It is going to be report format Essay Example | Topics and Well Written Essays - 2500 words

It is qualifying to be report format - Essay ExampleIn Joes case, a partnership kindred usually existed in the midst of him and his sister they used to buy tickets together and discuss the possibility of using their shares of the ticket. check to Beyer G.W. and Petrini J. If a taxpayer purchased a lottery ticket with the intent and understanding that the proceeds would be shared with others, the courts turn over treated the proceeds of the ticket as income to all the recipients rather than as income to just the purchaser.1 However, on that particular week, Joes stepsister did not append to the purchase of the ticket and the partnership relationship between the two of them halt at that moment. It is possible to talk about an intention of overlap the profit in the past weeks, when Joes stepsister contributed to the lottery tickets purchase, which explains Joes intention to share the prize. Joe was the that person who bought the ticket and it is clear that under these circumsta nces the intention of sharing the possible profit did not exist. ... on that particular week, Joe was the only buyer of the lottery ticket 3. the fact that his stepsister did not contribute to the purchase of the winning lottery ticket may serve as proof in Joes favour to show that on that week he did not buy the ticket with the intention of sharing the prize with his stepsister I would advise Joe not to worry about having to share the prize with his stepsister. raillery count 481 words b) I believe that Lawrence & Co can be held liable for inducing Joe to answer the contract by creating a false representation on the capacity of the premises. According to Richards P. (217) A deception may be defined as a false statement of fact that induces another to write down into a contract.2 It is obvious that Lawrence & Co has made a false statement regarding its premises in order to induce Joe to enter into a contract with it. Even though at the beginning of the negotiations Tim genuinel y believed that the premises were big enough to fit 25 of Joes courier vans, the fact that the premises were genuinely smaller than believed was discovered by Tim during the negotiation process. The disclosure of this discovery at that moment would have stopped the negotiation process and lead to a lost deal for Tims business. Therefore, Tim voluntarily hid the discovered fact, accept that there pull up stakes be no legal consequences against him. Moreover, the belief that all 25 courier vans will fit into the premises was practically the reason that convinced Joe to sign the contract. In the case of Derry v Peek3 the theatre of operations of Lords concluded that Fraud is established where it is proved that a false statement is made (a)