Alternative Dispute resolution (5)
Arbitration
ombudsmen services
conciliation
mediation
tribunal system
The parties voluntarily submit their dispute to a third party and agree to be bound by the resulting decision.
2 types of it
Arbitration
commercial- between businesses
code- between customers & businesses
The organisations responsible for the supervision of legal, banking, insurance and financial services have each appointed officials called ________ who have the power to investigate and resolve problems reported to them by dissatisfied customers (for police brutality)
Ombudsman services
can suggest solutions but not enforce it
(non-binding is a disadvantage)
conciliation
assists the parties to communicate with each other and find their own resolution
to their dispute. like for family problems, property issues, and contracts
mediation
Like the courts, the ______ provides a means of judicial resolution to a legal dispute. Usually consist of a panel of members with knowledge relevant to the specialist jurisdiction of the tribunal. The panel chair is generally legally qualified.
labor, ss, emergency powers
narrow jurisdiction: labor only deals with labor & SS only deals with SS
tribunal system
contract definition & 2 types
legally binding agreement between 2 parties.
-simple (dont hv to put it into writing like haircut) & parol contracts
The essentials of a binding (4)
offer
acceptance
consideration ( each party contributes smt of material value)
intention to create legal relations
writting is not usually ________- writting is not a legal requirement for contracts but its still _________.
without the contractual document the law will treat the transaction as …
essential; important
if it does not exist.
the offer (2)
a clear statement of the terms that bind the 2 parties. (offeror & offeree)
most offers are bilateral or unilateral
bilateral
unilateral
a promise for a promise (ex: buying)
a promise for an act (ex: lost dog)
