In this context Damien can ask for refund for the text book However the notes

In this context damien can ask for refund for the

This preview shows page 5 - 7 out of 7 pages.

In this context, Damien can ask for refund for the text book. However, the noteswhich he bought cannot be returned due to the fact of lapse of time. Dispute Resolutions1.Mediation
Background image
Instead of Litigation, the dispute can be resolved mediation. Mediation is a voluntaryprocess to settle disputes without the need for litigation. It provides a platform for the parties tosettle dispute by reaching a mutually acceptable agreement. The mediator which is the middleman will help in the negotiation process to reach a solution which is acceptable to all. First, Mediation is less expensive compare to litigation because parties do not need toattend to the court. Second, it is a faster way to resolve dispute because the mediation session canbe scheduled at the convenience of the parties involved. Third, Mediation is privacy concerned.The process of litigation might cause reputation damage to the parties because it is transparent. Mediation is less formal. However, the result of mediation is not legally binding. Partiesare encouraged to accept the findings by the mediator but the parties are not compulsory to followthe suggestion. If the parties disagree with the mediator’s suggestion, they can pursue theirdispute in the court anytime. 2.Arbitration Arbitration is a more formal form of dispute resolution. It is a process where the partiesare required to submit the dispute matter to the arbitrator for decision. The selected arbitratorwill Although it is more structured compare to mediation it is also a faster, less complex, moreefficient, and cheaper process than litigation. It results in a binding, enforceable outcome,overseen by a lawyer, without any of the hostilities (or drama) of the courtroom. It also givesparties the option of selecting a solicitor who has technical knowledge in their field, rather thanrelying on a judge who may not be familiar with the specific issues.The confidential level ofarbitration is similar to mediation because it is not open to the public.
Background image
SumamaryIt is usually state that the parties to a contract must intend to create legal relations. Thereare certain situation where this policy can produce an unfair outcome, incommercial transaction, .-b81bd515173d;page=0;query=DocId%3A%224a1a9a39-859e-4f4a-ab3b-cba78f1aef9d%22%20Status%3Ainforce%20Depth%3A0;rec=0#pr2-he-.Sales of Goods Act, Cap 393, s. yy [section number if necessary] (YYYY).Capper, D. (2009). Common Mistake in Contract Law. Singapore Journal of Legal Studies, 457- 473Mcmillan, C., & Stone, R. (2012). Elements of the Law of Contract. University of London Nik.M. N.M., & Nur.I.M.A., Nurul.H.R., Nur.D.M.Y . (N.D).Enforceable Contracts: Intention To Create Legal Relations. Entrepreneurship Vision 2020: Innovation, Development Sustainability, and Economic Growth
Background image

You've reached the end of your free preview.

Want to read all 7 pages?

  • Fall '16
  • DEANNAMCCAY
  • Law

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture