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The Purchase Contract Real Estate Law 1

  1. Under the Mailbox Rule, acceptance is effective upon:

    Receipt

    Delivery

    Dispatch

    Personal delivery

  2. The form of consideration known as a legal benefit is:

    An “upper-hand” given to one party in a negotiation.

    Anything of value.

    The right to an attorney in the drafting of the contract.

    A promise made to perform something he or she is not legally obligated to perform

  3. A promise in which one or both parties can elect not to perform is considered:

    Elective performance.

    Valid consideration.

    An illusory promise.

    A binding contract.

  4. Danielle offers to sell her home to Sam, in exchange for his home across town. If Sam accepts, is their sales contract valid?

    No, since there was no consideration provided for in the contract, the contract is invalid.

    Yes, their contract is valid because their exchange of property is considered valid consideration.

    Yes, their sales contract is valid as long as Danielle provides Sam with some form of monetary payment.

    No, their sales contract is invalid because both parties are subject to legal detriment.

  5. Which of the following parties has the capacity to enter into a valid contract?

    A legally emancipated seventeen-year-old

    An eighteen-year-old under conservatorship

    A person who is inebriated and about to pass out

    A person who has been declared mentally incompetent by a court of law
 
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DianDian Pty Ltd is the owner of the famouschain of restaurants,’DianDian’.Willis andandXialiare the directors ofDianDian Pty Ltd.Willis is also the CEO of the company and oversees the company’s day-to-day operations. InMarch2021, the company accountantsissued a report indicatingthat the business was running at a loss for the last six months.Willis read the report, butXiali was unwell at the time, so he decided to not tell her about it.Thingsgotworse as days passed, andDianDian Pty Ltd could not pay forits stockor salaries ofits employees.Willisdecides that he must act, so he applies fora loan to buyin handmadedumplings to add to the menuto improve business.DianDian Pty Ltd borrows$10,000 fromEastpac Bank to purchasehandmadedumplings.WhenXiali returns to work, she checks the accounts and recent reports and realises that DianDian is in serious financial trouble. Without Willis’s knowledge,Xiali immediately obtains the expertise of a financial advisor to prepare a restructuring plan.Shortly after, the company went into liquidation due toowing large sums of money to its creditors.

**AdviseWillisandXialiof their liability to DianDian Pty Ltdand any defences under theCorporations Act 2001 (Cth).Do not discuss S.180-184.Please usestatutory provisions to support your answer.***

**PLEASE ANSWER IN IRAC FORMAT DOWN BELOW***

ISSUE:

RULE IN THE CASE:

APPLICATION OF THE RULE:

CONCLUSION:

 
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Case study : Occupational health and safety
You have been hired to help revitalize a workers’ compensation social media campaign that targets youth and new workers. The current board received feedback that its social media materials include very technical language that is difficult to understand and information youth don’t feel is relevant. You need to revamp this material to ensure the information is accurate, engaging, positive, and informative, and reaches as many young and new workers as possible. Outline the following :
1. what information about the workers’ compensation system do you think should be included in these materials? What information can be excluded? Explain why?
2. How will you make this information engaging to youth and new workers? Provide one to two example materials.
3. what social media platforms will you use to target youth and new workers?
4. how will you plan to evaluate the impact of your social media campaign?
 
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Please do the following Problem in either Minitab or JMP.

Do not copy anyone’s solutions or else I will downvote and report.

The ABC company, a manufacturer of windows for residential buildings, hired a quality consultant to train the shift supervisors and selected line workers in statistical process control methods. As a trial project, the plant manager wants to evaluate the capability of a critical cutting operation that he suspects might be the source of the gap problem. The nominal specification for this cutting operation is 25.500 inches with a tolerance of 0.030 inches. Thus, the upper and lower specifications are LSL = 25.470 and USL = 25.530 inch. The consultant suggested inspecting five consecutive window panels, per operator, in the middle of each shift over a 15-day period and recording the dimension of the cut. The data shown below shows 15 days’ data collected for each shift, by the operator.

a) Establish statistical control limits and evaluate the process capability of the process to meet specifications. You may consider the following questions: What do the initial control charts tell you? Do any out-of-control conditions exist? If the process is not in control, what might be the likely causes, based on the information that is available? What is the process capability? What do the process capability indexes tell the company? Is ABC facing a serious problem that needs to address?

b) The plant manager implemented the recommendations that results from the initial study. Because of the success in using control charts, The ABC company made a decision to continue using them on the cutting operation. After establishing the control limit, additional samples were taken over the next 20 shifts, shown in the second part of the table below. Evaluate whether the process remains in control, and suggest any actions that should be taken. Consider the following issues: Does any evidence suggest that the process has changed relative to the established control limits? If any out-of-control patterns are suspected, what might be the cause? What should the company investigate?

 
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