Business Law Research Paper Example | Topics and Well Written Essays - 2250 words

Business Law - Research Paper Example This is filed at the relevant registry and then served upon the defendant(s). Once the defendant is served personally, he is supposed to sign the summons and file a reply to the summons within a stipulated time. If he opts not to reply, he shall be deemed to have received the summons within a time stipulated by the relevant law. 2. When an Attorney will represent a Client on Contingency Basis When Filing a Suit for Tort A contingency fee refers to where the lawyer is paid if and only if the plaintiff wins or there is a settlement. The reason why clients opt for this method is that they fear the risk of loss. They also want the lawyers to finance them. Others are desperate and have no money to finance the suit. Lawyers on their side accept contingency fee because it is the practice of the particular law firm while others work on a fee per hour basis. Disadvantage is that it compromises the choice of a lawyer. 3. Contract for a sale of interest in land I †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â ‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.of identity number†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. (Herein called ‘the seller’) have on this 8th day of March 2013 agreed to sell plot no.Eld 1234/10 of 20 hectares to †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Of identity number†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦. ... He receives a 10% commission on every plot he sells above the principal’s price. 2) They get their contracts through written agreements with the principals who are his clients. The statutes of frauds do however not cover the contracts 3) Lenny became an agent through practice where he used to bargain on behalf of those selling pieces of land and paid for the same. And testament as Sample Partnership Agreement THIS PARTNERSHIP AGREEMENT is made this 8th day of March 2013 by And between BOB JONES, BILL DUNN and MAC SMITH. Section 1: Explanatory Statement The parties hereto desire to enter into the business of purchasing, acquiring operating, leasing, owning and selling lawn mowers, including but not limited to that certain parcel of land, and all improvements constructed thereon, described as BOX NO.134,NEWYORK and engaging in any other lawful phase or aspect of lawn service. In order to accomplish their previously mentioned desires, the parties hereto desire to join in a genera l partnership under and pursuant to the Uniform Partnership Act, amended from time to time (the "Act") NOW THEREFORE, in consideration of their mutual promises, covenants, and agreements, and the Explanatory Statement, which Explanatory Statement is incorporated by reference herein and having made a substantive part of this Partnership Agreement, the parties hereto do hereby promise, covenant and agree as follows: Section 2: Principal Place of Business The principal office and place of business of the Partnership (the "Office") shall be located at Angell Road. Section 3: Business and Purpose 3.1.The business and purposes of the Partnership are to manage, and operate, lawn service business (the "Lawns"),