, 2011). In some cases the prosecution agrees to both. There are many advantages to an accused plea bargaining. Some advantages includes saving the courts money, time, and resources. There are also disadvantages to plea bargaining. Some disadvantages is that prosecutors may charged the accused with a higher charge, non-guilty defendants may plead guilty, and defense attorneys not getting paid may talk their client into plea bargaining. Criminal who chose to plea bargain also are able to move through the court process faster and resolve their case sooner.
Texas politics is an interesting ecosystem of power, rules and regulations. Of course, in typical Texas fashion, most of the politics we engage in we do our own way. From governors who stay in office for a decade to our extremely diverse demographics, Texas is extremely unique. This uniqueness of course comes with its critics, benefits, and downsides. This is particularly true with the Texas Court system compared to both the federal courts and many other states.
The Arbitration Fairness Act declares no dispute regarding arbitration of an employment, consumer, anti-trust, or civil right dispute be deemed a valid or enforceable pre-dispute arbitration agreement. The act has many arguments against it that increases the number of cases that are filed or even overburden by the courts. The consumer should not have benefits of the law that has been evolved because of the expense it causes. Although this is implied, business should have the ability to use contact laws that would force this result.
-up to the individual to decide whether they contract or not and on what term (McMillan)
In the case of Derrick and Carmelo’s case, an agreement can only be legally enforceable if the two parties intend to be legally bound at the time the agreement is made, in the situation in which Derrick and Carmelo made that agreement. In this situation, a reasonable conclusion would regard the NBA agreement as intended to be binding
Whether a judge should be elected or appointed has been a topic for discussion since the creation of a judicial system. Depending on what side of the decision one may be on, there are some challenges that arise from each side. If a judge is elected, will he be judicious in his decision based on the law or based on his constituents? If the judge is appointed, will he be subject to the authority that appointed him, thereby slanting his decision to keep favor of the executive or legislator that appointed him? Mandatory retirement is also a question that brings about challenges. How old is too old? When does a judge become ineffective based on their age?
There are many different areas of law that require practice. Perhaps one of the most exciting areas of law is civil litigation. There are many different kinds of litigation that fall
This report is set to outline and highlight key developments in a very important piece of law “Federal Arbitration Act” which is also commonly known as FAA. In order to look at the FAA in detail which was developed in late 1925, first let’s see what the word Arbitration mean. In simple words, Arbitration is known be to a very informal, private and isolated process in which all participating parties agree to hand in their disputes and problems in writing to one or more independent parties who are sanctioned to resolve the problem or issue. If someone ask you a question to define the act of Arbitration or what does it mean, most of us will have one of the following opinion:
Mediation is typically ordered in types of cases that there is significant emotional ties; creating a potential for hostility, loss of relationships or personal feelings getting in the way of reaching an agreement. Arbitration is the best option for cases where the parties simply cannot come to an agreement and decide to have someone else decide the outcome of the case for them, without the expense and formality of a trial. Arbitration is also useful in highly complex cases where it is necessary to have a highly trained professional come to the
Alternative Dispute Resolution or ADR refers to a number of various processes that can be used to resolve legal disputes other than by litigation. Recently, methods of dispute resolution which focus on arbitration, mediation and negotiation as an alternative to adjudication have gained notoriety. This notoriety may have been caused by the public perception that ADR methods are less expensive, more efficient, and more satisfactory than the normal traditional course of litigation. The goals of establishing these processes to resolve disputes as an alternative to more formal legal processes include: 1) to make the regular court system more efficient, less costly and more responsive to the needs of the litigants; 2) to offer alternative methods of dispute resolution in addition to the regular court system; and 3) to provide public education about the available alternatives.
ADR holds an extensive, easily influenced and diverging choice of processes for finding solutions to disputes which are personified by structured negotiation and consensus. It is regarded that arbitration is a familiar ADR technique, however, it is more of an official adjudicative and adversary technique initially a confidential litigation process which has more commonality to litigation than the more original consensual processes which symbolise ADR. As simplified by Angyal (Alternative Dispute Resolution, 1987, p. 11). "The key difference between ADR and those traditional techniques of litigation and arbitration is that ADR techniques are used to produce a resolution to dispute through a negotiated agreement while litigation and arbitration are processes by which a result is imposed on the parties. " We can say that many issues arise with terms.
Gies, T. P., & Bagley, A. W. (2013). Mandatory arbitration of employment disputes: What's new and what's next?. Employee Relations Law Journal, 39(3), 22-33.
One of the last remaining strongholds of classical contract law is the notion that contracts require offer and acceptance therefore, in order for a contract to become binding, offer, acceptance, consideration and intention to create legal relations must exist. However contracts are formed in different ways for each different circumstance. (Shawn Bayern, Offer and Acceptance in Modern Contract Law: A Needles Concept, 103 Cal. L. Rev. 67, 102 (2015)
Agreement is a mutual understanding of two parties and willing to accept terms and conditions in order to form a legal contract (Penthony et al.2014). Agreement consists of two components; offer and acceptance. Offer is made by an offeror in an exchange for performance from another party on certain terms while acceptance is the action of accepting to the terms of the offer. An offer must follow the requirement in order to form