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Common law Free Essay Example, 1500 words

Unilateral contracts are common when one of the parties is offering a reward for the finding of a specific item. The person offering the reward would only have to make the payment if the other party found and returned the lost item. Katie could also safeguard her interests by the inclusion of conditions or warranties into the agreement. In Poussars v Spiers (1876)5 the court concluded that the obligation to perform was a condition of the contract and as Poussard was unable to perform the respondent was entitled to repudiate the contract. In Bettini v Gye (1876)6 the court held that a breach of warranty had occurred when the plaintiff failed to arrive for rehearsals as promised. The respondent was not entitled to repudiate the contract but was entitled to compensation for the breach of the warranty given by the plaintiff in which he agreed to arrive in London 6 days before the concert for the rehearsals. It is often easier for the courts to determine the intention of the parties if the terms of the contract are in written form7.We will write a custom essay sample on Common law or any topic specifically for you Only $17.96 $11.86/pageorder now Oral agreements can be difficult to enforce, as the party relying on the oral agreement has to prove that such an agreement was in fact made8. It might also be advisable for Katie to hire an architect or surveyor before undertaking the work, as they would be able to advise on the necessary work required. Case 2 In contract law an offer is deemed to have been made when that offer has been communicated to the other party. This means that if the offeror offers to sell an item either verbally or in writing, the person receiving the offer is entitled to accept the offer and enter into a contract with the offeror. Until the offer has been accepted and consideration has been paid the contract will not be regarded as binding on the parties. If an offer is communicated in writing, and includes a deadline by which acceptance must be communicated, the offer remains valid until the deadline date has expired. The courts have recognised the difficulties in ascertaining the validity of an acceptance of an offer in relation to the communication of that acceptance. This was first recognised in Adams v Lindsell9 in which the court was asked to decided when a contract is deemed to have been formed if acceptance is communicated by post. This case posed difficulties due to postal delays and the parties not being simultaneously aware of the communications. In Adams the court stated â€Å"Where the circumstances are such that it must have been within the contemplation of the parties that, according to the ordinary usages of mankind, the post might be used as a means of communicating the acceptance of an offer, the acceptance is complete as soon as it is posted10†.

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Funding Jill Moran’s Retirement Annuity Sunrise Industries wishes to accumulate funds to provide a retirement annuity for its vice president of research, Jill Moran. Ms Moran, by contract, will retire at the end of exactly 12 years. Upon retirement, she is entitled to receive an annual end- of-year payment of $42,000 for exactly 20 years. We will write a custom essay sample on 5ytyt or any similar topic only for you Order Now If she dies prior to the end of the 20-year period, the annual payments will pass to her heirs. During the 12-year â€Å"accumulation period,† Sunrise wishes to fund the annuity by making equal, annual, end of the year deposits into an account earning 9% interest. Once the 20-year â€Å"distribution period† begins, Sunrise plans to move the accumulated monies into an account earning a guaranteed 12% per year, At the end of the distribution period, the account balance will equal zero. Note that the first deposit will be made at the end of year 1 and that the first distribution payment will be received at the end of year 13. Please answer the questions listed below. . Draw a time line depicting all of the cash flows associated with Sunrise’s view of the retirement annuity. 2. How large a sum must Sunrise accumulate b the end of year 12 to provide the 20-year, $42,000 annuity? 3. How large must Sunrise’s equal;, annual, end-of-year deposits into the account be over the 12-year accumulation period to fund fully Ms. Moran’s retirement? 4. How much would Sunrise have to deposit annually during the accumulation period if it could earn 10% rather than 9% during the accumulation period? How to cite 5ytyt, Papers

Oedipus The King (1083 words) Essay Example For Students

Oedipus The King (1083 words) Essay Oedipus the KingOedipus the KingThe events in Oedipus the King, writtenby Sophocles, show an underlying relationship of mans free will existingwithin the cosmic order or fate which the Greeks believed guided the universein a harmonious purpose. Man was free to choose and was ultimately heldresponsible for his own actions. Both the concept of fate and free willplayed an itregal part in Oedipus destruction. Although he was a victimof fate, he was not controlled by it. Oedipus was destined from birth tosomeday marry his mother and to murder his father. This prophecy, as warnedby the oracle of Apollo at Delphi was unconditional and inevitably wouldcome to pass, no matter what he may have done to avoid it. His past actionswere determined by fate, but what he did in Thebes, he did so of his ownwill. From the beginning of this tragedy, Oedipustook many actions leading to his own downfall. Oedipus could have waitedfor the plague to end, but out of compassion for his suffering people,he had Creon go to Delphi. When he learned of Apollos word, he could havecalmly investigated the murder of the former King Laius, but in his hastiness,he passionately curses the murderer, and in so, unknowingly curses himself. Upon the murderer I invoke this curse- whether he is one man and all unknown,or one of many- may he wear out his life in misery or doom! If with myknowledge he lives at my hearth, I pray that I myself may feel my curse.(pg. 438; lines 266-271)In order for Sophecles Greek audienceto relate to the tragic figure, he had to have some type of flaws or anerror of ways. This brought the character down to a human level, invokingin them the fear that it could happen to them. And Oedipus certainlyis not one without flaws. His pride, ingnorance, insolence and disbeliefin the gods, and unrelenting quest for the truth ultimately contributedto his destuction. When Oedipus was told (after threatening Teiresias),that he was responsible for the murder of Laius, he became enraged andcalls the old oracle a liar. He ran away from his home, Corinth, in hopesof outsmarting the gods divine will. Like his father, Oedipus also soughtways to escape the horrible destiny told by the oracle of Apollo. The chorus warns us of mans need to have reverence for the gods, and the dangersof too much pride. If a man walks with haughtiness of hand or word andgives no heed to Justice and the shrines of Gods despises- may an evildoom smite him for his ill- starred pride of heart!- if he reaps gainswithout justice and will not hold from impiety and his fingers itch foruntouchable things. When such things are done, what man shall contriveto shield his soul from the shafts of the God? (pg. 452; 975-984)Oedipus unyielding desire to uncover thetruth about Laius murder and the mystery surrounding his own birth, ledhim to the tragic realization of his horrific deeds. Teiresias, Jocastaand the herdsman tried to stop him from pursuing the truth. Take for examplea part of the last conversation between Jocasta and Oedipus. After realizingthat the prophecy had came true, Jacasta begs him to just let the mysterygo unsolved for once. I beg you- do not hunt this out- I beg you, if youhave any care for your own life. What I am suffering is enough. (pg. 461;1158-1161) Oedipus replies, I will not be persuaded to let chance of findingout the whole thing clearly. (pg. 461; 1166-1167) He is unable to stophis quest for the truth, even under his wifes pleading. For it is in hisown vain that he must solve the final riddle, the riddle of his own life. .u900539549ba8cf83770977d81abd5abf , .u900539549ba8cf83770977d81abd5abf .postImageUrl , .u900539549ba8cf83770977d81abd5abf .centered-text-area { min-height: 80px; position: relative; } .u900539549ba8cf83770977d81abd5abf , .u900539549ba8cf83770977d81abd5abf:hover , .u900539549ba8cf83770977d81abd5abf:visited , .u900539549ba8cf83770977d81abd5abf:active { border:0!important; } .u900539549ba8cf83770977d81abd5abf .clearfix:after { content: ""; display: table; clear: both; } .u900539549ba8cf83770977d81abd5abf { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u900539549ba8cf83770977d81abd5abf:active , .u900539549ba8cf83770977d81abd5abf:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u900539549ba8cf83770977d81abd5abf .centered-text-area { width: 100%; position: relative ; } .u900539549ba8cf83770977d81abd5abf .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u900539549ba8cf83770977d81abd5abf .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u900539549ba8cf83770977d81abd5abf .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u900539549ba8cf83770977d81abd5abf:hover .ctaButton { background-color: #34495E!important; } .u900539549ba8cf83770977d81abd5abf .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u900539549ba8cf83770977d81abd5abf .u900539549ba8cf83770977d81abd5abf-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u900539549ba8cf83770977d81abd5abf:after { content: ""; display: block; clear: both; } READ: One flew over the cuckoo’s nest Persuasive EssayUpon discovery of the truth of his birthfrom the herdsman, Oedipus cries, I who first saw the light bred of amatch accursed, and accursed in my living with them, cursed in my killing.(pg. 465; 1300-1303) Oedipus knew that his fate had indeed come to passand feels cursed by it. The chorus then sings an ode on the sorrow of lifeand the tragic fate to which even the most honored, like Oedipus are ultimatelysubject. What man, what man on earth wins more happiness than a seemingand after that turning away? Oedipus you are my pattern of this, Oedipusyou and your fate! Luckless Oedipus, whom of all men I envied not at all. (pg. 465; 1305-1311)At the end of this tragic story, when Oedipusgouges out his eyes, the chorus asks him what god urged him to blind himself. Oedipus replied, It was Apollo, friends, Apollo, that brought this bitterbitterness, my sorrows to completion. But was the hand that struck me wasnone but my own. (pg. 467; 1450-1453) He claimed full responsibility forhis actions. Oedipus was guilty of killing his father and marrying hismother, but perhaps the true sin lay in his overzealous attempt to raisehimself to the level of the gods by trying to escape his fate. The choruschants about how in prosperity, he was envied by all men, he was honoredhighest above all honors, and how he won happiness by pride (by slaughteringthe Sphinx, and by trying to deceive the gods will.) But, how ultimately,Odipus was judged for it, causing a reversal of fortune in his prosperouslife. The fact that Oedpius motives for killinghis father, Laius, and wedding his mother, Jocasta, it does not take awayfrom the horrific nature of the crimes. When he tears at his eyes withhis Jocastas broach, Oedipus is accepting the full burden of his actsand knew that he must be punished for his sins. Therefore the last actof destruction was caused by Oedipus free will, but his tragic fate cameabout because of the nature of the cosmic order ( that every sin must bepunished) and role of the gods in human affairs. The chorus concludes this tragedy by warningthe Greeks, that the only way to happiness is through humility and respecttowards the gods, (qualities which Oedipus lacked, and ultimately led tohis destruction.) They also warn not to take anything for granted, or suffera fate like that of Oedipus. You live in my ancestral Thebes, beholdthis Oedipus,- him who knew the famous riddle and was a man most masterful,-not a citizen who did not look with envy on his lot- see him now and seethe breakers of misfortune swall him! Look upon that last day always. Countno mortal happy till he has passed the final limit of his life secure frompain. (pg. 470; 1643-1670)