Law | Senioritis

Adam Park
June 21, 2023
Law

Understanding Substantive Unconscionability: Fairness and Reasonableness in Contracts

A substantive unconscionable contract contains conditions that: are one-sided. A substantive unconscionable contract contains conditions that are unfair, unbalanced, or overly one-sided in favor of one party...

Adam Park
June 21, 2023
Law

Understanding Indivisible Contracts: Why Complete Performance by Both Parties is Crucial

An indivisible contract requires complete performance by __________. both parties An indivisible contract requires complete performance by both parties. In an indivisible contract, performance by one party...

Adam Park
June 21, 2023
Law

Understanding Company Contracts: Navigating the Companies Act 2006 and Articles of Association

-As the company is a legal person, it can enter into contracts with persons inside and outside the company-No such restriction under the CA 2006 unless otherwise...

Adam Park
June 21, 2023
Law

Navigating Non-Compete Agreements: Understanding the Legal Landscape and Implications for Employers and Employees

Covenants not to compete in employment contracts are illegal in most states. False Covenants not to compete in employment contracts, also known as non-compete agreements, are generally...

Adam Park
June 21, 2023
Law

How illegal agreements can lead to void contracts and legal consequences

If both parties are equally responsible for an illegal agreement, the contract is: void. If both parties are equally responsible for an illegal agreement, the contract is...

Adam Park
June 21, 2023
Law

Preventing Injustice: The Importance of Fulfilling Promises in Employment, Legal Contracts, Personal Relationships, and Government Commitments

In which of the following instances can injustice be avoided by carrying out the promise? Promissory estoppel. Injustice can be avoided by carrying out a promise in...

Adam Park
June 21, 2023
Law

Understanding the Extent of Liability of a Member in a Company During Liquidation: Unpaid Amount on Shares or Guaranteed Amount as Stated by the Member.

Limited to the unpaid amount on shares or the guaranteed amount asstated by the member Features of a company: (Limited Liability) The statement “Limited to the unpaid...

Adam Park
June 21, 2023
Law

Understanding Sufficient Consideration: The Basics of Contractual Value Exchange

Promising to stop smoking for a week is an example of what type of consideration? A promise to refrain from doing something. The type of consideration promised...